NO ATM FEES

Rule 606 Order Routing

Statement of Financial Condition

SoFi Checking and Savings® is a checking and savings account, which is a brokerage product, offered by SoFi Securities LLC. Member FINRA/SIPC. SoFi Securities is an affiliate of SoFi Bank, N.A. SoFi Checking and Savings Debit Card issued by The Bancorp Bank.

The SoFi Checking and Savings® World Debit Mastercard® is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

¹ SoFi has partnered with Allpoint to provide consumers with ATM access at any of the 55,000+ ATMs within the Allpoint network. Consumers will not be charged a fee when using an in-network ATM, however, third party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.

² The cash balance in SoFi Checking and Savings checking and savings accounts is swept to one or more program banks where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC Insurance does not immediately apply. Coverage begins when funds arrive at a program bank. There are currently six banks available to accept these deposits, making customers eligible for up to $1,500,000 of FDIC insurance (six banks, $250,000 per bank). If the number of available banks changes, or you elect not to use, and/or have existing assets at, one or more of the available banks, the actual amount could be lower. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the Program Banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits in SoFi Checking and Savings or at Program Banks are not covered by SIPC.

³8x based on national average of 0.04% from the weekly rate cap as of 07/01/20.

⁴At account opening, all SoFi Checking and Savings accounts will earn interest at 0.25% APY. On the monthly anniversary date of account opening, your account activity for the preceding 30 days will be reviewed. Accounts which: (a) made deposits totaling $500 or more in the preceding 30 days, or (b) used their SoFi Checking and Savings® World Debit Mastercard® Card for at least 10 transactions (excluding ATM transactions) in the preceding 30 days, will continue to earn interest at 0.25%. Accounts which did not meet either of these targets in the preceding 30 days, will earn interest at 0.01%. Interest rates are variable and subject to change at our discretion at any time. Accounts opened prior to 6/9/2020 qualify for benefits automatically regardless of inflows to the account or transaction count.

The SoFi Checking and Savings® Annual Percentage Yield as of 7/1/2020 is 0.25% APY (0.01% interest rate). Interest rates are variable subject to change at our discretion, at any time. No minimum balance required.

⁵SoFi customers (“members”) may be eligible for a Member Rate Discount and/or a $500 Loan Processing Fee Discount ($1,495 Non Member) on certain loan types if they meet the eligibility criteria and any other applicable terms and conditions. SoFi reserves the right to discontinue or modify the Member Rate Discount and/or Loan Processing Fee Discounts at any time and without notice. Such changes or modifications will only apply to applications begun after the effective date of the change. If you’ve got questions about how we do our thing, we’ve got answers in our FAQs. Existing SoFi Checking and Savings® Account Holders: are eligible to receive the Member Rate Discount on a new SoFi Personal Loan, Student Loan Refinance, or SoFi Private Student Loan if they: 1) have no current SoFi loan accounts; 2) have a SoFi Checking and Savings account balance of greater than $0 at the time of the application for the new loan. Existing SoFi Invest® Account Holders: are eligible to receive the Member Rate Discount on a new SoFi Personal Loan, Student Loan Refinance, or SoFi Private Student Loan if they: 1) have no current SoFi loan accounts; 2) if they have a minimum balance of $10,000 in their SoFi Invest accounts at the time they begin their loan application. SoFi home loans are not eligible for rate discounts. Existing SoFi Invest® Account Holders: are eligible to receive the Member Fee Discount of $500 on a SoFi Home Loan ($1,495 Non Member) if they: 1) have no current SoFi Mortgage accounts; 2) have and maintain a minimum balance of $50,000 in their SoFi Invest accounts at the time they begin their SoFi Home Loan application. SoFi Members with Existing Consumer Loans: to be eligible for either of these discounts, 1) member and take out a new loan of a different product type, 2) must be in good standing with their current and prior SoFi loans, and 3) must meet other eligibility requirements. 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 https://www.sofi.com/legal/#MemberRateDiscount.

No companies, brands or products mentioned or highlighted are affiliated with SoFi, nor do they endorse or sponsor this content. Third party trademarks referenced herein are property of their respective owners.

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