Press Release

SoFi Awarded Five Banking Awards and Two Personal Loans Awards in NerdWallet’s 2023 Best-Of Awards

SoFi (NASDAQ: SOFI), the digital personal finance company, received seven 2023 Best-Of Awards from NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs). A recent NerdWallet survey found that only 30% of Americans know where to find reputable information when they have questions about financial products and topics. In order to better help consumers and small to midsize businesses understand their options when it comes to their finances, they announced the winners of their 2023 Best-Of Awards.

This year’s awards recognize the best financial products across Banking, Credit Cards, Insurance, Investing, Mortgages, Personal Loans, Student Loans, and Travel Rewards.

SoFi received five Best-Of Awards for: Best Checking Account Overall; Best Checking Account for High Interest; Best Checking Account with No Monthly Fee; Best Checking Account for Overdraft Fee Avoidance; and Best Checking and Savings Combo. Additionally, SoFi received two personal loan awards for: Best Personal Loan for Good and Excellent Credit; and Best Online Personal Loan.

NerdWallet’s survey, conducted online in November 2022 by The Harris Poll among over 2,000 U.S. adults, also found that one-third of Americans (33%) plan on making new financial goals for 2023. In order to identify the best products for consumers, the Best-Of Award winners were selected by NerdWallet’s knowledgeable subject matter experts with years of experience reviewing and evaluating these personal finance products for Nerdwallet.com. Over 40 Nerds from our editorial team compared rates and rewards of over 1,000 products, did side-by-side comparisons, and conducted objective ratings and reviews to help consumers confidently choose the best products for them.

A complete list of NerdWallet’s 2023 Best-Of Awards winners can be found at: www.nerdwallet.com/awards

About SoFi
SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing and protecting give our over four million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of ambitious people. SoFi is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.

About NerdWallet
NerdWallet (Nasdaq: NRDS) is on a mission to provide clarity for all of life’s financial decisions. As a personal finance website and app, NerdWallet provides consumers with trustworthy and knowledgeable financial information so they can make smart money moves. From finding the best credit card to buying a house, NerdWallet is there to help consumers make financial decisions with confidence. Consumers have free access to our expert content and comparison shopping marketplaces, plus a data-driven app, which helps them stay on top of their finances and save time and money, giving them the freedom to do more. NerdWallet is available for consumers in the US, UK and Canada. For more information, visit NerdWallet.com.

“NerdWallet” is a trademark of NerdWallet Inc. All rights reserved. Other names and trademarks used herein may be trademarks of their respective owners.

Survey Methodology:
This survey was conducted online within the United States by The Harris Poll on behalf of NerdWallet from November 10-14, 2022 among 2,064 U.S. adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact [email protected].

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Disclosures:

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Terms and conditions apply. SoFi Checking and Savings offered by SoFi Bank, N.A. Loans originated by SoFi Bank, N.A., NMLS #696891, (www.nmlsconsumeraccess.org). Equal Housing Lender. Brokerage products offered through SoFi Securities LLC, member FINRA/SIPC. SoFi Money® is a cash management account, which is a brokerage product. SoFi Securities LLC is an affiliate of SoFi Bank, N.A. Advisory services are offered through SoFi Wealth LLC, an SEC-registered investment adviser. The SoFi Credit Card is issued by The Bank of Missouri (TBOM) (“Issuer”) pursuant to license by Mastercard® International Incorporated and can be used everywhere Mastercard is accepted. SoFi Bank, N.A. Member FDIC. ©2023 Social Finance, LLC All rights reserved. Information as of January 2023 and is subject to change. [RO 2675736]




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