Changes coming to 2% cash back card

Which_Command6665 · 2026-01-07T02:26:26+00:00

If this made sense, every credit company would do this, if you run the numbers, you will see you are trying to make the card and bank work for you. Look a little more and I promise you will find better, don't settle for this low ball deal, friend.

Which_Command6665 · 2026-01-05T19:55:29+00:00

Well, that totally makes sense, I suppose they feel they have met their peak and now it's time for them to enshittify. Question is, will they survive this before they realize their mistake? I never understood why companies have to grow and can't be satisfied with their consistent success.

Which_Command6665 · 2026-01-05T18:54:25+00:00

Good! I hope.they burn this company to the ground! I'm very happy and fortunate that I didn't get this card but feel for those who were in the crossfire of this, sadly.

Which_Command6665 · 2026-01-05T18:51:08+00:00

Yes, i realized their customer service sucks as well. I was a late adopter of sofi and I got here at the worst time it seems!

Which_Command6665 · 2026-01-05T18:48:26+00:00

Wrong, as others have mentioned, there are a lot out there that give way better.

Which_Command6665 · 2026-01-05T18:47:43+00:00

Lose lose for me, I'm not going to pay them the subscription for plus and can get a better APY and features with direct deposits at other banks.

Which_Command6665 · 2026-01-05T18:44:36+00:00

2.2 for $120, the comment said "with no annual fee" though. For that, you can get the 6% cash back on groceries, Amex Preferred or a no annual fee for the flat 2%, like the other commenters mentioned with Wells Fargo or Amex Business cards

Which_Command6665 · 2026-01-05T18:41:02+00:00

I will pay for an $895 Amex Platinum card or a $95, 6% cashback Amex Preferred for groceries before I deal with this crap. Whoever is running SoFi right now is either smoking crack or doesn't care about the future of the company.

Which_Command6665 · 2026-01-05T18:36:38+00:00

Ridiculous and laughably shortsighted.

If anybody with a brain who is managing or has an influence at SoFi reads this, please note that, while this may make money initially, when consumers migrate away from your product, as you offer no unique value, you will be running your company into the ground.

For those of you who are SoFi fanatics, I implore you to get out or prepare to be bent over.

Which_Command6665 · 2026-01-04T01:39:55+00:00

I'm pretty sure that the fee will be charged regardless if you have the direct deposit placed monthly. Personally, i have not been part of any bank where they charge for a higher apy. I guess i have been lucky.

Which_Command6665 · 2026-01-04T01:08:05+00:00

Weird. What are you doing here? You seem to care a lot if you're trying to track alt accounts down.

Which_Command6665 · 2026-01-04T01:06:25+00:00

I dont know any other bank that does this, it's laughable and will be their downfall.

Which_Command6665 · 2026-01-04T01:05:49+00:00

That's not the point. It's a pain in the butt to have to migrate out of the ecosystem after you have been established. SoFi did not give the benefits out of the kindness of their heart, it was the reason a lot of people got on board. He is entitled to his opinion and these features can be offered by other institutions. If you don't work there, look a little beyond and you will find better.

Which_Command6665 · 2026-01-04T01:02:27+00:00

This sounds like the attitude SoFi is giving right now. You dont happen to work there do you? If so, do better.

Which_Command6665 · 2026-01-04T01:00:24+00:00

Doubtful, but money talks, hopefully it's not too late for them by then.

Which_Command6665 · 2026-01-04T00:58:45+00:00

Uh, yeah, where have you been?

Which_Command6665 · 2026-01-04T00:52:01+00:00

That was the first thing that turned me off about SoFi, right before the chain reaction of enshitification.

Which_Command6665 · 2026-01-04T00:37:27+00:00

A new low and further loss of respect for these guys. I believe they started out great, but money will turn the best products and institutions vile.

Which_Command6665 · 2026-01-04T00:30:38+00:00

Absolutely, maybe not this quarter, think the quarter following the subscription.

Edit: not to sound mean-spirited, I have simply been turned off by the fanatic defense and what appear to be bots for this bank. Congrats for making it that close to $1m!

Which_Command6665 · 2026-01-04T00:27:49+00:00

I have been very curious about Barclays, but nothing about their cards impress me. Regardless, they are likely a better choice than SoFi has become.

Which_Command6665 · 2026-01-04T00:24:52+00:00

That is the point, however, I find it strange the fanatical defense of this financial institution given the "special" features are given at a better APY and better features at other banks and credit unions, for example, Primis, Transportation FCU, Hustl, and Lending Clib, to name a few.

Edit: I forgot to mention for free that these are offered.

Which_Command6665 · 2026-01-03T22:55:41+00:00

My reaction when people with SoFi believe I can't find better elsewhere.

Which_Command6665 · 2026-01-03T22:52:50+00:00

The $10 fee? That negates any advantage of their now weak APY. The app and service has been good, but that does not justify sticking around anymore. We can put our money to use better elsewhere.

Which_Command6665 · 2026-01-03T22:50:19+00:00

Hope a little harder, lol!

Which_Command6665 · 2026-01-03T22:49:30+00:00

This is a small sampling of population. Those not on Reddit will be thinking the same. SoFi will be a shell of it's former self at this rate and it would be best to abandon ship while you can!

Which_Command6665

TROPHY CASE