| Before | After | ||
|---|---|---|---|
| 36 | Okay Close SoFi Terms of Use Agreement Last Updated: April 30, 2026 Welcome to SoFi! | 36 | Okay Close SoFi Terms of Use Agreement Last Updated: May 18, 2026 Welcome to SoFi! |
| 488 | SoFi Plus Last Updated: April 30, 2026 (a) What is SoFi Plus? | 488 | SoFi Plus Last Updated: May 18, 2026 (a) What is SoFi Plus? |
| 493 | New and existing SoFi members who pay the SoFi Plus subscription fee of $10 every 30 calendar days qualify as SoFi Plus members. | 493 | New and existing SoFi members who pay the SoFi Plus Subscription Fee of $10 every month qualify as SoFi Plus members. |
| 495 | (i) Payment Methods: Customers may use the following payment methods to pay the SoFi Plus Subscription Fee. | 495 | (i) Payment Methods: Members may use the following payment methods to pay the SoFi Plus Subscription Fee. |
| 496 | (1) ACH Transfer from SoFi Checking or Savings Account: Customers may pay the SoFi Plus Subscription Fee from their SoFi Checking or Savings account. | 496 | (1) ACH Transfer from SoFi Checking or Savings Account: Members may pay the SoFi Plus Subscription Fee from their SoFi Checking or Savings account. |
| 497 | By submitting payment for the SoFi Plus Subscription Fee via the SoFi mobile app or website, you authorize SoFi to initiate ACH transfers every 30 days to SoFi by debiting your SoFi Checking or Savings account for the amount of the SoFi Plus Subscription Fee stated in section 10(a)(ii) herein. | 497 | By submitting payment for the SoFi Plus Subscription Fee via the SoFi mobile app or website, you authorize SoFi to initiate ACH transfers every month to SoFi by debiting your SoFi Checking or Savings account for the amount of the SoFi Plus Subscription Fee stated in section 10(a)(ii) herein. |
| 498 | This authorization for recurring debits will remain in effect until you cancel your subscription, as described in the “Canceling Payments” section herein. | 498 | SoFi may modify the Subscription Fee or billing interval upon advance notice to you. |
| 499 | This authorization for recurring debits will remain in effect until you update your payment method or cancel your subscription, as described in the “Canceling Payments” section herein. | ||
| 501 | (2) Credit Card or Debit Card: Customers may pay the SoFi Plus Subscription Fee via credit card or debit card. | 502 | (2) Credit Card or Debit Card: Members may pay the SoFi Plus Subscription Fee via credit card or debit card. |
| 502 | By submitting payment for the SoFi Plus Subscription Fee via the SoFi mobile app or website, you authorize SoFi to charge the credit card or debit card entered on the SoFi Plus Subscription Fee payment page every 30 days. | 503 | By submitting payment for the SoFi Plus Subscription Fee via the SoFi mobile app or website, you authorize SoFi to charge the credit card or debit card entered on the SoFi Plus Subscription Fee payment page every month. |
| 503 | This authorization for recurring charges will remain in effect until you cancel your subscription, as described in the “Canceling Payments” section herein. | 504 | This authorization for recurring charges will remain in effect until you update your payment method or cancel your subscription, as described in the “Canceling Payments” section herein. |
| 505 | SoFi may modify the Subscription Fee or billing interval upon advance notice to you. | ||
| 506 | Upon clicking “Join SoFi Plus,” you will receive an email notification of the start of your SoFi Plus membership. | 508 | Upon clicking “Join SoFi Plus,” you will receive an email notification of the start of your SoFi Plus subscription. |
| 509 | (iii) Canceling Payments: You can cancel your authorization of future ACH transfers or future credit card or debit card payments at any time by logging into your SoFi account and canceling your SoFi Plus membership on the subscription management page. | 511 | If your billing date falls on a day that does not exist in a given month (e.g., the 31st), you will be charged on the last day of that month. |
| 510 | You must cancel your SoFi Plus membership by 7:59 p.m. P.T. at least one (1) calendar day before the subscription renewal date to avoid being charged the SoFi Plus Subscription Fee for the next billing period. | 512 | (iii) Canceling Payments: You can cancel your authorization of future ACH transfers or future credit card or debit card payments at any time by logging into your SoFi account and canceling your SoFi Plus subscription on the subscription management page. |
