The Good
- Premium SoFi Membership Benefits
- Benefits Within One Financial Ecosystem
- May Add Value for Active SoFi Users
- Smart Card Information Available
Premium Membership Benefits
SoFi Plus bundles premium benefits within the SoFi ecosystem. The value depends on the current benefits available and how many of them a member actually uses.
One Financial Ecosystem
The membership may appeal to consumers already using SoFi products who prefer to access eligible benefits within the same ecosystem.
Smart Card
SoFi materials describe the Smart Card as issued by SoFi Bank, N.A., Member FDIC, and secured by a SoFi Checking and Savings account. Consumers should review the current account and card terms directly with SoFi.
What to Check Before Signing Up
- Current membership price and eligibility requirements
- Benefits you will actually use
- Smart Card and linked account terms
- Whether free alternatives better fit your needs
The Bad
- Membership Value Depends on Usage
- Benefits and Pricing Can Change
- Not a Standalone Bank Account
- Related Products Have Separate Terms
Value Depends on Usage
A paid membership is most useful when the benefits a consumer actually uses justify the current cost and requirements.
Benefits Can Change
Membership pricing, eligibility rules, and individual benefits can change. Check SoFi's current disclosures before subscribing.
Not a Standalone Bank Account
SoFi Plus is a membership and benefits program. Related banking and card products have their own terms, eligibility requirements, and disclosures.
Frequently Asked Questions
Is SoFi Plus a bank account?
No. It is a membership and benefits program in the SoFi ecosystem; related banking products have their own terms.
Is SoFi Plus worth it?
That depends on whether the current benefits you expect to use outweigh the membership cost and requirements.
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Features
- Premium Membership
- SoFi Ecosystem Benefits
- Smart Card Information
- Subscription Conditions