SoFi expanded its credit card portfolio with the launch of the SoFi Everyday Cash Rewards Credit Card and the SoFi Essential Credit Card. The SoFi Everyday Cash Rewards Credit Card is designed for those prioritizing rewards on daily spending.
The SoFi Essential Credit Card offers a reliable credit line for building or improving credit scores, featuring no annual, over-limit, or foreign transaction fees. CEO Anthony Noto stated that expanding the credit card offering enables SoFi to better serve more people's spending and borrowing needs.
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