Double Dipping in credit card rewards? It’s possible.
Let’s say that you have a sound financial discipline, you have no personal debt or if you do it is a very manageable amount, and you only charge on your credit cards what you can afford to pay off at the end of the month, therefore reaping the benefits of increased consumer protection, float, and rewards like cash back.
Can you maximize your rewards with additional cash back? You’ll be surprised to learn that the answer is: Absolutely YES! And the name to remember is: Upromise.
Upromise is a very interesting company, in a nutshell:
- you open an account with Upromise for free, of course,
- you register your credit cards there,
- you can also register your shopping cards from the supermarkets and stores that you normally use, like such as CVS, Stop & Shop and others,
- you can also opt into the dining program, which is also free.
Then you conduct business as usual, at times at the supermarket you’ll see some products that will have the Upromise logo on them, and if you buy them you’ll earn extra rewards.
There are also additional ways to earn rewards by shopping at UPromise network of affiliate merchants, available at Upromise’s site.
The savings add up, a little at a time.
And here’s a little known secret: UPromise business model is to let you save the rewards earned towards college tuition using the 529 plan. But you don’t have to, and you can withdraw your rewards by asking Upromise to send you a check any time you want (fee apply); effectively getting double rewards for your credit cards purchases.
We think that’s pretty cool, a MUST for everyone.
_________
Photo Credits: Leonard Low (cc)
October 8, 2008 | Filed Under Credit Cards, Reward Credit Cards | Leave a Comment
comments
Leave a Reply






