2024.4 Replace: There’s a brand new characteristic Reward Enhance: you probably have Sofi Checking and have Direct Deposit (DD) each month, then your cashback fee is 2.2% on every thing.
Utility Hyperlink
Advantages
Earn 2.2% money again on all eligible purchases! No cap. You may earn 2% simply with this bank card, and earn extra 0.2% you probably have Sofi Checking and have Direct Deposit (DD) each month.Cellular phone safety: stand up to $800 per declare and $1,000 per 12 months in cellphone safety in opposition to lined theft or harm for telephones listed in your month-to-month cellphone invoice if you pay it along with your eligible bank card. Deductible $50.No international transaction payment.
No annual payment.
Disadvantages
Presently there’s no welcome supply.In regards to the factors worth: if you happen to redeem factors as money deposited into your SoFi Cash or SoFi Make investments or a Sofi mortgage account, then your factors will redeem at a fee of 1 cent per level. When you redeem factors as an announcement credit score into your SoFi Credit score Card account, then your factors will redeem solely at a fee of 0.5 cents per level.
Abstract
That is one other 2% money again no annual payment card, just like Citi Double Money (DC) (MasterCard), Constancy Rewards (Visa), and Synchrony PayPal Cashback (Mastercard). This card is exclusive amongst them as a result of it has no FTF, and it has cellphone safety. So if you happen to want these options, this card is an effective alternative!
In case you have Sofi Checking and have Direct Deposit (DD) each month, then 2.2% is the best cashback fee among the many playing cards with no annual payment no asset requirement.
