SoFi Points earned through SoFi Credit Card spend transactions will be eligible for redemption 3-7 business days after they are posted to your Dashboard. All other points earned will be eligible for redemption immediately after they post to your SoFi Points Dashboard.
- Eligible SoFi Points redemption into cash into your SoFi Money account is immediate.
- Eligible SoFi Points redemption into Fractional Shares into your SoFi Active Invest account is within 1-2 business days.
- Eligible SoFi Points redemption into an extra SoFi Personal Loan payment is within 1 business day.
- Eligible SoFi Points redemption into an extra SoFi Student Loan Refinance payment is within 1 business day.
SoFi Points redemption into SoFi Credit Card statement credit is applied within 1-2 business days.
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.