Upgrade Rewards Checking Bonus – $200 Cash

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 Cross River 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.

Table of Contents
  1. How to get $200 from Upgrade Rewards Checking
  2. How does this offer compare?

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.


  • Open a new Upgrade Rewards Checking account, and,
  • Make three qualifying debit card purchases within the first 60 days.

That’s it!

With the Upgrade Cash Rewards 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.

👉 Learn more about this bonus

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.

Barclays – $200

Barclays Bank will give you a $200 if you open a new savings account and deposit $25,000 or more within 30 days and maintain at least $25,000 for the next 120 days. The savings account also pays a competitive interest rate of 4.35% APY while you wait.

👉 Click here to learn more

BMO Relationship Checking – $400

BMO Bank is offering a $400 bonus* when you open a BMO Relationship Checking and when you have at least $7,500 in qualifying direct deposits within the first 90 days. It is a very straightforward offer that is available nationwide.

*Conditions apply

👉 Click here to learn more

Bank of America – $200 Bonus Offer

Bank of America offers a $200 Bonus Offer cash bonus if you open a new account and Set up and receive qualifying direct deposits totaling $2,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.

👉 Click here to learn more

Chase Total Checking® – $300

Chase Bank will give you $300 when you open a Total Checking account and set up and receive direct deposits totaling $500 or more 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!

👉 Click here to learn more

HSBC Premier Checking – up to $4,000

HSBC has an offer where you can get up to $4,000 for eligible new customers who open an HSBC Premier checking account, make a sizable deposit, and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months.

👉 Click here to learn more

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First Horizon Bank Bonus: $450 Checking

First Horizon Bank has a $450 bonus on their checking account with very reasonable qualification requirements. If you've been thinking about getting this account, see how you can get a $450 bonus.

About Jim Wang

Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard's Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology - Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here's my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you're on track to retire when you want. It's free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he's invested in a few pieces of art on Masterworks too.

>> Read more articles by Jim

Opinions expressed here are the author's alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

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