Advertiser Disclosure Editorial Disclosure

Upgrade Card Introduces Contactless Payments Amid Coronavirus

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
  • 20% off + Free Shipping on Fanatics.com orders of $49+ - Offer Expires on April 15, 2021 - See Details
  • Stay 3, Pay 2 - Offer Expires on April 30, 2021 - See Details
  • Stay 3, Pay 2 - Offer Expires on December 22, 2021 - See Details
  • Save 10% on Select Regularly Priced Jewelry - Offer Expires on February 03, 2022 - See Details
  • Save 10% and complimentary daily breakfast for two with Preferred Hotels - Offer Expires on March 31, 2022 - See Details
  • Save $25 in the US with 1-800-GOT-JUNK? - Offer Expires on December 31, 2021 - See Details
  • Save 15%* off the Merchandise Value** of your purchase with promotion code VISA38 - Offer Expires on December 31, 2021 - See Details
  • Save 15%* off the Merchandise Value** of your purchase at Harry & David - Offer Expires on December 31, 2021 - See Details
  • Troon® Golf for Visa Infinite - Offer Expires on January 26, 2022 - See Details
  • Sonoma Wine Tastings 2:1 Offer with a Visa Signature or Visa Infinite Card - Offer Expires on December 31, 2021 - See Details
  • View All Deals -

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.