Credit Cards

Upgrade credit card full review

Do you need a different credit card that can work as a personal loan? Then, the Upgrade credit card can be a good choice. Read our full review to know more!

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by Victória Lourenço

10/19/2021 | Updated on 11/17/2021

Upgrade credit card

Learn more about the features of the Upgrade credit card! Source: Upgrade.
Learn more about the features of the Upgrade credit card! Source: Upgrade.

Upgrade is a company that offers many great credit cards, and one of them is the cash back Upgrade credit card. Moreover, as a cardholder, you will not have to pay any annual fees or application fees. Plus, this card is a visa card, so it is accepted in a wide range of places.

Also, this credit card works in a different way from the other similar credit cards. The difference is that he works in a kind of similar way as a personal loan. Plus, you can use it more as a personal loan or a credit card. So, if you want to know more about how this credit card works, keep reading our full review!

Credit ScoreFrom fair to excellent.
Annual FeeThis credit card does not charge an annual fee.
Regular APRThis card charges a variable APR that ranges from 8.99% to 29.99%.
Welcome bonusN/A.
Rewards*You can earn 1.5% unlimited cash back on all of the purchases you make with the card.
Logo Upgrade fundo branco

How to apply for an Upgrade card?

Do you need a card with credit card features and personal loan features too? The Upgrade card can be for you. Read more to know how to apply!

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How does the Upgrade credit card work?

You can get cash back on all purchases. Source: Unsplash.
You can get cash back on all purchases. Source: Unsplash.

As a cardholder, you can use this credit card as a personal loan or as a credit card. That is, to use it more like a personal loan, you can opt for getting funds sent to your bank account. After that, you can pay this loan in monthly installments of an equal amount up until a certain period. Also, there is a fixed interest rate, and you cannot use an ATM with this card.

Also, this credit card can make you better manage your finances or get a loan for an emergency. However, the higher your credit score, the better chances you get to receive a 0% intro APR option.

Moreover, this credit card also offers 1.5% cash back for every purchase you make with it. So, this card can be a great choice for those who need to make a loan and use a credit card all in one place.

Upgrade card benefits

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Pros

  • This card does not charge any fees for foreign transactions you make.
  • There is no annual fee or monthly fee.
  • You can get 1.5% cash back on all purchases you make with the card.

Cons

  • You cannot get access to cash advances or ATMs.
  • This credit card does not offer any welcome bonus to its new cardholders.
  • Depending on your situation, you might get a relatively high APR.

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How good does your credit score need to be?

To qualify for this credit card, you need a relatively good credit score. That is, your score should be at least 630 (fair). Plus, if you have a good or excellent score, you can get more certainty of approval.

How to apply for an Upgrade credit card?

See how to apply for this card! Source: Unsplash.
See how to apply for this card! Source: Unsplash.

The application process to get this credit can be very straightforward. So, you can go to the credit card company’s website and complete your process online. So, if you want to know more details about this process, check out our post below and find out!

Logo Upgrade fundo branco

How to apply for a Upgrade credit card?

Do you need a card with credit card features and personal loan features too? The Upgrade card can be for you. Read more to know how to apply!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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