Step Up College Savings This Holiday Season by Shopping Through Upromise by Sallie Mae

Shopping For the Holidays with Upromise Can Mean Up to 5 Percent Cash Back

“10 Percent Tuesdays” Offer Additional Cash Back Opportunities at Major Online Retailers, Including Kohls.com, Macys.com, and Under Armour

Category:

Wednesday, November 25, 2015 1:33 pm EST

Dateline:

NEWARK, Del.

Public Company Information:

NASDAQ:
SLM

Save for college while you shop and score great cash back deals at 850+ retailers with @Upromise.

NEWARK, Del.--(BUSINESS WIRE)--Upromise by Sallie Mae is offering opportunities to earn even more cash back for college this holiday season, and the savings don’t end on Black Friday or Cyber Monday. Upromise members can earn up to 5 percent cash back by shopping at more than 850 online retail partners, or earn cash back while taking a break from the holiday rush by dining at one of Upromise’s more than 10,000 partner restaurants. Also, if holiday travel is on your agenda, booking a trip through a Upromise travel partner like Orbitz or Travelocity can also mean money back in your pocket.

In addition, every Tuesday through Dec. 23, Upromise will offer additional ways to earn even more cash back. Upromise members can earn as much as 10 percent cash back at many major retailers, including: Kohls.com, Macys.com, Under Armour, and more. Upromise MasterCard holders will earn an additional 5 percent back. Last holiday season Upromise members earned a collective $14 million in cash back.

“During the holidays, it’s easy to put financial goals like saving for college on the back burner but the good news is, through Upromise, you can continue to save while you shop,” said David O’Connell, president, Upromise by Sallie Mae. “By shopping through Upromise, families can contribute to college savings accounts, and enjoy increased cash back, as they purchase their holiday gifts, maximizing everyone’s holiday spending without added stress.”

Grandparents, friends, and other family members can also link their shopping to an eligible Upromise account to contribute money for a child or grandchild’s college savings fund. In fact, Upromise members with friends and family who contribute to their accounts earn three times more, on average.

Free and easy to join, Upromise by Sallie Mae allows families to earn cash back for college from everyday purchases by shopping online with partners such as Barnes & Noble, Macy’s, and Petco. Through Upromise, shoppers earn real cash rewards that may 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.

To date, Upromise members have collectively earned more than $900 million for education. Become a member today at Upromise.com.

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.

Contact:

Sallie Mae
Abigail Brooks, 302-451-0230
Abigail.brooks@salliemae.com