Friday, April 13, 2007

US Bonds as Online Rewards!

There is another type of reward program that isn't compared on www.evreward.com and that is www.BondRewards.com. With BondRewards you get saving bonds instead of immediate cash. In our culture everything is "we have to have it" and "now"; just look at all the fast food places and their goals of having it to you within 2 minutes or less or picking up an item at the store that you ordered online, instead of waiting for something to be shipped to you (although it does save money! But you know what I am getting at)

Personally, I like the idea of seeing the money in my account and being able to transfer it into my checking or savings. However, with bonds you are "forced" to save the little money you earn off of purchases. Saving is something that the American culture has forgotten about. We (as a general culture) often spend more than we make and end up in so much debt. I believe with this little tool of BondRewards you can learn so much more and make a significant life choice in realizing the importance of saving what you earn. In October 2006 Becky Ford, who writes for the Chicago Tribune, posted her analysis of a multiple amount which can be found here at www.comparerewards.com. She says,

This year, the award goes to BondRewards, hands-down. They offer rewards for 109 merchants on my chart, and for 56 of these, they offer the highest rebate (or tie for the highest rebate). You could assume that if you shop through BondRewards, around half of the time you're getting the highest shopping rate offered anywhere. For 28 merchants they had the second-best rate. And further, as I mentioned in note #6 above, some rates provided by BondRewards may actually be higher depending on your order total. The only thing to keep in mind is, BondRewards only offers one type of redemption: U.S. Savings Bonds



The amounts of the US Savings Bond they offer are $50, $75 and $100. For example the $50 bond costs $25 to buy and is supposed to but not guaranteed to reach face value for 20 years. It could reach $50 sooner than 20 years depending on the interest rate fluctuation. There is a link below to sign up under. Check it out and be sure to let me know what you think!




Don't forget to sign up for free at http://www.agloco.com/r/BBBS4943 (refer to post A New-Internet Craze?...or Just Hype in January)

1 comment:

Andrew said...

Hi,

There is another site RewardsDB.com which compares the offers from many many more rewards programs including Bondrewards.