Skip to content

Upgrade to Rewards Checking

2%
Cash Back

Common everyday expenses2

1%
Cash Back

Everything else2

  • No ATM fees, no account fees, no transfer fees

    1

  • Up to 20% lower rate on loans & cards through Upgrade

    3

  • Pair with a 3.75% APY4 Everyday Savings account and reach your goals faster

Open Account
fdic-icon
FDIC insured up to $250,000 through Cross River Bank, Member FDIC.
Rewards Checking

Unlimited Cash Back on Debit Charges

2% Common everyday expenses

Convenience and drug stores
Merchant examples: CVS, Walgreens, Rite Aid
Gas stations
Merchant examples: Shell, Chevron, ExxonMobil, Speedway
Monthly subscriptions
Merchant examples: Netflix, SiriusXM, Spotify, DisneyPlus
Restaurants
Merchant examples: McDonalds, UberEats, Chipotle, Starbucks
Utilities, phone
Merchant examples: AT&T, T-Mobile, Verizon Wireless, Cricket Wireless

1% Everything else

Unlimited 1% cash back on all other charges

Merchants set their own category codes and therefore purchases may not appear in categories as expected. The listed merchants are examples of companies where purchases made at these companies will typically appear in the stated category as appropriate. Upgrade is in no way affiliated with these merchants or endorsing any of their products or services, nor are these merchants considered sponsors or co-sponsors of this program. All trademarks are the property of their respective owners.2

Why upgrade to Rewards Checking?

No Fees

No ATM fee, no account fee, no monthly or annual fee, no transfer fee, no overdraft fee1

Up to 2% Cash Back

2% cash back on common everyday expenses and recurring payments and unlimited 1% cash back on every other debit card charge2

Lower Rates on New Loans & Cards

The rate on your next loan or card through Upgrade will be up to 20% lower if you maintain an active Rewards Checking account3

Pair Everyday Savings with Rewards Checking

Add an Everyday Savings Account when you open your Rewards Checking through Upgrade and reach your goals faster

We offer 3.75% Annual Percentage Yield (APY)4, 11x the national average5

No minimum balance, no monthly fees, easy transfer between accounts6

Get Started

From Upgrade Customers

Trustpilot
See More Reviews
"I have had nothing but the best customer service ever since I became part of the Upgrade family. Keep up the excellent work and customer service."
- Bobby R. Upgrade Customer

How it Works

1

Open an account online in just a few minutes.

2

Fund your account with the click of a button or set up direct deposit to have your paycheck deposited automatically each pay period.

3

Use your Rewards Checking debit card anywhere Visa® is accepted and earn up to 2% cash back.2

FAQ

What is a Rewards Checking account?
Is money deposited in my Rewards Checking account FDIC insured?
How do I access my money?

275 Battery Street, 23rd FloorSan Francisco, CA 94111, USA

Not for payments. Payment address can be found here.

Looking to Invest? Contact us at
moc.edargpu@rotsevni

For other inquiries, contact us at
moc.edargpu@tcatnoc

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

1 There are no account fees, overdraft fees, annual fees, or transfer fees associated with Rewards Checking accounts. Rewards Checking charges no ATM fees, but third-party institutions may charge you a fee if you use their ATM/network or if you use your Upgrade VISA® Debit Card internationally. Upgrade will rebate any ATM fee charged by another institution for debit card withdrawals in the United States, up to five times per calendar month. To be eligible to receive third-party ATM fee rebates in any calendar month for eligible ATM withdrawals made during that month, customers must maintain a qualifying active Rewards Checking account as described here in the prior calendar month. As a courtesy to new customers, Upgrade will provide third-party ATM fee rebates for up to the first two calendar months after account opening regardless of account activity. Some limitations apply. Please refer to the applicable Cross River Bank Deposit Account Agreement and Upgrade VISA® Debit Card Agreement and Disclosures for more information.

2 Rewards Checking customers accrue 2% cash back on common everyday expenses at convenience stores, drugstores, restaurants and bars - including deliveries - and gas stations, as well as recurring payments on utilities and monthly subscriptions including phone, cable, TV and other streaming services, and 1% cash back on all other debit card charges. 2% cash back is limited to $500 in rewards per calendar year; after $500, customers accrue 1% cash back on all eligible debit card charges for the remainder of the year. Some limitations apply. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information.

3 The interest rate on a new loan or credit line through Upgrade may be up to 20% lower than would otherwise be applicable without this discount, as long as you have an active Rewards Checking Account as described here. Other terms and conditions may apply. Please refer to the applicable Truth-in-Lending Disclosure and Loan Agreement.

4 The Annual Percentage Yield ("APY") for the Everyday Savings account is variable and may change at any time.

5 The average national savings account interest rate of 0.33% is determined by the FDIC as of January 17, 2023 (FDIC National Rates).

6 Everyday Savings account is only available to current customers with a Rewards Checking account through Upgrade. Outbound account transfers from the Everyday Savings account may only be made to your Rewards Checking account through Upgrade.

Copyright 2023 Upgrade, Inc.
All rights reserved.

Personal Loans and Auto Refinance Loans made by Upgrade's bank partners. Personal Credit Lines are issued by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. All Upgrade Cards are issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Get more info. Upgrade is a financial technology company, not a bank. Checking and savings accounts provided by Cross River Bank, Member FDIC. Upgrade VISA® Debit Cards issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc.

Upgrade, Inc. BBB Business ReviewTrustedSite Certification Badge