SoFi Money

Save, spend, and earn—all in one product.

SoFi Money® is a cash management account that earns you 1.80% APY1 on all your cash and has no account fees.

We work hard to give you high interest and charge no account fees. With that in mind, our interest rates, fees charged, and
ATM fee reimbursement policies are subject to change at any time. See our terms and conditions.

Get Your Money Right.®

We believe your money should earn you money, not cost you money.
That’s why SoFi Money has high interest and no account fees.

Earn 1.80% APY.1

Pay no account fees.

ATM fees reimbursed.2

Make your hard-earned money earn money.

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 1.80% 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.

Don’t pay money
to get your money.

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.

ATM fees
reimbursed—
worldwide.

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.

Catching on to how
great Money is?

We’re just getting
started.

Quick sign up

Sign up for SoFi Money in just 60 seconds. It’s that easy.

Cash management

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.

Mobile

Your phone has what you need to get the job done—complete with mobile transfers, photo check deposit, and customer service.

Secure

Once your money arrives at our partner banks, it is FDIC insured up to $1.5 million.3

Joint accounts

Get joint access to your money for you and your +1.

P2P transfers

Send money to anyone you need to right from your app. And when you send to SoFi Money holders, they’ll get it instantly.

Come for SoFi Money.
Stay for membership benefits.

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.

Check out the
membership benefits →

People are talking about Money:

Save, spend, and earn—
all with one product: SoFi Money.

It takes just 60 seconds to sign up.

See all FAQs.

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