Introducing the SoFi Smart Card: The Best All-in-One Account
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The Smart Card offers the best benefits of checking and savings products, debit cards, and credit cards, all in one account. While people use debit cards to avoid paying interest and spending beyond their account balance, they often miss out on rewards and protections typically offered only by credit cards. That’s why this account offers:
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5% unlimited cash back rewards at grocery stores.3 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.4 The unique offering of high rewards on critical products, such as food, aligns the account’s benefits with must-have essentials and avoids incentivizing people to overspend on nonessential goods or services to earn reward points. - 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 payments5 and no hard credit pull to apply.
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$0 fraud liability,6issued 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.
- Access to complimentaryunlimited financial planning and additional benefits with a SoFi Plus membership.7
“Smart Card is the best all-in-one account, hands down,” said
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.
About SoFi
Disclosures
INVESTMENTS AND DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
SoFi Checking and Savings accounts are offered by
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1 Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking & Savings account and enroll in SoFi Plus by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2.
2 The “all-in-one account” includes the benefits and services of the SoFi Smart Card account, SoFi Checking and Savings account and the SoFi Bank Debit Card. Smart Card is a charge card issued by
The “best all-in-one account” is based on a SoFi review of competitive products that offer debit, credit, and savings features, assessing the APY earned on reserved funds, cash-back rates earned on grocery spend, and applicable fees, among other benefits. This review was based on publicly available data as of
The
3 Earn 5% cash back rewards on eligible grocery store purchases with the SoFi Smart Card. Cash back rewards are issued in the form of SoFi Member Rewards points. Members earn 5 points for every dollar spent on eligible grocery store purchases. SoFi, in its sole discretion, determines grocery store eligibility. Superstores like Walmart and Target, warehouse clubs like Costco and Sam’s Club, convenience stores, grocery delivery services, and meal-kit delivery services are not considered grocery stores. All terms and conditions applicable to the use of SoFi Member Rewards apply. To learn more about SoFi Member Rewards, please see the SoFi Member Rewards page. No rewards points will be earned with respect to reversed transactions, returned purchases, cash advances, or other similar transactions.
4 Estimated earnings based on 5% cash back rewards on grocery store purchases and the average monthly grocery spend for a family of four, as reported in the
5 On-time payment history may have a positive impact on a member's credit score. Late payments may negatively impact a member's credit score. SoFi will report members' Smart Card activity to Experian®. Impact on a member's credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors, including the financial decisions members make with other financial services organizations.
6 Zero Liability Fraud Protection is a benefit offered by Mastercard®. Certain Mastercard® Credit Card Benefits have additional terms and conditions, which can be accessed through the Mastercard® Standard Credit Card Benefits portal. Please see your guide to benefits for details or call 1-800-MASTERCARD.
7 SoFi Plus is a premium membership that gives members access to SoFi’s best rewards, benefits, and more when they pay the SoFi Plus Subscription Fee. Between 12/9/25–3/30/26, members with Eligible Direct Deposit or Qualifying Deposits will receive complimentary access to SoFi Plus. Benefits are subject to change and may not be available to everyone. All terms and conditions applicable to the use of SoFi Plus apply. To learn more about SoFi Plus and available benefits and terms, please see the SoFi Plus page.
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