SoFi Unlimited 2%
- Annual Fee
- $0
- Highest rate (conditional)
- Up to 3% (Travel portal)
Terms checked against the issuer on October 10, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Mastercard World Elite
- Rewards Currency
- Cash
- Point Valuation
- 1¢ (cash back)
- Credit Required
- Excellent
Earning Rates
- 3%
Travel
3% cash back rewards on trips booked through SoFi Travel
- 2%
All Other
Unlimited 2% cash back rewards on all eligible purchases (SoFi Member Rewards points, 1 cent each when redeemed toward active SoFi accounts or SoFi Travel)
Benefits & Perks
Annual Credits & Statement Credits
1 creditsUp to
$60
in recurring credits (annual)
$5 Lyft + airport savings
Earn $5 monthly with 3 Lyft rides + save 10% on airport rides nationwide.
—
Annual
Insurance & Protections
2 protectionsCell phone protection ($800/claim)
$800
Up to $800 per claim and $1,000 per year for a stolen or damaged phone (2 claims per year) when you pay your wireless bill with the card.
ID Theft Protection
Don’t get thrown off your money goals in the event your identity is stolen.
Reviews & Analysis
Pros and Cons
Pros
- +Unlimited 2% cash back rewards on all eligible purchases, with no caps
- +3% cash back rewards on trips booked through SoFi Travel
- +No annual fee and no foreign transaction fees
- +World Elite Mastercard benefits and cell phone protection ($800 per claim, $1,000 per year)
Cons
- -Currently invite only - the issuer says to check your mailbox for an offer
- -Designed for applicants with excellent credit
- -Variable APR of 20.24% to 32.99% makes carrying a balance expensive
- -Balance transfers are currently limited to recipients of promotional offers
The Math: Is $0 Worth It?
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$36
Annual Fee
-$0
Net Annual Value
+$36
Details & Terms
Payment Terms
| Purchase APR | 20.24%–32.99% (Variable) |
| Cash Advance APR | 30.74% (Variable) |
| Foreign Transaction Fee | $0 |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| RewardsCC API | — | RewardsCC API |
| SoFi Official | SoFi Official | |
| SoFi Official | SoFi Official |
Top brands for this card
Brands where this card's earn-rate structure makes it a strong choice. Open a brand for the full ranked list.
Partner credits at
Merchants this card gives you a statement credit or membership at. Unlike the brands above, this isn't about earn rate — it's money the card hands back when you spend there.
