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SoFi Mobile Deposit

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Mobile check deposit

Easily deposit checks online from the comfort of your couch.

Skip the trip to the bank. With SoFi’s mobile check deposit, you can securely deposit checks anytime, anywhere.


Open an account




Download the app

{/* Three reasons to love SoFi’s mobile check deposit */}

Three reasons to love SoFi’s mobile check deposit.

Convenient

Deposit checks online 24/7 without leaving home. Just use the SoFi app to quickly move money into your checking or savings account.

Simple

Snap, submit, and you’re done. Mobile deposits take only a few minutes. No bank visits or envelopes required.

Secure

Every check you deposit online is protected with advanced encryption and fraud monitoring for peace of mind.


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    How to deposit a check online with the SoFi App:

    Could depositing a check online be any easier? Probably not.

  • Log in and select your account.

    After you’ve downloaded the SoFi app and logged in, head to the Banking tab.

  • Tap the Deposit icon.

    Enter the check amount and choose if you want to deposit into your checking or savings account.

  • Snap a photo of your endorsed check.

    Sign your check and take a picture of the front and back.

  • Enter the deposit amount and submit.

    Review the details, confirm the amount, and tap Submit. Watch for confirmation of your deposit.


  • Get started

{/* Understand your deposit */}

Understand your deposit.

  • $1,000 total per 24 hours (maximum of 2 deposits in a 24-hour period)
  • $5,000 total per 30 days
  • ‘,
    title: ‘Deposit limits’
    },
    ]}
    />

    {/* More resources about mobile deposits */}

    More mobile banking tools and resources.








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    FAQs


    Can I use mobile deposit to cash a check online instantly?

    Funds aren’t typically available instantly. Most clear within 1–5 business days. For faster access to money, consider setting up direct deposit with SoFi.


    How long does it take for a mobile deposit to clear?

    Timing varies, but funds usually clear within 1–5 business days. You’ll get an estimate in the app once you submit your deposit.


    What do I need to do to enable mobile check deposit?

    Make sure you have at least $500 deposited into your account to unlock mobile check deposit. You can transfer the funds using your paycheck (by setting up direct deposit) or through an external bank transfer.


    How does mobile deposit work?

    With mobile deposit, you’re able to deposit funds into your SoFi bank account by simply taking photos of the front and back of the check. This means you never have to take your check to a physical bank and can make deposits from the comfort of your home.


    Do mobile checks deposit instantly?

    Mobile check funds are available within 1-5 business days (more information here). Once you submit your mobile deposit, you’ll see more detailed information on when you can expect the funds.


    How do I endorse a check for mobile deposit?

    You always need to endorse a check before you can deposit it. When depositing into SoFi, we require that you write the following after your signature: ‘For deposit to SoFi Checking & Savings’.


    What should I do with my check after I deposit it?

    It’s a good practice to keep your check for 30 days after you deposit it, or at least until you see the funds added to your account. After you see the money in your account, destroy the check or mark it void.


    What are the dollar limits of a mobile check deposit?

    Please log into your account in order to view your individual account limit. Navigate to: Banking > Deposit > Deposit a Check > Deposit limits.


    {/* Deposit money in a snap */}

    Deposit money in a snap. Literally.

    Forget stopping at the bank. Instantly deposit your checks with SoFi mobile check deposit.



    Open an account


    Home > Banking > Online Banking >Mobile Check Deposit


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    SOFI x JESSER JUNE 2023 SWEEPSTAKES

     

    SOFI

    SOFI x JESSER JUNE 2023 SWEEPSTAKES

    OFFICIAL RULES

     

     

    NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.

     

    ENTRY INTO THIS SWEEPSTAKES CONSTITUTES YOUR ACCEPTANCE OF THESE OFFICIAL RULES (“RULES”) AND THE DECISIONS OF SOFI, WHICH SHALL BE FINAL IN ALL RESPECTS. SWEEPSTAKES IS GOVERNED BY U.S. LAW AND IS SUBJECT TO ALL FEDERAL, STATE AND LOCAL LAWS, REGULATIONS, AND ORDINANCES.

     

    SWEEPSTAKES ENTRY PERIOD: The SoFi x Jesser June 2023 Sweepstakes (“Sweepstakes”) begins at 12:00:00 a.m. Eastern Time (“ET”) on June 1, 2023 and ends at 11:59:59 pm ET on July 7, 2023 (“Sweepstakes Entry Period”).

