The Offer
No direct link to offer, sent out via e-mail. Subject line is ‘<name>, don’t miss out on your $75 bonus’
- Upgrade is offering some existing customers a $75 bonus when they receive one or more direct deposits totaling $5,000 by June 23, 2023 or a $25 bonus when they receive direct deposits of between $1,000 and $5,000
The Fine Print
- The bonus expires on June 23, 2023 11:59 p.m. PT (“Bonus Period”).
- You can qualify for a Direct Deposit Bonus when you (1) use the link in this email to set up an Eligible Direct Deposit to your Rewards Checking account, and (2) make one or more Eligible Direct Direct Deposits by the Bonus Period.
- You can qualify for a $75 bonus when you make Eligible Direct Deposits totaling at least $5,000, or $25 bonus when you make Eligible Direct Deposits totaling between $1,000 and $4,999.99, (each, a “Direct Deposit Bonus”). An “Eligible Direct Deposit” is a recurring deposit to your Rewards Checking account by Automated Clearing House (“ACH”) from your employer, payroll, or benefits provider, or gig economy payer OR a deposit by Original Credit Transaction (OCT) from your gig economy payer.
- Existing direct deposits, one-time direct deposits, including tax refunds, bank ACH transfers, bank verification or trial deposits, peer-to-peer transfers from services, such as PayPal or Venmo, merchant transactions, mobile check deposits, and cash loads or deposits are not Eligible Direct Deposits.
- The Direct Deposit Bonus will be paid to your Rewards Checking account within 30 days of the end of the Bonus Period.
- You must use the link contained in this email to set up the Eligible Direct Deposit, and you cannot qualify for more than one Direct Deposit Bonus.
Our Verdict
We don’t have any datapoints on what codes as a direct deposit for upgrade but nice to see a bonus for existing users.