SoFi Credit Card vs. Chase Freedom Unlimited Credit Card Benefits
By Lauren Ward | Updated September 25, 2026
Earning rewards points is one way to maximize your credit card, especially when your credit is good enough to get pre-qualified and approved for an attractive rewards program. Both SoFi and Chase offer credit cards that let you accrue perks as you spend. But each one comes with its own unique set of features and rewards categories.
Here’s everything you need to know about the SoFi credit card vs. Chase Freedom Unlimited.®
- Key Points
- • The SoFi credit card comes in three distinct options: Unlimited 2%, Everyday Cash Rewards, and Essential.
- • Chase Freedom Unlimited offers tiered rewards, including 5% on Chase Travel and 3% on dining and drugstores.
- • SoFi Unlimited cardholders have zero foreign transaction fees, cell phone protection, and Mastercard World Elite perks.
- • Chase Freedom Unlimited provides travel protection, auto rental coverage, and extended warranty protections.
- • SoFi Plus members receive an extra 10% boost on cash back rates for SoFi Unlimited 2% card purchases.
Subscribe to SoFi Plus today.
What Is a SoFi Credit Card?
The SoFi credit card is a MasterCard-branded credit card from SoFi. There are actually three distinct credit cards available with different levels of cash back rewards: SoFi Unlimited 2%, SoFi Everyday Cash Rewards, and SoFi Essential.
There’s no annual fee with any card, but all three cards are currently invitation-only. Credit card approval odds depend on factors like your income and credit score.
More on fees: Pricing, terms, and conditions
Recommended: What’s the Difference Between a Hard and Soft Credit Check?
Benefits of the SoFi Credit Card
Each SoFi credit card has its own set of rewards benefits.
SoFi Unlimited 2%
• Unlimited 2% cash back rewards on all categories
• 3% cash back on trips booked through SoFi Travel
SoFi Everyday Cash Rewards
• 3% cash back rewards on dining and trips booked through SoFi Travel
• 2% cash back rewards at grocery stores
• 1% cash back rewards on all other eligible purchases
SoFi Essential
• 3% cash back rewards on trips booked through SoFi Travel
In addition to those individual cash back tiers, all three cards come with the following features:
• Zero fraud liability protection: Cardholders are not responsible for unauthorized charges
• ID theft protection: Includes services like access to fraud expertise, ID monitoring and verification, and resolution specialists
• No foreign transaction fees: Avoid statement surcharges when you travel abroad
• Cell phone protection: Up to $1,000 in insurance coverage for your phone
• Mastercard World Elite benefits: Extra perks like 24/7 travel concierge and $5 monthly Lyft credits
• No penalty repricing: Standard purchase APR stays the same even if you make a late payment
What Is a Chase Freedom Unlimited® Credit Card?
The Chase Freedom Unlimited credit card is a Visa-branded cash-back rewards card that offers tiered rewards across different spending categories. Like SoFi’s credit cards, there is no annual fee. You can choose from one of three ways to redeem your points: as cash back, shopping, or travel.
Benefits of Chase Freedom Unlimited® Credit Card
Four different spending categories help cardholders accumulate cash back rewards:
• Travel booked through the Chase Travel portal: 5%
• Dining: 3%
• Drugstores: 3%
• All other purchases: 1.5%
On top of its rewards program, the Chase Freedom Unlimited® comes with other advantages.
• Purchase protection: Transactions up to $500 are covered against damage or theft for 120 days
• Fraud monitoring: Chase will call, text, or email if unusual transactions are detected on your card
• Trip cancellation and interruption insurance: Coverage up to $1,500 per traveler and up to $6,000 per trip if it’s cancelled or shortened due to a covered event
• Auto rental coverage: Provides reimbursements for theft and collision damage
• Extended warranty protection: Adds one year to an eligible manufacturer warranty
Recommended: Free Credit Score Monitoring
SoFi Credit Card vs. Chase Freedom Unlimited Credit Card
Check out this side-by-side comparison of the SoFi credit card vs. Chase Freedom Unlimited.
Feature |
SoFi Credit Card |
Chase Freedom Unlimited Credit Card |
|---|---|---|
Purchase benefits |
✓ Zero fraud liability protection |
✓ Transactions covered up to $500 for 120 days |
Travel perks |
✓ No foreign transaction fees |
✓ Trip cancellation and interruption insurance |
Terms and conditions |
✓ No annual fee |
✓ No annual fee |
SoFi Plus Advantages for SoFi Credit Card
Sofi Plus is a membership rewards program that can help you earn even more from your SoFi credit card. In addition to premium banking services, SoFi Plus members get a 10% boost on cash back rewards rates for all eligible purchases made with a SoFi Unlimited 2% Card.
In other words, you’ll be earning 12% on everyday purchases and 13% on any trips you book through SoFi Travel.
Visit the SoFi Plus page for details on specific membership and promotional offerings.
SoFi Plus Benefits
Becoming a SoFi Plus member comes with several other benefits, including SoFi Plus Experiences, a 4.50% APY on up to $20,000 in a SoFi Bank savings account. You may also get a 1% match on eligible deposits into a non-retirement SoFi investment account, and unlimited financial planning services.
Tips to Maximize SoFi Plus Benefits
A SoFi Plus membership costs $10 per month. One of the best ways to make the most of it is to use the Sofi Plus calculator to estimate the value of your benefits. If you already have savings in another bank account, consider transferring it to a SoFi Bank savings account to take advantage of the 4.50% APY on and up to $20,000. The same is true of the investment match; consider opening a SoFi brokerage account to take advantage of the 1% match.
Using a SoFi credit card as a Plus member also triggers a 10% bonus in your cash back rewards for both general spending and trips booked in our online platform. Altogether, these perks may add up to substantial earnings that quickly outperform the monthly fee.
The Takeaway
Before applying for a credit card, think about analyzing which benefits fit into your current spending patterns. Frequent travelers could give more weight to travel perks, while those with large monthly spending may opt for a card with less restrictive spending categories.
SoFi Plus is America’s most rewarding financial membership—all in one app.* Unlock extra savings, rewards, discounts, and more.
FAQ
Is the Chase Freedom Unlimited card difficult to get?
If you receive a Chase Freedom Unlimited offer in the mail, you’ll likely get approved with a formal application. Banking with Chase could also improve your approval odds.
What credit score do I need for a Chase Freedom Unlimited?
The Chase Freedom Unlimited credit card is designed for applicants with a good credit score, which is usually considered a minimum of 670. Grab a free credit score check if you’re unsure of where you stand today.
What is the minimum credit line for Chase Freedom Unlimited?
Chase doesn’t publicly advertise its minimum credit line for the Chase Freedom Unlimited card. Instead, you may need to check your preapproval to get a personalized offer, including credit line and APR.
What is the Chase Freedom Unlimited credit card?
The Chase Freedom Unlimited credit card is a no-annual-fee card from Chase Bank. It comes with several different rewards point categories, letting you earn at different rates depending on the type of transaction.
What is the cost of a SoFi Plus subscription?
A SoFi Plus subscription costs $10 per month. Membership is month-to-month so you can try it out without a long-term commitment.
Is SoFi Plus worth it?
Yes, SoFi Plus is worth it when you take advantage of the biggest perks available. These include a 10% rewards boost on your SoFi credit card, a 4.50% APY on up to $20,000 in a SoFi Bank savings account, and a 1% match n eligible deposits into non-retirement SoFi Invest accounts.
How to sign up for SoFi Plus?
You can start your SoFi Plus membership online by signing up and connecting a credit card, debit card, or SoFi account for automatic membership payments.
