NEWARK, Del.--(BUSINESS WIRE)--For families and college students, March means more than filling out that perfect bracket or chasing leprechauns; it’s Spring Break! And if traveling or shopping for a getaway is on the itinerary, consider a credit card that will make that trip even more rewarding. Offering up to 10 percent cash back with major Upromise travel partners, online retailers, and restaurants, the Upromise MasterCard—issued by Barclaycard—can be the ideal travel partner this Spring Break.
In fact, last year, Upromise MasterCard® cardmembers collectively earned $42 million in cash back for college. Since its inception, Upromise MasterCard cardmembers earned more than $484 million in total cash-back rewards.
“Spring Break is a time to rest, recharge and, for savvy students and families, a time to supercharge cash-back savings,” said Dave O’Connell, president, Upromise by Sallie Mae. “With up to 10 percent cash back and no limits or rotating cash-back categories, the Upromise MasterCard can be a great option for families, especially those looking to save for college.”
Here’s why the Upromise MasterCard should hit the beach with you this Spring Break:
Earn Up to 10 Percent Cash Back
Upromise MasterCard cardmembers can earn up to 10 percent cash back (up to five percent back through Upromise, plus an additional five percent from the Upromise MasterCard) by:
- Booking travel at major travel sites via Upromise.com.
- Shopping at more than 850 online retail partners at Upromise.com.
- Dining at more than 10,000 Upromise participating restaurants.
Cardmembers can also earn two percent cash back for in-store shopping at major department stores, and at movie theaters. All other purchases with the Upromise MasterCard are eligible for one percent cash back. For a complete list of Upromise partners, visit Upromise.com.
Real Rewards That Won’t Disappear
Unlike other credit cards, the Upromise MasterCard rewards are cash, not points, and there are no limits to how much cash back a cardmember may earn. In addition, there are no annual fees and no rotating cash-back categories, and cardmembers receive complimentary quarterly access to their FICO® Credit Score and $0 fraud liability on unauthorized transactions.
Build College Savings or Pay Down Student Loans
When families open a Upromise MasterCard account, they’re automatically enrolled in Upromise by Sallie Mae, and they can immediately start earning cash back. The cash back earned on everyday purchases can be invested in an eligible 529 college savings plan, used to help pay down an eligible student loan, transferred into an FDIC-insured Upromise GoalSaver account, or withdrawn by check.
Take Advantage of Bonus College Savings Month
Each week in March, a different Upromise by Sallie Mae retail partner will reward Upromise members shopping online with a bonus of up to 10 percent cash back, and up to 20 percent cash back for those who use their Upromise MasterCard at Upromise.com. Weekly featured partners include Macy’s, Sears, and Dell Small Business. Members can track participating retail partners at Upromise.com.
“From booking travel to online shopping, the Upromise MasterCard helps you save money and plan for the future without extra effort,” said Kirsten Osland, Director of Financial Institutions and Affinity Partnerships, Barclaycard US. “The great news is, the savings aren’t limited to Spring Break; Upromise MasterCard makes saving for college simple year round.”
To learn more about the Upromise MasterCard, visit Upromise.com/MoreCashBack.
Sallie Mae (NASDAQ: SLM) is the nation’s saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance, including private education loans, Upromise rewards, scholarship search, college financial planning tools, and online retail banking. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Headquartered in Wilmington, Del., Barclaycard is one of the fastest-growing top 10 credit card issuers in the nation. The company creates customized, co-branded credit card programs for some of the nation's most successful travel, entertainment, retail, affinity and financial institutions. For more information on Barclaycard please visit BarclaycardUS.com.