The Education Plan College Savings Program
The Education Plan savings club uses Vesdia Corporation’s Babymint savings engine and retailer network under a different name. However, there are two important differences between this plan and Babymint, neither of which is an advantage: 1) you are required to have The Education Plan Advantage credit card in order to participate in the savings club and, 2) unlike Babymint, you can only direct rebates to 529 plans offered through The Education Plan.
| Membership Fee: None | Affiliated Credit Card Available?: Yes |
| In-store Merchant Network?: Limited | Affiliated Credit Card Required?: Yes |
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On-line Merchant Network?: Extensive - About 300 Merchants |
Register Other Credit Cards?: No |
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Required to Shop Through Website for On-line Rebates?: Yes |
Register Loyalty Cards?: No |
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Frequency of Transfers to 529 Account: Monthly - ($25.00 Minimum) |
Cash Withdrawals Allowed?: No |
| Can Others Direct Contributions?: Yes |
529 Plan Options: Limited to Plans Offered Through TEP |
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Other Services Available: Exchange Airline Miles for 529 Rewards, Rebate Match for Private College Tuition Credit Through Sage Scholars, Discounted Gift Certificates and Coupons. |
Rebate Reporting: Yes |
Summary:Why join this program when you get the same benefits through Babymint without the limitations?
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