     

    ELIGIBILITY:  Sweepstakes is solely open to legal residents of the United States or the District of Columbia (except of residents of Florida), age 18 years of age or older at time of entry who become new SoFi members during the Sweepstakes Entry Period (collectively referred to as an “Entrant”). Current SoFi members are not eligible to enter. Employees of Social Finance, LLC (the “Sponsor” or “SoFi”), and its respective parent company, subsidiaries, affiliated or successor companies; subsidiaries, distributors, dealers, sales representatives, web masters/suppliers, advertising and promotional agencies, anyone associated with the development, implementation or execution of this Sweepstakes (collectively referred to hereafter as the “Sweepstakes Entities”), and members of the immediate families (defined as: spouse, biological, adoptive and step-parents, grandparents, siblings, children and grandchildren, and each of their respective spouses, regardless of where they reside) or households (whether related or not) of any of the above are not eligible to enter or win. Void in Florida and where prohibited or restricted by law.

     

    HOW TO QUALIFY FOR ENTRY IN THE RANDOM DRAWING: To enter the Sweepstakes’ random drawing, an Entrant must do one of the following steps during the Sweepstakes Entry Period:

    1. Using the unique link (or scan QR code) provided on Jesser’s YouTube channel video promoting the Sweepstakes, and follow instructions to create a SoFi log-in plus open a SoFi Checking & Savings account.

    OR

    1. Entrants can follow all onscreeninstructions to register a SoFi login using Jesser’s unique link or QR code.

    Regardless of method of entering the Sweepstakes, there is a limit of one (1) entry per Entrant during the Sweepstakes Entry Period.

    Any attempt by an Entrant to obtain more entries than the stated number of entries allowed by using multiple/different accounts, identities, registrations and logins, or any other methods will void that Entrant’s entries and that Entrant may be disqualified. Use of scripts, macros, or any other automated system to participate or subvert the process is prohibited and will result in disqualification. In the event of an identity dispute, entry will be considered made by the registered owner of the email account used for entry. Entrants must have a valid email address. Potential winner may be required to show proof of being the authorized account holder. All entries submitted become the property of Sponsor and will not be acknowledged or returned.

     

    WINNER SELECTION & ODDS:  One (1) winner will be randomly selected from all eligible entries received during the Sweepstakes Entry Period. Random drawing conducted on or about July 11, 2023 by the Administrator whose decisions are final and binding. Odds of winning are determined by the number of eligible Entries received during the Sweepstakes Entry Period.

    WINNER NOTIFICATION & VERIFICATION:  Potential winner will be notified by email on or about July 12, 2023, and will be required to complete and return an Affidavit of Eligibility/Liability/Publicity Release plus an IRS W9 Form which must be completed, signed, and returned to Administrator within three (3) days from date on notification. At the sole discretion of the Sponsor, disqualification, forfeiture and the selection of an alternate winner may result from any of the following: [1] a potential winner’s failure to respond to email notification within three (3) days after emailing/transmission; [2] the return of an email notification or message as undeliverable; [3] the receipt of any other notice from Sponsor or an undeliverable prize; [4] a potential winner’s failure to provide Sponsor with satisfactory proof of age, identity and residency; [5] a potential winner’s failure to execute and return within three (3) days after its deployment or mailing notification an Affidavit of Eligibility/Liability/Publicity Release and/or any required documents; [6] a potential winner’s failure to claim prize within three  (3) days after he or she is confirmed as a  winner; and [7] any other non-compliance with Rules. In the event of prize forfeiture, the Sponsor may, in its sole discretion, award or not award the forfeited prize to an alternate winner. Sponsor shall have no liability if notification is lost, intercepted, or not received for any reason. Sponsor is not responsible for any change in Entrant’s (or winner’s) email account or other contact information after entering the Sweepstakes.

     

    POTENTIAL WINNER IS SUBJECT TO VERIFICATION BY THE SPONSOR AND ITS ADMINISTRATOR. AN ENTRANT IS NOT THE WINNER UNLESS AND UNTIL HE/SHE HAS BEEN VERIFIED AND NOTIFIED THAT THE VERIFICATION IS COMPLETE.

