Credit card

SoFi Smart Card

Cash back

MASTERCARD

Apply for SoFi Smart Card

On SoFi's secure site

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Credit card SoFi Mastercard

Card review

SoFi Smart Card

4.6 9.2/10 DebitCue Score Verified Jun 20, 2026

5% grocery rewards with the power of a charge card

Fee: $120 USD/yr; Card itself has no annual fee; the required SoFi Plus membership costs $10/month ($120/year) effective March 31, 2026.
Purchase APR: Not published
Interest-free: -
Foreign fee: None

Rewards

5% cash back (as Member Rewards points) on eligible grocery store purchases. Excludes Target, Walmart, warehouse clubs, and convenience stores.

Welcome offer

None disclosed.

Our verdict

What stands out, and where it falls short.

What we like

5% cash back (as Member Rewards points) on eligible…
Welcome bonus
No foreign transaction fees

Worth weighing

$120 USD/yr card fee

Who It Is For

Whether the SoFi Smart Card fits how you actually spend.

Pick it if you are

Frequent travelers
People who want rewards on their spending

Skip it if you are

Light spenders who won't beat the $120 USD/yr fee

Rates and fees

As of June 20, 2026

All amounts shown in USD.

Card fee: $120 USD/yr
Purchase APR: Not published
Interest-free period: -
Foreign transaction fee: None
SoFi Plus Membership Fee: $10/month (required to hold Smart Card); free tier removed March 31, 2026

Rewards and features

Rewards: 5% cash back (as Member Rewards points) on eligible grocery store purchases. Excludes Target, Walmart, warehouse clubs, and convenience stores.
Welcome offer: None disclosed.
Pay with: Apple Pay, Google Pay, Contactless, Virtual card
Dynamic Credit Limit: Spending limit equals SoFi Checking & Savings balance, up to $500,000 max; daily POS cap of $6,000.
Grocery Exclusions: Target, Walmart, warehouse clubs (Costco/Sam's Club), convenience stores, and meal-kit/grocery delivery services excluded from 5% category.

Benefits and perks

Extras that come bundled with the card.

Credit History Building

No hard credit inquiry to apply; on-time payments reported to credit bureaus.
No Foreign Transaction Fees

Fee-free ATM access at 55,000+ AllPoint ATMs worldwide.
Zero Fraud Liability

$0 fraud liability via Mastercard on all purchases.

Eligibility

What you need before you apply.

Availability: Exclusive to new SoFi Plus members; requires active SoFi Checking and Savings account.

SoFi Smart Card: your questions answered

How much does the SoFi Smart Card cost?

The SoFi Smart Card costs $120 USD/yr. Card itself has no annual fee; the required SoFi Plus membership costs $10/month ($120/year) effective March 31, 2026..

What rewards does the SoFi Smart Card earn?

The SoFi Smart Card earns 5% cash back (as Member Rewards points) on eligible grocery store purchases. Excludes Target, Walmart, warehouse clubs, and convenience stores..

Does the SoFi Smart Card charge foreign transaction fees?

No - the SoFi Smart Card has no foreign transaction fees, so it suits spending abroad.

Does the SoFi Smart Card have a welcome offer?

Yes - None disclosed..

Is the SoFi Smart Card a credit, debit or prepaid card?

The SoFi Smart Card is a credit card issued by SoFi on the Mastercard network.

Does the SoFi Smart Card support Apple Pay and Google Pay?

Yes - the SoFi Smart Card works with both Apple Pay and Google Pay.

Where can I get the SoFi Smart Card?

The SoFi Smart Card is currently offered in United States.

How does DebitCue rate the SoFi Smart Card?

DebitCue rates the SoFi Smart Card 4.6 out of 5 (9.2/10), scored on the same factors as every card - fees, rewards, perks and ease of use.