Why do I need to sign up for direct deposit to unlock various features?

When you set up direct deposit into your account, you are trusting your paycheck with us. We want to repay that trust by making sure that we give you the best of what SoFi has to offer, including up to 3.30% APY (annual percentage yield)¹ on checking and savings accounts, features like No-Fee Overdraft Coverage⁴ and 2-Day Early Paycheck.⁶