Governance document
CA-D-000418

SoFi Terms of Service (Superseded URL)

SoFi
Last change detected August 27, 2026 Terms of service
SHA-256: 2727cc639884b1a3cce… 11 versions captured 10 changes documented

Get the research letter

Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean.

View original document at SoFi ↗

This page describes what the document states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability may vary by jurisdiction. Methodology

0 Total
0 High severity
0 Medium severity
0 Low severity
Stay ahead of the changes
Track SoFi and get the diff the day its terms change.
Monitor SoFi + up to 20 platforms — $4.99/mo →

10 important changes detected

11 versions captured · Last updated: August 2026

August 27, 2026

low
What changed SoFi restructured the footer section of its Terms of Service, replacing a simple 'QUESTIONS?' heading with an expanded navigation menu listing SoFi's products, company information, and legal links. The previous footer included customer support phone numbers and a detailed product listing; the updated footer removes the phone numbers and replaces the entire structure with a reorganized product and company directory, ending with a subscribe prompt and confirmation language about SoFi's Privacy Policy and Arbitration Agreement.
Why this matters This change is a structural reorganization of the Terms of Service footer section and does not materially alter the substantive terms, conditions, or consumer obligations under the agreement. The footer previously displayed customer support phone numbers and product lists; the updated footer reorganizes this information into a navigation structure and removes the phone contact details. No changes to consumer rights, obligations, data practices, or fees are reflected in this update.
View full change record →

August 19, 2026

medium
What changed SoFi modified its SoFi Plus investment match promotion in an update detected on August 18, 2026. The prior offer required SoFi Plus membership for one continuous year; the revised terms eliminate this requirement and instead require deposits to remain in the account for five years to retain the full 1% match. The prior offer also included a 'cancellation fee' (full forfeiture of the match) if subscription was canceled within one year; the updated language removes the cancellation fee structure and replaces it with a five-year holding requirement. SoFi also expanded the definition of eligible accounts from 'taxable accounts' to 'non-retirement accounts' and added a limited-time complementary 1% deposit match offer (August 18-31, 2026) that can be combined with this promotion.
Why this matters The updated terms restructure how SoFi Plus members earn and retain the 1% investment match. Prior terms required continuous SoFi Plus membership for one year from each deposit's settlement date; if membership was canceled before one year, the full match was forfeited via a cancellation fee. The revised terms eliminate the cancellation fee and one-year subscription requirement entirely. Instead, the terms now require that deposits remain in the account for five years from settlement to keep the entire match amount; early withdrawal (or transfer) would result in loss of the match. The revised terms also expand eligible account types from 'taxable' accounts to 'non-retirement accounts' and add an explicit temporary offer (August 18-31, 2026) that can be combined with the main promotion. You can review the SoFi Bank Rate Sheet for current rates and the specific definition of eligible deposits and account types.
View full change record →

August 5, 2026 medium

SoFi updated its referral promotion terms in an update detected on August 5, 2026. The promotion period shifted from June 24 – August 4, 2026 to August 5 – September …

View change record →
August 4, 2026 low

SoFi revised its SoFi Plus Savings account interest structure, effective August 3, 2026. Previously, the terms stated that a 3.10% APY applied to portions of SoFi Plus Savings balances that …

View change record →
August 1, 2026 medium

SoFi shortened its referral promotion period from December 31, 2026 to August 4, 2026, and modified the eligibility mechanics for both the Standard Bonus and SoFi Plus Additional Bonus by …

View change record →
July 28, 2026 low

SoFi removed repetitive section headers and labels from its investment promotion terms in an update detected on July 28, 2026. The changes eliminated three instances of the phrase '1% Match …

View change record →
July 24, 2026 low

SoFi increased the rewards offered through its Credit Score Monitoring Referral Program. Referrers now receive 1,500 rewards points (equivalent to $15) when someone they refer successfully activates the service within …

View change record →
July 22, 2026 low

SoFi removed the phrase '1% Match Promotion: Example Withdrawal and Fee Calculations' from its cryptocurrency risk disclosure. The updated terms now lead directly from the 1% match on crypto offer …

View change record →
July 14, 2026 medium

SoFi restructured its Invest Referral Program from an open-ended referral model to a limited-time promotional offer running July 14 through September 30, 2026. The updated terms establish specific eligibility criteria …

View change record →
July 13, 2026 low

SoFi removed promotional labeling from two tables in their SoFi Plus account terms on July 13, 2026. The first change removed the text '1% Match Promotion: Example Withdrawal and Fee …

View change record →

No provisions indexed for this document yet.

Stay ahead of the changes

Monitoring

SoFi has updated this document before. Monitor includes same-day alerts, structured change summaries, and monitoring for up to 20 platforms.

Monitor SoFi + up to 20 platforms — $4.99/mo → Get the research letter, free
Stay ahead of the changes

Governance Intelligence

Need provision-level monitoring and regulatory mapping? Insight includes governance timelines, drift analysis, and full provision tracking.

Monitor SoFi + up to 20 platforms — $4.99/mo → Get the research letter, free
Archival ProvenanceSource & Archival Record
Last Captured August 27, 2026 00:26 UTC
Capture Method Automated scheduled archival capture
Document ID CA-D-000418
Version ID CA-V-006112
Source URL https://www.sofi.com/terms-of-use/
Wayback Machine View external archival references →
SHA-256 2727cc639884b1a3ccefc2f654b0dbc4e366c7043db90a98671b2ee720b59490
✓ Snapshot stored ✓ Text extracted ✓ Change verified ✓ Hash verified

Governance Monitoring

Monitor governance changes across the platforms you rely on.

Structured alerts for policy changes, governance events, and provision updates across 352+ platforms.

Start monitoring → Compare plans