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Banking x The Knot
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Reach your couple goals faster—for the big day and beyond.
SoFi has teamed up with The Knot to help you achieve your shared ambitions, like wrangling wedding costs or starting a cash registry for a home. Earn up to 3.60% APY3 and an exclusive bonus of up to $350 when you open a SoFi Checking and Savings account with direct deposit.
Open an account
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Get to the next stage sooner with better banking.
No account fees1
No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint® Network.2
Earn up to 3.60% APY3
Members with direct deposit can earn up to 3.60% APY on their savings and Vaults balances—that’s 9x the national average savings account rate.4
Get up to $350
Get an exclusive $50 bonus5 when you fund your new account, and receive an additional bonus of up to $300 when you set up direct deposit.6
Marry your finances
Once you open your SoFi Checking and Savings account, you can add a joint account holder to manage shared expenses.
Automatic savings features
Organize your money, set savings goals, and save the change from your transactions with Roundups and Vaults.
FDIC Insured
Access additional FDIC insurance up to $2M on deposits through a seamless network of participating banks.7 Learn more and opt in here.6
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Our wedding gift to you—
a bonus of up to $350.
Open a SoFi Checking and Savings account using the links on this page. Once your account is open, you will be able to add a joint account holder.
Get an exclusive $50 bonus when you fund your new Checking and Savings account with at least $10 within 60 days.5
Receive an additional $50-$300 bonus when you set up
direct deposit.6
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Raise a glass to
earning up to 3.60% APY.3
Build your nest egg together by putting your money to work. With up to 3.60% APY on savings balances, you could earn more interest in five weeks than you would in one year with another banking option.
Open an account
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FAQs
Opening an account is quick and easy. All we need are a few pieces of information such as name, home address, and Social Security number. In some cases, we may need additional documentation like a copy of your driver’s license, and/or a current photo ID to verify your identity. Note: In order to qualify for the exclusive $350 offer, you must sign up using a link on this page.
As long as you set up a recurring eligible direct deposit or add $5,000 every 30 days, you’ll earn 3.60% APY on your savings and Vaults balances and 0.50% APY on your checking balances.3 If you do not have a direct deposit or $5,000 in deposits every 30 days, you’ll earn 1.00%APY on savings and Vaults balances and 0.50% on checking balances.
Interest rates are variable and subject to change at any time. Additional information can be found at sofi.com/legal/banking-rate-sheet.
There is no minimum balance required to open a SoFi Checking and Savings account. Members can unlock 3.60% APY savings balances with either direct deposit (no minimum required) or by depositing at least $5,000 every 30 days.3 For more information, please visit sofi.com/banking.
•Step 1: Start by opening a SoFi Checking and Savings account.
•Step 2: After you’ve completed your application, open the SoFi app > tap Banking > tap More menu > tap Joint account holder.
•Step 3: Follow instructions to add a joint account holder. Your joint account holder will receive an email for confirmation.
Simply download this pre-filled form, sign it, and submit it to your employer’s payroll department. Simple as that! Alternatively, if your employer has an HR portal that allows you to set up direct deposit by inputting your account number and routing number, you can get those here.
SoFi makes it easy to both withdraw and deposit money. To withdraw, simply visit any of the 55,000 Allpoint ATMs2 (more locations than Chase, Wells Fargo, and Bank of America combined!). You won’t pay any fee as long as you visit one of these ATMs. In order to deposit money, simply visit a retail location that offers GreenDot services.
We’re proud to say that banking with SoFi has no account fees and no service charges—and we’re working hard to keep it that way.1 There are no fees on overdraft, account open, minimum balance, dormant account or regular maintenance. We also offer no ATM fees at 55,000+ Allpoint ATMs worldwide.2
No, not at this time. Members can either have an individual or joint account at one time.
Once you’ve created your Cash Fund, simply navigate to ‘Bank Details.’ Enter your SoFi Checking and Savings account information, save, and you’re all set!
Find your SoFi account and routing numbers by logging in to your account or navigating to the Banking tab of your SoFi mobile app and tap “More.”
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Build for your future with
SoFi Checking and Savings.
Open an account
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