$50 gift card bonus for opening a 529 plan with ScholarShare529


Update 5/19/26: The deal is back to Edvest – Open an Edvest 529 account between May 18 and June 5 and get a $50 bonus with code Summer26.

Update 12/7/25: Scholarshare529.com $50 Bonus Instacart Gift Card at this connection. Valid 12/3-12/12. (ht Grant) Oklahoma 529 has a similar bonus – $50 deposited after $25 monthly deposit recurring for 6 months. Valid only for beneficiaries born in 2025, expires 12-31-25. (ht crackling)

Update 11/25/24: The deal is back to Edvest for $100 this time, from 11/25/24 – 12/13/24. (ht seduce)

Update 5/22/24: The deal is back for the next few weeks (ht Vanson). All offer $50 as a base bonus with some plans offering a $100 bonus option:

Update 5/22/23: The deal is back starting today through 5/31/23 (ht Vanson and Superman):

Update 5/24/21: May 24th – May 31st deal available again. Get a $50 bonus when you open a new 529 Plan account with a $50 contribution (and sign up for recurring contributions of $25 per month for 6 months) between May 24 and May 31, 2021. Your $50 bonus on or before January 1, 2 will be deposited $30.

Hat tip to the reader Superman

Update 12/2/20: The offer is offered againvalid 12/9-12/13. This is a Target gift card. Hat tip to reader GE

Update 5/26/20: The deal is back for many states. Valid 5/26 – 5/31 (note: dates may vary by offer). Hats off to him reader Burton

Update 5/26/19: The deal is back again for Scholarshare. Valid from May 28 to May 31. Hat tip to the reader Yosk

Update on 11/30/18: Looks like the deal will be back for December 5th – December 12th. So far we have only been able to find one working link for ScholarShare. Hat tip to the reader Superman.

Update: Added Ideal and Prepaid FL offers.

Offers

ScholarShare link | Virginia529 link | Ideal connection in Idaho | Florida Prepaid Connections | MN saves

In honor of “5/29,” various 529 plans are offering a special bonus to those who open a new 529 plan:

  • Open a 529 plan with ScholarShare with $50 and get a $50 match
  • Open a 529 plan with Virginia529 with $50 and get a $50 match
  • Open a 529 plan with Ideal Idaho with $25 and get a $25 match
  • Open a 529 plan with Florida Prepaid with $25 and get a $25 match

Fine Press

  • These offers are available nationwide
  • ScholarShare runs through June 1st and Virginia529 runs through May 31st

Our verdict

Since these two offer a similar bonus, there may be similar bonuses elsewhere. I am not familiar with the aspects of college plans and their tax impact – please do your research before deciding whether to open one and which plan to choose. (People who get a state tax deduction for contributing to their plan in their home state must do so first.)

Regardless, it can be a nice bonus for someone saving for college who was planning on opening a 529 plan anyway.

Tip to readers Misha and Jeffery who notes that you can open multiple accounts by having different beneficiary and account owner combinations



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