Step 1 Open an Invest529 account. If you already have an account, skip to step 2. Select "Open an Account" from the menu at Invest529.com. The "Getting Started" page will walk you through the process of opening your account, entering your information and selecting your portfolio mix. Step 2 Set up or login to a profile at GiftofCollege.com. Step 3 Link your Invest529 account to your Gift of College profile. Step 4 Redeem your gift card by visiting your Gift of College profile page and entering the card information. Please note processing may take up to 14 days.