SoFi Everyday Cash Rewards Credit Card Review
Overview
The SoFi Everyday Cash Rewards is a food-focused no-fee card: 3% on dining, including delivery, and 2% at grocery and convenience stores. Like the flat SoFi card, anyone can apply, which is nice for a card with real category rewards.
It is a solid free card if your spending leans toward food, though the value is best when you redeem into a SoFi account, and there is no standing welcome bonus to sweeten year one.
Think twice if: your spending is spread out or you want a welcome bonus, since the bonuses are food-focused and there is no standing sign-up offer.
Our 3.5 out of 5 rating
Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.
Rewards: how it earns
You earn 3% on dining and food delivery, 2% at grocery and convenience stores, 3% on SoFi travel, and 1% on everything else, with no annual fee. That is strong coverage of everyday food spending for a free card, with the same SoFi-redemption angle as its sibling.
| Category | Rate | Notes |
|---|---|---|
| Dining and restaurants | 3x | Bonus category |
| Groceries | 2x | Bonus category |
| Gas | 1x | Base rate |
| Travel | 1x | Base rate |
| Streaming | 1x | Base rate |
| Everything else | 1x | Everything else |
The fine print on rates: Food-focused rewards; the strongest value comes when you redeem into a SoFi account. Open to anyone (no membership gate).
Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.
Pros and cons
- No annual fee
- 3% on dining and food delivery, 2% on groceries
- Open to anyone, no membership required
- 3% on SoFi travel
- Only 1% outside its food categories
- No standing welcome bonus
- Best value requires redeeming into a SoFi account
The welcome bonus
There is no standing welcome bonus; offers vary by applicant. Not a dealbreaker for a free card, but worth knowing.
Is the annual fee worth it?
There is no annual fee, so there is nothing to justify. Strong food-category earning for free makes it an easy card to hold if you eat out and buy groceries.
Statement credits
This card does not come with recurring statement credits. Its value is in the rewards rate and welcome offer.
Who should get it, and who should skip it
If food is a big part of your budget and you like that anyone can get it, the Everyday Cash Rewards is a good free card, the 3% dining and 2% groceries add up.
If your spending is more general, a flat-rate card or a broader category card may serve you better. But for the food-focused, this is a nice open-to-all option.
Frequently asked questions
Best-card guides featuring this card
Offer details verified against issuer sources as of July 2026. Editorial opinions are our own. Cardocrat values all points at a flat 1 cent and never inflates redemptions.
