SoFi Credit Card – Review

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"A card to help you pay down your debt"

Earn 2% unlimited cash-back when you redeem it to save invest, or pay down an eligible SoFi loan - all without an annual fee.

Apply Now (at SoFi's secure site)

Alex Miller

- UPDATED: February 23, 2021

SoFi Credit Card - Snapshot

Welcome Bonus & Info (Partner Content)
- Earn 2% unlimited cash back on eligible purchases when redeemed towards investing, saving, or paying down an eligible loan with SoFi.*
- Earn up to $100 when you open and fund a SoFi Money and a SoFi Invest account after getting approved for the SoFi Credit Card (See Terms).
- When you make 12 on-time payments, we'll lower your APR by 1%.†
- No annual fee.†
- No foreign transaction fees
- Cell phone protection (insurance coverage up to $1,000)**
- Mastercard ID Theft Protection™**
- $10 Lyft credit when you take 5 rides per month**
- * See offer details: www.sofi.com/card/rewards
- † See terms and conditions: www.sofi.com/card/terms
- ** Cell Phone Insurance Protection, Mastercard ID Theft Protection™, Lyft and Other Partner Rewards have additional terms and conditions, which can all be accessed through the World Elite Mastercard® Benefits portal. Please see the guide to benefits for details or call 1-800-MASTERCARD.
Card Categories:
- Credit Card Reviews
- No Annual Fee Credit Cards

SoFi Credit Card - Fees

Annual Fee
- $0
Foreign Transaction Fees
$0
Interest Rates
- 12.99%-24.99% Variable APR
Late fees
- Up to $39
Balance Transfers
- 12.99%-24.99% Variable APR
- Fee: The greater of $10 or 5% of each balance transfer
Cash Advance APR
- 26.99% Variable
- Fee: The greater of $10 or 5% of each cash advance

About Alex Miller

Alex has been traveling for over 25 years and from a young age was lucky enough to set out on numerous family trips all over the world, which gave him the travel bug. Alex has since earned millions of travel points and miles, mainly through maximizing credit card sign-up bonuses and taking every opportunity to earn the most points possible on each dollar spent.