Credit Cards » Credit Card Reviews » Upgrade Visa Card with Cash Rewards Review 2021
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Upgrade Visa Card with Cash Rewards Review 2021

The Upgrade Card functions like a personal loan while offering you the freedom and benefits you get from a traditional credit card.

We may receive compensation from companies that appear on this page. This may impact how and where products appear on a page (including, for example, the order in which they appear). It doesn’t affect our unbiased editors’ opinions. our opinions are our own.

Table of Contents

The Upgrade Visa Card with Cash Rewards functions like a personal loan while offering you the freedom you get from a traditional credit card. Unlike conventional credit cards which charge you daily interest for carrying a balance, this card practically gives you a personal line of credit ($500 – $25,000 or more). This will be split into equal installments which you pay every month. You may use your credit line on purchases online, at retail stores, or even transfer the funds from your card to your personal bank account at no extra cost.

A particularly attractive feature of the Upgrade Visa Card in relation to similar credit cards is the complete absence of fees, transactional or otherwise, on the card. It offers you rewards, but you should be aware that the cash backs on all your purchases with this card are only given when you make payments, not before. This is the only reward you get; so if you want intro rates or welcome bonuses, consider other alternatives.

Upgrade Visa Card

upgrade Visa Credit Card Review

On Upgrade Visa's Secure Website

Rewards Plan

1.5% cash back on payments

Sign up Bonus


0% Intro





8.99% - 29.99%

Annual Fee


Balance Transfer Fee


Credit Requirements

No Credit – Poor

This card is especially relevant to people with less-than-stellar credit scores, or those who are looking to finance large purchases. The fixed payment style is ideal for people who want to cultivate a responsible payment habit or live within a budget. You should consider this card if you’re trying to build credit.

While the Upgrade Visa Card features a low APR threshold, the precise rate you get charged is contingent on the amount you request, your credit score while applying, and during your use of the card. Opting to use Upgrade’s Autopay feature can help you secure the lowest interest rates. You should pay attention to your account management though, or you could end up on the higher side of the interest rates.


Let’s take a look at the benefits of this credit card and see if it’s the right one for your wallet or not.

Not many unsecured cards aimed at people with average credit offer rewards. With the Upgrade Card, you earn unlimited 1.5% flat-rate cash back on all your eligible purchases when you pay them back. This cash back does not extend to transfers you make to your linked bank account.

Many credit cards that cater to people trying to build credit require you to provide a security deposit when you apply for a card before granting you a credit line. Upgrade Card does not.

Upgrade Visa Card does not allow balance transfers; not in the conventional way, at least. Since it allows you to transfer funds from your card directly into your bank account, you can easily use the transferred funds to settle debt on other credit cards. Sometimes people can’t qualify for even great balance transfer deals because of their credit and this workaround offers an effective alternative.

Upgrade Visa Card reports activity on your card to the three major credit bureaus as a line of credit, without including your total credit limit. This leaves your credit utilization unaffected. It reports your balance and fixed payments, which can be an advantage to you if you demonstrate financial discipline and pay on time.

While there are many cards that charge no annual fees, fees on late payments, returned payments, balance transfers, and cash advances are almost a staple. The Upgrade Card doesn’t charge any of these fees, putting it in the small crop of cards that are truly low maintenance.


Let’s take a look at the drawbacks of this credit card and see if it’s the right one for your wallet or not.

Other cards typically offer incentives to cardholders when they first sign up. Cash back rewards are offered on the Upgrade Card, but there is no special reward for new cardholders.

What this really is shifts from person to person. For some, this may be a welcome feature since it aids budgeting. Others may find this payment style potentially restricting.

The Upgrade Card is a fairly new card. Introduced in 2019, it is not available in all US states. If you’re resident in Wisconsin, Iowa, West Virginia, or Washington D.C this card may not be available to you.

Most conventional credit cards allow you to escape paying interests if you pay your bill before the payment date is due. With the Upgrade Card, no such thing exists. Your interest begins to accrue as soon as you start using the card.

What this really is shifts from person to person. For some, this may be a welcome feature since it aids budgeting. Others may find this payment style potentially restricting.

Application Process

The application process for this card is swift and does not impact your credit score if you’re not approved.

To begin, visit the Upgrade website and click on “Get Started” from the homepage. In case this doesn’t show up on the homepage, click on “Upgrade Card” from the navigation bar at the top of the screen.

Upgrade Visa Card

The next step is to provide your personal information. This includes your full name, full house address, zip code, date of birth, and annual income. You will also be asked to enter your social security number. Your individual or additional annual income may include alimony and child support if you want these considered. Providing additional annual income is optional.

Upgrade Visa Card

The next and final step is to create an account. Provide your email and a password to go with your account. Click on the “Check Your Credit Line” button to submit and get a decision on your application. This process does not affect your credit score.

Upgrade Visa Card

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.