Upromise® Mastercard

Welcome Bonus

$100 Bonus Cash Back

Earn $100 bonus cash back rewards after spending $500 on purchases in the first 90 days.

Annual Fee


Annual Rewards

Earn 1.529% Cash Back Rewards

on your purchases when your Upromise Program account is linked to an eligible College Savings Plan. A current list of eligible College Savings Plans can be found at Upromise.com/CollegeSavingsPlans

Rewards on Approval


Interest rates

Purchase Rates


Cash Advance Rates


Balance Transfer Rates


Table of Contents

Upromise® Mastercard

The Upromise® Mastercard, issued by Barclays, is a unique credit card designed to help users save for college education expenses. With a focus on rewarding everyday spending, this card's cashback program allows users to direct earnings into a dedicated Upromise® GoalSaver account, providing a practical means to fund future educational costs.


  1. College Savings Focus: The card's unique feature of directing cashback rewards towards a college savings account makes it an ideal choice for those planning for future education expenses.
  2. No Annual Fee: The absence of an annual fee is a significant advantage, allowing cardholders to earn rewards without incurring additional costs.
  3. Flexible Redemption Options: The ability to choose how to redeem cashback rewards adds versatility to the card, catering to various financial needs.
  4. Introductory Offers: The card often comes with enticing introductory offers, providing extra value to new cardholders.


  1. Variable APR: The APR is subject to creditworthiness, and while there may be promotional periods, it's crucial to be aware of the ongoing interest rates.
  2. Niche Focus: While the college savings feature is unique, it may not appeal to those who are not actively saving for educational expenses.
  3. Limited Bonus Categories: The emphasis on dining and online shopping for bonus rewards might not be as appealing for individuals who spend more in other categories.

Details & Eligibility

  • N/A
  • N/A
  • N/A
  • $0
  • N/A
  • Mastercard
  • No
  • 20.24%
  • 29.99%
  • 21.99%
  • N/A
  • N/A
  • N/A
The Upromise® Mastercard is a credit card that stands out for its unique approach to rewarding cardholders. Owned and issued by Barclays, this card is designed to help users save for college education expenses through its innovative rewards program. The card is particularly attractive to individuals looking to contribute to a college fund while making everyday purchases. Rewards Program: One of the standout features of the Upromise® Mastercard is its cashback rewards program. Cardholders earn cash back on every eligible purchase, with extra emphasis on dining and online shopping. What sets this card apart is the ability to direct these cashback earnings into a Upromise® GoalSaver account, a designated savings account geared towards funding education expenses. College Savings Potential: The Upromise® Mastercard provides a unique opportunity for cardholders to save for future education costs. A percentage of the cashback earned on purchases is automatically transferred to the Upromise® GoalSaver account, helping users build a fund that can be utilized for educational expenses such as tuition, books, and other related costs. Flexible Redemption Options: While the primary focus of the Upromise® Mastercard is on college savings, it also offers flexibility in how rewards can be redeemed. Cardholders can choose to receive their cashback as a statement credit, direct deposit into a bank account, or as a check. This flexibility makes it appealing for individuals who may have varying financial needs. Introductory Offers: The Upromise® Mastercard often provides introductory offers for new cardholders, such as an initial cashback bonus or a promotional 0% APR period for balance transfers. These offers can add extra value for those looking to maximize their benefits during the first few months of card ownership. Annual Fee and APR: One notable advantage of the Upromise® Mastercard is its lack of an annual fee. This makes it an attractive option for users who want to accumulate rewards without incurring additional costs. However, it’s important to note that the APR (Annual Percentage Rate) can vary based on creditworthiness, and it’s crucial for cardholders to understand these terms before applying. In conclusion, the Upromise® Mastercard is a distinctive credit card that caters to individuals with a specific goal of saving for educational expenses. Its rewards program, lack of an annual fee, and flexibility in redemption options make it a compelling choice for those looking to align their everyday spending with long-term education savings.
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