     

    GRAND PRIZE DETAILS: Winner will receive $10,000 awarded to winner’s SoFi Savings or Checking Account. If winner does not have a SoFi Savings or Checking Account, he or she can open an account for free on the SoFi app or at SoFi.com for SoFi to deposit funds into winner’s account. No transfer of prize to a third party is permitted. All taxes are the sole responsibility of winner. An IRS form 1099 will be filed in the name of winner for the value of the prize. Except where prohibited by law, entry and acceptance of prize constitute permission for Sponsor and its agents to use winner’s name, prize won, hometown, likeness, video tape, photographs, and statements for purposes of advertising, promotion, and publicity (including online posting) in all media now or hereafter known throughout the world in perpetuity, without additional compensation, notification, or permission.

    CONSENT AND RELEASE: To the fullest extent possible in law, Entrants, and on behalf of their respective heirs, executors, administrators, legal representatives, successors and assigns (“Releasing Parties”), release, defend and hold harmless the Sweepstakes Entities and their associated companies and directors, including but not limited to its respective  parent, subsidiary, affiliated or successor companies and their respective owners, members, shareholders, officers, directors, partners, equity holders, agents, representatives, employees and all others associated with the development and execution of this Sweepstakes (collectively, “Releasees”) from and against any and all claims, actions, causes of action, suits, liabilities, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, lost profits, indirect or direct damages, consequential damages, incidental damages, punitive or exemplary damages, judgments, extent, executions, claims and demands whatsoever, in law, admiralty or equity, whether known or unknown, foreseen or unforeseen, against Releasees which any one or more of the Releasing Parties ever had, now have or hereafter can, shall or may have which in any way arise out of or result from Entrant’s participation, acceptance of prize (if determined the winner).

    By entering this Sweepstakes, you as an Entrant, agree, represent and warrant that: [1] you will be bound by the Rules and SoFi’s and its Administrator’s decisions, which shall be final in all respects; [2] in the event viruses, bugs, unauthorized human intervention, or regulations of any governmental or supra-national authority, war, national emergency, accident, fire, riot, strikes, lock-outs, industrial disputes, acts of terrorism or other matters beyond the Sponsor’s reasonable control, corrupt, prevent or impair the administration, security, fairness or proper play of the Sweepstakes, that it cannot be conducted as originally planned, except where prohibited by law, Sponsor has the right, in its sole discretion, to modify the Rules or to cancel, terminate or suspend the Sweepstakes; and in such event,  to select winner by such method as Sponsor in its sole discretion shall consider equitable; [3] the Releasees are not responsible for app and/or QR code related issues and/or failure, typographical or other errors in the offer or administration of the Sweepstakes, including but not limited to: errors in the advertising, Rules, selection and announcement of the winner; [4] the Releasees are not responsible for any inability of winner to accept prize for any reason; [5) the Sponsor has the right, in its sole discretion, to disqualify any individual it suspects of any of the following: (a) tampering or attempting to tamper with the entry process or the operation of the Sweepstakes; (b) violating the Rules and/or the Sponsor’s Privacy Policy; (c) violating any other terms, conditions of use and/or general rules or guidelines of any Sweepstakes property or; and (6) any attempt by any individual to deliberately undermine the legitimate operation of the Sweepstakes is a violation of these Rules as well as criminal and civil laws; and should Sponsor believe or become aware that such an attempt has been, is being, or will be made, it has the right to seek remedies and damages from any responsible individuals to the fullest extent permitted by law, including without limitation criminal prosecution.

    By participating in this Sweepstakes, each Entrant expressively waives and relinquishes all rights and benefits afforded by California Civil Code 1542 and does so understanding and acknowledging the significance of this waiver. Section 1542 states as follows: “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DID NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN, BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR THE RELEASED PARTIES.”

    ARBITRATION: This Sweepstakes shall be governed by and interpreted under the laws of the State of California, U.S.A., without regard to its conflicts of laws provisions. Entrant hereby agrees that any and all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Sweepstakes or the prize shall be resolved, upon the election by Entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by the Entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS SWEEPSTAKES. ENTRANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEY’S FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ENTRANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and Entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and Entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration. Notwithstanding any other provision in these Official Rules and without waiving either party’s right to appeal such decision, should any portion of this provision be deemed invalid or unenforceable, then the entire provision (other than this sentence) shall not apply.

     

    In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Sweepstakes-related materials or made by any representative of Sponsor, and the terms and conditions of these Rules, these Rules shall prevail, govern, and control.

