Available nationwide, find the latest Upgrade promotions & offers here.
Upgrade helps you make smart financial decisions to help you reach your goals. Like buying a new bike. Fixing the roof. Or finally paying off that fancy fridge. All without getting trapped by endless revolving credit card debt, or sidetracked by sneaky banking fees.
That’s because they believe credit should be affordable and responsible. So they designed all their credit, mobile banking and payment products to do three things:
- Give you responsible options.
- Keep you on track.
- And reward you along the way.
The way it should be.
Upgrade OneCard with Rewards Checking $200 Welcome Bonus
The Upgrade OneCard with Rewards Checking1 offers a $200 welcome bonus when you start using a new Rewards Checking account and make 3 purchases2
- Get 3% cash back for everyday purchases, 2% for all other purchases3
- You control how you pay for your purchases: Pay Now with no interest, or Pay Later4
- Extra Spending Power when you have Rewards Checking through Upgrade5
- No annual fee
|You can compare this to several great entry level Checking accounts with offers include the BMO Smart Money Checking ($400 bonus), Bank of America ($200 bonus offer), U.S. Bank Smartly® Checking ($800 bonus), Chase Total Checking® ($200 bonus), SoFi Checking and Savings ($275 bonus), Fifth Third Bank Momentum® Checking ($200 bonus), KeyBank Checking ($200 bonus).|
1You are not required to open a Rewards Checking account through Upgrade to get OneCard. You may choose during the application process whether you wish to open a Rewards Checking account; that choice has no bearing on your likelihood of approval. If you are approved for OneCard, when you activate your card, you may choose to link the Pay Now feature to a deposit account from your bank of choice. If you link the Pay Now feature to an external deposit account, your cash back rewards will be lower—1.5% across all purchases, earned after you make repayments—and you will not be eligible for Extra Spending Power.
2To qualify for the welcome bonus, you must open and fund a new Rewards Checking account and make 3 qualifying purchases on your Upgrade OneCard and/or Rewards Checking debit card from your Rewards Checking account within 60 days of the date the Upgrade OneCard account is opened. Non-purchase transactions, such as sending funds electronically to your bank account or balance transfers, do not qualify. Your Upgrade OneCard and Rewards Checking account must be open and in good standing to receive a bonus. If you have previously opened a Rewards Checking account or do not open one as part of this application process, you are not eligible for this welcome bonus offer. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking account as a one-time payout credit within 60 days after the 3rd qualifying card purchase and will not otherwise reduce the amount of your regular monthly payments.
3Cash back rewards are earned after you pay eligible purchases back. To earn 3% or 2% cash back on your Upgrade OneCard, you must open a Rewards Checking account through Upgrade and either (i) activate the Pay Now feature on your OneCard and keep that feature linked to your Rewards Checking account or (ii) maintain each month a qualifying active Rewards Checking account as described here. If you meet these conditions, you will earn 3% cash back for common everyday OneCard purchases at convenience stores, drugstores, restaurants and bars—including deliveries—and gas stations, as well as recurring payments on utilities and monthly subscriptions including phone, cable, TV and other streaming services; you will earn 2% cash back for all other OneCard purchases. 3% cash back is limited to $500 in rewards per calendar year; after $500, you will earn 2% cash back. If you do not meet the above conditions, you will earn 1.5% cash back for all purchases. Rewards associated with the Upgrade OneCard, when applicable, are provided by Upgrade, Inc. Rewards are a gratuity and not your property until redeemed. Your cash back will typically be redeemed and applied to your OneCard balance after your next scheduled monthly payment. Cash back rewards will be applied to your balance but will not otherwise reduce the amount of your regular monthly payments. Eligibility for 3% “everyday” cash back is determined by the merchant category code (MCC), which merchants choose based on the kinds of products and services they primarily sell. For more information on the merchant codes for “everyday” cash back, please click here. Some limitations apply. Please refer to your Cardholder Agreement for more information.
4Pay Now is a feature of OneCard that allows you to designate specific purchases to be automatically paid off the day after purchases settle. When you authorize us to activate Pay Now, we’ll ask you to tell us your preferences as to which purchases you want to be designated as Pay Now and which as Pay Later. Each purchase will be processed as a credit transaction, but while you will not be charged interest on any purchases that you pay off using Pay Now, purchases designated as Pay Later will accrue interest at the fixed APR shown on your Truth-in-Lending disclosure. Every time you make a OneCard purchase, we’ll designate the purchase as Pay Now or Pay Later based on the preferences you gave us. Even after you make a purchase, you may change the designation of that purchase from Pay Now to Pay Later, or vice versa, up until 12pm Pacific Time the day after your purchase settles. Every day at 12pm Pacific Time, we will initiate one-time debits to your bank account to pay off the prior day’s settled purchases that were designated as Pay Now. You may cancel a Pay Now payment up until 12pm Pacific Time by simply changing that day’s Pay Now purchases to Pay Later through your Upgrade dashboard or mobile app. If a Pay Now debit is returned by your bank, we will switch the underlying purchases to Pay Later, and those purchases will accrue interest as of the original purchase date. Designating a purchase as Pay Later gives you the flexibility to pay balances back over time with a fixed payment period.
