The Upgrade Card combines the flexibility of a credit card with the predictability of a personal loan. You have access to funds up to the full amount of your credit line*, and you only pay interest on the amount you choose to borrow. You can access your line with the Upgrade Card to pay online and at retail locations, or you can have funds sent directly to your bank account.
With a personal loan, all of your funds are sent to your account once you're approved. However, if you need additional money, you’ll need to apply again to borrow additional funds.
Learn more about the Upgrade Card through Upgrade.
*If there are changes to your credit score or other risk factors, or changes to market conditions, the availability of your remaining credit, the interest rate, and length of the credit offered may be adjusted for future transactions. The interest rate on your existing balances will never change. ACH transactions will be subject to a minimum amount, which is determined based on your total line availability. There is no minimum transaction amount when you use the Upgrade Card. For more information, please refer to the applicable Personal Credit Line Agreement.