1 point = $0.01 for Checking and Savings, Credit Card, Invest, and Loans
You can redeem your rewards points in the following ways in relation to the following SoFi product(s):
- Redeem your rewards points as cash in your SoFi Checking and Savings account
- Redeem your rewards points as cash in your SoFi Active Invest account
- Redeem your rewards points as an extra payment applied to your SoFi Personal Loan or SoFi Student Loan Refinance
- NOTE: Payments will be applied first to fees and charges (including late fees), then to accrued interest to the date payment is received, and then any remainder to the principal balance of your loan.
- Redeem your rewards points as a statement credit on your SoFi Credit Card