Cash Rewards Elite Card

Upgrade Card can help you make good credit decisions by combining the flexibility of a cash back rewards credit card with the predictability of a personal loan. Upgrade Cash Rewards Elite Card is our best cash back rewards card if you want simple, unlimited rewards, without merchant categories to remember or quarterly rewards category signups.

You can use your Upgrade Card to swipe, tap, insert or purchase online everywhere Visa® is accepted. You can also transfer credit card balances from other credit card issuers to your card, subject to applicable fees.

Each Upgrade Card balance has a fixed rate and term so you know when you pay off your balance and can save on interest. By comparison, most cash back rewards credit cards have a low minimum monthly payment. With minimum payments, you tend to pay off less of the principal and may stay in debt for extended periods of time.

Upgrade Card gives you the predictability of a personal loan, plus the flexibility of a cash back rewards credit card. You can use your Upgrade Card to swipe, tap, insert or purchase online everywhere Visa is accepted. You have access to funds up to the full line amount, but you only pay interest on the amount that you use. And with Upgrade Cash Rewards Elite Card, you get unlimited 2.2% cash back rewards on purchases when you pay them back.

With a personal loan, your funds are disbursed in a lump sum once you're approved. If you need additional money, you’ll need to apply again to borrow additional funds. You are responsible to pay back the full amount that you borrow, plus interest, even if you do not use the loan proceeds as you planned. And you do not get any cash back rewards on your loan payments.

Upgrade Card is unsecured so you do not need to provide a cash or security deposit or any other collateral.

Applying for your Upgrade Card is simple and quick. And you can check for an offer with no impact to your credit score or credit report.

First, provide some basic information about yourself and grant us permission to pull your credit report from one or more consumer reporting agencies. This credit pull is a soft inquiry, so it won’t harm your credit.

Then we'll show you if you are pre-approved for Upgrade Card. If you are pre-approved, you will see your offer, which includes your credit line amount, APR and draw length.

All Upgrade Cards, except for Upgrade Select, offer Visa Signature benefits, including Extended Warranty Protection, Price Protection, Roadside Dispatch, Travel and Emergency Assistance Services and Visa's Zero Liability Policy.⁵