Has anyone used this credit card yet?
https://www.upgrade.com/upgrade-card/my-five/
It looks like it was released by Upgrade pretty recently. It operates on the line of credit model and I’ve seen reviews of its previous products saying that there is no grace period and that effectively reduces the cashback amount. But a reviewer in this forum https://ficoforums.myfico.com/t5/Credi ... -p/6772958 by the handle “ptatohead” says that he turns on EarlyPay and has never accrued any interest.
Does anyone have experience with such a pay method?
Right off the bat, the fact that you have to specify categories EACH MONTH is kind of a turn off for me. However given the rare number of 5% cashback credit card these days, that’s a pain I’m willing to endure if there is a grace period and I don’t accrue interest from day 1 of my purchases.
https://www.upgrade.com/upgrade-card/my-five/
It looks like it was released by Upgrade pretty recently. It operates on the line of credit model and I’ve seen reviews of its previous products saying that there is no grace period and that effectively reduces the cashback amount. But a reviewer in this forum https://ficoforums.myfico.com/t5/Credi ... -p/6772958 by the handle “ptatohead” says that he turns on EarlyPay and has never accrued any interest.
Does anyone have experience with such a pay method?
Right off the bat, the fact that you have to specify categories EACH MONTH is kind of a turn off for me. However given the rare number of 5% cashback credit card these days, that’s a pain I’m willing to endure if there is a grace period and I don’t accrue interest from day 1 of my purchases.
Statistics: Posted by thentangler — Sat Aug 17, 2024 2:59 am — Replies 2 — Views 164