My Five

MyFive Cash Rewards

5% Cash back

on purchases in the category of your choice¹

1% Cash back

on all other purchases¹

No annual fee
Credit lines from $500 to $25,000²

Get Started

Checking your rate is free and won't impact your credit score

$200 bonus

when you also open a Rewards Checking Plus account and make 3 debit card transactions³

$200 bonus

when you also open a Rewards Checking Plus account and make 3 debit card transactions³

5% cash back rewards in the category of your choice¹

Choose your 5% category each month

Earn 5% on up to $1,500 in quarterly spend

Groceries

Merchant examples:
Kroger, Publix, Meijer, Safeway, and more.

TV, Internet and Streaming Services

Merchant examples:
Netflix, Spectrum, Comcast, Spotify, and more.

Dining

Merchant examples:
McDonald's, Starbucks, UberEats, Waffle House and more.

Gas and EV Charging Stations

Merchant examples:
Shell, Exxon/Mobil, Chevron and more.

Travel

Merchant examples:
American Airlines, Marriott, Hilton, Delta Airlines and more.

Cell Phone Providers

Merchant examples:
AT&T, T-Mobile, Verizon Wireless, Sprint and more.

More 5% cash back categories

Home Utilities

Drug Stores

Pet Care and Stores

1% cash back on all other purchases

All Cash Back Rewards are earned when you pay eligible purchases back. Merchants set their own category codes and therefore purchases may not appear in categories as expected. The listed merchants are examples of companies where purchases made at these companies will typically appear in the stated category as appropriate. Upgrade is in no way affiliated with these merchants or endorsing any of their products or services, nor are these merchants considered sponsors or co-sponsors of this program. All trademarks are the property of their respective owners.¹

You´re in Control with Upgrade Card

Combine the flexibility of a cash back rewards credit card with the predictability of a personal loan

Convenient

Swipe, tap, insert or purchase online anywhere Visa⁴ is accepted to get rewarded with up to 5% cash back in the category of your choice¹

Lower cost

Set payoffs so you can bring your balance down faster so you can pay less interest

And, no annual fee

Predictable

Pay down balances from each month at a fixed rate and term. Or pay no interest when you pay your full balance early⁵

How it works

Apply for Upgrade Card

Get a credit line from $500 to $25,000²

Tap, swipe, click and go

Use your Upgrade Card anywhere Visa is accepted⁴

Make monthly payments

Pay no interest when you pay your full balance early⁵

Get rewarded

Earn up to 5% cash back on purchases when you pay them back¹

Lower Cost than Traditional Credit Cards

Upgrade Card balances have a fixed rate and term so you know when you pay off your balance and can save on interest. Traditional credit cards can keep you in debt with minimum payments that pay back little of the principal balance.

Bring your balance down faster to pay less interest

Interest paid on a $5,000 balance with Upgrade Card vs. Traditional Credit Card when making a monthly minimum payment

	Upgrade Card	Traditional credit card
Monthly payment	$182.66ⁱⁱⁱ	$125.00ⁱ
Time to pay off the balance	3 yearsⁱⁱⁱ	22 yearsⁱⁱ
Interest paid over that time	$1,575.71ⁱⁱⁱ	$6,923.09ⁱⁱ

i. The minimum payment on a traditional credit card would begin at $125.00 for the first payment and would vary, and decreases, as it’s paid down.

ii. Source: minimum monthly payment calculator available at https://www.bankrate.com/calculators/managing-debt/minimum-payment-calculator.aspx assuming a $5,000 starting balance, “interest + 1%” minimum payment and an interest rate of 18%, which is approximately equal to the national average rate for good credit (source: https://www.cardrates.com/).

iii. Interest of $1,575.71 assumes a $5,000 charge and installment payments of $182.66 for 36 months. Installment payments calculated with 18% APR and 36–month term accounting for interest accrued between the charge date and the due date 51 days later.