Advertiser Disclosure Editorial Disclosure

Upgrade Card Introduces Contactless Payments Amid Coronavirus

Last updated on December 18th, 2020

Social distancing is changing the way Americans interact in their daily lives. The effects of the coronavirus pandemic are causing significant upheaval in personal finance, with many becoming wary of the possibility of contracting COVID-19 through cash and credit cards. Because of this fear, contactless payments are gaining popularity. Upgrade is the latest issuer to launch contactless payments with the Upgrade Card.

Coronavirus Boosting Contactless Payments

The move by Upgrade follows on the heels of the World Health Organization (WHO) guidelines that consumers minimize their usage of cash for purchases. The organization warns that coronavirus may remain on banknotes for weeks, though there is insufficient data to confirm this belief.

Despite this uncertainty, contactless and mobile wallet payments are surging in popularity. This swell has had the effect of raising in-store limits on payment allowances and bringing more credit card issuers into the mobile wallet game. The latest player in this COVID-19 contactless payment is Upgrade.

Upgrade Card Contactless and Mobile Wallet Payments

According to Renaud Laplanche, co-founder and CEO of Upgrade, “These new Upgrade Card features enable payments without any surface contact. While more customers have been shopping online since the start of the COVID-19 pandemic, many are still using their cards in stores. We want to do what we can to keep our customers safe and give them a smarter way to pay.”

Upgrade Visa® Card with Cash Rewards

Earn 1.5% Unlimited Cash Back

Upgrade Visa® Card with Cash Rewards
  • Regular Purchase APR 8.99%-29.99% variable based on creditworthiness and the Prime Rate
  • Annual Fee None
  • Credit Needed Excellent , Good , Fair
  • Processing Network Visa
Best Benefits
  • Earn 1.5% unlimited cash back on card purchases every time you make a payment
  • Combine the flexibility of a card with the low cost and predictability of a loan
  • $0 fees - $0 annual fee, $0 activation fees, $0 maintenance fees
  • No touch payments with contactless technology built in
  • See if you qualify in minutes without hurting your credit score
  • Great for large purchases with predictable payments you can budget for
Rates & Fees
  • Regular Purchase APR: 8.99%-29.99% variable based on creditworthiness and the Prime Rate
Credit Card Deals
card
Save 5% at La Quinta Inns & Suites La Quinta Inns & Suites Offer Expires on Dec 12, 2021 See Details
card
Get 10% off when you book online GO Shuttle Offer Expires on Oct 10, 2021 See Details
card
Save 3% on all purchases Boost Mobile Offer Expires on Jan 01, 2022 See Details
card
Rent a Wheels pedal-less E-Bike for safe and efficient Wheels Labs, Inc. Offer Expires on Aug 08, 2021 See Details
card
Save 8% on all purchases Godiva Offer Expires on Aug 08, 2021 See Details
card
Save 2% on purchases of $20 or more Panda Express Offer Expires on Jul 07, 2021 See Details
card
Save 1% on all purchases over $40 Red Robin Offer Expires on Dec 12, 2021 See Details
card
Save 5% on all purchases CoffeeForLess.com Offer Expires on Jun 06, 2021 See Details
card
Save 2% on purchases of $25 or more Corner Bakery Cafe Offer Expires on Oct 10, 2021 See Details
card
Save 2% on purchases of $30 or more at Papa John’s Papa John's Offer Expires on Aug 08, 2021 See Details

About Upgrade

The Upgrade Card has been gaining popularity in the United States since its launch in October 2019. The card is a unique combination of traditional credit card and personal loan. The Upgrade Card comes with credit limits of up to $20,000 and individual repayment plans of 12, 24, 36, or 60 months. In addition, Upgrade comes with interest rates as low as 8.99%, meaning consumers can pay off their existing debts significantly faster than with other credit products.

Since 2017, Upgrade has originated over $2.5 billion in loans and credit, including $500 million through the Upgrade Card. Cross River Bank, a New Jersey Chartered Commercial Bank and Member FDIC, issues Upgrade’s personal lines of credit. Sutton Bank, member FDIC issues the Upgrade Card through a license from Visa USA.

Related Article: How to Quickly Eliminate Credit Card Debt

About: Cory
Cory Santos

Cory is BestCards.com's "Jack of all trades" and resident credit expert, covering all facets of the credit card space. In addition to credit cards, Cory finds that jogging, cats, and memes are essential parts of a balanced day.