    PRIVACY: By entering the Sweepstakes, the information Entrants provide may be sent to promotional partners. Entrants may be contacted by the Sponsor and any promotional partners with future promotional offers. Information provided by Entrants to participate in this Sweepstakes is subject to Sponsor’s privacy policy located at www.sofi.com/privacy-policy.

    SPONSOR: Social Finance, LLC, 234 First Street, San Francisco, CA 94105.

    ADMINISTRATOR: Ventura Associates International LLC, 494 Eighth Avenue, Suite 1700, New York, NY 10001.

    SEVERABILITY:  The invalidity or unenforceability of any provision of these Rules shall not affect the validity or enforceability of any other provision. In the event any provision is determined to be invalid or otherwise unenforceable or illegal, these Rules shall otherwise remain in effect and shall be construed in accordance with their terms as if the invalid or illegal provision were not contained herein.

    WINNER’S LIST:  For the Winner’s name (available after July 30, 2023), send a self-addressed, stamped envelope by July 30, 2023 to: The SoFi x Jesser June 2023 Sweepstakes Winner’s List Request, c/o: Ventura Associates International LLC, 494 Eighth Avenue – Dept: DE, Suite 1700, New York, NY 10001.

    This Sweepstakes is in no way promoted, endorsed, or administered by, or associated with any social media entity, including, but not limited to YouTube. Any questions, comments or complaints regarding the Sweepstakes must be directed to the Sponsor or Administrator, and not to any social media entity.

     

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    SoFi Transfer Money

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    Transfer Money Online

    Easily transfer your money where and when you need it.

    Easily and securely make unlimited transfers between your SoFi accounts, send money to external banks, and build your savings with automatic transfers.


    Open an account

    Already have an account? Transfer money now→

    {/* How to make transfers */}

    Simple ways to transfer your money
    between bank accounts.


    Move money instantly between SoFi accounts.

    Navigate to “Transfer”.

    Log in to the SoFi app or website and head to the Banking tab. Tap the “Transfer” button to get started.

    Select your “From” and “To” accounts.

    Choose which SoFi account you want to move money from (like Checking) and where you want to move it to (like Savings or a Vault).

    Set the amount and frequency.

    Enter the dollar amount you want to move. Here, you can also set up a recurring, scheduled transfer to put your savings on autopilot.

    Review and move your money.

    Double-check the details and confirm the transfer. Your money will be moved instantly.


    Send funds to and from your other banks.

    Navigate to “Transfer”.

    Log in to the SoFi app or website and head to the Banking tab. Tap the “Transfer” button to get started.

    Select your “From” and “To” accounts.

    Choose which account you want to move money from and where you want it to go. Select your external bank account as your source or destination.

    Link your bank (if it’s your first time).

    If you haven’t connected an external account yet, you’ll be prompted to securely add your bank using your account and routing number.

    Set the amount, review, and confirm.

    Enter the dollar amount, confirm the details, and your transfer is on its way. External transfers typically take 2-3 business days to complete.



    Looking to pay someone else?

    We’ve got that covered, too. Whether you’re paying friends, buying a home, or sending money abroad, you can do it all from the SoFi app.

    • Zelle®1

      A fast, safe, and easy way to send money to friends and family. All you need is their U.S. mobile number or email address.


      Explore Zelle®

    • Wire transfers.

      Need to send a large amount of money for a big purchase? Securely send domestic wire transfers for home down payments, car purchases, and more.


      Explore wires

    • International transfers.

      Make fast international transfers easily, right from the SoFi app. Enjoy low-cost, transparent pricing with all exchange rates and fees shown upfront.


      Explore international transfers

    {/*FAQs*/}

    FAQ


    What are the limits on how much money I can transfer?


    Transfer limits depend on the method you’re using:

    • Internal Transfers (between SoFi accounts): There are no limits to how much you can transfer between your SoFi Checking and Savings accounts.
    • External ACH Transfers (to/from other banks): Limits are typically $50,000 per day, but can be as high as $100,000 per day for established members.



    How long does it take for a transfer to be completed?


    Transfer times depend on the method you’re using:

    • Internal Transfers (between SoFi accounts): Instant.
    • External ACH Transfers (to/from other banks): 1 to 3 business days.



    Can I cancel a transfer once it’s been initiated?


