What are SmarterBucks rewards?

When you opt to receive your sellback payment in the form of SmarterBucks rewards, you are electing to receive your payment in the form of rewards that pay down your student loans. $10 in SmarterBucks rewards is equal to $10 in student loan payments. To receive your sellback payment in the form of SmarterBucks, you must:

  • Have an active SmarterBucks rewards account (to sign up for free, visit
  • Choose "SmarterBucks" as your payment method during the sellback process, and specify the email address associated with your SmarterBucks rewards account
  • Designate a student loan within your SmarterBucks rewards account

We will automatically credit your SmarterBucks rewards account with the payment. Please note that it may take up to 90 days for the rewards to post to your account from the time payment is issued.