SoFi Checking and Savings Offer

Bonus Details

Up to $400: either $50 or $400 signup bonus dependent on eligible direct deposit amount.
Up to 3.10% regular APY: get a high Annual Percentage Yield on the savings account with monthly deposits of at least $5,000 or eligible direct deposit of any amount. These deposits can be to either the checking or the savings account.
Limited Time APY boost: get an extra 0.90% APY for the savings account on top of the regular rate, currently 3.10% (total of 4.00%!) if you open your first SoFi checking and savings account and receive monthly deposits or direct deposits of at least $5,000. The boost will last for 6 months or until you stop getting these deposits.

How To Qualify

The Direct Deposit Bonus Period begins when SoFi receives an Eligible Direct Deposit of $1 or more and ends 25 calendar days later. Make direct deposits totaling $1000 or more during the Direct Deposit Bonus Period for a $50 bonus. Make direct deposits totaling $5000 or more for $400 instead.

APY Details

Up to 3.10% regular APY, plus a limited-time 0.90% boost (4.00% total) on a first SoFi checking and savings account.

APY Requirements

An eligible direct deposit of any amount, or monthly deposits of at least $5,000. The 0.90% boost needs monthly deposits or direct deposits of at least $5,000.

The Fine Print

Monthly Fees: None
Household Limit: None
Account Type: Personal Bank Account
Expiration Date: 12/31/2026
Availability: Nationwide

Monthly Fee Details

No monthly maintenance fees.

Disclosure

Full terms at sofi.com/banking. Terms for 0.90% APY boost at sofi.com/banking#2. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.

While there are no account, service, or maintenance fees for SoFi Checking and Savings, there are transaction fees for wire transfers, Instant Transfers, and global remittance transfers. Fees may change at any time. Full Fee Sheet at sofi.com/legal/banking-fees/.