Upgrade Cash Rewards Visa®
Upgrade Cash Rewards Visa® Review
There is $0 annual fee and no usage fees for the card. With responsible usage, the Upgrade Cash Rewards Visa® could offer you access to a higher credit limit than a traditional credit card and a less expensive way to pay down the balance.
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
Upgrade Cash Rewards Visa®
SIGN-UP BONUS
$200 bonus after opening a Rewards Checking Plus account and making 3 debit card transactions*
REWARDS RATE
1.5% unlimited cash back on card purchases every time you make a payment
Credit Line
Up to $20,000*
Rewards Rate
1.5% unlimited cash back on card purchases every time you make a payment
Annual Fee
$0
Annual Fee
$0
Card Brand
Visa®
Recommended Credit Score
FairHighlights
- $200 bonus after opening a Rewards Checking Plus account and making 3 debit card transactions*
- 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
- No touch payments with contactless technology built in
- See if you qualify in minutes without hurting your credit score
- Great for large purchases with predictable payments you can budget for
- Mobile app to access your account anytime, anywhere
- Enjoy peace of mind with $0 Fraud liability
- *To qualify for the welcome bonus, you must open and fund a new Rewards Checking Plus account through Upgrade and make 3 qualifying debit card transactions from your Rewards Checking Plus account within 60 days of the date the Rewards Checking Plus account is opened. If you have previously opened a checking account through Upgrade or do not open a Rewards Checking Plus account as part of this application process, you are not eligible for this welcome bonus offer. Your Upgrade Card and Rewards Checking Plus account must be open and in good standing to receive a bonus. To qualify, debit card transactions must have settled and exclude ATM transactions. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking Plus account as a one-time payout credit within 60 days after meeting the conditions.
Additional Info
Up to 3%
Up to 5%
N/A
Yes
No
Yes
Yes
Yes
Yes
No
No
Yes
Expert Review
Editor's Overall Rating
Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.
From the LendingTree editorial team, updated on Sep 11, 2023
Upgrade, an online lending company, expanded into the credit card space in late 2019. The launch of the Upgrade Cash Rewards Visa® reveals an innovative new offering for consumers with fair credit or above. Upgrade created a ‘hybrid’ of a credit card and personal loan into one unique product. Consumers who apply and are approved for this card will access a personal credit line from $500 to $25,000. Card charges are combined into installment plans payable over 12 to 60 months. The benefit of this structure is that your purchases are combined into a fixed term/payment schedule as opposed to a minimum monthly payment with a high interest rate. Upgrade Cash Rewards Visa® interest rates start lower than traditional credit cards with a range from 14.99% - 29.99% APR APR.
The Good
- You could receive a lower interest rate for your personal credit line versus a traditional credit card. Also, you could benefit from a predictable monthly payment at a lower interest rate than a credit card, which could help you pay down your balance faster with less cost. The Upgrade Cash Rewards Visa® is a Visa®, which is a widely accepted card.
The Not So Good
The Bottom Line
There is $0 annual fee and no usage fees for the card. With responsible usage, the Upgrade Cash Rewards Visa® could offer you access to a higher credit limit than a traditional credit card and a less expensive way to pay down the balance.
Editorial Note: This content is not provided by Upgrade. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Upgrade.
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0% Intro APR
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Rewards Rate
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Sign-Up Bonus
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Welcome Offer
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Rewards Rate
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Extra Perks
No categories to track or remember and cash rewards don't expire as long as your account remains open
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Intro Purchase APR
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Intro Balance Transfer APR
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Regular Purchase & BT APR
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