WhyNot?

Credit Card rebate sent to 529

Category: Credit Cards
Responses: 2 (2 in support, 0 neutral, 0 in opposition)
Number of views: 950
Tracking: Track this idea
Community Rating:Average AverageYour Rating:

Many credit cards offer 1-2% back for purchases, often in the form of restrictive airline miles. Discover sents money while others sent gift cards to specific stores like Toys R Us.

Since I never miss the 2% and I often scramble to find ways to use the rebate, I would rather it go to a 529 planfor my children's college fund.

jjrael, Jan 04 2004

What do you think of this idea or comment?
(You can change your vote at any time)

agree I agree no opinion No opinion disagree I disagree

Users who liked this idea also liked:

Airport charity (154 votes) Very strong
Automatic off for turn signals (40 votes) Very strong
Yellow blinkers (16 votes) Very strong
Overweight planes (19 votes) Very strong
RFID chips in luggage (13 votes) Very strong
Speed Limit On Dash (14 votes) Very strong
Toothbrush Cleaner (9 votes) Strong
Quickcool (11 votes) Strong
bottle deposit (10 votes) Strong
Airplane tires (13 votes) Strong

Other ideas in category (Credit Cards):

No bills on Sunday (2 votes) Average
Japanese Credit Card (6 votes) Average
Half Size Credit Cards (7 votes) Strong
Interest rates (0 votes) Very weak
Credit Card rebate sent to 529 (2 votes) Average
Credit Card with LCD Display (4 votes) Average
Simple credit card security (16 votes) Very strong
Cellphone as payment device (6 votes) Average
Goverment credit card's (5 votes) Average
Slide-n-Go (2 votes) Average
credit card madness (3 votes) Weak
Voluntary release of info (0 votes) Very weak
updating card numbers (2 votes) Average
Comments from other members:

Add your comment

There are already quite a few 529 cards out there. Fidelity has one that is semi popular and MBNA probably also has one. Search the finance forum at www.fatwallet.com and you can find some.

f00bs, Aug 12 2004
flag as spam

There is a great new program called Futuretrust. Futuretrust is a MasterCard linked college savings program that allows you to earn college savings on every purchase, plus there are over 250 retail partners such as linens N Things, Baby Depot and Eddie Bauer to name a few. Best of all I can link Futuretrust to any 529 plan and there are no limits to the college savings rebates I earn. I recommend that everyone go visit www.futuretrust.com

atb804, Sep 28 2004
flag as spam

GM Master card gives 5% off new or lease vehicle, looks like they saw you coming!

CSM, Jul 01 2007
flag as spam

Copyright © Barry Nalebuff & Ian Ayres