How often is the interest accrued and compounded?



Interest on your balance is accrued daily and compounded monthly. On the last business day of each month, we calculate the interest earned and post it to your SoFi Checking and Savings account, no later than the 5th business day of the following month. The interest earned is reflected on your monthly statement.


All your finances.
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All your finances.
All in one app.

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