529 Credit Card Q&A From Yahoo
Filed Under 529 Rewards Programs · Tagged:
Here are some current questions and topics of interest on 529 credit cards from users of Yahoo Answers:
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Reasons to Earn 529 Rewards
1. Pay your card balance in full each month and rewards are free2. Combine with savings programs to earn greater rewards
3. 529 plans earnings are tax free if used for education
4. Develop network (grandparents, etc) to generate even greater rewards
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Things to Consider
Quick Tip 14: For most, a credit card purchase ends up costing 112% more than if the purchase was made with cash. For a savvy user (i.e. pays the balance in full) though, a credit card purchase will always cost less than if cash were used because of earned rewards and grace periods. Additionally, credit card purchases have the protections of the Fair Credit Billing Act.
Courtesy Iraqi Dinar -
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