SoFi Credit Card
|
Chase Freedom Rise℠
|
|---|---|
8.5MyCreditCardLab Score
MyCreditCardLab Score 8.5We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score. |
8.3MyCreditCardLab Score
MyCreditCardLab Score 8.3We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score. |
| ANNUAL FEE | |
| $0 | $0 |
| INTRO APR | |
| N/A | None |
| REGULAR APR | |
| 20.24 percent to 29.99 percent (variable) | 26.74% Variable APR |
| PROS | |
|
|
| CONS | |
|
|
| WELCOME BONUS | |
| None | Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account. |
| REWARDS | |
SoFi Credit Card Rewards program offers remarkable versatility in credit currency. Utilize your earnings across a diverse array of options, such as:
|
Chase Freedom Rise℠ Rewards program boasts exceptional flexibility in credit currency. Redeem your earnings through a multitude of options, including:
|
| BENEFITS | |
| Free cellphone insurance - Receive up to $1,000 of coverage when you pay your cellphone bill with your SoFi card. ID theft protection - World Elite Mastercard benefits - It has Mastercard World Elite benefits. These include cellphone protection. And, they come with savings for Lyft, DoorDash and more. No foreign transaction fees - Save 2% to 3% on foreign transactions, it might be the best fit for consumers who make regular purchases outside the U.S. This card might be good for consumers. They want a business credit card with simple rewards and no annual fee. Sofi balance transfer - The basics of balance transfer credit cards are simple. First, you must open a new card with lower or no interest. Then, you’ll move your credit card balance from the high-interest card to the new one. Once the transfer goes through, you’ll start paying down the balance on your new card. | Building credit - Designed for those new to credit, with potential for credit line increase. It's best for students. Simple rewards - Flat 1.5% cash back on all purchases, no categories to remember. No annual fee - Keep your rewards without worrying about yearly charges. Free credit monitoring - Track your progress and learn credit-building tips. $25 bonus - Get a statement credit for setting up autopay within 3 months. |
| CASH ADVANCE FEE / APR | |
| Either $10 or 5% of the amount of each transfer, whichever is greater | Either $10 or 5% of the amount of each transaction, whichever is greater. |
| BALANCE TRANSFER FEE | |
| APR: 17.99% to 29.99% variable based on creditworthiness and the Prime Rate, Fee: Either $10 or 5% of the amount of each transfer, whichever is greater | $5 or 5% of the amount of each transfer, whichever is greater |
| RECOMMENDED CREDIT SCORE | |
| 670 - 850 (Fair - Exceptional) | 690 - 580 (Fair - Poor) |
| FOREIGN TRANSACTION FEE | |
| 0% | 3% |
| BEST FOR | |
|
|
| More Details | More Details |
SoFi Credit vs. Chase Freedom Rise℠
Easily compare up to three credit cards side by side with our intuitive comparison tool. Assess features, offers, and more to find the best fit for your financial needs.