You work hard for your money. Now let your money work hard for you. Once it arrives at our partner banks—you’ll start earning 1.60% APY1 on all your cash.
Our goal is to keep your interest rate high.
That being said, our interest rate is subject to change at any time.
No denying it: Fees are annoying and people hate them. That’s why SoFi Money doesn’t have any transaction fees, monthly fees, or many other common types of fees.2
Our goal is to eliminate as many fees as possible.
That being said, our fee structure is subject to change at any time.
Sometimes you want cold hard cash. You shouldn’t be charged for that—no matter where you are. Use any ATM worldwide that accepts Visa® and we’ll reimburse you for the fees.
Our goal is to eliminate as many fees as possible. That being said, our ATM fee reimbursement policy is subject to change at any time.
Sign up for SoFi Money in just 60 seconds. It’s that easy.
Storing cash until you’re ready to invest? Or working toward a down payment? No matter what your goals are, SoFi Money can help you on your way.
Your phone has what you need to get the job done—complete with mobile transfers, photo check deposit, and customer service.
Once your money arrives at our partner banks, it is FDIC insured up to $1.5 million.3
Get joint access to your money for you and your +1.
Send money to anyone you need to right from your app. And when you send to SoFi Money holders, they’ll get it instantly.
SoFi Money holders get access to exclusive member benefits like events and experiences, financial planning, career services, member rate discounts on additional SoFi loans, and more—all at no cost.