Save Money On All Purchases With The Upgrade Cash Rewards Card

The Upgrade Cash Rewards Credit Card is an attractive option to earn 1.5% cash back on ALL purchases plus a $200 bonus.

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If you’re looking for a credit card that rewards you for responsible financial management consider the Upgrade Cash Rewards Credit Card.

Earn 1.5% unlimited cash-back on all purchases that can be redeemed to pay down your account balance. Plus, there’s no annual fee, making it a great option for anyone looking to save money.

What is Upgrade

Upgrade is a fintech company that offers credit cards, loans, mobile banking and payment products to consumers since its inception in 2017.

What makes the Upgrade cash rewards card different

The Upgrade card functions more like an installment line than a credit card, take a look:

Installment repayments
Make a purchase or transfer money to a linked bank account, transactions are treated as an installment loan.
$200 Bonus
Open the Rewards Plus Checking account to earn a $200 bonus by making 3 debit card transactions.
Up to 10% Cash Back
Earn up to 10% cash back with Upgrade Shopping powered by Dosh at participating merchants.
Lower APR
Customers that set up automatic payments may qualify for the lowest APR.

Apply Now

What are cash back credit cards?

Cash-back credit cards are a popular choice for those who want to earn rewards that are easy to understand and use.

Cash-back credit cards offer a percentage of your purchases back to you as a reward. For instance, if your card has a 2.0% cash back rate and you spend $1000, you would receive $20 in cash back.

Unlike points or miles, cash back rewards can be used on eligible everyday purchases.

The best cash-back credit cards are typically reserved for people with good to excellent credit but there are some easy to get credit cards and even secured cards that offer minor rewards.

Earning Upgrade Rewards

The Upgrade Cash Rewards Visa earns a flat 1.5% cash back on purchases every time you make a payment. The cash back rewards are automatically applied to your balance following your next scheduled monthly payment.

Upgrade Credit Card Pros

No annual fee. There is no annual fee for this card, so you can enjoy the rewards without having to pay any extra fees.

Credit monitoring. Upgrade provides free access to your credit score, as well as alerts if any changes occur.

Mobile app. You can manage your account, track your spending, and redeem your rewards using the Upgrade mobile app.

What type of credit do you need. People with good to excellent credit may be in a better position to qualify but Upgrade also considers people with fair credit too (580 to 669).

Potential for a high credit limit. Credit lines from $500 to $25,000.

Is a Upgrade Checking Account Required. No. The card doesn’t require you to have a bank account with Upgrade banking. But if you open a Upgrade Rewards Plus Checking account you can earn a $200 welcome bonus by making 3 debit card transactions.

Upgrade Credit Card Cons

Less flexible repayment structure. Not a traditional credit card.

Mediocre rewards rate. Other credit cards with higher cash back rewards.

Few overall credit card benefits. The Upgrade card earns rewards on payments instead of purchases.

Upgrade Cash Rewards Benefits

Earn 1.5% unlimited cash back on card purchases every time you make a payment.
Combine the flexibility of a credit card with the predictability of a personal loan.
No annual fee.
Great for large purchases with predictable payments you can budget for.
$0 Fraud liability.
Visa Signature perks and benefits