SoFi® Checking and Savings is offered through SoFi Bank, N.A. The SoFi® Bank 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. ©2022 SoFi Bank, N.A. All rights reserved. Member FDIC. Equal Housing Lender.
‡41x based on FDIC monthly interest checking rate as of March 21, 2022.
*SoFi members with direct deposit can earn up to 1.25% annual percentage yield (APY) interest on all account balances in their Checking and Savings accounts (including Vaults). Members without direct deposit will earn 0.70% APY on all account balances in Checking and Savings (including Vaults). Interest rates are variable and subject to change at any time. Rate of 1.25% APY is current as of 04/05/2022. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet
^ Requires direct deposit of funds. Early access to direct deposit funds is based on the timing in which we receive notice of impending payment, which is typically up to two days before the scheduled payment date.
SoFi Invest: Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. The firm reserves the right to monitor and retain all incoming and outgoing communications as permitted by applicable law.
SoFi Invest refers to the three investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below.
1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-Registered Investment Adviser (“Sofi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA/SIPC, (“Sofi Securities). Clearing and custody of all securities are provided by APEX Clearing Corporation.
3) Cryptocurrency is offered by SoFi Digital Assets, LLC, a FinCEN registered Money Service Business.
For additional disclosures related to the SoFi Invest platforms described above, including state licensure of SoFi Digital Assets, LLC, please visit SoFi.com/legal.
Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform. Information related to lending products contained herein should not be construed as an offer or pre-qualification for any loan product offered by SoFi Lending Corp and/or its affiliates.
This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product. You can find additional information regarding SoFi Securities LLC and its registered persons at FINRA’s website. The firm reserves the right to monitor and retain all incoming and outgoing communications as permitted by applicable law.
† Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement. IPOs offered through SoFi Securities are not a recommendation and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation.
New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For SoFi’s allocation procedures please refer to IPO Allocation Procedures.
SoFi Crypto is offered through SoFi Digital Assets, LLC. Important: Bitcoin and other cryptocurrencies aren’t endorsed or guaranteed by any government, are volatile and involve a high degree of risk.
SoFi will apply a markup of up to 1.25% for each crypto transaction. For more information, visit SoFi.com/crypto.
Consumer protection and securities laws don’t regulate cryptocurrencies to the same degree as traditional brokerage and investment products. Research and knowledge are essential prerequisites before engaging with any cryptocurrency. US regulators, including FINRA, the SEC, and the CFPB, have issued public advisories concerning digital asset risk. Cryptocurrency purchases should not be made with funds drawn from financial products including student loans, personal loans, mortgage refinancing, retirement funds or traditional investments.
Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website or by email customer service at [email protected] Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Rewards Points: Your ability to earn or redeem points may be suspended or terminated if your account is not in good standing. Additional terms and conditions may apply. Please review your “How to earn points” page in your app for additional details. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest platforms described above, including state licensure of Sofi Digital Assets, LLC, please visit www.sofi.com/legal.
Personal loans: Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or other eligible status and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, income, and other factors. If SoFi is unable to offer you a loan but matches you for a loan with a participating bank then your rate may be outside the range of rates listed above. Rates and Terms are subject to change at any time without notice. SoFi Personal Loans can be used for any lawful personal, family, or household purposes and may not be used for post-secondary education expenses. Loans originated by SoFi Lending Corp. or an affiliate (dba SoFi) are subject to state restrictions and may not be available in all states, such as MS; see SoFi.com/eligibility for details and state restrictions. Minimum loan requirements might be higher than $5,000 in specific states due to legal requirements and interest-rate caps may be lower in some states due to legal requirements and may impact your eligibility to qualify for a SoFi loan. The average of SoFi Personal Loans funded in 2020 was around $32K. Information current as of 8/3/21. Loans originated by SoFi Lending Corp. or an affiliate, licensed by the Department of Financial Protection and Innovation under the California Financing Law License No. 6054612. NMLS #1121636 (www.nmlsconsumeraccess.org).
Student Loan Refinancing: Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS PROSPECTIVELY BASED ON MARKET CONDITIONS AND BORROWER ELIGIBILITY. Your existing student loan(s) must total a minimum of $5,000 to be eligible for refinancing. Minimum loan amount may be higher in specific states due to legal requirements. To qualify, a borrower must be a U.S. citizen or other eligible status, have graduated with an associate degree or higher from an eligible Title-IV-accredited college or graduate program, and meet SoFi’s underwriting requirements; see SoFi.com/eligibility. Lowest rates reserved for the most creditworthy borrowers. SoFi refinance loans are private student loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. Information current as of 8/3/21 and subject to change. Loans originated by SoFi Lending Corp. or an affiliate (dba SoFi). Licensed by the DFPI under the California Financing Law, license #6054612. NMLS #1121636 (www.nmlsconsumeraccess.org). See SoFi.com/legal for state-specific license details.
