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 objectives. By providing a number of playing cards, we will serve members with numerous credit score backgrounds extra choices to pick out what device works finest 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 might be concerned with bettering their credit score with out the shock charges and gotchas from different banks.
If in case 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 remember that these merchandise are invitation-only and will not be presently broadly accessible.
On a regular basis Money Rewards Card FAQs
Will making use of to the On a regular basis Money Rewards Card impression my credit score rating?
The preliminary SoFi bank card utility is a smooth credit score pull, which can deliver no impression to your credit score rating if you happen to get declined. Nevertheless if you happen to’re accepted – we’ll run a tough pull which can impression your credit score rating.
How do I apply for the On a regular basis Money Rewards Card?
If in case you have acquired an invite to use for this product, please observe the directions you acquired by way of e mail. If in case you have not acquired an invite to use for this product, please remember that this product is in pilot-testing and isn’t presently broadly accessible.
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 buying 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 mechanically 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 cost merchandise.
What are the necessities to get the On a regular basis Money Rewards Card?
To be eligible for a SoFi bank card, you have to be at the least 18 years previous (or the authorized age required by your state of residence), have a bodily U.S. mailing handle, and possess a legitimate Social Safety quantity. The SoFi On a regular basis Money Rewards card is designed for these with good to glorious 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 towards identification theft and fraud.
Can I share this On a regular basis Money Rewards Card provide with buddies or household?
No – the SoFi On a regular basis Money Rewards Card is presently invite solely. Presents are non-transferrable.
Can I make a one-time cost on the On a regular basis Money Rewards Card?
You may arrange auto-pay immediately, however if you wish to make a one-time cost, you are able to do so anytime within the SoFi app.
Important Card FAQs
Will making use of to the Important Card impression my credit score rating?
The preliminary SoFi bank card utility is a smooth credit score pull, which can deliver no impression to your credit score rating if you happen to get declined. Nevertheless if you happen to’re accepted – we’ll run a tough pull which can impression your credit score rating.
How do I apply for the Important Card?
If in case you have acquired an invite to use for this product, please observe the directions you acquired by way of e mail. If in case you have not acquired an invite to use for this product, please remember that this product is in pilot-testing and isn’t presently broadly accessible.
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 towards identification theft and fraud.
Can I share this Important Card provide with buddies or household?
No – the SoFi Important Card is presently invite solely. Presents are non-transferrable.
Can I make a one-time cost on the Important Card?
You may arrange auto-pay immediately, however if you wish to make a one-time cost, 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 every single place Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard Worldwide Included.