Credit Cards (US)

Upgrade Bitcoin Rewards Visa® Card 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!

Upgrade Bitcoin Rewards Visa® card: get rewarded in bitcoin!

Check out this Upgrade Bitcoin Rewards Visa® Card review. Source: The Mister Finance.
Check out this Upgrade Bitcoin Rewards Visa® Card review. Source: The Mister Finance.

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. So, 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 APR14.99%-29.99% variable APR.
Welcome bonus$200 bonus after opening a Rewards Checking account and making 3 debit card transactions.
RewardsUp to 1.5% back in bitcoin on all payments
Upgrade Bitcoin Rewards Visa®

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!

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

What are the benefits to this card? Source: Pexels.
What are the benefits to this 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!

Pros

  • No annual fee;
  • No activation fee;
  • No foreign transaction fees;
  • Rewards as unlimited bitcoin;
  • Credit lines ranging from $500 to $25,000;
  • Very simple and fast to apply;
  • $200 bonus after opening a Rewards Checking account and making 3 debit card transactions;
  • Pay with your phone or device by using Apple Pay™ or Google Pay™;
  • Visa® convenience and acceptance;
  • You can split your balance into fixed monthly installments;
  • There’s a pre-qualification option with only a soft inquiry;

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 DC, IA, WV, WI, NC, NH, and HI.

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

You will be redirected to another website

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 score of 630+.

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®

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!

Disclaimer: To qualify for the welcome bonus, you must open and fund a new Rewards Checking account and make 3 qualifying debit card transactions from your Rewards Checking account within 60 days of the date the Upgrade Card account is opened. 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. Your Upgrade Card and Rewards Checking account must be open and in good standing to receive a bonus. If you have previously opened a Rewards Checking account or do not open one as part of this application process, you are not eligible for this welcome bonus offer. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The value of the $200 bonus will be based on the value of bitcoin at the time it is purchased (within 1-2 statement periods from the date the bonus is earned) and may change in price by the time you choose to sell it. Refer to Program Terms. Bonuses associated with the Upgrade Card, when applicable, are provided by Upgrade, Inc.

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

Trending Topics

content

Gate City Bank Personal Loans review: flexible options

Check out the Gate City Bank Personal Loans review and learn how easy it is to get flexible loan options at competitive rates and low fees.

Keep Reading
content

How to apply for the Arch Card® – McDonald’s Gift Card?

Check out how simple it is to apply for an Arch Card® - McDonald’s Gift Card and enjoy buying your favorite snack with ease and flexibility.

Keep Reading
content

Marcus Savings account full review

The best rate in savings is here. It features a high APY and no monthly fee. So, check out the Marcus Savings account review post!

Keep Reading

You may also like

content

The Definitive Guide to Apply for Blaze Mastercard® Credit Card

Want to fix your credit score? Discover the details to apply for the Blaze Mastercard® Credit Card now. Read on!

Keep Reading
content

Delta SkyMiles® Platinum American Express Card application

If you are looking for a travel credit card with benefits for travel and more, read our post to learn about the Delta SkyMiles® Platinum American Express Card application!

Keep Reading
content

Learn to apply easily for the PenFed Mortgage

Applying for a mortgage doesn't have to be difficult. Here's how to do it in five easy steps with PenFed Mortgage. Qualify for up to $2,5K lender credit!

Keep Reading