Home Loans: Terms and conditions apply. Before you apply for a SoFi Home Loan, we’d like you to be aware that not all loan programs are available in all states. Learn more at SoFi.com/legal. SoFi Home Loans are eligible for Primary or Second Home residences or investment properties. SoFi Home Loans are subject to additional credit, income, property, loan amount and other eligibility restrictions and limitations. Lowest rates reserved for the most creditworthy borrowers. Product, rates, benefits, terms, and conditions are subject to change without notice. Learn more at SoFi.com/eligibility. Information current as of 11/30/21. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, license #6054612. SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), NMLS #1121636 (www.nmlsconsumeraccess.org). Equal Housing Lender.
Loans originated by SoFi Lending Corp. or an affiliate. NMLS #1121636. SoFi Lending Corp. or affiliates (dba SoFi). 2750 E. Cottonwood Parkway #300 Cottonwood Heights, UT 84121. Terms, conditions, and state restrictions apply. Licensed in: Alabama Consumer Credit License #21983. Arizona Mortgage Banker License #BK-0934275. Arizona 1035 W Queen Creek Rd Ste 101, Chandler, AZ 85248. Licensed by the Department of Financial Protection and Innovation under the California Financing Law License #6054612. Arkansas SoFi Lending Corp. or an affiliate. 201 East Markham Street, Little Rock, Arkansas 72201. Colorado Mortgage Company Registration License #1121636. Licensed by the Connecticut Department of Banking – Mortgage Lender License #ML-1121636. Delaware Lender License #30278. District of Columbia Mortgage Dual (Lender & Broker) Authority License #MLB 1121636. Florida Mortgage Lender Servicer License #MLD1108. Georgia Mortgage Lender License #42010. Idaho Mortgage Broker Lender License #MBL 8673. Illinois Residential Mortgage License #MB 6761063. Indiana First Lien Mortgage Lending License #25660. Iowa Mortgage Banker License #2019-0054. Kansas Mortgage Company, License #MC.0025600. Kentucky Mortgage Company License #MC701438. Louisiana – SoFi Lending Corp. or an affiliate., Louisiana Residential Mortgage Lending License. Maine Supervised Lender License NMLS #1121636. Maryland Mortgage Lender License #21585. Massachusetts Mortgage Lender and Mortgage Broker License MC1121636. Michigan 1st Mortgage Broker/Lender Registrant #FR0020980. Minnesota Residential Mortgage Originator License #MN-MO-1121636. Mississippi SoFi Lending Corp. or an affiliate., Post Office Box 12129, Jackson, Mississippi 32936. Licensed by the Montana Division of Banking and Financial Institutions, Montana Mortgage Lender License #1121636. Nebraska NMLS Number: 1121636 (877) 471-3445. Nevada Mortgage Broker License #4635. New Hampshire Mortgage Banker License #MLB 23682. 2750 E Cottonwood Parkway, Suite 300 Cottonwood Heights, UT 84121. Toll Free Number: 866-357-6342. Licensed by the New Jersey Department of Banking and Insurance, Residential Mortgage Lender License #1121636. North Carolina Mortgage Lender License #L-160812. North Dakota Money Broker License #MB102764. Ohio SoFi Lending Corp. or an affiliate., NMLS Number: 1121636, Residential Mortgage Lending Act Certificate of Registration: RM.804475.000. Oklahoma NMLS Number: 1121636 Mortgage Lender License: ML012338. Oregon Mortgage Lending License #ML-5418. Licensed by the Pennsylvania Department of Banking Mortgage Lender License #46311. Rhode Island Lender License #20153065LL. Licensed by the South Carolina State Board of Financial Institutions, Lender/Servicer License #MLS1121636. Licensed by the South Carolina State Board of Financial Institutions, Lender/Servicer License-Other Trade Name # MLS – 1121636 OTN #1. South Dakota Mortgage Lender License # ML 05296. Tennessee Mortgage Lending License #127518. Texas SML Residential Mortgage Loan Originator, License #1121636. SoFi Texas office: 2601 Network Blvd., Suite 600, Frisco, TX 75034. This office is licensed and examined by the Office of Consumer Credit Commissioner Texas Department of Savings and Mortgage Lending of the State of Texas. Licensed by the Utah Department of Real Estate, Utah-DRE Mortgage Entity License #10293902. Licensed by the Utah Department of Real Estate, Utah-DRE Mortgage Entity License – Other Trade Name #1 #9223125. Utah-DRE Mortgage Branch Office #10293918. Licensed by the Vermont Banking Division – Lender License #6705. Licensed by the Virginia Bureau of Financial Institutions – Lender License #MC – 5906. NMLS ID #1121636. Notice for refinancing customers: as a result of refinancing, the total finance charge over the life of the loan may be higher. Washington Consumer Loan Company License CL-1121636. West Virginia Mortgage Lender License #1121636. Wisconsin Mortgage Banker License #1121636BA. Wyoming Mortgage Lender License #2659. See SoFi mortgage eligibility and full licensing details at SoFi.com/legal#mortgage-licenses. License information current as of 11/04/2021. (www.nmlsconsumeraccess.org)
Check your rate: To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Get 1,000 rewards points for tracking your credit score offer: Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the Rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed into SoFi accounts such as cash in SoFi Money or loan balances, Stock Bits, fractional shares and cryptocurrency subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.
