Get a Free $50 for Opening a 529 Educational Plan |
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Every now and again Ohio's 529 Plan, CollegeAdvantage, offers a nice bonus program to bring in new customers. If you have kids opening a 529 plan is smart money management. If you are like me and only have nieces and nephews it is a great gift to give. Getting started with them may be difficult, so I'd recommend my guide to choosing a 529 plan. That analysis lead me to go with Ohio's plan - even though they didn't have offer the bonus program. So they'll start you with $25 if you follow these directions below. (You guys get all the luck!)
- Go to Ohio's CollegeAdvantage and open an account before December 15th. Note: They allow themselves the ability to end the program at any time, so I would act NOW.
- When asked for a referral code use 2481398 to receive the bonus
- Deposit $25 or more to qualify for the bonus
- You should receive your bonus in in 7-10 business days
Since I already accounts in my niece and nephews name, I signed up last time and just made myself the beneficiary. I was too Lazy to sign up get my wife to sign up. This is a good time to take right that wrong.
I love when a great product offers a great deal. That's quite a rare find. However, it gets even better! If you set a recurring monthly electronic transfer before January 31st, they'll give you another $25 bonus - $50 in total free money. You just have to make sure that you transfer $25 a month, have a minimum of 3 transfers in a 90 day period, and still have the transfer active after the 90 days. So the way I read it, you could spend $75 to get $25 free. That's a nice 33% return on your investment.
This post deals with:529 plan, collegeadvantage, Free Money
... and focuses on:College, Investing
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Tipd3 Responses to “Get a Free $50 for Opening a 529 Educational Plan”
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Gotta love those quick and easy returns! Pretty nice return for not having to do much.
Are there any fees/rules for beneficiary transfer?
I’m sure there are some rules, but I don’t believe there are any fees. I’m fairly sure it’s just a matter of filing paperwork.