SoFi Smart Card
By Alex Compton · Last verified
Uncapped 5% at grocery stores on a charge card with no credit check.
Welcome Bonus
Under review
Current claim suppressed
Spend Requirement
Under review
Annual Fee
Under review
Last recorded terms remain in the history below
Credit Score
No
credit check (secured by SoFi balance)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
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 | Archive record · no attached snapshot |
| 2025-12 | $0 | No recorded spend | Earliest recordLaunch for new SoFi Plus members | 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.
Source checked 2026-06-11 · spot an outdated offer? Report a correction above.
Last Recorded Earning Rates
These terms are historical context and are not presented as current.
- 5xGrocery storesUncapped; excludes superstores, warehouse clubs, delivery and meal kits
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.
- ✦No hard credit pull; spending limit equals your SoFi Checking and Savings balance
- ✦Charge card structure, balance is paid in full from your account
- ✦Built-in fraud protection and ATM access through SoFi
Why it earns its spot
- +Unlimited 5% on groceries beats every traditional grocery card
- +No credit check makes it accessible regardless of score
Where it costs you
- −Requires SoFi Plus at $10 a month plus SoFi Checking and Savings
- −Earns nothing outside the grocery category
- −Walmart, Target and Costco do not count as grocery stores
The Compound Verdict
The replacement for SoFi's discontinued 2% credit card is really a banking hook: 5% uncapped at grocery stores is best in class, but the $120 a year SoFi Plus requirement means you need about $2,400 of annual grocery spend just to break even on the membership. Worth it for big grocery households already banking with SoFi, a pass for everyone else.
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