SoFi Bank Up to $300 Offer: The following describes the terms that apply to participation in the SoFi Checking and Savings direct deposit program (“Program”) offered by SoFi Bank, N.A Member FDIC (“SoFi”).
Eligible Participants: All new members who open a SoFi Checking and Savings account during the Promotion Period (as defined below) and all existing SoFi Checkings and Savings customers who have not previously set up direct deposit transactions into their SoFi Checking and Savings account as of the beginning of the Promotion Period are eligible for the Program. SoFi Money members who previously received a bonus for enrolling in direct deposit do not qualify for this promotion.
Promotion Period: The Program will be available from 4/5/22 12:01AM ET to 7/31/22 11:59PM ET.
Bonus Terms: In order to qualify for eligibility for a bonus, SoFi must receive at least one Qualifying Direct Deposit (as defined below) from an Eligible Participant during the Promotion Period. Qualifying Direct Deposits are defined as deposits from enrolled member’s employer, payroll, or benefits provider via ACH deposit. Deposits that are not from an employer (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers) do not qualify for this promotion. The amount of the bonus, if any, is described below. No bonuses shall be paid for Qualifying Direct Deposits of less than $1,000 during the Evaluation Period (defined below).
Evaluation Period: The bonus amount will vary based on the total amount of Qualifying Direct Deposits received during the Evaluation Period. The Evaluation Period is defined as 30 days from the date your first Qualifying Direct Deposit is received. For example, if you receive $1,000-$1,999 in Qualifying Direct Deposits in the Evaluation Period, you will receive a cash bonus of $50. A member may only qualify for one bonus tier and will not be eligible for future bonus payments if inflows subsequently increase beyond the Evaluation Period.
|Total Qualifying Direct Deposit amount in 30-day Evaluation Period||Cash bonus|
|$1,000 – $1,999||$50|
|$2,000 – $4,999||$100|
|$5,000 or more||$300|
Payment timeline: SoFi will credit members who meet qualification criteria within 14 days of the end of the Evaluation Period.
This offer cannot be combined with the SoFi Checking and Savings direct deposit rate discount on a SoFi personal loan. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi reserves the right to exclude any Members from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. SoFi also reserves the right to stop or make changes to the Program at any time.
**Get Up to $100 in Bitcoin Offer: Terms and conditions apply. Earn a bonus (as described below) when you open a new SoFi Digital Assets LLC account and buy at least $50 worth of any cryptocurrency within 7 days. The offer only applies to new crypto accounts, is limited to one per person, and expires on 6/30/22. Once conditions are met and the account is opened, you will receive your bonus within 7 days. SoFi reserves the right to change or terminate the offer at any time without notice.
|First Trade Amount||First Trade Amount||Bonus Payout|
$15 Referral Offer: A successful referral is defined as: is new to SoFi, uses your personal and unique “Share the app” to download the SoFi app and register for SoFi.com for the first time. Each referrer is limited to five (5) bonus payouts for successful “Share the app” referrals. After you’ve received bonus payouts for five (5) successful “Share the app” referrals, your personal and unique “Share the app” promoter link will continue working, but you will not receive further bonus payouts. Referral capping is subject to change at any time without notice.
SoFi Credit Card Welcome Bonus: You will need to apply via this webpage to be eligible to receive the offer, and SoFi reserves the right to modify or discontinue this offer at any time without notice. Offer ends 4/30/22 at 11:59 pm PT. In order to receive the offer, you will need to (1) open a new SoFi Credit Card account between 4/4/22 and 4/30/22; (2) make at least one purchase with your SoFi Credit Card account by 5/31/22. You will receive the 10,000 SoFi Points within 45 days of making your first purchase. This offer does not change your responsibility to make the minimum SoFi Credit Card monthly payment due. Your SoFi Credit Card account must be in good standing in order to receive these offers. Charges or transactions not eligible for this offer include: fees or interest charges, balance transfers or cash advances, purchase of traveler’s checks or other cash equivalents, and purchase or reloading of prepaid cards. Limit one offer per person. You can redeem SoFi Rewards Points through the Redeem Points page. Each SoFi Reward Point may be redeemed for $0.005 when redeeming for a statement credit to your SoFi Credit Card Account, or $0.01 when redeeming for any of the following: (i) any promotional offer listed on the “Redeem Points” page, or (ii) cash deposited into your SoFi Money Account, (iii) shares (fractional or whole shares) credited to your SoFi Invest Account, or (iv) cash applied to the outstanding balance of your SoFi Student Loan Refinance or SoFi Personal Loan.