Is the Upgrade Credit Card a good first time credit card? This question is about the Upgrade Cash Rewards Visa®

No, the Upgrade Cash Rewards Visa® Card is not a good first-time credit card because it is only available to people with fair credit or better. People who’ve never owned a credit card are unlikely to get approved unless they’ve built fair credit through other means. There are plenty of good first-time credit cards on the market, though. Best First-Time Credit Cards Overall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn MoreStudents: Capital One SavorOne Student Cash Rewards Credit CardCapital One SavorOne Student Cash Rewards Credit CardLearn MoreLearn MoreCash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn Moreon issuer's websiteBest Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn MoreNo Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website You can learn more about the best first-time credit cards on WalletHub.

Ad Disclosure Ad Disclosure

Is the Upgrade Credit Card a good first time credit card?

Answer Question Report Abuse

This question is about the Upgrade Cash Rewards Visa®

see this user

Chip Lupo, Credit Card Writer

@CLoop • 09/09/22 This answer was first published on 09/09/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

No, the Upgrade Cash Rewards Visa® Card is not a good first-time credit card because it is only available to people with fair credit or better. People who’ve never owned a credit card are unlikely to get approved unless they’ve built fair credit through other means. There are plenty of good first-time credit cards on the market, though.

Best First-Time Credit Cards

Overall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn More
Students: Capital One SavorOne Student Cash Rewards Credit CardCapital One SavorOne Student Cash Rewards Credit CardLearn MoreLearn More
Cash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn Moreon issuer's website
Best Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn More
No Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website

You can learn more about the best first-time credit cards on WalletHub.

Answer Question

What is the Upgrade Credit Card credit score requirement?

The Upgrade card credit score requirement is 640, which means that applicants need fair credit or better for approval. But credit score isn’t the only thing that matters when it comes to getting approved for the Upgrade card. Upgrade will also look at the applicant’s income, recent credit inquiries, other debts and more.

While the Upgrade card’s credit score requirement plays a big role in whether you get approved for the card, your credit...

read full answer

What's the starting credit limit for the Upgrade Credit Card?

The starting credit limit for the Upgrade Credit Card is $500, at a minimum. So, everyone who gets approved for this card is guaranteed a credit limit of at least $500. Particularly creditworthy applicants could get limits a lot higher than that, however. The higher an applicant’s credit score and income are, the higher the starting credit limit is likely to be.

Keep in mind that you can ask to get a credit limit increase by calling the Upgrade Credit Card customer service number...

read full answer

Does the Upgrade Card do a hard pull?

Yes, the Upgrade Card will do a hard pull and you'll need a credit score of at least 700 to get it.

You can prequalify for the Upgrade Card and they will inform you of your credit line and rate, but you will need to submit an actual application if you want the card, which will result in a hard pull.

A hard pull usually causes an applicant's credit score to drop by...

read full answer

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.