Heads up, SoFi credit card users! Some folks are getting an unwelcome email about a new $10 monthly fee hitting their accounts starting February 23, 2026. SoFi claims this is to maintain current card benefits, but it stings, especially since there's no clear reason why some cardholders are targeted and others aren't. Customer service reps say it's only hitting a small segment, but it's worth checking your inbox!

Why should you care? Well, a $10 monthly fee essentially wipes out a chunk of your rewards, especially if you don't spend a ton. The article mentions an alternative: upgrading to SoFi Plus for the same $10 monthly fee. This could allow users to earn 2.2% cash back. If you find yourself targeted, you've got a decision to make. Either close the card before the fee kicks in, or explore SoFi Plus to potentially squeeze more value from your spending. Keep a close eye on your email and consider your spending habits to see if the upgrade makes sense.