The value of redeeming your SoFi Points depends on the SoFi product...
You can redeem your SoFi Points in the following ways in relation to the following SoFi product(s):
- Redeem your SoFi Points into cash in your SoFi Money account
- Redeem your SoFi Points into Stock Bits in your SoFi Active Invest account,
- Redeem your SoFi Points as an extra payment applied to your SoFi Personal Loan or SoFi Student Loan Refinance.
- Redeem your SoFi Points as a statement credit on your SoFi Credit Card
All points redeemed into SoFi Money, SoFi Invest, or applied as extra payments towards your SoFi Personal Loan/SoFi Student Loan Refinance payment, receive a multiplier. This means the actual value that you redeem is worth more than the points you’ve earned. SoFi Points redeemed into SoFi Credit Card statement credit receive no multiplier.
For more details on Redemption Multipliers, see What are Redemption multipliers? FAQ.