529 Plan Rewards

Here are some current questions and topics of interest on 529 credit cards from users of Yahoo Answers:

Good news if you are a patron of Sam’s Club and also use a 529 college savings reward MasterCard: Sam’s has announced it will start accepting MasterCard branded credit card payments. (Visa branded credit cards still will not be accepted.) Until now, Sam’s has only accepted credit Cards from Discover or its own in-house cards for food and general merchandise purchases. The store has accepted MasterCard and Visa for fuel purchases in the past.

This move fills a void for people whose strategy is to maximize college savings rewards by buying groceries and other daily items with their rewards card - then prompltly paying the bill in full each month. Until now, the choice was to either go elsewhere (and miss out on the consumer benefits offered through Sam’s) or lose out on 529 credit card rewards for purchases made at Sam’s.

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