    It depends on the transfer type, so it’s important to be sure before you send:

    • Internal Transfers (between SoFi accounts): Technically, you can’t cancel the transfer because the money moves instantly. However, you can just as instantly transfer it back to the original account if you change your mind.
    • External ACH Transfers (to/from other banks): Yes, but only if the transfer is still in “pending” status.



    What’s the difference between an ACH transfer, a wire transfer, and Zelle®?


    This is a very common point of confusion. Here’s a simple way to break it down:

    • External ACH Transfers: This is the standard way to move money between your SoFi account and an external bank account you own. They are free but typically take 1 to 3 business days to complete.
    • Wire Transfers: These are best for large, time-sensitive domestic payments, like for a home purchase. They usually process the same day if sent by the cutoff time, but have a $30 fee. Wires are generally final and cannot be reversed.
    • Zelle®: This is a fast, safe, and easy way to send money to other people (like friends and family) using just their U.S. mobile number or email address. Transfers typically happen in minutes.



    What security measures are in place to protect my money during transfers?


    We use a multi-layered security approach to protect your money and information. Your SoFi Bank deposits are FDIC-insured up to $250,000 (and up to $3 million through our partner network). We use SSL encryption to protect your personal and financial data, require two-factor authentication to prevent unauthorized access, and have systems in place that continuously monitor for fraudulent activity 24/7.


    How long does it take to link my external bank account?


    This can be done two ways:

    • Instant: If you link your account using Plaid (by logging in with your other bank’s username and password), it’s linked instantly.
    • 1-2 Business Days: If you link your account manually (using your account and routing numbers), it will take 1-2 business days to verify via micro-deposits.



    Are there any fees for transferring money to or from my linked external accounts?


    We do not charge any fees for ACH transfers (moving money to or from your linked external bank accounts).2


    See all FAQs

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    More resources on transferring money












    {/* Make your money move */}

    Make your money move.

    Give your funds the freedom to move. Open a SoFi Checking and Savings account today.



    Transfer money




    Open an account



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    SoFi at Work Launches Student Loan Verification Service To Help Employees Pay Off Student Debt While Also Saving for Retirement

    On the Heels of Congress’ Decision to Pass SECURE 2.0, SoFi at Work launches new service to expand access to employer matching contributions by counting student loan payments as elective retirement contributions

    Today, SoFi at Work – the leading holistic, financial well-being, and education assistance benefits partner to more than 1,000 organizations – announced the launch of a new Student Loan Verification (SLV) service. SoFi, the digital personal finance company and all-in-one app, announces this new addition to its portfolio of employer financial well-being benefit solutions in response to Congress’ approval of the Securing a Strong Retirement Act (SECURE 2.0). SECURE 2.0 includes an important change to retirement law that allows employers to match employees’ student loan payments with contributions toward retirement plans as part of an existing benefits program. For organizations looking to make the most of this policy change, SLV simplifies the process of linking matching employer retirement contributions to employee student loan repayments.

    SLV helps the workforce make the most of retirement plans through 401(k) or 403(b) contributions, while still paying down student loan debt. As the cost of education has skyrocketed, student loan debt has more than doubled over the last 20 years, its impact on retirement savings has grown, too. A 2019 study from MIT found 84 percent of adults who carry student loan debt say it has impacted the amount they’re able to save for retirement. When it came to those who hadn’t saved for retirement at all, more than one in four respondents said it was because they had to put their money toward paying off student loans.

    ”At SoFi, we’re dedicated to helping people get their money right, and SECURE 2.0 and the provision that makes it easier for companies to support all employees’ financial well-being is a great example of that,” said Barrett Scruggs, Vice President, Business Lead, SoFi at Work. “Our Student Loan Verification service makes it easy for companies to put this emerging, yet highly impactful benefit into action for a more inclusive future.”

    SoFi at Work partners with leading financial groups and record keepers to administer Student Loan Verification. The service provides a low-cost way to verify eligible student loan payments and deliver contributions for retirement matching – all employers need to do is determine employee eligibility based on student loan debt balances. From there, SoFi at Work handles the rest, including plan design, data security, and reporting.

    SLV is part of a holistic financial well-being platform from SoFi at Work. The SoFi at Work Dashboard includes a variety of tools for employees including a debt navigator, refinancing options, financial education resources, and more. This comprehensive solution allows employers to meet the evolving needs of their diverse workforce.

