Upgrade, Inc.

Financial Services96% confidence

Upgrade, Inc. is a financial technology company offering personal loans, credit cards, and banking services through an online and mobile platform.

San Francisco, CA

About Upgrade, Inc.

Upgrade, Inc. is a fintech company that provides consumer credit and banking products primarily online and via its mobile app. Its offerings include personal loans, ‘Upgrade Card’ lines of credit with installment-style repayment, rewards checking and savings accounts, and tools to help consumers monitor and build their credit. Upgrade positions itself as a lower-cost, more transparent alternative to traditional credit cards and personal loans, with a strong focus on predictable payments and financial wellness.

A charge from Upgrade, Inc. on your card or bank statement is typically related to loan disbursements or repayments, Upgrade Card purchases, balance transfers, or associated fees such as interest or late fees. You may also see ACH debits for scheduled monthly loan or card payments, or small test transactions when linking a bank account for payments. If you recently applied for or opened an Upgrade personal loan, Upgrade Card, or checking/savings account, any recurring monthly or periodic charges are likely tied to those products.

To verify or resolve questions about an Upgrade charge, log into your Upgrade account via their website or mobile app and review your loan, card, or account activity and statements. Compare the transaction date and amount with your payment schedule or recent card purchases. If something doesn’t match, you can contact Upgrade customer support using the contact options listed in your account or on their website. For disputed or unauthorized charges, notify both Upgrade and your bank or card issuer promptly and keep any related emails, statements, or loan documents for reference.

Bank Statement Variations

1 known variations

These are the raw merchant codes that appear on bank and credit card statements that we've identified as belonging to Upgrade, Inc..

  1. Upgrade, Inc

Frequently Asked Questions

Why do I see a charge from Upgrade, Inc. on my bank or card statement?

Most charges from Upgrade, Inc. are related to personal loan repayments, Upgrade Card purchases or balance transfers, or associated interest and fees. Log into your Upgrade account and check your recent activity and payment schedule to see which loan or card transaction matches the charge.

Can Upgrade, Inc. charge my bank account automatically each month?

Yes. When you set up automatic payments for an Upgrade personal loan or Upgrade Card, Upgrade will debit your linked bank account on the scheduled due date each month. You can view or change your autopay settings in your Upgrade online account or mobile app.

How do I cancel or close my Upgrade Card or personal loan account?

To close an Upgrade Card or personal loan, you first need to pay the outstanding balance in full. Once your balance is zero and all pending transactions have cleared, contact Upgrade customer support through your online account or via the contact information on upgrade.com to request account closure.

How can I request a refund or reverse a payment made to Upgrade?

If you accidentally made an extra or duplicate payment, contact Upgrade customer support as soon as possible with the payment date, amount, and funding account. While loan and card payments generally cannot be reversed once processed, Upgrade may be able to assist with overpayments or misapplied payments on a case-by-case basis.

Why do I see two Upgrade-related transactions for the same amount on my statement?

You may see a pending authorization and a posted transaction, especially when linking a new bank account, making your first payment, or using the Upgrade Card at certain merchants. The authorization hold usually drops off within a few business days, leaving only the final posted transaction.

How do I contact Upgrade, Inc. about a suspicious or unauthorized charge?

Log into your Upgrade account and review all recent transactions. If you still believe a charge is unauthorized, contact Upgrade customer support using the phone number or email listed in your account or on upgrade.com. Also notify your bank or card issuer immediately to report potential fraud and discuss dispute options.

Where can I find detailed statements for my Upgrade loan or Upgrade Card charges?

Monthly statements and transaction histories are available in your Upgrade online dashboard or mobile app. Navigate to your specific loan or Upgrade Card account to download or view statements, which list all payments, interest charges, and purchases for the period.

Does Upgrade, Inc. charge any hidden fees I should be aware of?

Upgrade discloses fees such as origination fees (on some loans), interest, and potential late or returned payment fees in your credit agreement and account terms. Review your loan or card agreement in your Upgrade account for the exact fee structure tied to your product.

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