Samsung Money by SoFi charges you no account fees.

Whether you’re storing cash until you’re ready to invest or working toward a down payment, Samsung Money by SoFi can help you on your way—with no account fees while you’re at it.

We work hard to charge no account fees. With that in mind our fee structure is subject to change at any time.1

No account
minimum fees

Samsung Money by SoFi is a cash management account that doesn’t require you to have a minimum balance—and doesn’t charge you for not having a certain amount.

No overdraft fees

We built Samsung Money by SoFi to protect you from overdrafting, but in the off-chance it happens, you won’t get charged.2

Our goal is to eliminate as many fees as possible. That being said, our fee structure is subject to change at any time.

No ATM fees at 55,000+ ATMs worldwide1

When you need cash, you shouldn’t be charged for it—no matter where you are. With Samsung Money by SoFi, ATMs are fee-free at any ATM within the Allpoint® Network.

Our goal is to eliminate as many fees as possible. That being said, our fee structure and ATM fee reimbursement structure is subject to change at any time.

Full transparency

We’re proud to say that Samsung Money by SoFi has no account fees and no service charges—and we’re working hard to keep it that way. That being said, our fee structure is subject to change at any time.1

Service charges

First replacement card $0

Additional replacement card $0

Replacement card rush delivery $0

Stop payment $0

Statement & research—Legal processing $0

No Fees

Account Opening $0

Account Monthly $0

Account Annual $0

Inactive Account If you have not called in, logged into, made a withdrawal, or a deposit to your Samsung Money by SoFi account (“customer-generated activity”) for a period of twelve (12) months, your account will fall in to a status of inactive. No fee will be charged. $0

Dormant Account If you have not called in, logged into, made a withdrawal, or a deposit to your Samsung Money by SoFi account (“customer-generated activity”) for a period of twelve (12) months, your account will fall in to a status of inactive. No fee will be charged. $0

Escheatment – Abandoned
or Unclaimed Account Dormant accounts with no customer-generated activity are subject to escheatment procedures in accordance with the laws of the state in which you reside. For general information on the escheatment process, visit https://www.sec.gov/fast-answers/answersescheathtm.html. $0

P2P Transfers $0

Bill Pay $0

Mobile Deposit Capture $0

Return Item SoFi may return items when your account does not have enough money. $0

Overdraft While the Samsung Money by SoFi account prevents you from overdrawing in most cases, there may still be times when your account could have a negative balance. This could happen if a transaction is approved for one amount, but the actual charge is more than the amount of money in your account. For example, when you use your debit card for a meal and then add a tip. In this situation, the full payment may go through and result in a negative balance on your account, but SoFi will not charge you an overdraft fee. $0

Point of Sale (POS)
Transactions – Domestic/
International $0

Allpoint ATM Transactions –
Domestic/International1 $0

Our goal is to eliminate as many fees as possible. That being said, our fee structure and ATM fee reimbursement structure is subject to change at any time.