Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Brittney Myers, David Chang, The AscentOffers cash back rewards on every purchase and higher rewards for SoFi Travel purchases, all for no annual fee. To maximize your rewards, you will need to redeem rewards into an eligible SoFi account, however.
- Rebecca Lake, MyBankTrackerThe SoFi Credit Card may be a worthwhile card option if you already have accounts with SoFi. How valuable this card turns out to be depends on the amount of rewards you earn and how you use them. If you're adding them to a SoFi savings or investment account or paying down debt, then you'll get more...
- Eric Rosenberg, TimeThe Sofi Credit Card is a solid option for flat-rate cash back and stands out as an excellent choice for SoFi customers with direct deposit at SoFi Bank, thanks to the elevated 3% cash back rate in the first year for up to $12,000 in purchases. That 3% rate is worth up to $360 alone. Then you’ll ear...
- Brian Martucci, Money CrashersThe SoFi Credit Card is a straightforward cash-back card that earns 2% back on most purchases and 3% back on eligible travel purchases. With no annual fee and potentially valuable perks beyond its rewards program, it easily pays for itself. But the missing sign-up bonus and 0% intro APR offer lessen...
- Ben Luthi, Credit KarmaThe SoFi Credit Card could be worth considering if you already have an account with SoFi (like a bank account, investment account, personal loan or student loan), and would like to keep your financial accounts under one roof. In fact, it likely doesn’t make sense to use the card unless you already h...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
20.24% ‐ 29.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
20.24% ‐ 29.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
32.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
5% Minimum of $10 |
| Cash Advance Fee |
5% Minimum of $10 |
| Foreign Transaction Fee | $0.00 |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$41.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | 2% cash back |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
Earn 3% cash back when you use your SoFi credit card to book trips through the new SoFi Travel powered by Expedia |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | No |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | No |
| Zero Liability | Yes |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments |
Currently available for SoFi members notified via email. |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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