SoFi, Mastercard work together for debit and credit cards suite of products

Tuesday 18 February 2020 12:08 CET | News

Digital personal finance company SoFi and Mastercard has partnered to offer a suite of products and in-person experiences to its SoFi members.

As per the agreement, the initial focus will be on the SoFi Money debit card, for which Mastercard will be the exclusive card network. The card is one way to spend with the SoFi Money cash management account, which offers no account fees, high-yielding interest, ATM fee reimbursements, mobile check deposit, P2P, and other digital tools. Also, members will take advantage of cashback rewards, complimentary cell phone insurance, discounted airport concierge services, and much more.

With Mastercard’s help, SoFi will leverage the payments network in a bid to develop new products, benefits, and experiences for its members. Mastercard will be the exclusive card network for SoFi’s upcoming credit card product. 

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Keywords: SoFi, debit cards, credit cards, MasterCard, financial institutions, mobile checks, deposits, cashback, ATMs, accounts
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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