SoFi Credit Card – Review

We may be compensated when you click on links from one or more of our advertising partners. Opinions and recommendations are ours alone. Terms apply to offers below. See our Advertiser Disclosure for more details.

"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.

Learn More (at SoFi's secure site)

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:
    • † See terms and conditions:
    • ** 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:

SoFi Credit Card - Fees

  • Annual Fee
    • $0
  • Foreign Transaction Fees
  • 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
Alex Miller

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.

Travel prices are about to surge from pent-up demand.

Use this points strategy to lock in pennies-on-the-dollar pricing in 2021, all without being a frequent flyer...

How do I only pay $30 to go to Hawaii, $200 for business class to Asia or just $150 to Europe?

Discover the real-life strategies that anyone can use to enjoy limitless travel (even on a limited budget!)

Just sign up below and I’ll send you the Limitless Travel Playbook instantly:

We respect your privacy. Please view our privacy policy here.

Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.

Any thoughts or questions? Comment below!

Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. This site does not include all credit card companies or all available credit card offers that are on the market. Click here to see a list of advertisers that we work with.