Upromise can now be linked to Sallie Mae student loans

[iamwiz82]

http://www.salliemae.com/content/landin...romise/index.html?dtd_cell=UpromLL0407

This could be very useful. Any reasons not to sign up?

 

[krunchykrome]

Saved for later. I'll read up on it when I go home to see if I qualify.

Thanks

 

[ScottFern]

Sallie Mae was charging me 8.75% on my private student loan! Terrible loan sharking! Well compared to my federal consolidation rate of 4.875% anyway.

 

[pcnerd37]

I got this in the email yesterday but I havent looked into it yet.

 

[randomlinh]

interesting... too bad all my federal loans are already consolidated to nelnet. My private loans aren't yet though.... I should see if they can beat my citibank rate.

 

[iamwiz82]

bump for experience with Upromise...

 

[ungsunghero]

Upromise used to be great, when they offered cash back on purchases at Staples, and I used to get earn about $2-5/month on grocery store purchases (in addition to the 5% on my cash back credit card).

Lately (the past year or so), Upromise seriously scaled back on their cash back offers, removing Staples, among other things. Now I don't think I earn $1/mo from my grocery store purchases.

Still, free money is free money, so I would consider signing up if you haven't already. Just make sure to register all your grocery cards, as well as all your credit cards.

Here's a list of some of the items that earn cash back.link

Case in point: from 11/02 to 6/04, when I was a poor college student (as opposed to being a poor working adult now ), I earned ~ $55 in my Upromise account. In the two years since, I have earned a cool $1.48.

Edit #2: Of the $56 that I've earned lifetime, $53 came from purchases at Staples and Circuit City.

 

[randomlinh]

damn, that's a bit discouraging. It's not even worth the hassle to get my loans over to sallie mae

 

[Kadarin]

I have no idea about this Upromise stuff, but Sallie Mae is an evil company:

link

 

[AndrewR]

Originally posted by: ungsunghero
Upromise used to be great, when they offered cash back on purchases at Staples, and I used to get earn about $2-5/month on grocery store purchases (in addition to the 5% on my cash back credit card).

Lately (the past year or so), Upromise seriously scaled back on their cash back offers, removing Staples, among other things. Now I don't think I earn $1/mo from my grocery store purchases.

Still, free money is free money, so I would consider signing up if you haven't already. Just make sure to register all your grocery cards, as well as all your credit cards.

Here's a list of some of the items that earn cash back.https://lty.s.upromise.com/marketplace/printShoppingList.html">link</a>

Case in point: from 11/02 to 6/04, when I was a poor college student (as opposed to being a poor working adult now ), I earned ~ $55 in my Upromise account. In the two years since, I have earned a cool $1.48.

Edit #2: Of the $56 that I've earned lifetime, $53 came from purchases at Staples and Circuit City.

They used to link some utility companies, and my parents signed on to my account, earning me about $3/month for awhile. Then, they yanked it, and I can't earn squat lately, even from grocery purchases since it's linked to certain items (and we stopped drinking so much Diet Coke!).

Oh, well, it's nice when it works, but it doesn't work often for me.