SoFi Smart CardSoFi
Terms checked 2026-10-12
Uncapped 5% at grocery stores on a secured card with no hard credit pull.
Special bonusAF: $0Rating: 6.9/10
SoFi Credit Card
By Alex Compton · Last verified
2% back into your SoFi accounts, if you can still get an invite.
★ 5.5/10SoFipersonalCash Back
DiscontinuedBest for: Existing SoFi members with an invite
Welcome Bonus
None recorded
Last recorded offer
Spend Requirement
None recorded
Last recorded requirement
Annual Fee
$0
Last recorded · No FTF
Credit Score
680+
(Good)
Common Questions
Is the SoFi Credit Card discontinued?
Yes. No welcome offer, card is invitation-only for existing SoFi members. 2% back into your SoFi accounts, if you can still get an invite.
What can I use instead of the SoFi Credit Card?
The closest open alternatives we track are the SoFi Smart Card, Capital One Savor, Chase Freedom Unlimited. Each links to our full review with its current offer and complete breakdown.
Open Alternatives
The SoFi Credit Card is no longer open to new applicants. Compare these cards for a similar use.
Capital One SavorCapital One
Terms checked 2026-10-23
No-annual-fee cash back on eligible food, entertainment and streaming purchases
$200 bonus (≈$200)AF: $0Rating: 8.5/10
Terms checked 2026-11-02
1.5x on everything, and a points multiplier when paired with a Sapphire.
20,000 pts bonus (≈$200)AF: $0Rating: 8.4/10
Historical Offers Chart
Dated offer history for this discontinued product.
No numeric welcome bonus recorded
This product has no points- or cash-denominated offer to plot. Dated no-offer observations, non-points benefits, corrections, and primary-source links remain preserved in the table below.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-06 | $0 | No recorded spend | Terms reconfirmedNo welcome offer, card is invitation-only for existing SoFi members | Archive record · no attached snapshot |
| 2021-01 | $0 | No recorded spend | Earliest recordOpen to public applications, no standing bonus | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledgerEvent-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.
Historical record · spot an outdated offer? Report a correction above.
Last Recorded Earning Rates
These terms are historical context and are not presented as current.
- 2xAll purchases (redeemed into SoFi bank, invest or loan accounts)
Last Recorded Credits
No statement credits, this card wins on earn rates, not coupons.
Last Recorded Benefits
Confirm availability and enrollment requirements with the issuer.
- ✦Rewards redeem at full value into SoFi savings, investing or loan paydown
- ✦Cell phone protection
- ✦No foreign transaction fees
Why it earns its spot
- +Clean 2% when redeemed into the SoFi ecosystem
- +Rewards toward loan paydown is a nice touch
Where it costs you
- −Closed to public applications, invitation-only via email offers
- −Some legacy holders were hit with a $10 monthly fee in 2026
- −Redemption outside SoFi accounts is worth less
The Compound Verdict
Once a solid 2% card for SoFi loyalists, now effectively unobtainable: applications are invitation-only and SoFi has been reshuffling its card lineup around the new Smart Card. If you do not already hold it, plenty of open 2% cards do the same job without the drama.
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