What are SoFi Vaults?

Vaults are sections of your savings that you create to earmark money for goals, an emergency fund, or just a rainy day—while still earning the same interest rate on all your money.

How many Vaults can I have?

You can currently have up to 20 Vaults at a time.

Are there any fees or minimums to use a Vault?

No, Vaults have zero fees and no minimums. It’s all part of our goal to make SoFi a great way to spend and save.

Roundups are a way to help you save automatically—every time you spend using your SoFi debit card. When you turn on Roundups, each purchase on your SoFi debit card will be rounded up to the next whole dollar. That amount will automatically be transferred from your spending balance to the Vault you prefer.

Can I apply my Roundups to more than one Vault?

Currently, Roundups can only be applied to one Vault at a time. We know that many members want ways to save even faster, so look for more options coming later this year.

Why don’t I see a Roundup right after a purchase?

Roundups occur when a debit card purchase settles in your account. Some purchases settle immediately, others may take 1-3 days to settle, and may have a different final amount (for example, purchases with a tip).

Can I set up automatic transfers to my savings account?

Yes! Just log into your account then select the source, amount, and frequency of the transfer. It’s that easy.

How do I set up AutoSave for my paychecks?

Setting up AutoSave only takes a few seconds. Simply set a specific dollar amount or percentage of your paycheck you’d like to save. Then, we’ll automatically transfer that amount to your savings Vault every time you get paid.

Automatic Savings Plan for SoFi Checking and Savings

SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. The SoFi® Bank Debit Mastercard® is issued by SoFi Bank, N.A., pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

¹ 9x based on FDIC monthly savings account rate as of October 20, 2025.

² Requires direct deposit of funds. Early access to direct deposit funds is based on the timing in which we receive notice of impending payment, which is typically up to two days before the scheduled payment date.

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No Account Fee

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 Bank Fee Sheet for details at sofi.com/legal/banking-fees/.

SoFi Bank, N.A., 2750 E Cottonwood Pkwy STE 300, Salt Lake City, UT 84121. Screen images simulated. BK21-68395

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