Upgrade is a financial technology company that offers banking services through a variety of banking partners. They’re known for their personal loans but they also offer deposit products, like a rewards checking and savings account, as well as credit and debit cards.
Checking and savings accounts are provided by FDIC-insured Cross River Bank and their Upgrade Card is issued by Sutton Bank, Member FDIC.
Today, you can get a $200 cash bonus from Upgrade when you get their Upgrade Card and pair it with an Upgrade Rewards Checking account.
The card has no annual fee and checking account has no fee and no minimum – a nice combination if you want to take advantage of the bonus and open a new account.
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How to get $200 from Upgrade Rewards Checking
This bonus is super simple and does NOT require a direct deposit, which makes it very appealing.
First, apply for the Upgrade Card.
Then, within 60 days:
- Open a new Upgrade Rewards Checking account, and,
- Make three purchases with your new debit card.
That’s it!
With the card, you also earn 1.5% cash back after you pay them back. The rewards are applied directly to your balance so there’s no need to redeem them, they’re automatically credited.
The account has no annual fee, no late fees, and no foreign transaction fees.
How does this offer compare?
This is a bank bonus that’s structured like a credit card bonus, though instead of having to spend a certain amount you just need to make three purchases. Three purchases is very easy.
The card itself is also very appealing because you earn 1.5% cashback (when you pay off the charge) and the amount is credited to your account. These aren’t points you have to redeem or take any special steps, it just happens and that’s very convenient.
As for the amount, $200 is a good bonus for such easy requirements to meet.
⭐Citi Priority Account – up to $2000
Citi Priority is offering up to $2000 bonus when you open an account by 7/23/2023. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH223 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Bank of America – $100 Bonus Offer
Bank of America offers a $100 Bonus Offer cash bonus if you open a new account and set up and receive qualifying direct deposits totaling $1,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
Albert – $150
Albert will give you $150 when you open an account and receive a qualifying direct deposit of at least $500 within 45 days and spend at least $200 on goods and services every 30 days for 90 consecutive days with your Albert debit card.