Wednesday, September 10, 2014

Thrifty Thinking: LEAF Gift Cards

In celebration of College Savings Month, LEAF College Savings is introducing a new education gift card. Here's the skinny: LEAF gift cards can be purchased on LEAF's website in amounts from $25 to $1,000. Recipients can redeem their cards on the LEAF site and transfer the full face value to any 529 college savings plan in the US.

Gift card themes are available for a number of occasions or you can upload your own picture. You can send a card by email, Facebook post, physical card (which LEAF sends to you or the recipient), or you can print the card at your desk. LEAF adds a small activation fee to the purchase price - there is no charge to redeem a card. If a card is not redeemed within 90 days, LEAF refunds the face value to the purchaser.

“In responses to both our national surveys and special preview events, participants said again and again that - beyond how easy it was to use - the most important feature was the assurance that their gift was actually going to a child’s college savings plan and not spent on something else,” added co-founder Josh Bixler.

The LEAF College Savings team’s singular goal is to empower the over 70 million children in the U.S. with the opportunity to attain a college education and participate in the “American Dream.”
Even a small gift can really make a difference. Many college savings 529 plans now can be opened with as little as $25.00. So, even for a parent who hasn’t yet opened a plan, a small gift can get them headed in the right direction. LEAF will regularly send them emails encouraging them to open a plan and provide links to industry resources.

The gift cards are issued by CBW Bank, Member FDIC.


ABOUT LEAF COLLEGE SAVINGS
LEAF College Savings gift cards make it easy, social, and secure for friends and family, and even organizations, to contribute to 529 college savings plans. They also use their platform to help companies offer a college savings payroll deduction and optional match for their employees regardless of which plan the employee has enrolled in.

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