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Getting a new credit card for college savings...

March 5th, 2009 at 06:20 pm

I have decided to get a new rewards credit card. We currently have an Amazon card, and yes, all the free DVDs and stuff we get off of the site is great. But, change of plans. We have applied for the new Schwab rewards card, because it puts 2 percent of whatever your spending total is for the month in an investment account. No minimum purchase amount, not limits. We carry no debt and want to save more for Beaner's college, so we are going to use the rewards to supplement our additional college savings.
I figure we may as well get a reward that has a longer-term value than what we are getting from Amazon.

1 Responses to “Getting a new credit card for college savings...”

  1. creditcardfree Says:

    Sounds like a great switch!

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