SoFi: Bank, Invest & Loans

Mobile banking and investing made easy. Send money instantly, deposit checks digitally, pay bills online, track spending with budgeting tools, save cash in high-yield accounts, and trade stocks with no commission (other fees apply).

Join 12.6M members banking, investing, and saving with SoFi.

MOBILE BANKING & CHECKING ACCOUNT
• Checking account with no account fees, no minimum balance- mobile banking made easy.
• Direct deposit gets you paid up to 2 days early⁵ with instant access to your funds.
• Send money, pay bills online, transfer funds between accounts with no extra charges.

STOCK TRADING & INVESTING
• Trade stocks and ETFs with no commission through SoFi Securities (other fees apply).
• Invest in fractional shares starting at just $5 to build your stock portfolio (restrictions apply).
• Automated investing with digital portfolio management from SoFi Wealth.

HIGH-YIELD SAVINGS ACCOUNT
• Earn high APY¹ on savings balances.
• Savings Vaults help organize emergency funds and savings goals in one place.
• Instant transfers between checking and savings with no fees anytime.

PERSONAL LOANS & CREDIT SCORE
• Personal loan rates for debt consolidation, home improvements, and major purchases.
• Track your credit score with regular updates and monitoring tools.
• Pre-qualify for loans without affecting your credit score- compare rates instantly.

BUDGET TOOLS & MONEY MANAGEMENT
• Budget tracker with automatic spending categorization across all linked accounts.
• Real-time spending alerts protect accounts and help maintain your budget.
•.Bill payment reminders keep you on track and avoid late fees.

BANK SECURITY & CUSTOMER SUPPORT
• Bank-level encryption protects personal and financial information with fraud alerts.
• Instant notifications for suspicious account activity keep your money safe.
• Financial support team available 7 days/week via chat or (855) 456-SOFI (7634).

¹SoFi members who enroll in SoFi Plus with Eligible Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or SoFi members with $5,000 or more in Qualifying Deposits during the 31-Day Evaluation Period can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 11/12/25. There is no minimum balance requirement. If you have satisfied Eligible Direct Deposit requirements for our highest APY but do not see 3.60% APY on your APY Details page the day after your Eligible Direct Deposit arrives, please contact us at 855-456-7634. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.

²We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.

⁵Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

⁹9x based on FDIC monthly savings account rate as of December 16, 2024. See SoFi Checking and Savings rate sheet for annual percentage yield (APY) details at: https://www.sofi.com/legal/banking-rate-sheet.