You can set up monthly automatic redemption of your SoFi Points balance for any available redemption method. When you enable auto-redemption, your entire available SoFi 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 SoFi Points balance into your active SoFi Money account on the 24th of every month, every month your entire points balance as of the 23rd of the month will be automatically converted to cash into your SoFi Money account.
To set up auto-redemption, from your SoFi Points Dashboard, click on “Set up” next to the Auto-redeem toggle at the top of your Dashboard.