Shop Around for Miles and Cash Back Too

With so many online portals offering miles or cash back if you shop through their website, it pays to look around for the best rewards out there.  So after you’ve done your research for the item you are going to buy and have found the perfect coupon code, you should look for bonus deals on online portals before hitting the purchase button.  You may need some patience to look through them but you will be duly rewarded for that, as the bonuses differ a lot from website to website and from store to store.  Here are four examples:

The Apple Store:

  • Discover’s ShopDiscover: 5% cash back
  • Bank of America’s Add It Up: 2% cash back
  • Upromise: 1% cash back
  • United’s Mileage Plus Mall: 3 miles per $2
  • American Airlines’ AAdvantage eShopping: 1 mile per $1
  • Delta’s SkyMiles Shopping: 1 mile per $1
  • Amtrak’s Points for Shopping: 2 points per $1

Expedia.com:

  • Upromise: 1% cash back
  • Bank of America’s Add It Up: 1% cash back

Macy’s:

  • Upromise: 6% cash back through August 7, usually 3%
  • Discover’s ShopDiscover: 5% cash back
  • Bank of America’s Add It Up: 4% cash back
  • American Airlines’ AAdvantage eShopping: 4 miles per $1 through September 6, usually 3 miles per $1
  • United’s Mileage Plus Mall: 7 miles per $2
  • Delta’s SkyMiles Shopping: 2 miles per $1
  • Amtrak’s Points for Shopping: 3 points per $1

Snapfish:

  • Bank of America’s Add It Up: 15% cash back
  • Discover’s ShopDiscover: 15% cash back
  • Upromise: 9% cash back
  • American Airlines’ AAdvantage eShopping: 6 mile per $1
  • Delta’s SkyMiles Shopping: 6 miles per $1
  • United’s Mileage Plus Mall: 9 miles per $2
  • Amtrak’s Points for Shopping: 5 points per $1

As you can see from the list above, bonuses vary significantly, and some stores even have limited time deals.  So if you have the time, don’t just stick to one portal.  In deciding through which one to shop , consider the size of the bonus as well as in which program you already have some miles or are close to reaching some sort of cash back threshold for redemption.  Either way, you will be turning your good deal purchase into an even better deal.

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Paying for Education, One Purchase at a Time

If you have student loans to repay to Sallie Mae or are trying to save for education through a 529 Plan, you may want to use Upromise to help you out.  Upromise is a service that gives you cash for certain purchases from grocery stores, restaurants, online retail sites etc., which can then be transferred to your student loan account or 529 Plan – essentially a cash back program under which the cash is redeemed for education expenses.

To be honest, the cash back rates for Upromise are generally lower than most other programs such as ShopDiscover.  However, Upromise covers a much larger number of merchants and combines different programs to generate even more potential rewards.  Discover’s 5% cash back at Target.com and the Apple Store, for example, beats Upromise’s 2% and 1% rates at these online sites, respectively.  Upromise, however, offers 2% cash back on eBay and 1% on several travel sites, such as Orbitz and Travelocity, while Discover has not partnered with those sites as of yet.  Furthermore, Upromise also gives up to 8% cash back on restaurants that belong to the Rewards Network (for a full list visit rewardsnetwork.com) and on in-store purchases at a few places such as Bed Bath & Beyond (1%) and the Sunglass Hut (6%).

Upromise also allows you to add your grocery cards to your account, so that you get cash back on Upromise for certain items on top of your grocery stores’ discounts and/or points.  Participating stores include Safeway, Harris Teeter, and CVS.

Now the best feature of Upromise I think is that it allows you to add friends and family to your network.  That is, if they create a Upromise account and add you as a beneficiary, they can use the cash back program to help you pay for your education.  Alternatively, for online shopping, you can simply send them a “guest shopping” link, so that they do not even have to sign up for Upromisem but you can still earn cash on the program whenever anyone shops through that link.  So if your mom usually does the groceries and uses store cards, you may want to have her sign up for Upromise and help you pay off your loans; and if your grandparents are coming to visit, you might to want to send them your Upromise “guest shopping” link so that their trip can help you get some money into your 529 Plan.