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Where to put my Upromise earnings?

Posted on 8/3/15 at 3:00 pm
Posted by CubsFanBudMan
Member since Jul 2008
5060 posts
Posted on 8/3/15 at 3:00 pm
I had previously had my Upromise earnings going towards a student loan that is now paid off. How should I now direct my earning? High Yield savings account, 529 plan, or cash out? I do not currently have a 529 plan set up for my daughter.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11792 posts
Posted on 8/3/15 at 3:26 pm to
I plan on getting rid of my Upromise credit card when i finish paying off my student loans next year. planned on getting another rewards style credit card.

But, i do love how easy it is to earn te cash back towards my student loan. I have earned over $1300 in the past 2.5 years, with the first 6 months of that time only having a $300 limit, now at $10,000 I use it for just about everything and pay off at the end of the month.
Posted by CubsFanBudMan
Member since Jul 2008
5060 posts
Posted on 8/3/15 at 3:43 pm to
quote:

I plan on getting rid of my Upromise credit card when i finish paying off my student loans next year. planned on getting another rewards style credit card.


I don't have the credit card. All of my savings comes from shopping through their site.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11792 posts
Posted on 8/4/15 at 8:53 am to
quote:

I don't have the credit card. All of my savings comes from shopping through their site.


with the credit card you get another 5% cash towards SL

So most of the items are 10% return.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55217 posts
Posted on 8/4/15 at 11:19 pm to
quote:

High Yield savings account,



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