Upgrade

Upgrade is a mobile application that offers a variety of features to help users manage their finances and earn rewards. With Upgrade, users can track their rewards and earn cash back on purchases made with their Upgrade Card or Upgrade Debit Card. They can also manage their Upgrade accounts online, making payments and checking their balance at their convenience. Additionally, Upgrade allows users to monitor their credit score and receive notifications of any changes in their credit report or score.

One of the main features of Upgrade is the Rewards Checking Plus program, which offers 2% cash back on common everyday expenses such as convenience store purchases, restaurant and bar visits, and gas station purchases. Users can also earn 1% cash back on all other debit card purchases. However, there is a limit of $500 in rewards per calendar year, after which users will earn 1% cash back on all eligible purchases. Customers who do not have monthly direct deposits of $1,000 or more will still earn rewards, but at a lower rate of 1% cash back on everyday expenses and 0.50% cash back on all other eligible purchases.

Upgrade also offers early direct deposit for users who set up recurring electronic direct deposits from their employer, payroll, or benefits provider. This allows users to access their funds up to two days before the scheduled deposit date. Additionally, Upgrade has a Cash Back Rewards Program where users can earn unlimited 1.5% cash back on purchases when they pay them back. However, certain limitations apply and can be found on the Upgrade website.

Another unique feature of Upgrade is Upgrade Shopping, which is powered by Dosh®. This feature allows users to earn cash back on qualifying purchases at participating merchants. The list of participating merchants and offers can be found on the Upgrade Shopping section of the account dashboard. However, these merchants and offers may change without notice, so users should regularly check the website for updates.

In addition to these features, Upgrade also offers personal loans with APRs ranging from 9.99% to 35.99%. These loans have a 1.85% to 9.99% origination fee, which is deducted from the loan proceeds. Users can choose repayment terms of 24 to 84 months, and the actual APR may vary depending on factors such as credit score, credit usage history, and loan term. Upgrade also offers checking and savings accounts, as well as Personal Credit Lines, all provided by their bank partners.

Overall, Upgrade is a comprehensive financial management tool that offers a variety of features to help users save money and manage their finances. With its user-friendly interface and convenient features, Upgrade is a great option for those looking to improve their financial health. Users can also provide feedback on the mobile app by emailing [email protected].