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 Sutton 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.

⭐ BMO Smart Advantage Checking – $400

BMO Bank is offering a $400 bonus* when you open a BMO Smart Advantage Checking and when you have a total of $4,000 or more in qualifying direct deposits within the first 120 days. It is a very straightforward offer that is available nationwide.

*Conditions apply

👉 Click here to learn more

⭐Citi Priority Account – up to $2000

Citi Priority is offering up to $2000 bonus when you open an account by 1/9/2024. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.

👉 Click here to learn more

Discover Online Savings Account – $150 or $200

Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH923 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.

👉 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® – $200

Chase Bank will give you $200 when you open a Total Checking account and set up and receive a direct deposit 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

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Amalgamated Bank Bonus – up to $250

Amalgamated Bank is a socially conscious bank that will give you up to $250 for opening a money market account and depositing a sizable amount. See the details of this offer to learn more.

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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