What about the $200 Upgrade Card welcome bonus?

A few things have changed this the $200 bonus offer was up for grabs. Upgrade has changed its checking account name from Rewards Checking Plus to Rewards Checking Preferred, and the $200 bonus offer for the Upgrade Card is no longer advertised on the site.

Are there banks with immediate signup bonuses?

Unfortunately, most banks don't pay signup bonuses immediately. Most bonuses have specific conditions to meet, such as spending a certain amount within a designated period. After meeting those conditions, most banks will issue the signup bonus within 30 to 90 days, provided your account remains open and in good standing.

Upgrade Checking Account Bonus & Promos: 2026

Upgrade offers a variety of banking and lending products, including the Upgrade card with credit lines up to $25,000 and cash back on purchases — a perk typically reserved for credit cards. It used to offer a $200 welcome bonus offer, but that is no longer on the table.

All Upgrade bonuses at a glance

Bonus type	Bonus amount	Requirements	Learn more
Upgrade Card welcome bonus [EXPIRED]	$200	Open and fund a new Preferred Checking account and make three qualifying debit card transactions using the Upgrade Card within 60 days of opening. [EXPIRED] New customers only.	Read Review

9.2 Excellent

Go to site

Capital One 360 Checking

An interest-bearing checking account with flexible overdraft options and international access.

$0 monthly fees
Large ATM network (70,000)
Multiple overdraft protection options
0% foreign transaction fees
Works with Zelle

Partner terms and conditions

Bonus spotlight

If you’re still in the market for an account, check out Finder rewards for more opportunities.

Upgrade’s best bonus offer

Upgrade doesn’t have any active bonus offers at the time of writing.

Compare more bank account bonuses

Since Upgrade doesn’t have any offers right now, compare other top bonus offers.

Bank	Bonus offer	More info
Axos Bank	$50	Learn more
SoFi®	$50 or $400	Learn more
Capital One	Up to $1,500	Learn more
PNC	Up to $1,000	Learn more
Varo	Up to $100	Learn more
Fifth Third Bank	Up to $300	Learn more

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking/checking-offer/

Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet

We do not charge any account, service, or maintenance fees for SoFi Checking and Savings. We do charge transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.

Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.

Earn up to 4.00% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.10% APY as of 5/28/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at sofi.com/banking#4. SoFi Bank, N.A. Member FDIC.

What does Upgrade consider a qualifying transaction?

Upgrade does not consider the following transactions as qualifying for bonuses or rewards:

ATM transactions
In-store cash withdrawals or cashback transactions
Transactions identified by a merchant as not eligible for rewards

But you must be comfortable with an all-digital banking process as Upgrade doesn’t have physical branches. Plus, it doesn’t allow cash deposits. If Upgrade isn’t right for you, compare more bank account bonuses to earn some extra cash when you’re switching banks.

Frequently asked questions

Thank you for your feedback!

To make sure you get accurate and helpful information, this guide has been edited by Bethany Hickey as part of our fact-checking process.

Written by

Holly Jennings

Deputy Crypto Editor

Add to Preferred Sources

Holly Jennings is the deputy crypto editor and updates writer at Finder, working with writers across all niches to deliver quality content to readers. She’s edited hundreds of financial articles ranging from credit cards to investments. With empathy at heart, she especially enjoys content that breaks down complex financial situations into easy-to-understand information. Prior to her role at Finder, she collaborated with dozens of small businesses to maximize the reach and impact of their blog posts, website copy and other content. In her spare time, she is an award-winning author for Penguin Random House, writing about virtual reality worlds, magical girls and lasers that go pew-pew. See full bio

Holly's expertise

Holly has written 49 Finder guides across topics including:

Cryptocurrency
Digital assets
Investments
Personal Banking

More resources on Finder

Ask a question

Click here to cancel reply.

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

Is Wells Fargo a Good Bank? (2026)
A Big Four bank with millions of customers, see if Wells Fargo is a good bank for you.
Credit One CD Rates and Review (2026)
High APYs and a variety of term options, but Credit One requires a massive deposit for these jumbo high-yield CDs.
Wells Fargo Bank Account Bonuses and Promotions (2026)
Compare Wells Fargo’s new customer bank account bonus offers for its various personal and business accounts.
Credit One vs. Capital One: Which Bank Is Better? (2026)
Compare account options from Capital One and Credit One Bank side by side.
6 Banks with No Overdraft Fees
SoFi, Chime, Varo, Capital One and Ally are among the top banks with overdraft protection and no overdraft fees.
Wealthfront Cash Account Review: High Yields and Great Perks
Wealthfront’s Cash Account has a very high 4.55% APY, with no monthly fees, and gives you a debit card for spending.
Banks with Instant Mobile Check Deposit Availability
Banks like SoFi, PNC, HSBC, US Bank, Axos, KeyBank, Fifth Third Bank and more offer instant fund availability with mobile check deposit.
Banks like Varo
Close alternatives to Varo include Chime, SoFi, Revolut, Current and more. See how these top alternative banks compare.
9 Top Online Banks like Chime
Top online banks like Chime include SoFi, Revolut, Varo, Current, Capital One, Step, Mine (formerly Fizz) and more. See how these Chime alternatives compare.
Federal Funds Rate History: 1954 to September 2026
Tracking the Fed funds rate from 1954 to now.

Upgrade Promotions and Bonus Offers of September 2026