You can set up monthly automatic redemption of your rewards points balance for any available redemption method. When you enable auto-redemption, your entire available rewards points balance will be applied to your redemption method of choice on the date of your choice.
- Example: If you choose to auto-redeem your monthly rewards points balance into your active SoFi Checking and Savings account on the 24th of every month, every month your entire rewards points balance as of the 23rd of the month will be automatically converted to cash into your SoFi Checking and Savings account.
To set up auto-redemption, please follow these steps:
- Open the SoFi app and log in to your account
- Once you’re logged in, tap the gem icon above your account details
Please note that auto-redemption can only be managed through the SoFi app.