Available nationwide, Upgrade is offering a $400 welcome bonus when you open a new Rewards Checking account with the OneCard.
To qualify for the bonus,
- Open the Upgrade OneCard with Rewards Checking Account.
- Within 60 days, make 3 debit card transactions.
- The bonus credit will be posted to your Upgrade Card as a rewards credit within 1-2 billing periods following the third debit transaction.
For Upgrade’s $400 welcome bonus, you will need their Upgrade OneCard and tack on a new Rewards checking account. The OneCard is a blend of a credit card/ line of credit which does come with a hard pull for opening a line of credit. However, it’s rare to find a high cash offer this high with no direct deposit requirement.
Upgrade $400 Rewards Checking Bonus
- What you’ll get: $400 bonus
- Account Type: Rewards Checking
- Availability: Nationwide, Online
- Direct Deposit Requirement: No
- Credit Inquiry: Hard Pull due to OneCard sign-up
- ChexSystems: Unknown
- Credit Card Funding: Up to $500 with a debit card
- Monthly Fee: None
- Early Account Termination Fee: Upgrade OneCard must be in good standing to receive or redeem a bonus.
- Household Limit: None
(No expiration date)
Upgrade Rewards Checking Benefits
- Get 3% cash back on everyday purchases, 2% on everything else
- You control how you pay for your purchases: Pay Now with no interest, or Pay Later
- Extra Spending Power when you have Rewards Checking through Upgrade
- No fees
- To qualify for the $400 welcome bonus, you must open a new Rewards Checking account through Upgrade and make 3 qualifying purchases on your Upgrade OneCard and/or Rewards Checking debit card within 60 days of your Upgrade OneCard account opening.
- Non-purchase transactions, such as sending funds electronically to your bank account, do not qualify.
- The bonus will be applied as a one-time credit to your account and will not otherwise reduce the amount of your regular monthly payments.
- Bonuses associated with the Upgrade OneCard, when applicable, are provided by Upgrade, Inc.
- Bonuses are a gratuity from Upgrade and are not your property until redeemed.
- The bonus credit will be posted to your Upgrade OneCard as a statement credit within 1–2 billing periods following the third card transaction.
- Your Upgrade OneCard must be in good standing to receive or redeem a bonus.
The Rewards Checking does not charge a monthly fee and gives 3% cashback on “common everyday expenses” such as convenience stores, drugstores, gas stations, restaurants and bars. You’ll earn unlimited 2% on everything else.
Simply the no direct deposit requirement alone is enough to consider this bonus. I’ll be adding this offer to our list of best bank bonuses without direct deposit.