SoFi Checking and Savings
Bonus Details:
- Up to $300: either $50 or $300 signup bonus dependent on qualifying direct deposit amount.
- Up to 3.8% APY: get 3.8% APY on the savings account with direct deposit of any amount. The direct deposit can be to either the checking or the savings account.
Bonus Requirement:
The Direct Deposit Bonus Period begins when SoFi receives an Eligible Direct Deposit of $1 or more within the Promotion Period and ends 25 calendar days later. Make direct deposits totaling $1000 or more during the Promotion Period for a $50 bonus. Make direct deposits totaling $5000 or more for $300 instead.
Monthly Fees: None
No monthly maintenance fees.
Credit Inquiry: Soft Pull
Availability: Nationwide
Household Limit: None
Account Type: Personal Bank Account
Expiration: 1/31/2026
Additional Requirements: Direct deposits must be received by the end of the promotional period (i.e., before January 31, 2026), meaning that depending on your paycheck size and schedule you may need to sign up no later than December.
Disclosure: Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.