Credit Cards

Upgrade Bitcoin Rewards Visa® card full review

Upgrade features a card that offers free cryptocurrency with low costs. If you think this kind of reward is good for you, then read our Upgrade Bitcoin Rewards Visa® review!

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by Aline Augusto

12/22/2021 | Updated on 12/29/2021

Upgrade Bitcoin Rewards Visa® card

Upgrade Bitcoin Rewards Visa® review. Source: Upgrade.
Upgrade Bitcoin Rewards Visa® review. Source: Upgrade.

If you are into investments and technology, you probably have already searched for bitcoin. Now, there is a credit card that offers it as a reward when you pay your balance. And in this Upgrade Bitcoin Rewards Visa® review, you’ll learn all about it!

Plus, this card works as a hybrid credit card and personal loan. That is if a balance is carried an installment plan is applied at a fixed-rate and terms.

Also, Upgrade claims that it offers a lower cost in interest in the market compared to other credit cards.

But, before applying for this Visa®, keep reading our article to learn how it works and check if it is a good option for you.

Credit ScoreGood – Excellent 
Annual Fee$0
Regular APRFrom 8.99% to 29.99%
Welcome bonusNone
RewardsUp to 1.5% back in bitcoin on all payments
Upgrade Bitcoin Rewards Visa card

How to apply for an Upgrade Bitcoin Rewards Visa®?

Get bitcoin on your payments with Upgrade Bitcoin Rewards Visa® credit card. Learn how to apply for one!

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How does the Upgrade Bitcoin Rewards Visa® credit card work?

The Upgrade Bitcoin Rewards works as a hybrid credit card and personal loan. It charges a variable APR and no annual fee.

Also, it rewards free cryptocurrency when you pay your debt balance so you can sell it later. Note that this bitcoin earned will be held in the NYDIG wallet – a bitcoin company –, and it can be redeemed as a statement credit only.

Furthermore, the credit line offered ranges from $500 to $25,000, which is pretty good. Plus, it doesn’t charge a foreign transaction fee.

Upgrade Bitcoin Rewards Visa® benefits

Learn more about the Upgrade Bitcoin Rewards Visa® card. Source: Pexels.
Learn more about the Upgrade Bitcoin Rewards Visa® card. Source: Pexels.

With this Upgrade card, you can earn up to 1.5% unlimited rewards that are paid in bitcoin. You can sell it and redeem it as a statement credit.

Furthermore, the credit card doesn’t charge an annual fee or a foreign transaction fee. Customers say that, even though it requires at least a good credit score for the application, the process is simple and fast.

And, it is a Visa®, after all, so you can enjoy all the convenience and acceptance in your day-to-day.

However, before applying for this card, check out the list of pros and cons right below!

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Pros

  • No annual fee
  • No foreign transaction fees
  • Rewards as unlimited bitcoin
  • Credit lines ranging from $500 to $25,000
  • Very simple and fast to apply 
  • Visa® convenience and acceptance 

Cons

  • There is a 1.5% transaction fee to sell your crypto earned as rewards
  • Rewards can only be used as a statement credit
  • It is useful if you are interested in investing bitcoin
  • It requires a good and perfect credit score
  • There is no welcome bonus
  • This card is not available in Hawaii, Iowa, Indiana, Nebraska, Louisiana, Nevada, North Carolina, New Hampshire, Washington, Wisconsin, and West Virginia. 

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How good does your credit score need to be?

If you are interested in earning bitcoins, you may be eligible to apply for an Upgrade credit card. But note that it is not available in some territories. And it requires at least a good credit score.

How to apply for a Upgrade Bitcoin Rewards Visa®?

It is simple and fast to apply for one. And we will explain it all to you. Then, read our next post to get your Upgrade Bitcoin Rewards Visa® credit card!

Upgrade Bitcoin Rewards Visa card

How to apply for an Upgrade Bitcoin Rewards Visa®?

Get bitcoin on your payments with Upgrade Bitcoin Rewards Visa® credit card. Learn how to apply for one!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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