| 513 | You must cancel your SoFi Plus subscription by 7:59 p.m. P.T. at least one (1) calendar day before the subscription renewal date to avoid being charged the SoFi Plus Subscription Fee for the next billing period. | ||
| 512 | Please note that SoFi will not issue a partial refund for canceling a SoFi Plus membership before the end of a billing cycle. | 515 | Please note that SoFi will not issue a partial refund for canceling a SoFi Plus subscription before the end of a billing cycle. |
| 527 | (i) 4.50% Annual Percentage Yield (APY) on SoFi Savings balances up to $20,000 and 3.30% APY on all other Savings balances (the “SoFi Plus APY”): For SoFi Plus Subscribers, SoFi Savings is a tiered-rate account. | 530 | (i) 4.50% Annual Percentage Yield (APY) on SoFi Savings balances up to $20,000 and 3.30% APY on all other Savings balances (the “SoFi Plus APY”): For SoFi Plus members, SoFi Savings is a tiered-rate account. |
| 528 | See SoFi Bank Rate Sheet for full details and additional rates at: https://www.sofi.com/legal/banking-rate-sheet . • 4.50% APY: SoFi Plus Subscribers earn 4.50% APY on balances up to $20,000 in one SoFi Savings account per subscriber. | 531 | See SoFi Bank Rate Sheet for full details and additional rates at: https://www.sofi.com/legal/banking-rate-sheet . • 4.50% APY: SoFi Plus members earn 4.50% APY on balances up to $20,000 in one SoFi Savings account per SoFi Plus member. |
| 529 | Joint account holders: An APY of 4.50% on Savings balances up to $20,000 is available for one Savings account per SoFi Plus Subscriber, which will be applied to the individual Savings account if an individual Savings account exists. | 532 | Joint account holders: An APY of 4.50% on Savings balances up to $20,000 is available for one Savings account per SoFi Plus member, which will be applied to the individual Savings account if an individual Savings account exists. |
| 531 | If your joint account holder is also a SoFi Plus Subscriber and only has a joint Savings account, an APY of 4.50% on Savings balances up to an additional $20,000 will be applied to the joint Savings account, resulting in an APY of 4.50% on combined Savings balances up to $40,000. | 534 | If your joint account holder is also a SoFi Plus member and only has a joint Savings account, an APY of 4.50% on Savings balances up to an additional $20,000 will be applied to the joint Savings account, resulting in an APY of 4.50% on combined Savings balances up to $40,000. |
| 532 | This 4.50% APY for balances up to $40,000 applies only while the joint Savings account remains the only SoFi Savings account for each SoFi Plus Subscriber. | 535 | This 4.50% APY for balances up to $40,000 applies only while the joint Savings account remains the only SoFi Savings account for each SoFi Plus member. |
| 539 | When a promotional period ends, any affected balances will earn the then-current applicable SoFi Plus APY unless otherwise eligible for another promotion. • Additional Important Terms: Upon paying the SoFi Plus Subscription Fee, you will begin earning the interest rates and APYs for SoFi Plus Subscribers on the following business day. | 542 | When a promotional period ends, any affected balances will earn the then-current applicable SoFi Plus APY unless otherwise eligible for another promotion. • Additional Important Terms: Upon paying the SoFi Plus Subscription Fee, you will begin earning the interest rates and APYs for SoFi Plus members on the following business day. |
| 541 | Members who previously had SoFi Plus may receive the SoFi Plus APY again if they reactivate a paid SoFi Plus subscription. | 544 | Members who previously had SoFi Plus may receive the SoFi Plus APY again if they reactivate a SoFi Plus subscription. |
| 556 | Be a SoFi Plus subscriber at the time each Eligible Deposit settles. 2. | 559 | Be a SoFi Plus member at the time each Eligible Deposit settles. 2. |
| 633 | (vi) 1% match on crypto: CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Cryptocurrency and other digital assets are highly speculative, involve significant risk, and may result in the complete loss of value. | 636 | (vi) 5% cash back on SoFi Travel (excl air): SoFi Plus members can earn 5% cash back in rewards points on all bookings except air travel through SoFi Travel using any card (“Elevated Earn”). |
| 637 | For complete SoFi Plus eligibility, please see the sections 10(b-c) herein. | ||
| 638 | Additionally, SoFi Plus members that use a SoFi Credit Card on all bookings except air travel will earn a 10% credit card cash back rewards rate boost, resulting in a total of 5.5% cash back rewards. | ||
| 639 | Cash back rewards do not stack on top of other rewards associated with SoFi Credit Card or SoFi Plus. | ||
