This Uncapped 5% Grocery Card Now Has No Subscription Fee

Byadmin July 8, 2026

This post may contain affiliate links – Advertiser Disclosure. As an Amazon Associate, we earn from qualifying purchases.

SoFi Launches New Smart Card

Update: SoFi has quietly improved this card by removing the requirement of having a SoFi Plus membership which costs $10 per month.

That means that this is now a no-fee credit card that earns 5% unlimited cash back rewards at grocery stores.

It’s worth noting that The SoFi Smart Card is a credit card issued by SoFi Bank, N.A., Member FDIC, that is secured by your SoFi Checking and Savings account. Your Smart Card balance must be paid in full each month. The Smart Card is exclusively available to individual SoFi Checking and Savings accountholders and is subject to application and approval.

You can see more details and apply here.

SoFi Technologies has launched a new charge card, the SoFi Smart Card. The card is exclusively available to eligible new SoFi Plus members starting today.

Some of the features of the SoFi Smart Card include:

5% unlimited cash back rewards at grocery stores. With 5% cash back rewards on grocery store and grocery store delivery purchases using the SoFi Smart Card, members could save over $600 annually based on typical monthly grocery spending.
Up to 4.30% APY on SoFi Savings balances for up to six months.
Spending control with a dynamic credit limit based on a member’s Checking and Savings account balances.
Opportunities to grow credit scores responsibly with on-time payments and no hard credit pull to apply.
$0 fraud liability, issued via Mastercard to provide the protections of a credit card.
Fee free access to 55,000+ ATMs worldwide.
Ways to easily send and receive money through person-to-person payments, Zelle, bill pay, worldwide money transfers, and mobile check deposit.
SoFi Smart Card is the secured credit card backed by your SoFI Checking and Savings balance.

The Smart Card is exclusively available to new members who join SoFi Plus, SoFi’s premium membership subscription. The card will leverage Mastercard One Credential to allow for multiple payment options.

HT: Doctor of Credit

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.