Upromise® World MasterCard® with Gas & Grocery Rewards

The Upromise World MasterCard is considered to be one of the best ways in which you can save money for college. By applying for this card you can earn cash back rewards each time you use the card on certain purchases. With it you earn a small percentage that goes toward college savings on groceries, gas, and other items. All must be within participating stores in order to earn the rewards. For a complete listing of participating stores that you can use your card at and earn rewards see the terms and conditions which can easily be found on the online application.

The great thing about the card is that you can also use it toward online shopping. This includes shopping for books, clothes, and even electronics. With a small percentage rate that you earn on each of these purchases you can start earning money in no time to put toward your degree. There is even an option that relatives in your family can sign up for their own Upromise account and direct their own savings toward your account. That way you have the option of really saving money for college just by doing everyday things without having to put extra money away.

This card has a slightly higher annual percent rate, but like all credit cards, this will depend upon each individual. A source of income and a credit check are required during the time of application in order to determine your creditworthiness. This I just to say that there has to be a source of income to gauge whether or not you are sufficiently able to make payments each month when you use the card. The minimum payment each month will fluctuate depending on balance and accumulated interest. As saying the annual percent range can change at any time.

You can keep track of your spending and balance online through the Upromise site. This allows you to make online payments, as well. You can keep track of how much money you have earned in your savings through your purchases. It is important to know your balance and pay it off. Interest will accumulate depending on the amount of money on the card each month. For a complete list of fees and other charges that are based on the card you can read the terms and conditions which has a separate section dedicated to fees, rates, and other costs.