SoFi Credit Card Gets 10% Boost
The SoFi Credit Card currently earns unlimited 2% cash back rewards on all purchases redeemable as statement credit or towards saving, investing, or paying down eligible SoFi debt.
Now SoFi has added a new feature that rewards its most loyal members. You can get a 10% boost on cash back rewards earned for credit card purchases with direct deposit through SoFi Checking. That’s unlimited 2.2% cash back rewards on all purchases. You also get 3.3% on trips booked through SoFi Travel.
The 10% boost does not expire and has no limits on how much you can earn from the benefit as long as you have direct deposit through SoFi Checking. That makes this card one of the best options to earn 2% or more on all purchases.
How Does it Work?
Open a SoFi Unlimited 2% Credit Card and set up direct deposit through SoFi Checking & Savings. Once your first direct deposit arrives, you will automatically start earning unlimited 2.2% cash back rewards on all your purchases. As long as you maintain your direct deposit through SoFi Checking & Savings and continue to use the SoFi Unlimited 2% Credit Card, you will also continue to earn the reward boost.
This new benefit is not just for new cardholders. Existing credit card members with direct deposit into their SoFi Checking and Savings account will also begin automatically receiving the 10% boost.
If you don’t already have SoFi Checking & Savings, then you can currently get a $500 bonus for opening a new account. You will also earn up to 4.60% APY.
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