Everyone should have the chance to go to college and pursue their dreams—but saving the money to help your children pay the high costs of higher education can feel daunting. The hard part isn’t saving for college, it’s getting started. Upromise GoalSaver from Sallie Mae is a simple, straightforward and free online savings account that allows families to save for college and other goals all in one place.
Upromise GoalSaver is a no-fee, no minimum balance savings account that serves as the perfect entryway for families who have not yet started saving for college. For families who haven’t started saving, Upromise GoalSaver is a turnkey solution to jump-starting a college savings plan that fits perfectly with their existing savings philosophy. It is not a 529, nor an ESA—it’s a completely free program that allows families to save for college, a nest egg, an emergency fund or all of the above. Through the GoalSaver account, families can set and track multiple goals through a single view – one per child for example – without having to open separate accounts.
Upromise by Sallie Mae is a free to join service that allows families to earn cash back for college through every day purchases. Upromise members can earn up to 5% cash back just by shopping with Upromise partners – including more than 850+ online stores, 10,000+ restaurants and 20,000+ grocery and drugstores. Popular online retail partners include Macys.com, Staples.com, Nordstrom.com, Dell.com and more. In addition to saving up to 5% when shopping online, users can earn an additional 5% when shopping online with the Upromise MasterCard, totaling up to 10% savings. Members can: transfer earnings to a GoalSaver account, eligible 529 plans or high-yield savings accounts; apply earnings to eligible student loan repayment; and split up earnings across multiple beneficiaries.
I received compensation from Upromise by Sallie Mae in exchange for writing this review. Although this is a sponsored post, all opinions my own.