SoFi Blog

Tips and news—
for your financial moves.

SoFi Travel Rolling Out to All Members

SoFi members, get ready to jet set – SoFi Travel¹ is here to make travel planning easier and more affordable than ever before, from booking flights, to hotels to travel experiences, and more. SoFi Travel is powered by Expedia, providing members an easy search and booking experience, all within the SoFi app or website. SoFi Travel will be rolling out to all members over the coming weeks.

SoFi has seen incredible demand from members in the travel sector, with SoFi Credit Card² spending on travel up 54% in the first three months of 2023 compared to the same time period in 2022³. SoFi recognizes this is an area of major interest to members, and this new offering is here to meet that demand.

SoFi Travel expands members’ benefits by offering SoFi Member Prices on select hotel bookings, made possible with Expedia’s competitive offerings. SoFi members will be able to save 10% or more at select hotels, as well as additional discounts on bookings. Members who use the SoFi Credit Card for their bookings will earn unlimited 3% cash back⁴ rewards on their purchases.

SoFi also recently conducted the first-ever SoFi Travel Habits Survey⁵, which showed 82% of members plan to travel this summer, and over 60% are willing to spend over 2 hours or more extra when booking travel to find the best deal. SoFi’s new travel portal will make it easier to make your travel plans this summer and beyond, saving SoFi members money and time when booking.

Booking with SoFi Travel
Just as members can easily manage everything from their credit card to investments in the one place, managing travel plans alongside all your financial products is now simpler with SoFi Travel.

SoFi members will be able to access the booking portal through the app or website, where they will be able to track travel details and adjust reservations and manage their travel budget throughout their whole trip.

SoFi Travel and SoFi Credit Card Rewards
SoFi Credit Card members will be able to earn an unlimited 3% cash back rewards on SoFi Travel bookings made using their credit cards. Once members receive their rewards points, they can redeem in a variety of ways, including:

•  Cash in a SoFi Checking and Savings account⁶

•  Pay down an eligible SoFi loan⁷

•  Money to invest via their SoFi Invest account⁸

With SoFi Travel and the SoFi Credit Card, SoFi is continuing to offer the best of benefits when using SoFi products together.

Preparing for Travel with SoFi
In addition to making travel booking simpler and more affordable, SoFi can make planning travel easier than ever by offering a variety of tools to help members save for vacation and track their travel expenses.

Checking and Savings Vaults
For SoFi Checking and Savings members, they can create Vaults, an extension of Savings accounts where members can save for specific goals, including travel plans. Members with direct deposit can earn 4.20% APY (Annual Percentage Yield)⁹, 10x¹⁰ the national average, on all savings balances, putting more money in their pockets for travel outings and souvenirs.

Not a SoFi Checking and Savings member yet? Sign up here.

Financial Insights
SoFi members can use SoFi Insights¹¹ to track spending before, during and after vacations, across all their bank accounts and credit cards. Before trips, members can keep an eye on all of their spending to budget ahead of a big vacation, but also easily find places to trim expenses, such as long-forgotten recurring subscriptions.

Post-vacation, members can tag expenses related to their trip and see a full breakdown of their trip’s costs, where they spent the most money, and how best to budget for their next vacation.

Travel Tips & Recommendations
With the launch of SoFi Travel, SoFi is also launching a new travel planning vertical within On the Money, a digital content hub helping members get their personal finances right with a one-stop-shop for news, trends, and tips.

In the Travel vertical, SoFi members and even non-members can access articles on financial tips for booking trips and best ways to save money while jet setting. See the new education resources here.

SoFi Travel Habits Survey
As part of the rollout of SoFi Travel, SoFi conducted the first-ever SoFi Travel Habits Survey looking at the travel plans (and travel budgets!) of over 1,400 SoFi members. When it comes to members and their travel plans, key findings include:

•  56% of SoFi members canceled their travel plans in the last year due to rising costs / inflation

•  66% make budgets for their trips, and 29% start budgeting /saving for a trip a whole year in advance

•  57% of members were inspired to book a trip based on a movie or TV show, with White Lotus serving as the ultimate inspiration

You can see more from the first-ever SoFi Travel Habits Survey here.

1. Terms, and conditions apply: The SoFi Travel Portal is operated by Expedia. To learn more about Expedia, click

When you use your SoFi Credit Card to make a purchase on the SoFi Travel Portal, you will earn a number of SoFi Member Rewards points equal to 3% of the total amount you spend on the SoFi Travel Portal. Members can save up to 10% or more on eligible bookings.

You must be a SoFi registered user.

You must agree to SoFi’s privacy consent agreement.

You must book the travel on SoFi’s Travel Portal reached directly through a link on the SoFi website or mobile application. Travel booked directly on Expedia’s website or app, or any other site operated or powered by Expedia is not eligible.
You must pay using your SoFi Credit Card.

SoFi Member Rewards: All terms applicable to the use of SoFi Member Rewards apply. To learn more please see:
Terms applicable to Member Rewards:

Additional Terms:
Changes to your bookings will affect the Rewards balance for the purchase.
Any canceled bookings or fraud will cause Rewards to be rescinded.
Rewards can be delayed by up to 7 business days after a transaction posts on Members’ SoFi Credit Card ledger.

SoFi reserves the right to withhold Rewards points for suspected fraud, misuse, or suspicious activities.

©2023 SoFi Bank, N.A. All rights reserved. Member FDIC. Equal Housing Lender. NMLS #696891 (Member FDIC), (

2. The SoFi Credit Card is issued by The Bank of Missouri (TBOM) (“Issuer”) 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.

3. Source: Analysis of SoFi member spending trends from 1/1/2023 – 3/31/2023 and 1/1/2022 – 3/31/2022 using the SoFi Credit Card.

4. *See Rewards Details<>

5. Source: Based on the SoFi Travel Habits Survey of 1,466 SoFi members from April 4 – 16, 2023.

6. SoFi Checking and Savings is offered through SoFi Bank, N.A.

7. Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status and and meet SoFi’s underwriting requirements. Loans originated by SoFi Lending Corp. (dba SoFi) are subject to state restrictions and may not be available in all states; see for details and state restrictions. Minimum loan requirements might be higher than $5,000 in specific states due to legal requirements and interest-rate caps may be lower in some states due to legal requirements and may impact your eligibility to qualify for a SoFi loan. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Information current as of 05/01/23. SoFi Lending Corp., licensed by the DFPI, CFL #6054612. NMLS #1121636 (

8. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(

9. SoFi members with direct deposit can earn up to 4.20% annual percentage yield (APY) on savings balances (including Vaults) and 1.20% APY on checking balances. There is no minimum direct deposit amount required to qualify for the 4.20% APY for savings. Members without direct deposit will earn 1.20% APY on all account balances in checking balances and savings balances without direct deposit (including Vaults). Interest rates are variable and subject to change at any time. These rates are current as of 4/25/2023. There is no minimum balance requirement. Additional information can be found at

10. 10x based on FDIC monthly savings account rate as of April 17, 2023.

11. SoFi’s Insights tool offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. The credit score provided to you is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

Read more
TLS 1.2 Encrypted
Equal Housing Lender