Pros & Cons

Pros

  • +Welcome Bonus: $750
  • +Up to 3x on gas & EV charging
  • +No annual fee

Cons

  • No purchase protection

Rewards

All Spending

1x

Cash Back pts per dollar

Gas

3x

Cash Back pts per dollar

Restaurants

3x

Cash Back pts per dollar

Telecom

3x

Cash Back pts per dollar

Office

3x

Cash Back pts per dollar

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

¢/ point
0.50¢
Groceries1x
$700/mo
Gas & EV3x
$200/mo
Transit1x
$100/mo
Restaurants3x
$300/mo
Pharmacy1x
$50/mo
Travel1x
$150/mo
Bills & recurring payments1x
$250/mo
Telecom3x
$150/mo
Entertainment & streaming1x
$100/mo
Office supplies3x
$0/mo
All other spending1x
$500/mo

Points Earned

45,600

Cash Back/yr

Estimated Value

$456

After Fees

+$456

1st Year Value

$464

incl. welcome bonus

Breakdown

Groceries$8,400/yr × 1x8,400 pts
Gas & EV$2,400/yr × 3x7,200 pts
Transit$1,200/yr × 1x1,200 pts
Restaurants$3,600/yr × 3x10,800 pts
Pharmacy$600/yr × 1x600 pts
Travel$1,800/yr × 1x1,800 pts
Bills & recurring payments$3,000/yr × 1x3,000 pts
Telecom$1,800/yr × 3x5,400 pts
Entertainment & streaming$1,200/yr × 1x1,200 pts
Office supplies$0/yr × 3x0 pts
All other spending$6,000/yr × 1x6,000 pts
Total annual spend$30,000
Total monthly spend$2,500
Average earn rate on spend per year1.52x
Total points earned45,600 pts
Value of points accumulated in the first year$456

Additional Benefits

$100 annual statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks. The automatic statement credit of $100 per 12-month period is applied within 1-2 statement billing cycles following 11 consecutive months of eligible software service purchases made directly with a software service provider. Employee cards: you may request cards for additional employees on your application, and can add or remove employee cards later. U.S. Bank Spend Management: a platform for monitoring and managing business expenses. Pay over time with a U.S. Bank ExtendPay® Plan — new cardmembers receive a $0 fee offer on ExtendPay Plans opened in the first 60 days after account opening.

Terms & Conditions

Card Features

  • $200 bonus after opening a Rewards Checking Plus account and making 3 debit card transactions*
  • 3% unlimited cash back on every purchase in Home, Health, and Auto categories
  • No annual fee
  • Enjoy Visa Signature benefits, like Roadside Dispatch, Price Protection, Extended Warranty and more
  • Up to 10% cash back from your favorite brands with Upgrade Shopping
  • No touch payments with contactless technology built in
  • See if you qualify in seconds with no impact to your credit score
  • Great for large purchases with predictable payments you can budget for
  • Mobile app to access your account anytime, anywhere
  • Use your card anywhere Visa is accepted
  • Relax knowing that you are protected in case of unauthorized transactions with Visa’s Zero Liability Policy
  • *To qualify for the welcome bonus, you must open and fund a new Rewards Checking Plus account through Upgrade and make 3 qualifying debit card transactions from your Rewards Checking Plus account within 60 days of the date the Rewards Checking Plus account is opened. If you have previously opened a checking account through Upgrade or do not open a Rewards Checking Plus account as part of this application process, you are not eligible for this welcome bonus offer. Your Upgrade Card and Rewards Checking Plus account must be open and in good standing to receive a bonus. To qualify, debit card transactions must have settled and exclude ATM transactions. Please refer to the applicable Upgrade Visa Debit Card Agreement and Disclosures for more information. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking Plus account as a one-time payout credit within 60 days after meeting the conditions. This one-time bonus is available through this Upgrade Card offer and may not be available for other Upgrade Card offers.

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Milesopedia USA may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 US Bank. All trademarks are property of their respective owners.