Name of Promotion: SoFi Pay Worldwide Rollout Promotion

Eligible Participants:

•  All new and existing SoFi members who (i) complete the required actions set forth below by 3/31/2026, and (ii) have a SoFi Checking and Savings account in good standing are eligible to earn $30 in Rewards Points. Eligibility will be determined by SoFi in its sole discretion. One offer per person.

Promotion Period:

•  The SoFi Pay Worldwide Rollout Promotion (the “Promotion”) begins on 9/30/2025 at 12:01AM ET. Eligible participants will have until the promotion ends on 3/31/2026 at 11:59PM ET to make qualifying international remittances.

Offer Terms:

•  To earn $30 in Rewards Points through this Promotion, an eligible participant must successfully: (i) have a SoFi Checking and Savings account in good standing, and (ii) make three (3) international remittance transfers by 3/31/2026 at 11:59pm ET. Not all countries may be available for international remittances.

Bonus Payment Timeline:

•  Rewards points will be credited to your account within 45 days after all Promotion requirements have been met.

Other Important Details:

•  SoFi reserves the right to exclude any member from participating in this Promotion for any reason, including suspected fraud, misuse, or other suspicious activities. SoFi also reserves the right to modify, suspend, or terminate the Promotion at any time.

•  Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi is required to do this reporting in compliance with the applicable federal and state reporting requirements. Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult with your tax advisor to determine applicable tax consequences.

•  SoFi Member Rewards: All terms and conditions applicable to the use of SoFi Member Rewards apply. To learn more about SoFi Member Rewards, please see the Rewards page. No points will be earned with respect to reversed transactions, returned purchases, or other similar transactions. When you elect to redeem rewards points toward active SoFi accounts, including but not limited to, your SoFi Checking or Savings account, SoFi Money® account, SoFi Active Invest account, SoFi Automated Invest account, SoFi Credit Card account, SoFi Personal Loan, Private Student Loan, Student Loan Refinance, or toward SoFi Travel purchases, your rewards points will redeem at a rate of 1 cent per every point. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org)/SIPC(www.sipc.org). SoFi Securities LLC is an affiliate of SoFi Bank, N.A.

Interest Rates:

SoFi members can earn the following annual percentage yields (APY):

With Eligible Direct Deposit:

•  Savings (including Vaults): 3.60% APY.

•  Checking: 0.50% APY.

No minimum Direct Deposit amount is required to earn the 3.60% APY on savings.

Without Eligible Direct Deposit:

•  Savings (including Vaults): 1.00% APY.

•  Checking: 0.50% APY.

Other Rates Details:

•  Rates are variable and are subject to change at any time.

•  Rates are current as of 11/12/25.

•  No minimum balance is required.

•  Fees may reduce earnings.

•  Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet.

This article appeared in SoFi's On the Money newsletter. Not getting it? Sign up here.

For years, cryptocurrency sat on the sidelines of traditional finance. The rules weren’t clear, so most banks stayed away. But a wave of new regulations is changing that, and digital assets may soon be as accessible as your checking account, pushing crypto further into the mainstream.

First, some background. Banks don’t move into new markets without a rulebook. This year, three major changes gave the guidance banks needed:

FDIC: In April, the Federal Deposit Insurance Corporation said banks no longer need special approval to offer crypto services — as long as they follow existing safeguards for fraud, cybersecurity, and consumer protection. FDIC deposit insurance does not cover crypto assets, however.

OCC: In May, the Office of the Comptroller of the Currency said banks can now hold digital assets for clients (like they already do with cash or stocks) and use blockchain networks for payments.

Congress: In July, the GENIUS Act created the first federal framework for stablecoins — digital tokens backed by cash or Treasuries and designed to maintain a 1:1 value with the U.S. dollar. Banks can now issue their own stablecoins, provided they meet strict reserve and reporting rules.

What This Means for You

As far back as 2021, Visa found that half of crypto-aware consumers wanted access through their bank. With new rules in place, that’s becoming a reality. Here are the major changes coming:

•  You may soon be able to buy, hold, and transfer crypto directly through your bank account — no need for a separate app.

•  You may now be able to hold digital assets with a bank you trust.

•  Stablecoins, backed by reserves, could enable faster, cheaper payments around the world with less currency volatility.

An important reminder: Crypto comes with risk. Prices can be unpredictable, and regulation doesn’t eliminate that volatility.

