SoFi revised its SoFi Plus subscription terms to change billing language from 'every 30 calendar days' to 'every month', added a new provision allowing SoFi to modify the subscription fee or billing interval upon advance notice, replaced the 1% crypto match benefit with a 5% cash back rewards program on SoFi Travel bookings (excluding air travel), and made terminology updates throughout (e.g., 'Customers' to 'Members', 'membership' to 'subscription'). The change expands SoFi Plus benefits to include travel rewards while introducing explicit authority for SoFi to adjust pricing and billing frequency with notice.
Consumers: SoFi can change how much you pay or how often you are billed, but must notify you in advance before doing so.
The updated terms change how SoFi Plus billing is described and introduce explicit authority for SoFi to modify the subscription fee or billing interval upon advance notice to members. The terms replace the 1% crypto match benefit with a 5% cash back rewards program on SoFi Travel bookings (excluding air travel), and clarify that authorization for recurring debits or charges remains in effect until the member updates their payment method or cancels the subscription. Members who previously earned crypto rewards will no longer receive that benefit under the revised terms. You can cancel your SoFi Plus subscription at any time by logging into your account and accessing the subscription management page, provided you cancel by 7:59 p.m. P.T. at least one calendar day before the renewal date to avoid being charged for the next billing period.
→ Review the new SoFi Plus benefits, particularly the replacement of crypto rewards with travel cash back, to determine if the updated benefits align with your usage.
→ Cancel your SoFi Plus subscription by 7:59 p.m. P.T. at least one calendar day before the renewal date if you no longer wish to maintain the subscription after the benefit changes.
SoFi now explicitly reserves the right to modify the subscription fee or billing interval upon advance notice to members.
The 1% crypto match benefit was removed and replaced with a 5% cash back rewards program on SoFi Travel bookings (excluding air travel).
Changed from 'every 30 calendar days' to 'every month', with clarification that billing occurs on the last day of the month if the billing date does not exist in a given month.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Wording edits to this record that do not change what it claims. Changes to a claim are published as corrections.
SoFi revised its SoFi Plus subscription terms to introduce explicit contractual authority to modify subscription fees and billing intervals upon advance notice, replacing prior language that did not include this modification right. The change also …
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Unlock the full institutional analysis — InsightConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-X-002172.
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