kdm31091 wrote:JackLane wrote:Did I misunderstand that Sallie Mae Barclay (the 5% cashback on gas) card has been discontinued? Some new card is in place now. Please correct me if I am wrong.
The Sallie Mae with 5% groceries/gas is discontinued, dead, gone.
On Sallie Mae's (and Barclay's) website, the only card now available is the Upromise card, which is not new -- they used to both exist and now only the Upromise does. The Upromise is basically a card that earns you an extra 5% on anything on their shopping portal, which has a huge number of merchants. It earns 2% on in-store dept store and movie theater purchases but the main purpose is for the portal.
Yes, KDM is unfortunately correct. The Sallie Mae MasterCard is gone, although it does seem like people who had the card before it was discontinued are grandfathered in for the time being. The Upromise card, though, is actually not terrible, though it does require a lot of research (perhaps even more than with other cards) to see if it might be a good fit for you -- the online shopping portal for Upromise is considered to be good.