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Updated: 03/23/2022

How to Maintain an Active Rewards Checking Account

Upgrade offers a variety of benefits for customers with a qualifying active Rewards Checking account, including discounts on other products, and more.

There are several ways to maintain a qualifying active Rewards Checking account. Each month, we will determine whether an account qualified as “active” during the previous full calendar month based on one of the following activities (collectively, the “Rewards Checking Qualifying Activities”):

Average Daily Balance

Maintained an average daily balance in your Rewards Checking account of at least $2,500


Direct Deposits

Received direct deposits in your Rewards Checking account totaling at least $1,000


Eligible Debit Card Purchases

Made at least 8 eligible purchases with your Rewards Checking debit card.

For purchases to be eligible, the transactions must have settled. Certain transactions are not eligible, including: money transfers, including wire transfers and transfers made through Apple Pay, Google Pay or similar services; manual cash disbursements; ATM transactions; the purchase of checks, financial products, promotional merchandise, gift cards, foreign currency, money orders, other monetary instruments, or similar; debt repayment; account funding; transactions executed for the sole purpose of transferring funds to another account maintained or controlled by the same consumer; refunds or other card credits; or disputed or fraudulent transactions.

We may revise and update these terms, including the Rewards Checking Qualifying Activities, from time to time in our sole discretion. Please check this page regularly so you are aware of any changes. All changes are effective immediately when we post them on this page, provided that we will notify you of any such change when required by applicable law.

Learn more about Rewards Checking