SoFi Travel Powered by Expedia Promises Members Discounts and Benefits
SoFi Technologies, the digital personal finance company, is jumping into the travel world. The company announced this week that it has partnered with Expedia Group to launch “SoFi Travel powered by Expedia”.
The new travel portal is billed as a new way for SoFi members to save money and earn rewards while traveling. SoFi members will be able to book flights, hotels, car rentals, travel packages, and experiences via the SoFi Travel portal, and will benefit from discounts on bookings with SoFi Member Prices, including savings of 10% or more on select hotels. SoFi Credit Card members will also earn an unlimited 3% cash back rewards when booking with SoFi Travel.
The new travel portal is not live just yet. It will become available to select members next week, and will be rolling out to all members over the coming weeks.
SoFi Travel was created with Expedia Group, who will power the underlying travel search and booking system, delivering a seamless booking experience via the SoFi app or website for members. SoFi members will be able to access Expedia Group’s full customer service team as they navigate bookings and travel, from start to finish.
SoFi members will have access to a wide choice of Expedia Group’s supply, including more than 700K properties, 500+ airlines, 100+ car rental companies, and thousands of activities around the world. The collaboration also enables SoFi to benefit from Expedia Group’s vast amount of data and technology from the platform, and to take advantage of new features and functionality updates.
Beyond the member benefits of competitive discounts and rewards for travel spending, SoFi aims to position itself as a company that will help members plan travel by offering a full suite of financial products and services that make it easy to prepare financially for trips.
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[…] expansion of offerings and improved product uptake. For example, the company’s recent partnership with Expedia to launch “SoFi Travel” (offering member discounts and cashback rewards) showcases […]
This sounds like hype and nothing truly unique.
Yup! I guess we need to wait and see these member deals, but I doubt it’s anything spectacular.