If your SoFi Checking account Debit Card purchase or ATM withdrawal is in a foreign currency, the amount will be converted to US dollars by Mastercard based on their exchange rate at the time of settlement.
A 0.9% foreign convenience fee is charged, which SoFi pays rather than passing the cost on to you.
There is a 0.2% foreign exchange fee charged by Mastercard that we do not reimburse, it will be calculated into your transaction directly.