Open a California 529 with $100, get a $50 Amazon Gift Certificate.

This deal has been going on for a while, but I finally decided to jump on it. While I don’t even have kids yet, I plan to someday. At the California 529 Scholarshare website, you just have to open with $100 with no future contributions necessary. I already have another 529 already open, and it looks like later I can consolidate the two. For now, a free $50 Amazon credit sounds great. To learn more about 529s in general, SavingforCollege.com is a good resource.

You don’t have to be a CA resident - I’m not. Note that you can’t put yourself as a beneficiary, but you can put down anyone else - spouses, siblings, even parents!. You will need their Social Security number and birthdate. You can also take the money out later, with a 10% penalty on earnings (the $100 is still yours!). See Terms & Conditions at the website for more details.

Find more in Deals & Offers | 12/16/04, 1:54pm | Trackback