So what? Crypto and traditional banking are finally converging. With regulators providing clarity, banks have the green light to meet consumer demand. For you, that could mean easier, safer access to digital assets — this time under the umbrella of a regulated institution.

Related Reading

U.S. Regulator Clears Path for Banks to Engage in Some Crypto Activities (Reuters)

What Is a Stablecoin and What Could It Mean for Your Finances? (ABC)

Mainstreaming of Blockchain: Digital Innovations Reshaping Finance (Forbes)

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.

The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.

SoFi isn't recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

¹NO PURCHASE OR QUALIFYING TRANSACTION NECESSARY. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes includes 2 phases: Sign-Up Phase starts 10/15/25 at 9 a.m. ET and ends at 11:59 p.m. ET on 11/30/25; Entry Phase starts 12/1/25 at 12 a.m. ET and ends at 11:59 p.m. ET on 1/31/26. You must participate in both phases to enter. See Official Rules for free entry method, prize details, limits, and odds: click here. Sponsor: SoFi Bank, N.A. (“SoFi Bank”), 2750 E Cottonwood Pkwy #300, Cottonwood Heights, UT 84121.

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Senior Editor Rebecca Moretti explores hot topics at the intersection of finance and pop culture in our new column, “Out of the Chat.”

In seventh grade, I did a class presentation on why you shouldn’t invest in the stock market.

I’m not sure why I chose that topic (I had probably seen my father watching Jim Cramer on CNBC and wanted to be a contrarian,) but I remember thinking my teacher looked impressed. In retrospect, he was probably just amused — I had no real understanding of the market at age 12, but I probably thought it made me sound smart.

I wish I had kept my PowerPoint presentation. Eighteen years later, I can’t remember what I argued, but I could not agree less with my 12-year-old self.

Investing has become a big part of my life (I’ve spent the past five plus years working as a markets-focused writer and editor), and from a financial perspective, I’m so glad I started at 21.

I didn’t know nearly as much about investing back then, but I’ve realized that I didn’t really need to — not to get started, at least. A little research and a fairly conservative approach was all I needed to get the ball rolling.

Still, I hesitated at first. (FWIW, research shows that women are more risk-averse with their money than men, but when they do invest, they tend to outperform men by a small margin.)

When I worked part-time jobs in high-school, I didn’t consider doing anything else with my money other than spending it. That changed when I got my first steady paycheck.

I was lucky enough that my monthly pay exceeded my expenses, but that raised a big question: What do I do with the leftover money? And more importantly, what do I do that’ll help me get ahead?

Risk-averse as I was, I considered keeping it in my checking account, but I knew I’d earn almost no interest. One of my friends had mentioned a high-yield savings account she used, so I opened one of those and started building a savings stash. Once I had a solid financial cushion, where my money was growing on its own (compound interest for the win), I started thinking about investing.

I knew that millions of “real adults” did it with the goal of growing their wealth, so it seemed like a smart thing to do. But I felt I didn’t know enough. That I wasn’t “ready.”

You may have heard the stat that men apply for a job when they meet only 60% of the qualifications, but women don’t apply unless they meet 100% of them. I don’t know if that’s still true today, but that was my mindset toward investing. I felt like I had to know everything before I started, and as a result, I did a lot of research. Probably way more than I needed to. (I even made a Google Doc study-guide to compile my notes… yeah).

I started by looking up basic investment terms and key principles on sites like Investopedia and bank blogs, and copy-pasted info into my doc. As I got comfortable with the basics, I started exploring investment strategies. I noticed that a lot of articles talked about investing for the long term and diversifying, and that’s exactly what I did.

I opened my first brokerage account, invested in an S&P 500 index fund, and hoped for the best. As my confidence grew, I added to my investments and mixed up my portfolio with different types of funds and eventually, some individual stocks.

I don’t regret my self-taught investment class, because it helped me gain confidence and land a job in the industry — plus, it was something I was genuinely excited by. But I learned more by doing than preparing.

If you’re like I was — unsure of whether you’re ready to start investing — know that you don’t need to be an expert or a CNBC talking head. And with the rise of no-fee trading and mobile brokerage apps, investing is so much more accessible than it was a decade ago.

If doing months of research and making a study guide gives you the confidence you need to start, go ahead. Just don’t let fear of the unknown set you back.

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.

The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.

SoFi isn't recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

OTM2025101501