If you’re already leveraging SoFi’s ecosystem, whether banking, investing, or borrowing, this card pairs nicely with that setup. It offers a straightforward rewards structure, no annual fee, and seamless integration with SoFi services—making your money work harder for you.
🎁 Cash Back Rewards Made Easy
- Earn 2% cash back (2 points per $1) on all eligible purchases, with no cap and no rotating categories.
- Get 3% cash back when booking travel through the SoFi Travel Portal (powered by Expedia).
- Redeem your rewards as statement credits—or funnel them into SoFi checking, savings, or investing accounts at 1¢ per point.
- No annual fee and no foreign transaction fees make this card travel-friendly too.
💸 Low Fees, No Intro APR—Know What to Expect
- There is no introductory 0% APR offer. Carrying a balance means paying interest.
- Standard APR ranges between 19.24%–29.74% (variable) based on creditworthiness.
- Balance transfer and cash advance fees: Each is the greater of $10 or 5% of the amount. Cash advances carry a higher APR (~31.24%).
📊 Designed to Reward SoFi Loyalists
- The card is best suited for existing SoFi customers—it maximizes value when rewards are redeemed within the platform.
- You’ll gain exclusive surprise perks like up to $1,000 in cell phone insurance, World Elite Mastercard benefits, ShopRunner access, lyft credits, and more.
📱 Tools, Security & User Experience
- Full digital management via the SoFi app/portal—track rewards, payments, and credit score (for SoFi members).
- Zero Liability protection, EMV chip security, and Mastercard benefits like identity theft protection and travel assistance.
- No surprises—this card has no annual fees, no foreign transaction fees, and transparent conditions.
⚠️ What to Consider Before You Apply
| Weakness | Why it matters |
|---|---|
| No sign-up bonus | Others offer hundreds of dollars in bonus value upfront. |
| Limited redemption flexibility | Rewards must be used with SoFi accounts—not transferable to PayPal, statement credit directly to external bank, or frequent flyer programs. |
| No introductory APR | If you carry a balance, the APR will erode your reward value quickly. |
| Requires good/excellent credit | Typical approval requires FICO score of ~700+ and solid credit history. |
✅ Who Should Consider This Card?
Best if you:
- Are already part of the SoFi ecosystem (banking, investing, loans).
- Want simple, flat-rate cash back on all your purchases.
- Value convenience and integration over flexibility.
Not ideal for you if:
- You prefer rewards you can redeem anywhere (e.g., travel, gift cards, statement credit to an external bank).
- You’re looking for introductory APR offers.
- You want a sign‑up bonus or rotating rewards categories.
🚀 How to Apply
- Visit the official SoFi credit card page—search “SoFi Unlimited Credit Card”.
- Prequalify with a soft inquiry to check odds without affecting your credit score.
- Submit your application and provide basic income/employment info—decisions are usually instant.
- Once approved, add the card to your SoFi app and start earning and redeeming rewards aligned with your SoFi products.
Bottom line:
The SoFi Unlimited 2% Credit Card offers hassle-free cash back and smart integrations, ideal for SoFi users. If you’re outside their financial ecosystem or want broader redemption options, other cards may deliver better flexibility and upfront value.
