SOFI PLUS · 2026 REVIEW

One membership.
$1,000+ in
potential value.

SoFi Plus stacks an APY boost, cash back rewards, and loan rate discounts into one premium membership. Here's what you actually get.

Get Started Terms apply.

APY
Boost

On savings

Earn a higher APY on SoFi Savings with eligible direct deposit.

Member status

$0 subscription hassle

Rate discounts
on loans

Plus members unlock rate discounts on SoFi personal, student, and home loans — savings that add up fast.

Rewards

Boosted cash back and rewards across the SoFi ecosystem for Plus members.

Member benefits

What SoFi Plus actually gets you

We broke down the headline perks so you can decide if the membership pays for itself.

Savings

APY boost on your savings

Plus members earn a boosted annual percentage yield on SoFi Savings balances with eligible direct deposit — one of the most competitive rates available from a major fintech.

Smiling young professional checking rewards on her phone at a sunny cafe

Everyday rewards

Boosted cash back & rewards

Earn more on everyday spending with elevated cash back and rewards rates across SoFi products — money back on the purchases you already make.

Borrowing

Loan rate discounts

Planning a personal loan, student loan refinance, or mortgage? Plus members get exclusive rate discounts that can save hundreds over the life of a loan.

How it works

Up and running in three steps

Join SoFi Plus

Set up direct deposit

Route an eligible direct deposit to your SoFi Checking & Savings account to unlock the top-tier benefits.

Watch the perks stack

Your APY boost, rewards, and rate discounts activate automatically — no points to track, nothing to redeem.

Side by side

SoFi Plus vs. standard membership

Benefit	Standard	SoFi Plus
Competitive savings APY	✓	✓ + boost
Extra APY boost on savings	—	✓
Boosted cash back & rewards	—	✓
Loan rate discounts	—	✓
Exclusive member events & perks	—	✓
Early access to new features	—	✓

Benefit details based on SoFi's published membership terms as of 2026. Check SoFi's site for current rates and eligibility.

Questions

Frequently asked questions

SoFi Plus is SoFi's premium membership tier. It adds an APY boost on savings, boosted cash back and rewards, loan rate discounts, and exclusive perks on top of the standard free membership.

SoFi estimates $1,000+ in potential yearly member value, combining the savings APY boost, rewards, and loan discounts. Your real value depends on your balances, spending, and borrowing.

Yes — the top APY tier requires an eligible direct deposit into SoFi Checking & Savings. Without it, you still earn a competitive base rate.

SoFi Bank, N.A. is an FDIC-insured institution. Eligible deposits are insured up to the applicable FDIC limits.

This is an independent review page. We may earn a commission if you sign up through our links, at no extra cost to you. See the disclosure below.

Ready to make your money
work harder?

Join SoFi Plus today and unlock the APY boost, rewards, and rate discounts worth $1,000+ in potential yearly value.

Get SoFi Plus Now