High-Interest Cash Management Account

Earn 1.60% APY1 on all your cash with SoFi Money.®

Meet SoFi Money: a cash management account that earns you high interest and costs you nothing.

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

Make your money work as hard as you do.

As soon as you open your SoFi Money account, you’ll get ATM fees reimbursed,2 pay no account fees, earn 1.60% APY,1 and get the benefits of SoFi membership. Whether you’re storing cash until you’re ready to invest or working toward a down payment, SoFi Money can help you on your way.

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.

Earn high interest.
Pay no account fees.

With SoFi Money, you can earn high interest, spend, and save—all in one cash management account. And you’ll pay zero account fees to do it.

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

Spend, save, earn—and get
membership benefits.

SoFi Money holders get ATM fees reimbursed worldwide,2 pay no account fees, earn 1.60% APY,1 and get all the benefits of SoFi membership.

Member rate discounts

As a SoFi member you’ll receive a 0.125% rate discount on additional SoFi loans.3

Career services

Get access to complimentary one-on-one career services to help with career transitions, job searches, and more.

Community experiences

SoFi members get access to experiences that help them build their network, community, and career.

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.

High interest.
No account fees.
Get it now.

You work hard for your money. Now your money can work hard for you. Earn 1.60% APY1 with no account fees with SoFi Money.

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

Explore more
benefits of
SoFi Money.

Rule 606 Order Routing

Statement of Financial Condition

SoFi Money is a cash management account not a bank account, and is offered by a broker dealer. SoFi Money is a brokerage account. Neither SoFi nor its affiliates is a bank.

This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product.

1 The SoFi Money® Annual Percentage Yield as of 10/31/2019 is 1.60% APY (1.59% interest rate). Interest rates are variable and subject to change at our discretion, at any time. No minimum balance required.

2 SoFi doesn’t charge any ATM fees and will reimburse ATM fees charged by other institutions when a SoFi Money® Visa® Debit Card is used at any ATM displaying the Visa®, Plus®, or NYCE® logo and will also reimburse any foreign exchange fees charged by Visa. SoFi reserves the right to limit or revoke its fee reimbursement policy at any time without notice.

3 Existing eligible SoFi Members with a SoFi Home Loan, Personal Loan, Student Loan or who maintain a minimum balance of $10,000 in their SoFi Invest account and take out a new loan of a different product type will receive a 0.125% Interest Rate Discount on that new Personal or Student loan (home loans are not eligible for interest rate discount). Existing eligible SoFi Members with a SoFi Personal Loan, Student Loan or who have a $50,000 minimum balance in their SoFi Invest account, can receive a 50% discount on SoFi’s $1,000 Home Loan Processing Fee on their first mortgage with SoFi. Based on regulatory requirements, the name of this fee may vary in certain states. To be eligible for either of these discounts, members must also meet the following criteria: 1) The member must be in good standing with their current and prior SoFi loans; 2) the member has never been 60 or more days past due on a current and prior SoFi loan; 3) the member has not been 30 or more days past due more than once on a current and prior SoFi loan; and 4) the member was never in forbearance on a SoFi loan. SoFi reserves the right to change or terminate either of these discounts at any time with or without notice. For complete terms and eligibility, please visit SoFi.com/legal#MemberRateDiscount.

The SoFi Money Visa® debit card is issued by Wilmington Savings Fund Society (“WSFS”). Visa is a registered trademark of Visa International Service Association and is used by WSFS pursuant to a license from Visa U.S.A. Inc.

Advisory services are offered through SoFi Wealth, LLC a registered Investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov/.

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