Credit Card Crypto Rewards

Crypto Redemption with the SoFi Credit Card is Here

To all of our members who have asked (and even those who didn’t!): We are delighted to announce that starting today, for the first time anywhere, you now have the option to redeem SoFi Credit Card reward points directly into cryptocurrency via SoFi Invest!1 This is the only credit card product at this time to offer an option for direct reward point redemption for cryptocurrency (we checked!), and we are thrilled to bring it to you first.

This means that in addition to cryptocurrency with no commission or transaction fees, you can also still redeem your reward points into a checking and savings account with SoFi, SoFi Active Invest, or paying down SoFi Student Loan Refinances or Personal Loans, while receiving unlimited 2% cashback* on eligible purchases. And as always, the SoFi Credit Card itself carries no annual fee.†

At this time, SoFi Credit Card reward points can be redeemed for either Bitcoin or Ethereum.1

While we always aim to offer a diverse array of investment products for different financial goals and risk tolerances, cryptocurrency (as well as other riskier assets) should represent only a slice of a diversified portfolio.

Designed to help you save, invest, and pay down debt. Learn more about the SoFi Credit Card.

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Important: Bitcoin and other cryptocurrencies aren’t endorsed or guaranteed by any government, are volatile and involve a high degree of risk.
SoFi Crypto is offered through SoFi Digital Assets LLC. Consumer protection and securities laws don’t regulate cryptocurrencies to the same degree as traditional brokerage and investment products. Research and knowledge are essential prerequisites before engaging with any cryptocurrency. US regulators, including FINRA, the SEC, and the CFPB, have issued public advisories concerning digital asset risk. Cryptocurrency purchases should not be made with funds drawn from financial products including student loans, personal loans, mortgage refinancing, retirement funds or traditional investments.

†See Pricing, Terms & Conditions (

1Not available to residents of West Virginia or Hawaii. You need a SoFi Invest® account and a SoFi crypto account to redeem rewards points into cryptocurrency. A minimum balance of 500 rewards points (worth $5) is required before you can redeem for cryptocurrency. SoFi will assess a fee for each crypto transaction outside of rewards redemption. For more information, visit

Invest Entity Disclosure (Combined – Include “Not, Not, May” Box above)
SoFi Invest refers to the three investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below.
1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-Registered Investment Adviser (“Sofi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA(, (“Sofi Securities). Clearing and custody of all securities are provided by APEX Clearing Corporation.
3) Cryptocurrency is offered by SoFi Digital Assets, LLC, a FinCEN registered Money Service Business.

For additional disclosures related to the SoFi Invest platforms described above, including state licensure of Sofi Digital Assets, LLC, please visit

Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform. Information related to lending products contained herein should not be construed as an offer or pre-qualification for any loan product offered by SoFi Lending Corp. or an affiliate.

The SoFi Credit Card is issued by The Bank of Missouri pursuant to license by Mastercard® International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

*Members earn 2 reward points for every dollar spent on eligible purchases. If you elect to redeem points as cash deposited into your SoFi Checking and Savings account, as fractional shares into your SoFi Invest account, cryptocurrency into your SoFi Invest crypto account, or as a payment toward your SoFi Personal Loan or Student Loan Refinance, then your points will redeem at a rate of 1 cent per point. If you elect to redeem points as a statement credit into your SoFi Credit Card account, then your points will redeem at a rate of 0.5 cents per point. For more details, please see

SoFi Credit Corp. CFL# 6054612. Advisory services are offered through SoFi Wealth, LLC an SEC-registered Investment adviser. Brokerage products and SoFi Checking and Savings® are offered through SoFi Securities LLC, member FINRA/SIPC. SoFi Securities LLC is an affiliate of SoFi Bank, N.A. ©2021 Social Finance, Inc. CC20-269414

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