Do any personal loans earn rewards or cashback?

Why personal loans rarely have rewards: Credit card rewards are funded by interchange fees (1%-3% charged to merchants on each transaction) and by interest paid by cardholders who carry balances. Personal loans have neither - they generate revenue only from interest and fees on a fixed principal. There is no margin structure to fund per-dollar rewards.

Lender loyalty programs as a partial substitute: Some lenders offer member benefits that loosely resemble rewards. SoFi offers member rate discounts, career coaching, financial planning, and referral bonuses. LightStream offers a rate beat program. These are not per-dollar earning, but they do provide value to repeat customers.

Autopay discount as effective cashback: The 0.25%-0.50% APR discount for autopay enrollment is economically equivalent to earning cashback on each payment. On a $15,000 loan at 0.25% discount, the total savings over 36 months is approximately $75-$100 - comparable to modest cashback earnings.

If rewards are your priority: Use a 0% intro APR credit card for purchases where you earn rewards, then pay off the balance before the intro period ends. This earns rewards AND avoids interest. A personal loan is the right tool when the amount is too large for a credit card or when you need a structured payoff schedule longer than an intro APR window.

Exceptions: Some credit unions give points toward future loan rate reductions as a loyalty program. These are rare and not widely advertised.