Select Page
Stay updated on new credit card offers

welcome offer

Earn up to $200 plus 3% cashback on all purchases for the first year upon approval and once you set up SoFi direct deposits.

Bonus Value

Approximately $200

Annual Fee

$0

Card Rewards

2% cashback on all purchases (when deposited into your Sofi account, invested, or used to pay back a Sofi loan).

Add to compare

Help Me Build Credit has partnered with CardRatings for our coverage of credit card products. Help Me Build Credit and CardRatings may receive a commission from card issuers. The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.

Card Overview

The Sofi card is a new card from Sofi bank. I don't see any major value to the card except for the fact that it's another 2% cashback credit card. The benefits are mostly the standard MasterCard benefits. One thing unique about the card is that it's the only card earning 2% cashback with no annual fee and also no foreign transaction fees. So this is the perfect card for someone studying aboard and looking for a good 2% cash back - no annual fee card.

Card-Smart Tips & Advice
  • Bank: The Sofi card is issued by The Bancorp Bank
  • Credit bureau: Bancorp Bank will usually pull your Experian credit report
Card Details And Benefits
Rewards

- 2% cashback on all purchases (when deposited into your Sofi account, invested, or used to pay back a Sofi loan).

Foreign Transaction Fee

No foreign transaction fee.

Credits

Get $5 towards Lyft rides after completing your first 3 rides within each month.

- $5 off 2 DoorDash orders per month for DashPass members

Cell Phone Protection

Get reimbursed for up to $800 per claim (with a $50 deductible) if your cell phone breaks or gets stolen. To activate coverage, you need to pay your monthly cell phone bill with your SoFi credit card. Max $1,000 or 2 claims per year.

People also viewed:

Spark Cash Business

Spark Miles Business

Venture Rewards

Citi AAdvantage Platinum

Citi Double Cash

Blue Business Plus

Fidelity Credit Card

Blue Business Cash

PayPal Cashback

Delta Reserve Business

BuyPower

Spirit Airlines

TD Double Up

Wells Fargo Active Cash

TD Business Solutions

Spark Cash Plus Business

Capital One Venture X

Nearside Business Debit

Synchrony Premier

PayPal Business Cashback

Upgrade Cash Rewards

Marriott Bevy

Marriott Bountiful

Ink Business Premier

*The estimate is based on our research on what approximate value consumers get when booking travel with points or transferring the points to partner airlines/hotels and booking award travel. You might need to be reward savvy to achieve the proper value. You can find out more on how we value points here

Please note: Although, I put a lot of effort to give my readers unbiased information. I’m legally required to notify you that I may be receiving compensation from credit card companies mentioned on this page. Please see our Advertisement Disclosure for more details.
The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.
Help Me Build Credit has partnered with AwardWallet and CardRatings for our coverage of credit card products. Help Me Build Credit, AwardWallet and CardRatings may receive a commission from card issuers.

Download link sent
succesfully

Got it *please check your promotional inbox

Error sending download link

Try Again