Comments on: Upromise – Earn Free Money for College Education

By: asithi

asithi — Sun, 03 Oct 2010 04:05:43 +0000

I use Upromise and ebates as a way to get back some money for my online purchases. I’ve only been a member for one year and has earned $51 with Upromise. Though this is not my primary means of saving for college, it is nice to have a little bonus for my existing shopping habits.

By: jjk

jjk — Tue, 23 Feb 2010 16:44:57 +0000

I have been a member of Upromise since 2001 and I have earned almost $2200. As other people have said, no, it is not going to pay for college, but every little bit helps and if it will pay for their textbooks at least, great. I am conscious when I decide to buy something to try to use a Upromise member. I also have the Upromise credit card as well as use the toolbar. I have to say that I also save my emails from online purchases and go through my account periodically. If a purchase is missing, which does happen, I simply follow their link to report it and once they verify the purchase, my account gets credited. As for getting the money, yes, I have received several checks from them. Keep in mind that your money does not make any interest, so every time it reaches $200, I send them a letter with my account number and ask to withdraw the $200. I then deposit the money into my children’s college funds where it can earn more money.

By: Ryan

Ryan — Mon, 08 Jun 2009 15:08:24 +0000

Lannie, UPromise will mail you a check. I know several people who have received rewards checks (friends and relatives). I personally have not yet, but I only recently started.

By: Lannie

Lannie — Mon, 08 Jun 2009 15:01:07 +0000

*let me clarify, does it really work? Has anyone actually received a check in the mail for their rewards? Sorry to be a skeptic, but I don’t want to waste too much time on this if it really doesn’t matter in the end.

By: Lannie

Lannie — Mon, 08 Jun 2009 14:56:47 +0000

I have one question … how do you eventually get your Upromise rewards? When you decided enough is enough and you have saved as much as you want, then what happens?

By: Dan

Dan — Fri, 24 Apr 2009 17:52:10 +0000

I’ve used Upromise for about 3 years and I’ve earned about $25 total in rewards – mostly from grocery shopping.

By: Ryan

Ryan — Fri, 24 Apr 2009 11:16:38 +0000

T!,Thanks for the tips. Good point, and one that I should have mentioned. I plan on doing just that. College expenses will surely be much higher 18 years from now, so I know I will need to find other ways to save. I recently set up a 529 College Savings Plan in Ohio, which I plan on contributing to every year. Hopefully over time that will grow large enough to be a big help when the time goes to send our little one off to school.

By: T!

T! — Fri, 24 Apr 2009 05:54:52 +0000

I have an account with UPromise and from what I’ve found so far it seems really limited as far as where you can earn points and like most of these types of systems you have to spend a ton of money to earn an amount that might make a difference in your school savings plan. The biggest rewards come from stuff like buying or financing a home or car and vacation related expenses. So if you are already planning to do these things maybe you might be able to pick enough extra money that would make it worth while. I wouldn’t suggest relying on this using this as the main method of saving for college or paying off school loans. Make your plans as if you weren’t getting any money from this program and then anything you do earn is a bonus.