Purchases in Gas, Grocery, Health, Streaming, and Utilities categories accrue 3% cash back with no maximum when you pay them back (excluding Target and Walmart); all other purchases accrue 1% with no maximum. Get more information on applicable merchant categories. Certain limitations apply. For more information on the Upgrade Cash Back Rewards Program, please see the program’s Terms and Conditions.
Rates, Fees and Terms
Credit Lines feature Annual Percentage Rates (APRs) of 14.99% - 29.99% and line amounts ranging $500 - $25,000. The lowest rates require Autopay and the majority of the line amounts will be $15,000 or under. For example, a $5,000 transaction with a 36 month term and a 19.99% APR has a required monthly payment of $187.90. Optional ACH transfers to your bank account, balance transfers, ATM withdrawals (if available), and foreign transactions are subject to applicable fees that, if incurred, will increase your finance charge and APR. Late fees and insufficient funds fees may apply. Your rate, line amount, and default term depend on maintaining a qualifying credit score, your credit usage history, requested amount, and other factors. The Upgrade Card is unique in that it allows you to obtain a series of closed-end loans which you may access through transactions such as card purchases up to an approved amount. As you repay your balance, additional credit may become available to you up to an approved amount subject to meeting our credit requirements, but your line will not replenish automatically.
Optional Early Pay
Your card offers EarlyPay as an early repayment option to avoid daily interest on new transactions. No interest will accrue during your first statement period. With EarlyPay, if you pay off your statement balance in full 2 calendar days after your statement closing date (the “EarlyPay payment date”), you will avoid daily interest accrual on any new transactions until the next EarlyPay payment date. Or, if you choose not to use EarlyPay, you can make your required monthly payment on your monthly payment due date, which is twenty-two (22) calendar days after your statement closing date, and interest will accrue daily from the date of your transaction. You can pay off your balance at any time to eliminate further interest charges.
Upgrade Shopping
With Upgrade Shopping powered by Dosh® you accrue cash back on qualifying purchases at participating merchants. For the current list of participating merchants and offers available to you, go to Upgrade Shopping on your account dashboard. Participating merchants and offer terms may be changed from time to time without notice. For full cash back shopping terms, please review the Upgrade Shopping Program Terms and Conditions and Upgrade Shopping Powered by Dosh Terms of Service and Dosh Privacy Policy.
Visa Signature Benefits and Zero Liability Policy
With Visa Signature benefits, certain restrictions, limitations and exclusions apply. With Visa’s Zero Liability Policy, you won’t be held responsible for unauthorized transactions made using your Upgrade Card or card information, when you report them promptly. This does not apply to transactions not processed by Visa. Terms apply. For more information, please refer to your Cardholder Agreement.
ATM Acceptance
Your Upgrade Card is not an ATM card and cannot be used for transactions requiring a PIN.