Frequent Miler on the Air Earn miles while saving and paying for college | Coffee Break Ep31 | 10-28-24
Oct 29, 2024
Explore innovative ways to earn miles while saving for college! Learn how to use rewards credit cards and gift cards effectively to fund educational expenses. Discover the best methods for purchasing college gift cards and leveraging them for tuition payments. Unravel strategies to maximize rewards with minimal fees, and find out how to stack cash back or miles for greater benefits. Delve into the advantages of utilizing a 529 savings plan for penalty-free access to funds, turning expenses into earning opportunities!
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Earn Miles via Gift of College Cards
- Use rewards credit cards to buy Gift of College gift cards which can then be moved to 529 college savings plans or used to pay student loans.
- This method helps you earn miles or cash back while saving for or paying college expenses you would incur anyway.
Best Places to Buy Gift Cards
- Buy $500 Gift of College cards at grocery stores in certain states with credit cards that offer high category bonuses to offset the activation fee.
- Consider gas stations in the Northeast like Cumberland Farms as another option to purchase these cards with bonus categories.
Online Gift Card Buying Tips
- Buy Gift of College cards online at giftcards.com with no activation fee currently and earn 2% back in giftcards.com rewards.
- Use shopping portals and targeted offers to further increase your rewards when buying online cards.