SoFi Credit Card
SoFi (Mariner Finance) · Cashback · Statement Credit
This comprehensive guide covers the SoFi Credit Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The SoFi Credit Card from SoFi (Mariner Finance) offers cashback rewards credited directly to your statement at 2%. Top earning categories include 2% cash back on all purchases (when redeemed into sofi investing or banking) and more. This card has no annual fee.
Best for: General Online, Electronics Accessories, Grocery, Dining
Reward Examples
Spend $1,000 on General online → earn $20 (2%) · 2% cash back on all purchases (when rede
Spend $1,000 on General online → earn $19 (2%) · 1.9% cash back on all purchases (when re
Official product page → Official rules →
Waiver: No annual fee
Reward Rules
- 2% 2% cash back on all purchases (when redeemed into SoFi Investing or Banking)
- 2% 1.9% cash back on all purchases (when redeemed as statement credit)
Important Notes
- Full 2% rate requires redeeming rewards into SoFi Banking, SoFi Invest, or SoFi Active Invest accounts.
- Statement credit and direct deposit redemptions earn slightly less.
- No foreign transaction fees and no annual fee.
- Includes cell phone protection up to $1,000 (with certain conditions).
- Welcome bonus up to $200 (evolving terms).
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
SoFi Credit Card vs Similar Cards
- Alliant Cashback Visa® Signature Card — 3% top rate · $0
- Alliant Platinum Visa® Card — 2% top rate · $0
- Blue Cash Everyday Card from American Express — 3% top rate · $0
Maximize Your Rewards
To earn the highest rewards, use the SoFi Credit Card for its bonus categories: General Online, Electronics Accessories, Grocery, Dining, Travel.