Upgrade is offering a $200 welcome bonus when you open a new Rewards Checking Plus account and make 3 debit card transactions.
To qualify for this promotion, you'll first need to sign up for any Upgrade Card (for example, the Triple Cash Card), which is a blend of a credit card / line of credit. Then, you'll need to open a free Rewards Checking Plus account. Finally, you'll need to make just 3 purchases using your new debit card.
What's more? If you choose The Triple Cash Rewards Visa card you'll earn 3% on purchases in Home, Auto, and Health categories and 1% on all other purchases. There are no annual fees and no late fees.All in all, this is an easy bonus to earn. Readers report receiving their bonus "super fast" (much faster than the advertised 60 days!). Plus, it's rare to find a cash offer this high that does not require a direct deposit, minimum balance, or a monthly fee. Check it out!
How To Earn The Bonus
The Upgrade Rewards Checking Plus promotion requires you to make purchases using the account's card in order to earn the $200 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- If you have previously opened a checking account through Upgrade or do not open a Rewards Checking Plus account as part of this application process, you are not eligible for this welcome bonus offer.
- Your Upgrade Card and Rewards Checking Plus account must be open and in good standing to receive a bonus.
- To qualify, debit card transactions must have settled and exclude ATM transactions.
- Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information.
- Welcome bonus offers cannot be combined, substituted, or applied retroactively.
Open a Rewards Checking Plus account before the bonus expires
How does this personal checking offer from Upgrade compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 53 days
- Requires
- Direct Deposit
BMO
Personal Checking
- Bonus
- $400 Cash Bonus*
- Account Type
- Personal Checking
- Expires In
- 123 days
- Requires
- Direct Deposit
Discover
Discover® Cashback Checking
- Bonus
- up to $360
- Account Type
- Personal Checking
- Expires In
- Limited Time
- Requires
- Card Spend
Why Upgrade?
Rewards Checking Plus
Rewards Checking Plus from Upgrade touts up to 2% cashback on "common everyday expenses" – think categories like: 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. You'll earn unlimited 0.5% on everything else.
If you maintain an "active account" with a monthly direct deposit of $1000 or more you'll be eligible for additional benefits on Rewards Checking Plus such as additional cash back rewards (a total of 2% cashback on "everyday expenses", up to $500 each year, and unlimited 1% on everything else), ATM fee reimbursement, and more. Some limitations apply.
Fees
Rewards Checking Plus does not charge a monthly maintenance fee.
Apply now for a Rewards Checking Plus account to earn the $200 bonus offer
Share Your Thoughts or Questions
There have been 25 comments about the Upgrade Rewards Checking Plus $200 Bonus.
Kimberly M Krause
February 12I just applied for the Upgrade Card and was denied. I received an adverse action notice which shows too many recent inquiries on TransUnion (I have recently applied for and was approved for 3 credit cards to get SUBs). I have a nearly 800 credit score and no late payments on any account. Too bad, I was really looking forward to getting this bonus.
ReplyReply to Kimberly M Krause
Ed Fernandez
March 17 Replying to Kimberly M KrauseI had the exact same experience. Sad.
ReplyReply to Ed Fernandez
Md Morsalin Islam
December 14, 2023What's the Upgrade Rewards Checking Plus $200 Bonus. I don’t understand, so tell me please?
ReplyReply to Md Morsalin Islam
Tom
November 16, 2023When you open the Checking and Line of Credit with Upgrade they may open an account for you at a credit union that you might not normally be eligible for. They opened an account for me in a different state with a $5 gift deposit. That worked out great because that CU had a $50 refer-a-friend bonus. The requirements for Upgrade are easy. My spouse also opened a checking and LOC account. I did NOT receive a hard credit pull, but they DID.
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Dane King
November 16, 2023There is not a hard pull for the Rewards Checking Plus checking account. There is a Hard Pull for the Triple Cash Rewards Visa card.
ReplyReply to Dane King
John
November 15, 2023It says credit pull "unknown" but surely if you're applying to a card this will be a hard pull on your credit, right?
ReplyReply to John
Richard O'Connell
November 15, 2023First offer was an email for $50 Visa card if I opened account with UBS. Seemed shady but only put $10 to open account. Card shows up as promised and then I started getting the emails from Bank Bonus. So I started using my RMD from a retirement account to fund the offers that required a direct deposit as an income source. Made over $3000 this year so far. Recommend every retired person do this. Free money!!!
ReplyReply to Richard O'Connell
Lee
November 15, 2023Since many of these financial institutions offer referral programs, a great way to earn additional money on top of the regular SUB money paid out when signing up for bonus offer promo, is to use someone's referral whenever possible.
ReplyReply to Lee
Kimberly smith
November 15, 2023Is there a minimum amount required as a deposit to get the bonus amount required to get the bonus? Are there any in network ATMs without fees?
ReplyReply to Kimberly smith
Jon Snow
November 17, 2023 Replying to Kimberly smithNo minimum deposit required. Just 3 debit card purchases.
ReplyReply to Jon Snow
Jon Snow
November 13, 2023I like that Upgrade paid the bonus the next day after I fulfilled the requirements
ReplyReply to Jon Snow
Lee
November 11, 2023I had a great experience opening my upgrade account and the bonus was paid out super fast. I highly recommend this upgrade offer to anyone looking to earn a nice bonus that pays out quickly.
ReplyReply to Lee
Ankit Jain
November 9, 2023Make sure to use a referral to open this account. Referral sometimes help getting approved faster as the banks gets comfortable. This is also a churnable bonus every year so make sure to close your account quickly as soon as the bonus hit
ReplyReply to Ankit Jain
Faith Yazel
November 8, 2023I’m always looking for new offers that don’t require direct deposit setup so this looks like a good option, but after reading the other comments I might think twice!
ReplyReply to Faith Yazel
Den
November 9, 2023 Replying to Faith YazelI agree with you here. It does not seem attractive if it needs to sign up for a blend of a credit card / line of credit.
ReplyReply to Den
DANIEL TACKER
November 6, 2023I signed up for this and actually used this account to consolidate some other debt I was paying off. I ended up receiving $400 bonus. This was September 2022 so I don't know if that is still the amount or not.
ReplyReply to DANIEL TACKER
D
November 5, 2023This "bonus" was a sham. I cannot recomend Upgrade in any way. The bonus is *only* paid if you are *approved* for the credit card as part of the account opening process. I spent 45 mins on the phone with various clueless reps and was finally told about the credit card.
ReplyReply to D
BOB
April 29, 2024 Replying to DHey D. Great point. You must get APPROVED in order to get the bonus. My credit score is 800+ but opening things online does not always go through, so I feel your pain. The remedy is usually to go into a branch, but if you are not local, then that is not an option and now your credit score may have taken a hit and you got nothing to show for it. Thanks for your comment. I will take a HARD pass on this one.
ReplyReply to BOB
Nicholas
November 3, 2023Does anyone know if applying for this card will affect your credit? It seems like it may not be worth doing this one.
ReplyReply to Nicholas
Wayne
November 6, 2023 Replying to NicholasIf you're applying for a credit card, then yes.
ReplyReply to Wayne
Avraham Kranczer
November 17, 2023 Replying to WayneIt seems like this is not really a bank bonus, but rather a credit card sign bonus.
ReplyReply to Avraham Kranczer
mjonis
November 14, 2023 Replying to Avraham KranczerAgreed, if it's a hard pull for a CREDIT card, then it's not really a bank account offer, but rather a credit card offer, IMO.
ReplyReply to mjonis
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