
SoFi Launches New Smart Card
SoFi Technologies has launched a new charge card, the SoFi Smart Card. The card is exclusively available to eligible new SoFi Plus members starting today. The SoFi Plus membership now costs $10/monthly.
Some of the features of the SoFi Smart Card include:
- 5% unlimited cash back rewards at grocery stores. With 5% cash back rewards on grocery store and grocery store delivery purchases using the SoFi Smart Card, members could save over $600 annually based on typical monthly grocery spending.
- Up to 4.30% APY on SoFi Savings balances for up to six months.
- Spending control with a dynamic credit limit based on a member’s Checking and Savings account balances.
- Opportunities to grow credit scores responsibly with on-time payments and no hard credit pull to apply.
- $0 fraud liability, issued via Mastercard to provide the protections of a credit card.
- Fee free access to 55,000+ ATMs worldwide.
- Ways to easily send and receive money through person-to-person payments, Zelle, bill pay, worldwide money transfers, and mobile check deposit.
The Smart Card is exclusively available to new members who join SoFi Plus, SoFi’s premium membership subscription. The card will leverage Mastercard One Credential to allow for multiple payment options.
HT:Â Doctor of Credit


