Maximize Your Cash Back with the SoFi Unlimited 2% Credit Card
Earn unlimited 2% cash back on every purchase with no annual fee and flexible SoFi redemptions
Why the SoFi Unlimited 2% Credit Card stands out
The SoFi Unlimited 2% Credit Card delivers a clean value proposition: unlimited 2% cash back on every purchase with no annual fee. For U.S. consumers who want a simple, high-rate cash-back card without category tracking, this card is built for daily use.
Beyond the flat-rate rewards, the card plugs into SoFi’s ecosystem, meaning cash back can be routed into SoFi Checking & Savings, SoFi Invest, or used to pay down SoFi loans at full value. That makes the SoFi Unlimited 2% Credit Card particularly valuable for people already using SoFi services.
Rewards, bonuses, and redemption tips
New cardmembers can earn a $200 statement credit after spending $2,000 within the first three months, a straightforward welcome bonus to accelerate rewards. Ongoing rewards are simple: every dollar spent earns 2% back, which compounds quickly on everyday purchases like groceries, gas, and bills.
To maximize value, redeem points into SoFi accounts where they’re worth 1 cent each, or into SoFi Invest for fractional shares. Avoid redeeming for statement credits unless necessary, since that option pays just 0.5 cents per point and reduces your effective return from 2% to 1%.
Perks, protections, and who should apply
The SoFi Unlimited 2% Credit Card includes practical perks for U.S. cardholders: no foreign transaction fees, cell phone protection up to $1,000, and Mastercard identity theft protection. There are partner benefits too, like Lyft credits after a set number of rides and discounts through SoFi partners.
This card is ideal if you want effortless cash-back and already use or plan to use SoFi for banking, investing, or loans. If you prefer statement-credit flexibility or rotating categories, compare with other 2% or rotating-rewards cards before applying.
How to get the most from your SoFi Unlimited 2% Credit Card
Start by putting regular spending on the card and funneling cash back into SoFi Checking or Invest to preserve the full 2% value. Use the $200 welcome offer to align a planned large purchase within the first three months and boost initial returns.
Keep an eye on interest rates and avoid carrying a balance that would eat into your rewards. If you’re aiming to reduce debt, redeeming cash back toward SoFi loan balances can speed payoff and increase long-term savings, making the SoFi Unlimited 2% Credit Card a strategic tool for financial goals.