Can I cancel a balance transfer after submitting it?

By Dana Paltao | Jul 15, 2026 | | Comments Off

Balance transfers can be canceled within 24 hours of submission. After that, they can’t be canceled — even if the transfer hasn’t fully processed yet.

Note: Contact SoFi support within 24 hours of submitting your transfer request if you need to cancel. Please contact our team at 1 (855) 456-7634.

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ABOUT Dana Paltao

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 meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, years of professional experience, income, and a variety of other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Financial Protection and Innovation under the California Financing Law License No. 6054612. Loans are originated by SoFi Bank, N.A. (Member FDIC) NMLS #696891 (www.nmlsconsumeraccess.org) Equal Housing Lender.

SoFi Lending Corp. NMLS #1121636

✝︎ To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

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Can I cancel a balance transfer after submitting it?

All your finances. All in one app.

All your finances. All in one app.

App Store rating

All your finances.
All in one app.

All your finances.
All in one app.