MastercardSoFi Smart Card
Uncapped 5% at grocery stores on a charge card with no credit check.
Welcome Bonus
None
No welcome offer; requires SoFi Plus membership
Spend Requirement
None
Annual Fee
$0
No FTF
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.
Last verified 2026-06-11 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 5xGrocery stores
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦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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