Sofi Credit Card
Sofi Credit Card
in Personal Credit Cards from SoFi

Sofi Credit Card

in Personal Credit Cards from SoFi
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Purchase APR  (Variable APR) 13.24% - 25.49%
Balance Transfer APR  (Variable APR) 13.24% - 25.49%
Credit Score Range Up to 850
Annual Fee $0

Sofi Credit Card Review

This is a cashback credit card issued by SoFi. If you're wondering whether Sofi Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

Key Takeaways
  • Competitive APRs. Sofi Credit Card has a variable purchase APR that ranges from 13.24% up to 25.49%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
  • Annual fee waived the first year. Sofi Credit Card gives you the chance to have the card for a year without paying the $0 annual fee.
  • 5% Balance transfer fee. Sofi Credit Card charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $10.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
Pros & Cons of Sofi Credit Card
The Good The Bad
  • Potentially lower than average purchase APRs.
  • No annual fee.
  • Annual fee waived during the first year.
  • Identity Theft Protection.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • Sofi Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a 5% balance transfer fee.
  • Does not include many credit card benefits.
Sofi Credit Card FAQ

Does Sofi Credit Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

Sofi Credit Card Rewards
Rewards rate (all purchases) N/A
Max rewards rate N/A
Annual rewards limit N/A

Does Sofi Credit Card have a signup bonus?

This card doesn't offer a cash signup bonus.

Does Sofi Credit Card offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the Sofi Credit Card benefits?

It provides the following benefits:

  • Cell Phone Protection
  • Reports to major credit bureaus

What are the relevant APRs for Sofi Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Sofi Credit Card has a variable purchase APR that ranges from 13.24% up to 25.49%. The card has a variable balance transfer APR that ranges from 13.24% up to 25.49%. It also has a variable cash advance APR starting at 27.24% .

Does Sofi Credit Card have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does Sofi Credit Card have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Sofi Credit Card?

The following fees apply:

Sofi Credit Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.

Does Sofi Credit Card have a foreign transaction fee?

This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.

What is the customer service phone number for Sofi Credit Card?

The Sofi Credit Card customer service number is (844) 945-7634.

What is the support contact email for Sofi Credit Card?

The support contact email for Sofi Credit Card is

How do people rate the customer service and user experience of Sofi Credit Card?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

Does Sofi Credit Card report your account activity to credit bureaus?

Yes, Sofi Credit Card reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Sofi Credit Card

  • Visit the Sofi Credit Card website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.


Hours of Operation

  • Sunday 4:00am - 5:00pm
  • Monday 4:00am - 9:00pm
  • Tuesday 4:00am - 9:00pm
  • Wednesday 4:00am - 9:00pm
  • Thursday 4:00am - 9:00pm
  • Friday 4:00am - 5:00pm
  • Saturday 4:00am - 5:00pm

Other Services by SoFi


  Available in 29 states and Washington, D.C.
  • Alabama
  • California
  • Colorado
  • Washington, DC
  • Delaware
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Louisiana
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • North Carolina
  • Nevada
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Vermont
  • Washington
  • Wyoming

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Annual Fee
No Foreign Transaction Fee
No Annual Fee First Year
Annual Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 5%
Minimum Cash Advance Fee ($) Starting at $10
Minimum Interest Charge $1
Returned Payment Fee Starting at $39
Late Fee Amount Starting at $39
Customer Type Personal
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
  • Tax Returns
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Checking Account Required
Credit Score Range - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Cellular Telephone Protection
Rewards Categories
  • Starting at 2% Cash Back on Every Purchase
Cash Advance APR (Variable APR) Starting at 27.24%
Credit Limit Starting at $1,000
Purchase APR (Variable APR) 13.24% - 25.49%
Balance Transfer APR (Variable APR) 13.24% - 25.49%
Balance Transfer Fee Minimum $10
Balance Transfer Fee % 5%
Card Type
  • Rewards
  • Cashback
Card Network Mastercard

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