SoFi is piloting two new invitation-only bank cards – the SoFi On a regular basis Money Rewards Credit score Card and the SoFi Important Credit score Card. These new playing cards mirror SoFi’s dedication to serving to our members obtain their targets. By providing a number of playing cards, we are able to serve members with numerous credit score backgrounds extra choices to pick out what device works greatest for them.
The SoFi On a regular basis Money Rewards Credit score Card helps our members steadiness their on a regular basis way of life whereas additionally working towards their monetary future. Whether or not it’s eating out, eating in by means of meals supply apps, or shopping for groceries for meal prep, this card helps members maximize their rewards on their on a regular basis spending. Earn 3% money again rewards on eating (together with takeout and supply apps); 2% on grocery shops (together with on-line supply); and 1% on the whole lot else.
The SoFi Important Credit score Card provides our members credit score they’ll depend on – it’s designed for members which are concerned with enhancing their credit score with out the shock charges and gotchas from different banks.
When you have acquired an invite to use for these two merchandise, please observe the directions you acquired by way of e-mail. In any other case, please bear in mind that these merchandise are invitation-only and are usually not at present broadly obtainable.
On a regular basis Money Rewards Card FAQs
Will making use of to the On a regular basis Money Rewards Card affect my credit score rating?
The preliminary SoFi bank card utility is a mushy credit score pull, which can deliver no affect to your credit score rating should you get declined. Nonetheless should you’re accepted – we are going to run a tough pull which can affect your credit score rating.
How do I apply for the On a regular basis Money Rewards Card?
When you have acquired an invite to use for this product, please observe the directions you acquired by way of e-mail. When you have not acquired an invite to use for this product, please bear in mind that this product is in pilot-testing and isn’t at present broadly obtainable.
How do I earn money again rewards on the On a regular basis Money Rewards Card?
You’ll earn limitless 3% money again rewards on all kinds of eating out and eating in choices:
Eating out contains all kinds of classes like eating places, cafes, bars, lounges, quick meals chains, and bakeries. Eating in contains meals supply platforms like DoorDash and UberEats.
You’ll earn limitless 2% money again rewards on on a regular basis grocery procuring at all kinds of grocery shops, on-line grocery supply, and comfort shops nationwide.
You’ll earn limitless 1% money again on all different purchases. That is robotically utilized to each buy you make – whether or not you swipe, dip, faucet, or pay on-line. See extra particulars at https://www.sofi.com/card/rewards?cardType=h
How can I redeem the money again rewards on the On a regular basis Money Rewards Card?
You may redeem rewards as assertion credit or distribute them throughout different SoFi merchandise together with however not restricted to SoFi Checking & Financial savings, Make investments, Journey, and eligible SoFi mortgage fee merchandise.
What are the necessities to get the On a regular basis Money Rewards Card?
To be eligible for a SoFi bank card, you should be at the very least 18 years outdated (or the authorized age required by your state of residence), have a bodily U.S. mailing deal with, and possess a sound Social Safety quantity. The SoFi On a regular basis Money Rewards card is designed for these with good to wonderful credit score.
How do ID Theft Safety and Zero Fraud Legal responsibility work for the On a regular basis Money Rewards Card?
At SoFi, the safety of our members is of the utmost significance. Click on right here to study extra about how we shield you in opposition to id theft and fraud.
Can I share this On a regular basis Money Rewards Card supply with buddies or household?
No – the SoFi On a regular basis Money Rewards Card is at present invite solely. Presents are non-transferrable.
Can I make a one-time fee on the On a regular basis Money Rewards Card?
You may arrange auto-pay instantly, however if you wish to make a one-time fee, you are able to do so anytime within the SoFi app.
Important Card FAQs
Will making use of to the Important Card affect my credit score rating?
The preliminary SoFi bank card utility is a mushy credit score pull, which can deliver no affect to your credit score rating should you get declined. Nonetheless should you’re accepted – we are going to run a tough pull which can affect your credit score rating.
How do I apply for the Important Card?
When you have acquired an invite to use for this product, please observe the directions you acquired by way of e-mail. When you have not acquired an invite to use for this product, please bear in mind that this product is in pilot-testing and isn’t at present broadly obtainable.
How do ID Theft Safety and Zero Fraud Legal responsibility work?
At SoFi, the safety of our members is of the utmost significance. Click on right here to study extra about how we shield you in opposition to id theft and fraud.
Can I share this Important Card supply with buddies or household?
No – the SoFi Important Card is at present invite solely. Presents are non-transferrable.
Can I make a one-time fee on the Important Card?
You may arrange auto-pay instantly, however if you wish to make a one-time fee, you are able to do so anytime within the SoFi app.
Disclosure: SoFi Credit score Playing cards are issued by SoFi Financial institution, N.A. pursuant to license by Mastercard® Worldwide Included and can be utilized in all places Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard Worldwide Included.
