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We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Reviews

Upgrade Rewards Checking review: A simple account for cash-back lovers!

Upgrade Rewards Checking is an account that offers valuable benefits for savvy customers. Read on to discover the features and insights of this offer, including its advantages and disadvantages.

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Upgrade Rewards Checking: Get up to 2% cash back on everyday expenses!

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Upgrade Rewards Checking full review. Source: The Mad Capitalist

This Upgrade Rewards Checking review provides an overview of an ideal solution for those seeking to save while reaping cashback on debit card purchases.

Upgrade debit card and mobile banking

Upgrade Rewards Checking application

Get ready to take advantage of our Upgrade Rewards Checking! Apply now and enjoy no hidden fees and cash back on expenses! Read on!

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Upgrade Rewards Checking application

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Do you want to learn more about this useful account? Then keep reading our comprehensive review! We’ll explain how it works and more!

  • Fees: No transfer fee, no account fees, or ATM fees;
  • Minimum balance: No minimum balance is required;
  • APY: See terms;
  • Credit score: No credit score is required;
  • Rewards: 2% cash back on common everyday expenses and unlimited 1% cash back on all other purchases.

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You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.

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Upgrade Rewards Checking: how does it work?

Upgrade Rewards Checking offers some great benefits. First, it rewards cardholders who use the card frequently and responsibly by offering the following:

  • 2% cash back on common everyday expenses (up to $500 annually);
  • 1% cash back on all other purchases. 

And you’ll save money immediately because there are no ATM, overdraft, or monthly maintenance fees attached to this type of account.

Plus, if you become eligible for a loan with Upgrade after signing up for a checking account, you may also qualify for discounted loans.

Once you become eligible for an Upgrade high-yield savings account, you can count on a solid 3.75% APY. 

On the other hand, the biggest drawback of having an Upgrade Rewards Checking Account is that there are strict requirements and limits on rewards.

While the card may earn up to 2% back on purchases, it can only earn this amount up to $500 cash back total each year.

Plus, international transfers with third-party institutions may incur fees that cannot be avoided when using this checking account.

Upgrade Rewards Checking: main features

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Compare the pros and cons of the Upgrade Rewards Checking account. Source: Adobe Stock

This account is good for people who don’t spend too much and want cash back on debit purchases. But is it right for you? Compare the pros and cons of this account and find out.

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Pros

  • Up to 2% cash back on everyday expenses;
  • No ATM, account, or transfer fees;
  • Customers can add a High Yield Savings Account;
  • Available to all 50 states. 

Cons

  • No sign-up bonus;
  • $500 cash back limit.

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Credit score required

Opening a bank account may not always need assessing your credit score, but a bad rating can result in banks denying certain products or services and charging additional fees.

Proactively taking steps to improve one’s financial situation could benefit the future.

Upgrade Rewards Checking application: how to do it?

If you feel ready to apply for an Upgrade Rewards Checking after reading this review, check our post below, and you’ll find all the instructions you need.

Upgrade debit card and mobile banking

Upgrade Rewards Checking application

Get ready to take advantage of our Upgrade Rewards Checking! Apply now and enjoy no hidden fees and cash back on expenses! Read on!

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Upgrade Rewards Checking application

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Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Editorial Note

Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. That said, the compensation we receive from our affiliate partners does not influence the recommendations or advice our team of writers provides in our articles or otherwise impact any of the content on this website. While we work hard to provide accurate and up to date information that we believe our users will find relevant, we cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

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