Update 9/23/24: Rate now 4.69%
Update 8/17/24: Rate now 5.02%
Update 3/26/24: Extended until April 30, 2024 but the new tiers are worse:
Offer Period for new customers to open an account ends on Apr 30, 2024. New customers qualify for a $50 bonus by depositing $15,000, a $100 bonus by depositing $30,000, or a $200 bonus by depositing $50,000 by 30 days post account opening.
Hat tip to reader Gadget
Update 3/12/24: Extended until Mar 31, 2024
Contents
The Offer
- Upgrade is offering a referral bonus of between $75 and $500 for both the referrer and the new customer when the new customer opens a new Upgrade Premier Savings account. (Account currently earns 5.21% APY.)
- Must fund the account within 30 days and leave the funds for an additional 60 days.
- Deposit $15,000+ and get $75 each
- Deposit $30,000+ and get $150 each
- Deposit $50,000+ and get $300 each
- Deposit $100,000+ and get $500 each
Note, referral bonuses are limited to 10 per account during the term of the Program.
Our Verdict
This is better than the prior tiers of the bonus at $50-$200. Given the nice 5.21% savings rate this can be a great deal to get up to up to $500, especially for someone in 2-player mode.
No referrals in the comments below. You can find referral links on this dedicated page (it’s now closed for new comments so you can’t share your referral there either).
Hat tip to reader Jimmy Johns