5You may be granted Extra Spending Power if you designate a Rewards Checking Account to be the source of payments for the Pay Now feature of your Upgrade OneCard, maintain a positive available balance in the designated Rewards Checking account, and maintain your Upgrade OneCard account in good standing. If you meet these conditions, the amount of your Extra Spending Power is generally determined by your Rewards Checking account balance, with a larger deposit balance generally correlating to a higher Extra Spending Power, up to a maximum of $5,000. The Extra Spending Power supplements your Credit Limit to increase the amount of your Available to Spend for purchases. We reserve the right to raise or lower the Extra Spending Power maximum from time to time in our sole discretion subject to compliance with applicable law. If you qualify for Extra Spending Power and you make a purchase that causes your Upgrade OneCard balance to exceed your Credit Limit, the amount of the purchase that exceeds your Credit Limit will be processed as a Pay Now purchase, even if the total amount of the purchase would otherwise be processed as a Pay Later purchase based on your Pay Now settings
Upgrade Rewards Checking Plus Account
- Maximize your rewards with direct deposit1
- Up to 2% cash back on purchases2
- Add Performance Savings to earn up to 4.81% APY3
- Get paid up to 2 days early4
- No monthly fees5
|For more advanced features in a checking account, compare this offer to BMO Relationship Checking ($600 Bonus), U.S. Bank Smartly® Checking ($800 bonus), Chase Private Client ($3,000 Bonus), TD Bank Beyond Checking ($300 Bonus), Fifth Third Bank Preferred Checking ($200 bonus), KeyBank Checking ($200 bonus).|
1Active Accounts with a monthly direct deposit of $1000 are eligible for additional benefits on Rewards Checking Plus such as additional cash back rewards, ATM fee reimbursement, and more.
2Non-Active Rewards Checking Plus Accounts accrue 1% cash back on common everyday expenses at convenience stores, drugstores, restaurants, and bars – including deliveries – and gas stations, as well as recurring payments on utilities and monthly subscriptions including phone, cable, TV and other streaming service and 0.50% cash back on all other eligible debit card charges. Active Rewards Checking Plus Accounts accrue 2% cash back on common everyday expenses (maximum of $500 in 2% rewards per calendar year), and unlimited 1% cash back on all other eligible debit card purchases, including on common everyday expenses after the $500 maximum. Some limitations apply. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information.
3The 1.5% Annual Percentage Yield (APY) for the Performance Savings account is effective as of 6/1/2023. The APY for the Performance Savings account is variable and may change at any time. Active Accounts qualify for 4.81% APY with monthly $1000 direct deposit. The
APY for Active Accounts is effective as of 6/1/2023, is variable, and may change at any time. Please refer to the applicable Cross River Bank Performance Savings Deposit Account Agreement and Truth in Savings Disclosure.
To earn APY, you must open and fund a Performance Savings account. Rewards Checking Plus accounts do not earn APY.
4Early direct deposit requires set up of recurring electronic direct deposit from your employer, payroll, or benefits provider and is limited to direct deposits under $5000. Early access to direct deposit funds depends on the timing in which we receive notice of impending direct deposit, which is generally up to two days before the scheduled deposit date.
5There are no overdraft fees, annual fees, or transfer fees associated with Rewards Checking Plus accounts. Rewards Checking Plus charges no ATM fees, but third-party institutions may charge you a fee if you use their ATM/network or if you use your Upgrade VISA® Debit Card internationally. For Active Accounts, Upgrade will rebate ATM fees charged by another institution for debit card withdrawals in the United States, up to five times per calendar month. To be eligible to receive third-party ATM fee rebates in any calendar month for eligible ATM withdrawals made during that month on a Rewards Checking Plus account, the account must be an Active Account in the prior calendar month. See the Active Account page for more information. As a courtesy to new customers, Upgrade will provide third-party ATM fee rebates for 60 days after account opening regardless of account user status. Some limitations apply. Please refer to the applicable Cross River Bank Checking Deposit Account Agreement and Upgrade VISA® Debit Card Agreement and Disclosures for more information.
$75 Bonus For Existing Users (Targeted)
Check your email for the following: Subject line is “<name>, don’t miss out on your $75 bonus”
Upgrade is offering some existing customers a $75 bonus when they receive one or more direct deposits totaling $5,000 by June 23, 2023 or a $25 bonus when they receive direct deposits of between $1,000 and $5,000.
- The bonus expires on June 23, 2023 11:59 p.m. PT (“Bonus Period”).
- You can qualify for a Direct Deposit Bonus when you (1) use the link in this email to set up an Eligible Direct Deposit to your Rewards Checking Plus account, and (2) make one or more Eligible Direct Direct Deposits by the Bonus Period.
- You can qualify for a $75 bonus when you make Eligible Direct Deposits totaling at least $5,000, or $25 bonus when you make Eligible Direct Deposits totaling between $1,000 and $4,999.99, (each, a “Direct Deposit Bonus”). An “Eligible Direct Deposit” is a recurring deposit to your Rewards Checking Plus account by Automated Clearing House (“ACH”) from your employer, payroll, or benefits provider, or gig economy payer OR a deposit by Original Credit Transaction (OCT) from your gig economy payer.
- Existing direct deposits, one-time direct deposits, including tax refunds, bank ACH transfers, bank verification or trial deposits, peer-to-peer transfers from services, such as PayPal or Venmo, merchant transactions, mobile check deposits, and cash loads or deposits are not Eligible Direct Deposits.
- The Direct Deposit Bonus will be paid to your Rewards Checking Plus account within 30 days of the end of the Bonus Period.
- You must use the link contained in this email to set up the Eligible Direct Deposit, and you cannot qualify for more than one Direct Deposit Bonus.
For more options, see our list of the latest bank bonuses from institutions like U.S. Bank, BMO Harris, Huntington Bank, Chase Bank, Bank of America, TD Bank, Citi, Fifth Third Bank, Axos Bank, and more.