SoFi Money® Limits

We’ve set the following limits on your SoFi Money cash management account to protect your account against fraudulent activity. Depending on our assessment of your account, these limits may be different or change with time.

Withdrawal Limits

Peer to Peer Bill Pay
Cumulative Amount Per Day $250
Cumulative Amount Per Month $3,000
Amount Per Transaction $10,000
Debit Card
ATM and Point of Sale Cash Withdrawal $610
Over the Counter Cash Withdrawal $150
Point of Sale (POS) Spend Limit $3,000
POS Transactions Per Day 12

Funds Availability

If we receive an ACH deposit before 6:00PM ET and a check deposit before 5:00 PM ET on a business day, we will consider that business day to be the day of your deposit. However, if we receive a deposit after these cut-off times, or on a non-business day, we will consider that the deposit was made the next business day. A business day is any day of the week except Saturday, Sunday, and federal holidays.

Our current funds availability rules are as follows:

Mobile Check Deposit

Different rules may apply for checks deposited from new customers (accounts open fewer than 30 calendar days) versus established accounts as shown in the table below. The dollar thresholds represent the cumulative amount from all checks deposited in that business day.

General Availability New Customers
On-us check Up to $5,000: 1 business day
Others: 2 business days
Up to $5,000: 1 business day
Others: 2 business days
Treasury check 1 business day Up to $5,000: 1 business day
Others: 4 business days
Regular check, Local/State Govt Check, Cashier’s Check Up to $200: 1 business day
Next $4,800: 2 business days
Others: 4 business days
Up to $5,000: 2 business day
Others: 4 business days

ACH Transfers

When you initiate an ACH deposit from or to your SoFi Money account, the transaction will be processed under the National Automated Clearing House Association (“NACHA”) Operating Rules.

Deposits that you initiate through another bank will generally be available on the next business day after the day the ACH Transfer is deemed to be received by us but may be available earlier.

Deposits that you initiate through your SoFi Money® account from a linked external account will generally be available within 3 business days.

SoFi Money is offered through SoFi Securities, LLC Member FINRA/SIPC

Neither SoFi nor its affiliates is a bank.

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