What Is a SoFi Plus Membership and How Does It Work?
By Austin Kilham | Updated August 24, 2026
Managing your finances involves balancing several priorities at once, including saving for the future, investing, borrowing wisely, and still making time to enjoy life. SoFi Plus is a program designed to help you do all of those things, bundling access to financial planning, elevated savings rates, investment perks, and more into a single monthly subscription.
- Key Points
- • SoFi Plus is a monthly subscription program that bundles financial planning, elevated savings rates, and borrowing discounts.
- • Members pay $10 per month or $120 annually to access the full suite of SoFi Plus benefits.
- • Premium banking services include higher interest rates on savings along with discounts on various loan origination fees.
- • Investment perks feature a 1% deposit match on non-retirement SoFi Invest accounts and preferred access to IPO allocations.
- • SoFi Plus members are eligible for a 1% match on SoFi Bank crypto purchases, earned in rewards points.
Subscribe to SoFi Plus today.
What Is SoFi Plus?
SoFi Plus is a monthly membership that offers benefits and discounts to help you boost your savings, invest, and earn more through SoFi rewards programs. As a SoFi Plus premium banking services member, you can also receive discounts when borrowing, including on home loans, student loans, personal loans, and student loan refinancing.
Visit the SoFi Plus page for details on specific membership and promotional offerings.
Benefits of SoFi Plus
SoFi Plus offers a suite of membership rewards, including:
• Higher interest rates: Members can earn 4.50% APY or Annual Percentage Yield on up to $20,000 saved in a single SoFi Bank savings account while other savings balances earn 3.10% APY.
• Free financial advice: Pulling together a financial plan on your own can be daunting. SoFi Plus members have access to financial planners. In one-on-one sessions, you and a planner can work to develop personalized strategies for budgeting, paying down debt, savings, and investing.
• Investing boost: Investors may receive a 1% match on eligible deposits into non-retirement SoFi Invest accounts. They can get 40% off a CNBC+ membership to stay on top of investment news.
• Discounts on borrowing: Members may receive discounts on fees for home loans, personal loans, student loans, and student loan refinancing. For example, members can receive $500 off origination fees on SoFi mortgages.
• More rewards: Users receive a 10% boost on cash back rewards earned through select SoFi credit cards, 5% cash-back rewards points on SoFi Travel bookings (excluding airfare), and twice the rewards points on qualifying account activity.
• Discounts on useful services: Members receive discounts for additional tools that can help build a strong financial foundation. For instance, users receive a 50% discount on Hello Privacy, a digital privacy and data removal service. They also get $200 off trusts from estate planning platform Trust & Will and 20% off tax preparation software TurboTax.
• Just for fun: Beyond financial tools, members are eligible for SoFi Plus Experiences, 10% off tickets with ticket exchange platform Vivid Seats, and $20 reward on dining with Seated.
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How Much is the Cost of a SoFi Plus Membership Per Month?
Membership costs $10 per month, starting on the day you sign up. The cost of an annual membership is $120 per year.
Example Use Case of SoFi Plus Benefits
Sometimes the best way to understand a benefits program is to see it in action. Consider the following hypothetical situation.
A SoFi Plus member has $20,000 in savings, spends $2,500/month on their SoFi credit card, deposits $1,500/month into their SoFi Invest account, and wants regular financial planning check-ins to stay on track with their retirement goals. They are a homeowner and looking to tap into their home equity this year to fund some renovations.
What they get for $10 per month ($120 per year):
• Savings: They earn 4.50% APY on their $20,000, or about $900 in interest annually, assuming the balance remains $20,000 for a full 12-month period. Terms apply.
• Invest match: 1% on $18,000 in annual deposits, or about $180 back. Terms apply.
• Credit card boost: 10% rewards boost on $30,000 per year in spending, or about $60 in extra rewards.
• Home equity discount: When they tap their home equity, they save an extra $200 off origination fees. Terms apply.
• Financial planner: They schedule three sessions throughout the year to review financial strategy, an approximate $900 value.
Total estimated annual value: an estimated $2,240
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When Is SoFi Plus Best?
SoFi Plus delivers the most value when you can use enough of its benefits to exceed the $10 per month, or $120 per year, membership fee. Even a single one-on-one session with a financial planner—estimated at $300 in value—could make the membership worth it on its own. Members who bank, invest, and borrow through SoFi are best positioned to maximize what the program has to offer.
Tips to Maximize SoFi Plus Benefits
The more SoFi Plus benefits you use, the more value you may get from a membership. A good starting point is identifying which perks already align with what you’re doing financially.
SoFi Plus Member Calculator
Not sure how the math works out in your situation? Check out the SoFi Plus Calculator. It allows you to plug in your savings balance in SoFi accounts, your monthly investment account deposits, your average credit card spend, and interest in financial planning sessions to estimate your potential annual value. It’s a quick way to see whether membership makes sense for you before signing up.
The Takeaway
SoFi Plus packs a lot of potential value into a $10 monthly membership. Make the most of it by using the tools that make sense for your financial situation. If you’re on the fence, try running your numbers through the SoFi Plus Member Calculator to see how the benefits stack up against the annual fee.
SoFi Plus is America’s most rewarding financial membership—all in one app.* Unlock extra savings, rewards, discounts, and more.
