The Upgrade Card combines the flexibility of a credit card with the low cost and predictability of a personal loan. Each time you borrow using your Upgrade Card with a personal credit line, or when you have funds sent to your bank account using your line, both the rate and loan of each draw are fixed so you can budget for predictable monthly payments for a set period of time.
In contrast, borrowing with credit cards means that you have no set pay-off date. Credit cards often come with variable rates that may increase on existing balances when the prime rate goes up.
Learn more about the Upgrade Card through Upgrade.