Rule 606 Order Routing | Statement of Financial Condition
SoFi Checking and Savings is a checking and savings account not a bank account, and is offered by a broker dealer. The SoFi Checking and Savings account 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.
1The following describes the terms that apply to participation in the SoFi Checking and Savings Lyft promotional program (“Program”) offered by SoFi Securities LLC (“SoFi”).
Promotion with Lyft through the Program is open to current SoFi Checking and Savings members. No opt-in required. To participate, enter your SoFi Checking and Savings debit card number in the Lyft app and use it to pay for rides. Promotion Period: 11/20/19 12:00PM EST – 2/18/20 11:59AM EST. Only Lyft rides completed and processed for payment during the Promotion Period are eligible for the Cash Back Promotion.
20% cash back is calculated using the quoted price for your Lyft rides only – it does not apply to other charges such as tips, cancellation fees, and other services such as rental and bike rides. Cash back will be rounded up to the nearest cent. The maximum cash back that can be earned during the Promotional Period is $1,000 USD per user. During the Promotion Period, SoFi Securities, Inc. will credit the cash back reimbursement into the participant’s SoFi Checking and Savings account. Cash back reimbursements can be delayed by up to 14 business days. SoFi reserves the right to terminate the promotion at any time without notice.
2 The SoFi Checking and Savings Annual Percentage Yield as of 10/31/2019 is 0.00% APY (1.59% interest rate). Interest rates are variable subject to change at our discretion, at any time. No minimum balance required.
The Visa Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit https://www.visa.com/security.
The SoFi Checking and Savings 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 https://www.adviserinfo.sec.gov.
234 1st Street, San Francisco, CA 94105