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 At least $1,000
Cumulative Amount Per Month $3,000
Amount Per Transaction $10,000
Debit Card
ATM and Point of Sale Cash Withdrawal $1,000
Over the Counter Cash Withdrawal $150
Point of Sale (POS) Spend Limit $6,000
POS Transactions Per Day 12

Funds Availability

If we receive an ACH deposit before 6:00PM ET on a business day or 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 an ACH or mobile check deposit after these cut-off times, or on a non-business day, we will treat the deposit as having been made on the next business day. For purposes of this Funds Availability policy, 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

For most deposits, a portion of the deposit will be available the business day following the business day of the deposit.

With respect to any portion of the deposit which will not be available on the next business day, you will be notified of the funds availability schedule at the time of deposit. Funds will be available as follows:

Cumulative amount deposited on business day Availability
Up to $5000 No later than 3rd business day
Over $5000 No later than 5th business day

ACH Transfers

In most cases, P2P or ACH transfers sent to you from another financial institution, will generally be available on the business day after the day the P2P or ACH transfer has been received. In certain cases, funds may be made available earlier.

Funds transferred by you to your SoFi Money® account from an external linked account will generally be available within 3 business days after the transfer has been initiated.

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

SoFi Securities LLC is an affiliate of SoFi Bank, N.A.

TLS 1.2 Encrypted
Equal Housing Lender