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

Why do 12.6M members love SoFi?

NEW! SOFI SMART CARD
• Game-changing charge card secured by SoFi Checking and Savings to simplify your payments.
• Purchases are automatically set aside from your balance in real time, then you pay in full once a month with optional autopay.
• Help avoid overspending because your Smart Card limit equals your SoFi Checking and Savings balance. On-time payments could help grow your credit score with no revolving debt.

MOBILE BANKING & CHECKING ACCOUNT
• Checking account with no account fees and no minimum balance.
• Direct deposit gets you paid up to 2 days early² 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.

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

²Early 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.

We 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/.

9x based on FDIC monthly savings account rate as of October 20, 2025.