| 640 | The 10% credit card cash back rewards rate boost does not apply to bookings made with a SoFi Smart Card. | ||
| 641 | All terms and conditions applicable to the use of SoFi Member Rewards apply. | ||
| 642 | To learn more about SoFi Member Rewards, please see the Rewards page. | ||
| 643 | Rewards points will be awarded within 60 days of travel completion. | ||
| 644 | If you do not see your rewards points after 60 days of travel completion, please see our help center or contact us at 855-456-7634. | ||
| 645 | Bookings made on air travel are not eligible for the Elevated Earn. | ||
| 646 | When you elect to redeem rewards points toward active SoFi accounts, including but not limited to, your SoFi Checking and Savings account, SoFi Money® account, SoFi Active Invest account, SoFi Automated Invest account, SoFi Credit Card account, SoFi Personal Loan, Private Student Loan, Student Loan Refinance, or toward SoFi Travel purchases, your rewards points will redeem at a rate of 1 cent per every point. | ||
| 647 | SoFi reserves the right to exclude any member from participating in SoFi Member Rewards for any reason, including suspected fraud, misuse, or if suspicious activities are observed. | ||
| 648 | SoFi also reserves the right to stop or make changes to Elevated Earn at any time. | ||
| 649 | (vii) 1% match on crypto: CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Cryptocurrency and other digital assets are highly speculative, involve significant risk, and may result in the complete loss of value. | ||
| 661 | (vii) 50% off instant transfer fees: SoFi Plus members receive a 50% discount on outgoing instant transfer fees, reducing the fee to 0.375% of the transfer amount (minimum of $1, maximum of $15). | 677 | (viii) 50% off instant transfer fees: SoFi Plus members receive a 50% discount on outgoing instant transfer fees, reducing the fee to 0.375% of the transfer amount (minimum of $1, maximum of $15). |
| 665 | (viii) Preferred IPO access (Offered by SoFi Invest): SoFi Plus members have the opportunity to receive preferred IPO allocations. | 681 | (ix) Preferred IPO access (Offered by SoFi Invest): SoFi Plus members have the opportunity to receive preferred IPO allocations. |
| 672 | (ix) Extra $500 SoFi Mortgage Loan discount: SoFi members are eligible for a one-time standard discount of $500 off the standard $1,495 origination fee for a SoFi Bank home purchase or refinance mortgage. | 688 | (x) Extra $500 SoFi Mortgage Loan discount: SoFi members are eligible for a one-time standard discount of $500 off the standard $1,495 origination fee for a SoFi Bank home purchase or refinance mortgage. |
| 673 | Members who either (1) are a SoFi Plus subscriber, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account are eligible for an additional one-time discount of $500 off the standard origination fee for a home purchase or refinance mortgage. | 689 | Members who either (1) are a SoFi Plus member, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account are eligible for an additional one-time discount of $500 off the standard origination fee for a home purchase or refinance mortgage. |
| 682 | (x) 0.25% personal loan rate discount: To be eligible for an additional 0.25% interest rate reduction on a Personal Loan, you must, within 31 days of loan funding, either (1) be a SoFi Plus subscriber, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. | 698 | (xi) 0.25% personal loan rate discount: To be eligible for an additional 0.25% interest rate reduction on a Personal Loan, you must, within 31 days of loan funding, either (1) be a SoFi Plus member, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. |
| 690 | (xi) 0.125% student loan rate discount: To be eligible for an additional 0.125% interest rate reduction on a Student Loan Refinancing, you must, within 31 days of loan funding, either (1) be a SoFi Plus subscriber, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. | 706 | (xii) 0.125% student loan rate discount: To be eligible for an additional 0.125% interest rate reduction on a Student Loan Refinancing, you must, within 31 days of loan funding, either (1) be a SoFi Plus member, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. |
| 698 | (xii) 0.125% parent student loan discount: To be eligible for an additional 0.125% interest rate reduction on a Private Parent Student Loan, you must, within 31 days of loan funding, either (1) be a SoFi Plus subscriber, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. | 714 | (xiii) 0.125% parent student loan discount: To be eligible for an additional 0.125% interest rate reduction on a Private Parent Student Loan, you must, within 31 days of loan funding, either (1) be a SoFi Plus member, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account. |
