$50 SoFi Credit Card Referral + $100 FREE Bonus (2024)

SoFi, a financial service company, offers various referral programs for its diverse range of products. In this article, I will discuss the SoFi credit card referral program. If you’re looking for a SoFi checking, Invest, or loan referral link, check out this SoFi referral article and learn how you can earn up to $300 by signing up or referring new users to SoFi. 

If you’re a new user of SoFi credit card account, you can receive a $50 cash bonus when you sign up using a SoFi credit card referral link. If you’re already a SoFi credit cardholder, you can earn $100 for every successful referral. There is a $10,000 annual referral cap for all SoFi products, but it’s unlikely that you will reach that limit in one year! So, if you’re a SoFi credit cardholder, don’t hesitate to start referring your friends and family members and enjoy the rewards! 

What is the Sofi Credit Card Referral Program 

As a current SoFi Credit Card account holder, you can earn reward points just by referring your friends or contacts to open a new SoFi Credit Card account. To be eligible for the referral program, all you need is a SoFi Credit Card account in good standing! Simply send a unique referral link to the person you wish to refer, and if they use the link to open a new SoFi Credit Card account within 120 days, both you and the new account holder will receive reward points!  

If you are referring someone, you will get 10,000 reward points, which is worth $100 when redeemed into various accounts. The referred party will receive 5,000 reward points, which is worth $50 when redeemed into various accounts. Keep in mind, though, that if the person you refer to SoFi already has a SoFi Credit Card account, is on an opt-out list, or has used another referral link to sign up for other SoFi products, they won’t be eligible for the referral program.

How to Earn the SoFi Credit Card Referral Bonus  

Signing up for a SoFi credit card and getting your $50 SoFi Credit Card welcome bonus is easy. Follow the steps below: 

Step 1: Make sure to sign up for a SoFi Credit Card using this valid  SoFi credit card referral link. 

Step 2: Fill out the online application. You’ll need to provide some basic information, such as your name, address, and Social Security number.  

Step 3: Once your application is approved, you’ll receive your card in the mail, and you can start using it right away.  

The process is incredibly easy, and by following the simple steps outlined above, you’ll be well on your way to enjoying all the benefits that come with being a SoFi credit cardholder.

What is SoFi? 

SoFi, which stands for Social Finance, is an online personal finance company that provides a range of financial products and services to its members. SoFi was founded in 2011 with the mission of helping people achieve financial independence by providing affordable access to credit, investing, and insurance. 

The company offers a variety of products, including student loan refinancing, personal loans, home loans, and investment accounts. SoFi’s unique approach to lending takes into account factors beyond just credit scores, such as education and career experience, in order to provide more personalized loan terms and interest rates. 

In addition to the lending and investment products, SoFi also offer a wide range of financial tools and resources to help members manage money and achieve their financial goals. From budgeting and saving tools to career coaching and member events, SoFi has it all. With the SoFi credit card, you’ll have even more ways to earn rewards and save money.  

Read more about SoFi from this SoFi Review. 

What is a SoFi Credit Card?  

The SoFi Credit Card was launched in 2020 and is designed to provide consumers with a unique and rewarding credit card experience.  

One of the key features of the SoFi Credit Card is its cashback rewards program. Cardholders can earn up to 2% unlimited cashback on eligible purchases, including dining, groceries, and travel. In addition, cardholders can earn 1% unlimited cashback on all other eligible purchases. 

As noted above, the SoFi Credit Card also offers a referral program, which allows cardholders to earn a $100 bonus for each friend they refer who is approved for the card. There is a $10,000 annual limit on referral bonuses. This means that you can earn rewards for referring up to 100 new users to SoFi per year.  

Another notable feature of the SoFi Credit Card is its lack of fees. There are no annual fees, no foreign transaction fees, and no balance transfer fees. This makes it an attractive option for consumers who are looking for a credit card that offers rewards without charging excessive fees. 

SoFi has different referral programs, check out all the SoFi referral programs here.

SoFi Interst Rates and Fees 

The SoFi Credit Card offers no annual fee and a variable Annual Percentage Rate (APR) for purchases ranging from 17.74% to 29.74% depending on your creditworthiness. At the time of this writing, the APR for cash advances is 31.74%.  

The minimum interest charge is $1.00, and there are fees for balance transfers and cash advances, which are the greater of $10 or 5%. There are also penalty fees for late or returned payments, which can be up to $39. 

SoFi: Security and Privacy You Can Trust 

When it comes to security, SoFi takes things very seriously. SoFi offers a range of security features and tools to help its members keep their accounts and information safe. These include two-factor authentication, fraud alerts, and the ability to lock and unlock your credit card from the mobile app. 

Additionally, SoFi is committed to protecting its members’ privacy and adheres to strict data protection and privacy regulations. The company does not sell its members’ personal information to third parties, and takes steps to ensure that members have control over their data. 

So, when you participate in the SoFi credit card referral program, you can rest assured that your data is safe and secure. SoFi is committed to providing you with the peace of mind you need to enjoy all the benefits of being a SoFi member. 

Final Thoughts on SoFi Credit Card Referral Program 

In my opinion, the SoFi credit card is an excellent addition to anyone’s wallet. The rewards and benefits offered by the card, such as cashback and travel rewards, can help you save money and manage your finances better. However, it’s important to note that the interest rates can be high, so make sure to pay your balances on time to avoid accruing unnecessary interest charges. 

One great way to maximize the benefits of the SoFi credit card is by taking advantage of the SoFi credit card referral program. The program is very generous and has a high annual limit, meaning you can refer many users and earn rewards for each successful referral. So, don’t hesitate to spread the word about the benefits of the SoFi credit card and refer your friends and family using our SoFi referral link. 

Whether you’re looking to save money, manage your finances better, or just take advantage of the rewards and benefits, a SoFi credit card can help. So why wait? Sign up with our SoFi referral link today and experience the benefits of a SoFi credit card!