I signed up for a really cool website about two weeks ago called Upromise.com. Their services are only available to those people who have student loans with Sallie Mae. I think I have been getting Upromises' solicitation emails for several years, but I always dismissed them as spam. Well, I finally took the time to look into it, and I am really glad that I did. I could have made hundreds of dollars already if I would have signed up several years ago. If you have Sallie Mae loans, look into it. If you don't, the rest of this post may only make you angry.
Upromise is a portal through which you can access nearly every single Internet shopping site available. There are literally thousands of websites linked to Upromise including online stores such as Amazon and Ebay, travel sites such as Travelocity as Expedia, department stores such as JC Penney and Macy's, retailers such as Target and Kohls, electronics stores such as Best Buy and Apple, etc. Literally thousands of online shopping sites.
Upromise also links directly to your student loan account at Sallie Mae. Every time that you shop on Upromise, between 2-8% of your purchase prices is deposited into your Upromise account. Then, once per month the money from that account is applied towards your student loan balance. Your Sallie Mae statements then show two payments every month, your payment and the Upromise payment.
The names of all of the stores are listed on the site. Next to each link is a number between 2% and 8%, so you know before you buy exactly how much of a refund you will get back. This is helpful because you can compare items between stores. Even if the same item is priced the same at Best Buy and at Circuit City, one of those stores might offer you 5% cash back, while the other one only gives you 2% through Upromise.
We just signed up a couple of weeks ago. Based upon the rate that we are going, and without buying anything extravagant, just making normal online purchases that we would make anyways, we will have close to $200-$300 bucks applied to student loans by the end of the year.
Look into it.