If you are a parent of a teenager and we asked you to come up with the two biggest expenses on your radar, we suspect you might list high gas prices and saving for your children’s college expenses. The powers that be at Upromise obviously picked up on this fact, as they are partnering with participating Exxon and Mobil stations to help you save money on both.
If you’re unfamiliar with it, Upromise is a college savings service that makes it easier to pay for college by compensating you for spending you do with Upromise partners. If you haven’t signed up with Upromise yet, click here to check it out and learn more. Assuming you have a Upromise account, your next step for saving on both education and gas is to request a Speedpass device. It’s FREE to sign up for one, and then you can return to the website after your Speedpass arrives in the mail. From there, activate your device before June 30, and you will automatically be signed up for the promotion.
Once you’re signed up, the savings begin. You simply wave the device (either at the pump or inside the store), and you’ll start saving 10 cents per gallon for 60 days. In addition, you’ll receive 1 cent per gallon cash back for college in your Upromise account when you buy at least 20 gallons in a calendar month. Those incremental savings may not look like much on paper, but they add up quickly if you go through much gas. In this way, you can save on two of the biggest expenses we all have to deal with. So, we encourage Upromise members to sign up for the Speedpass today.