Unlock the Secret Hack: Pay Your College Tuition with a Credit Card Without Breaking the Bank
For example, let’s say you were interested in the Chase Sapphire Preferred® Card (see rates and fees) and its current welcome offer. New cardholders can earn 75,000 bonus points after spending $5,000 on purchases in the first three months of account opening. You may wonder if you should pay with your new Sapphire Preferred to lock in the welcome bonus and thousands of points on top of that.
If the tuition payment in question is $20,000 and your college charges a 2.6% fee, this would tack on an additional $520 in fees. However, in doing so, you’d earn the 75,000-point offer plus 20,520 points for the purchase itself (at the standard earning rate of 1 point per dollar spent). These 95,520 points are worth around $1,958 according to TPG’s July 2025 valuations — more than three times the $520 fee the college charges.
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