Sofi World Elite Mastercard®

Invest, save, trade, and pay down debt with the SoFi Credit Card

Updated: Mar 27, 2024

Advertiser Disclosure

Sofi Credit Card features no annual fee, World Elite Mastercard benefits including Mastercard ID theft protection, crypto rewards, and fast pre-qualification. The card also offers a $50 bonus for new cardholders and free smart budgeting and spending tools.




12.99% - 24.99% Variable



26 User Ratings

Sofi World Elite Mastercard®

This card is not available right now.

Compare Similar

Introductory APR


Intro APR Period


Recommended Credit Score


Key Features

  • Get a $50 welcome bonus!
  • No annual fee
  • No foreign transaction fees
  • Get 2x points (4% cashback) on all purchases and redeem your earned points straight into crypto
  • Make 12 monthly on-time payments and get APR lowered by 1%
  • Online prequalification will not impact your credit score
  • Free spending and budgeting tools
  • Complimentary cell phone insurance coverage up to $1,000
  • Protect your personal information by detecting potential fraud
  • Exclusive offers on ride-sharing, food delivery, online shopping, and more

Our Take

Sofi credit card issued by The Bancorp Bank under World Elite Mastercard is designed to help achieve your financial goals. You can invest, save and pay a debt with it. The best part of it is that you can pre-qualify for it without affecting your credit score. The Sofi card has no annual fee, no international transaction fee, and offers 2% cash back rewards. If you cannot get the Sofi Credit Card you should try Sofi Money World Debit Mastercard which offers up to a $325 cash bonus and instant approval.

Sofi Credit Card Advantages

  • $50 Bonus – use the application link and get $50 in reward points toward your financial goals
  • No annual fee – say goodbye to the annual fee! There is no annual fee ever.
  • Unlimited cashback – get 2% cashback on all purchases when you redeem it to pay down eligible debt, invest, or save with SoFi.
  • Helps with your financial goals – lets you invest, save, pay your loan and reach your financial goal
  • Options to Lower APR – every 12 months when you pay on time every time your APR will be reduced by 1%.
  • Fast pre-qualification – applying online for the Sofi credit card does not affect your credit score.

Additional Perks and Benefits

  • DoorDash – get 3 months of free membership and $5 off your first order
  • Lyft – take at least 3 rides monthly and get a $5 credit every month.
  • HelloFresh – get up to 14 free meals and earn 5% cash back on all orders.
  • ShopRunner – get a free membership that includes free 2-day shipping.
  • World Elite Concierge – Enjoy complimentary access to a 24/7 elite concierge service.

How Does the Sofi Card Compare to Other Offers?

Sofi Credit Card vs Nexo Crypto Card

When it comes to comparing SoFi and Nexo Card, there are several differences that should be taken into consideration. First, the SoFi Credit Card provides a 3% cashback reward rate, while Nexo offers up to 2% in NEXO or 0.5% in BTC rewards. Second, the SoFi Credit Card does not require a credit check, whereas Nexo is a collateral-based lending system. The Nexo Card and SoFi card are available worldwide. Ultimately, both cards offer great rewards for their customers and both provide secure and reliable solutions for those wanting to use cryptocurrency to pay for goods and services.

Sofi Credit Card vs Upgrade Bitcoin

The Upgrade Bitcoin Rewards Visa and SoFi Card are two popular options for those looking to earn rewards when spending with a credit card. Both cards offer 1.5% cash back for a year when redeeming for Bitcoin or Ethereum. However, the SoFi Credit Card is the only one of the two to offer 3% cash back for a year. Furthermore, those with a SoFi Crypto Account have the added benefit of being able to redeem their cryptocurrency rewards earned through their card directly into their SoFi account. Ultimately, both cards offer great rewards to those looking to earn crypto rewards, however, the SoFi Credit Card offers more generous rewards and added convenience. But, the Upgrade Bitcoin card has a higher credit limit.

Other Similar Offers

Compare Similar
Basic Information
Issuer: The Bancorp Inc.
Network: Mastercard®
Category: Consumer (Premium)
Best Used For:
  • No Foreign Transaction Fee
  • EMV Chip
  • High Credit Limit
  • Pre-Qualification
  • Digital Cards
  • Crypto Card
Rewards: Yes
Reward Types:
  • Other Rewards
  • Universal Rewards
  • Crypto Back Rewards
Reward Units: Point
Rates & Fees
Regular APR: 12.99% - 24.99%
Regular APR Type: Variable
Annual Fee: $0
Balance Transfer: Yes
APR on Cash Advances: 26.99%
Grace Period: 25 days
Late Payment Fee: $39
Other Fees:
  • Minimum Interest Charge: $1.00
  • Late Payment Fee: Up to $39
  • Returned Payment Fee: Up to $39

Similar Offers

Non-Affiliate Offer Disclosure
*The information provided for Sofi World Elite Mastercard® is believed to be accurate at the time of evaluation and has been collected independently by MarketProSecure®. The card issuer did not provide the details, nor it is responsible for their accuracy.

Sofi World Elite Mastercard®

Reviews - (1 User Reviews)
Share your experience and rate the Sofi World Elite Mastercard®
January 3, 2022
MW (56-65) - Cardholder
Income on Application
Credit Score
Good (670-739)
Credit Limit
Filed for Bankruptcy

Credit Limit

This card is backed by Bancorp which I am not 100% sold on. However, my reason for getting this card is it starts out with $1,000.00. So I was wanting another one with a higher limit. Because if I am approved for $1,000.00 then using 25% of that credit line means I am spending $250.00 which means I need either a higher credit limit or will have to use more than one card to balance out my usage. But Sofi gave me $5,000.00 credit limit which is what I needed because now I can spend up to $1,250.00 and still only be at 25%. So if I need a washer, dryer, new water pump, new lawn cutting device or what ever, I feel I can now get it. I think the key issue here is all about budgeting and never taking on more than you can handle.
Fees & Charges:
Features & Benefits:
Customer Support:
Application Process:
Comment (0)

Sofi World Elite Mastercard®

Sofi World Elite Mastercard®

Rec. Credit Score: Fair

Save to Compare

My Saved Cards (0)

Compare Saved Cards

Market Pro Secure® has made it easy to find the best card offers for you. All you need to do is find the cards you like, click "Save Card", and compare side-by-side.


Advertiser Disclosure

Market Pro Secure® is an independent payment card comparison service supported by advertisers, a complete list of which can be seen in our Editorial Guidelines. Even though some of these advertisers are financial product providers and credit card issuers, our paid partnerships don't affect card ratings or the Best Card Picks on our website. We don't post any content that is provided or commissioned by any of our partners. However, our paid partnerships may affect how and where products appear on our site, including the order in which they are presented within listing categories. This order may also be affected by our website rules, as well as the likelihood of the applicant’s credit approval. We can't offer any warranty for the accuracy of the credit card information we share on our website, even though we do our best to keep the Terms and Conditions, rates, and other credit card details up-to-date. For more accurate information, click "APPLY NOW" to get transferred to the credit card issuer's official website. Market Pro Secure® doesn't include all available payment cards in the marketplace.