Upromise Reaches Milestone
Citi Cards recently announced the attainment of a significant milestone:
Citi Cards is pleased to announce that its college savings contributions to Upromise members have achieved a major milestone: Upromise members using the Citi Upromise MasterCard have received $100MM in college savings contributions in under five years. Upromise is a service that allows families to save a percentage of their everyday spending as college savings with more than 450 participating companies.
$100MM equals $100,000,000 (”one hundred million”) in case you wondered. Assuming annual public university tuition of $8,000, the Upromise milestone equates to about 12,500 student-years worth of public university tuition.
Congratulations to Citi Cards and Upromise on their success and for coming up with a great college savings concept…just be sure to use the program wisely.
The complete press release can be found here.
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