If you recently graduated or started a new job, it may be time to upgrade your credit card. Opting for a new card that will offer great perks and rewards seems like a no-brainer. However, it is a good idea to take a few things into consideration before you make your next move.  

What is an Upgrade? 

Upgrading your credit cards means keeping your current line of credit, but upgrading it to a new card. That means you could be eligible for more perks and rewards with your existing card. This is often a better option than applying for a brand-new card. In some cases, you can even keep the same account, but you will receive a new credit card in the mail. Upgrading your card can give you some great perks like cash back, travel rewards, and Visa Signature Perks. Check with your credit card company to learn about your options.

Closing Your Credit Card vs Upgrading It

Sometimes closing a card might have a negative impact on your credit score. The length of time, credit availability, and available line of credit is often impacted, which impacts your score. Sometimes, you’re better off keeping cards open with a zero balance. That’s why it’s valuable to be given the option to upgrade your existing card without starting a new one. It can help your credit score by increasing the length of your credit history on your credit reports. 

Eligibility Requirements to Upgrade

To find out if you are eligible for an upgrade, take a look at your policy or call the phone number that’s on the back of your card. In most cases, if you are in good standing with the credit card company and you have a good credit report, you will most likely be able to upgrade your card and enjoy some more perks. 


If you’re ready for a change and are interested in learning more about the perks of our Kitsap Credit Card, visit our website or call a Member Specialist today at 800–422–5852.