Ohio 529 College Advantage $25 Sign Up Bonus
Posted by
on February 20, 2009
It’s back! The extremely popular $25 sign up bonuses for the Ohio 529 College Advantage plan have returned.
When they ran the program last fall, it was one of the most popular Free Money Friday offers. For those of you that missed out, here’s your chance!
The Ohio plan is one of my favorites. We have nine accounts with them (but I’m sure I’ll open some more with the new promotion!) Here’s why:
Once you sign up, you can earn even more by referring your family members. If you open an account for one child, you can refer yourself to open a second account for another child to earn an extra $25 in each account. ($25 referral + 2 x $25 sign up bonus = $75).
In addition, you can have multiple accounts for the same children, using different owners. Scott and I each have an account for ourselves, each other, and each of the kids (8 total in our family alone).
If you don’t have plans for college, you can withdraw your deposit and referral bonus five business days after it is deposited. (Just remember, earnings are subject to income tax when withdrawn, plus 10% additional federal tax.)
I get 20 referral bonuses, so I’ll monitor them closely. If you subscribe by email or feed, be sure to check back at Ohio 529 College Advantage $25 Sign Up Bonus, as I’ll update the code once it looks like I’m getting close to 20.
Thanks for the head’s up, Madison! I just opened an account for myself. I will refer my wife once my account is fully established. 🙂
With the little one on the way, now is a good time for us to start planning for his/her education expenses. 🙂
This is great, Madison. I just signed up and would also like to get 20 referrals! How do i get a referral code? I’d rather not enter each person’s info on the site.
@ Jared: You can send a referral to yourself by email. The code will be included in the email. Then, just give your friends and family the referral code.
Does anyone know if this is still valid? I don’t see where on the enrollment page you can enter referral code.
@ Brian: Yes, it’s still valid. You can enter the referral code at the end of the application.