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Retirement Rebate Nesteggzrewards program

Retirement Rebate Nesteggzrewards program

Old Apr 15, 03, 8:30 am
  #1  
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Join Date: Jul 2000
Location: Southwestern Va
Posts: 903
Retirement Rebate Nesteggzrewards program

Has anyone heard of this program? Sounds similar to UPromise, expect for retirement accounts. I came across it in the lastest Money magazine.
"A card that adds 1% to your retirement funds. In April, Vesdia, which owns the 529 rebate program BabyMint, rolled out the NestEggz Reward MBNA Mastercard--a rebate card that distributes money into mutual funds, IRAs and savings accounts. Vesdia expects average members to save $40 a month. That's based on typical monthly bills & how often members patronize its 700 participating retailers. Stay at a Marriott's Residence Inn, and you will get an 8% rebate on your total charge (on top of NestEggz 1%). Eddie Bauer stores give an add'l 4%. The NestEggz MasterCard has no annual fee and an 8.9% annual rate (go to www.nesteggzrewards.com for details).

The Nesteggz website says under new management and claim to have made some exciting changes. Did any of you participate in the "old" program?
There are referral bonuses. Would like others opinions before I join.
anz5708 is offline  
Old Apr 15, 03, 5:00 pm
  #2  
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Join Date: Sep 2002
Location: District of Columbia
Programs: AA Plat, Marriott, Hilton Diamond, National
Posts: 1,499
I used to use the Nesteggz program under the "old management" as a coupon refund program and always had good luck with it. I always received checks in a timely manner. I'm going to try this new program out too!!
chrisny2 is offline  
Old Apr 15, 03, 9:30 pm
  #3  
 
Join Date: Oct 2001
Location: McLean, VA, USA
Posts: 252
A word of caution, if you are planning to apply for their credit card: The company had failed ,or come close to it. Do you want such a company to be in possession of your financial data? Not me.
Faye is offline  
Old Apr 15, 03, 10:27 pm
  #4  
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Join Date: Sep 2002
Location: District of Columbia
Programs: AA Plat, Marriott, Hilton Diamond, National
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Faye:
A word of caution, if you are planning to apply for their credit card: The company had failed ,or come close to it. Do you want such a company to be in possession of your financial data? Not me.</font>
I wouldn't be too concerned about that: The credit card is issued by MBNA, a huge credit card issuer which (i don't think) is very close to bankruptcy...
chrisny2 is offline  

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