Is SoFi Plus Worth It?

By Caren Weiner | Updated August 18, 2026

A woman smiling while using a phone to research if SoFi Plus is worth it.

🛈 The information presented is accurate as of the publication date and is subject to change. Features and details are reviewed on a monthly cadence to maintain accuracy.

Banking with SoFi gives all members access to great rates on loans and savings accounts, the convenience of connected accounts including crypto and investment holdings, and a cache of financial tools and resources for money management.

And now there’s SoFi Plus, a whole new level of perks, premiums, and privileges. Members who upgrade to SoFi Plus for a nominal monthly fee could qualify for $1,000+ in annual value with qualifying activities.

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Key Points
• A paid premium membership program is available to new and existing members, offering a wide array of bonuses and benefits in exchange for a monthly subscription fee.
• At $10 per month or $120 per year, the membership is designed to deliver value that exceeds its cost through banking, investing, and credit card perks.
• Key benefits include a 1% investment match on eligible deposits into a non-retirement SoFi Invest account.
• Third-party partner discounts add even more value, including savings on tax filing, estate planning tools, financial news subscriptions, and shopping rewards platforms.
• Unlimited one-on-one sessions with certified financial planners — estimated at $300 per session — represent one of the membership’s most compelling perks.

What Is SoFi Plus?

SoFi Plus is a premium membership program, open to new or existing SoFi members, that provides an array of top-tier bonuses and benefits in return for a monthly subscription fee.

Among these rewards are certain premium banking services (e.g., higher savings rates), enhanced credit card rewards, and home loan discounts, with a savings of $500 on your mortgage origination fees or $200 on your home equity loan. Members with Invest brokerage accounts can gain access to IPOs before they hit the open market.

Visit the SoFi Plus page for details on specific membership and promotional offerings.

Benefits of a SoFi Plus Membership

SoFi Plus membership rewards pertain to a variety of services. Benefits include:

• A 4.50% APY (Annual Percentage Yield) on a savings account balances of up to $20,000 — a big bump up from the 3.10% or 0.80% APY earned by other SoFi Bank savings account holders. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC.

• A 1% match on each eligible deposit into a non-retirement SoFi Invest account

• A 10% boost on cash back credit card rewards, points redeemable for cash, for all eligible purchases made with a SoFi Unlimited 2% Card

• 1% match on crypto purchases earned in rewards points

• Unlimited one-on-one sessions with SoFi Wealth financial planners

• Access to SoFi Plus Experiences, special VIP events connected to music festivals and pro sports games

SoFi Plus membership also bestows benefits offered by third-party partners. Here are a few examples:

• A 20% discount on TurboTax federal tax filing services

• A $200 discount on the initial purchase of a trust from Trust & Will.

• 40% off a one-year CNBC+ subscription

• A one-time $50 welcome bonus for creating a new Rakuten shopping account

How Much Is SoFi Plus?

The monthly cost of a SoFi Plus membership is $10, or $120 per year.

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Is SoFi Plus Worth It?

Membership rewards will depend on how much you spend or save.

One aspect of SoFi Plus that could generate sizable bonuses for you is its 10% boost in credit card points. If you have a SoFi Unlimited 2% Card and simply keep using it for your usual eligible expenses, you can expect to get 10% more cash back than you did before.

Another advantage of credit cards when paired with SoFi Plus: If you use the Unlimited 2% Card to pay for one of the program’s many offers, you will get both the discount on the service and this bonus cash back.

Intrigued? Check out the program’s full list of benefits and then try out the SoFi Plus Membership calculator to see for yourself how much a membership could benefit you.

How to Maximize SoFi Plus Benefits

Faced with SoFi Plus’s potential rewards, it’s only natural to want to make the most of them. Here are some tips and tricks that will help you reap the rewards you’re entitled to as a SoFi Plus member.

• If you have an existing SoFi Bank savings account with less than $20,000, consider increasing your funds to that level to max out the number of dollars earning 4.50% APY.

• Maximize credit card rewards by making eligible purchases on a SoFi credit card. If you then apply the additional cash back rewards to lowering your card balance, that move may save you money on interest.

• Book trips through SoFi Travel to earn 5% cash back on most expenses; using a SoFi credit card could get you 5.5% cash back.

• Remember that the 1% match on non-retirement SoFi Invest accounts is credited as cash; that is, it’s not automatically invested for you. If it stays in the form of cash, it won’t grow, so you would need to access your account and invest that extra money when you have a plan for it.

• Don’t overlook the help you can get from a SoFi Wealth planner. Their advice may help you grow your nest egg.

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The Takeaway

SoFi Plus is a premium membership program. It is intended to give SoFi members extra perks and financial benefits for a $10 monthly fee. Membership offers exclusive rewards like higher savings rates, investment matches, and unlimited one-on-one sessions with financial planners. While the payoff depends on your personal spending and saving habits, the value of the benefits may often exceed the cost of the subscription.

SoFi Plus is America’s most rewarding financial membership—all in one app.* Unlock extra savings, rewards, discounts, and more.

The smart way to get more from your money.

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FAQ

What are common benefits of a SoFi Plus subscription?

The benefits of a SoFi Plus membership encompass higher savings rates, investment matches, credit card rewards, and more. Some examples:

• SoFi Plus members can earn 4.50% APY on a savings account balance of up to $20,000 (vs. an APY of 3.10% for non-Plus savings account holders who maintain a $5,000 balance).

• SoFi Plus savers receive a 1% match on eligible deposits into a non-retirement SoFi Invest account.

How much is a SoFi Plus subscription per month?

The monthly cost of a SoFi Plus subscription is $10.

What is a SoFi Plus membership?

A SoFi Plus membership is a premium status that any regular SoFi member can attain by paying a $10 monthly subscription fee. Enrolling in SoFi Plus makes you eligible for discounts, cash-back rewards, and other special offers, based on your purchases, deposits, and spending habits.

Is it worth paying for SoFi Plus?

SoFi Plus members have access to a host of perks and rewards that may outweigh the membership fee of $10 per month (or $120 per year). The value of the benefits will vary, however, depending on the member’s own spending and saving activities.

What is the difference between a SoFi Plus and Robinhood Gold subscription?

Both are membership programs that charge a nominal monthly fee; SoFi Plus charges $10 ($120 per year), while Robinhood Gold charges $5 ($50 annually). Both offer enhanced returns on savings accounts; SoFi’s is slightly higher on balances up to $20,000 (4.50% vs. Robinhood Gold’s 4.25%). However, Robinhood Gold also pays a 3.50% APY on checking accounts.

SoFi Plus’s 1% investment account match is unlimited; Robinhood Gold’s 3% match on IRA contributions is capped.

For more details, check out our SoFi Plus vs. Robinhood Gold comparison page.

Is SoFi membership free?

Yes, becoming a regular member of SoFi is free. You become a member by utilizing SoFi services. This may be something as simple as opening a checking or savings account or signing up for a credit card.

What is the cost of a SoFi Plus subscription?

A SoFi Plus membership costs $10 per month, or $120 per year.

Is SoFi Plus membership worth it?

SoFi Plus members have access to a host of perks and rewards that can far outweigh the membership fee of $10 per month (or $120 per year). For example, SoFi Plus provides members with an unlimited number of one-on-one sessions with SoFi Wealth financial planners connected to SoFi Wealth LLC, an estimated value of $300 per session.