Upromise credit card is a specific credit cards reward program. Citi credit card holders can take advantage of Upromise rewards with a Upromise credit card. You will need to qualify for the Upromise credit card just as you need to qualify for any other card. This means that you will need to undergo a credit check and provide information to Citibank about your current income. Once approved, you may begin spending and racking-up rewards points.
Saving for college
Upromise credit cards are very unique in the way that their rewards program is structured. Just like with most cards, you get rewards points for spending dollars. However, the big difference and what makes the Upromise card special is that the rewards points can be used in order to finance a college education.
Targeting parents Upromise is a card that targets itself at parents, who want to get a special jump start on saving for education or paying off student loans just through the regular everyday spending that they do. Upromise is also a good card for students who are paying their own way, or who want to pay off student loans. Redeeming reward points for a student Upromise allows you to redeem rewards points for a specific student that you name when you enter the program. Upromise also allows you to set-up new students and new methods of redeeming rewards points. You may redeem the rewards points by paying the money on a qualifying student loan, such as to Sallie Mae or to the Department of Education, by providing information about your loan account. Redeeming rewards for a check In some cases, it is also possible to redeem the rewards for a check or other non-loan or non-educational reason, but the main purpose of this card is to help with the payment of educational costs.
Upromise, in addition to offering you rewards points for money spent, also offers you bonus points back when you do certain things. This may include buying certain brands of products of Upromise contributors or sponsors or members of the Upromise network. Eating out at certain restaurants can also help you to earn Upromise bonus points towards your reward.