| 706 | (xiii) Extra $200 home equity loan discount: SoFi members are eligible for a one-time standard discount on loans originated by SoFi Bank of $200 off the $1,495 origination fee for home equity loan. | 722 | (xiv) Extra $200 home equity loan discount: SoFi members are eligible for a one-time standard discount on loans originated by SoFi Bank of $200 off the $1,495 origination fee for home equity loan. |
| 707 | Members who either (1) are a SoFi Plus subscriber, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account are eligible for an additional one-time discount of $200 off the origination fee for home equity loan. | 723 | Members who either (1) are a SoFi Plus member, (2) receive an Eligible Direct Deposit into a SoFi Checking or Savings account, or (3) receive at least $5,000 in Qualifying Deposits into a SoFi Checking or Savings account are eligible for an additional one-time discount of $200 off the origination fee for home equity loan. |
| 716 | (xiv) 5% cash back on SoFi Travel (excl air): SoFi Plus members can earn 5% cash back in rewards points on all bookings except air travel through SoFi Travel using any card (“Elevated Earn”). | — | Removed |
| 717 | For complete SoFi Plus eligibility, please see the sections 10(b-c) herein. | — | Removed |
| 718 | Additionally, SoFi Plus members that use a SoFi Credit Card on all bookings except air travel will earn a 10% credit card cash back rewards rate boost, resulting in a total of 5.5% cash back rewards. | — | Removed |
| 719 | Cash back rewards do not stack on top of other rewards associated with SoFi Credit Card or SoFi Plus. | — | Removed |
| 720 | The 10% credit card cash back rewards rate boost does not apply to bookings made with a SoFi Smart Card. | — | Removed |
| 721 | All terms and conditions applicable to the use of SoFi Member Rewards apply. | — | Removed |
| 722 | To learn more about SoFi Member Rewards, please see the Rewards page. | — | Removed |
| 723 | Rewards points will be awarded within 60 days of travel completion. | — | Removed |
| 724 | If you do not see your rewards points after 60 days of travel completion, please see our help center or contact us at 855-456-7634. | — | Removed |
| 725 | Bookings made on air travel are not eligible for the Elevated Earn. | — | Removed |
| 726 | When you elect to redeem rewards points toward active SoFi accounts, including but not limited to, your SoFi Checking and Savings account, SoFi Money® account, SoFi Active Invest account, SoFi Automated Invest account, SoFi Credit Card account, SoFi Personal Loan, Private Student Loan, Student Loan Refinance, or toward SoFi Travel purchases, your rewards points will redeem at a rate of 1 cent per every point. | — | Removed |
| 727 | SoFi reserves the right to exclude any member from participating in SoFi Member Rewards for any reason, including suspected fraud, misuse, or if suspicious activities are observed. | — | Removed |
| 728 | SoFi also reserves the right to stop or make changes to Elevated Earn at any time. | — | Removed |
| 750 | This offer is valid through 4/29/2028 at 11:59:59 PM PT and available to new subscribers only in the contiguous United States. | 753 | This offer is valid through 4/29/2028 at 11:59:59 PM PT and available to new members only in the contiguous United States. |
| 895 | This Offer is not available to current CNBC+ subscribers. | 898 | This Offer is not available to current CNBC+ members. |
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| 948 | If you do not allow these cookies then some or all of these services may not function properly. | 951 | To opt out, toggle the button that appears to the right of each cookie category (it will be gray when opted out). |
| 949 | Performance Cookies Performance Cookies We use different tools so that we can measure and improve the performance of our site. | 952 | SoFi Privacy Policy Allow All Manage Consent Preferences Strictly Necessary Cookies Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. |
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| 953 | They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. | — | Removed |
| 954 | You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. | — | Removed |
| 955 | Targeting Cookies Targeting Cookies Targeting cookies track users' actions and are used to identify users between different websites. | — | Removed |
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