    To learn more about this new offering, visit www.sofi.com/sofi-at-work-slv/.

    About SoFi

    SoFi (NASDAQ: SOFI) is a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company’s full suite of financial products and services helps its more than 5.7 million SoFi members borrow, save, spend, invest, and protect their money better by giving them fast access to the tools they need to get their money right, all in one app. SoFi also equips members with the resources they need to get ahead – like career advisors, Credentialed Financial Planners (CFP®), exclusive experiences and events, and a thriving community – on their path to financial independence.

    SoFi innovates across three business segments: Lending, Financial Services – which includes SoFi Checking and SavingsSoFi InvestSoFi Credit CardSoFi Protect, and SoFi Insights – and Technology Platform, which offers the only end-to-end vertically integrated financial technology stack. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank, regulated by the Federal Reserve, OCC, and FDIC. The company 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.

    Disclosures

    Products available from SoFi on the Dashboard may vary depending on your employer preferences.

    Advisory tools and services are offered through SoFi Wealth LLC, an SEC-registered investment adviser. 234 1st Street San Francisco, CA 94105.

    SoFi Student Loan Refinance Loans, Personal Loans, Private Student Loans, and Mortgage Loans are originated through SoFi Bank, N.A., NMLS #696891 (Member FDIC), (www.nmlsconsumeraccess.org). The Student Debt Navigator Tool and 529 Savings and Selection Tool are provided by SoFi Wealth LLC, an SEC-registered investment adviser. Foradditional product-specific legal and licensing information, see SoFi.com/legal. 2750 E. Cottonwood Parkway #300 Cottonwood Heights, UT 84121. ©2023 Social Finance, LLC All rights reserved. Information as of June 2023 and is subject to change. RO 2933354

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    SoFi Invest SEM

    {/*invest sem-3*/}



    Online Stock Trading

    All-in-one investing

    that’s easy to use.


    Trade stocks and ETFs, invest in IPOs at IPO prices, or try automated investing. Plus, you’ll get up to $1,000 in stock when you fund a new account.




    Trade now


    Automated Investing and advisory services are provided by SoFi Wealth LLC. Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
    Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA/SIPC.

    Customer must fund their Active Invest account with at least $10 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

    {/*

    Online Stock Trading

    New! All-in-one
    investing.
    Now with IPOs.*

    Invest in IPOs before public trading begins, trade stocks, and ETFs or start automated investing.


    Trade Now


    Trade Now


    */}

    {/* QR CODE */}
    {/*

    Download the app and get up to

    $1,000 when you open an account.

    **No purchase necessary. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

    Download Now. Scan this code with your phone’s camera.



    */}


    More ways to

    invest—all in one place.

    Active Investing

    Trade stocks and ETFs with no commissions or participate in upcoming IPOs before they trade on the public market. Plus, fractional shares mean you can buy a piece of your favorite companies for as little as $5. Restrictions may apply.**

    Learn more →

    Automated Investing

    Not sure where to start? Tell us your risk tolerance and goals, and you’ll get a diversified portfolio automatically managed for you – with no SoFi management fee.

    Learn more →

    Retirement Accounts

    Save for retirement with our active or automated Traditional, Roth, and SEP IRAs. Get access to a broad range of investment options, member services, and our robust suite of planning and investment tools.

    Learn more →


    {/* Comment out calculator module

    Please review the Customer Relationship Summary (Form CRS) which contains important information about the product, services, fees, and conflicts of interests of SoFi Securities LLC.

    You may also learn more about SoFi Securities LLC and its Representatives on FINRA’s BrokerCheck.


    */}

    {/* Sam Added CRS module*/}

    Please review the Customer Relationship Summary (Form CRS) which contains important information about the product, services, fees, and conflicts of interests of SoFi Securities LLC.

    You may also learn more about SoFi Securities LLC and its Representatives on FINRA’s BrokerCheck.

    Learn more about investing.








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    FAQs


    How can I trade stocks without a commission?

    Many brokerages charge trading fees to use their platforms. SoFi Invest offers online stock trading with no commissions so you can trade what you want, when you want—all from the SoFi App.


    How do I open a SoFi Invest Account?

    Go to SoFi Invest Home in the mobile app, tap Get Started, select Start Investing under active investing account. There you’ll find step-by-step instructions on how to get started. Or if you prefer desktop, head here.


    Am I able to buy a part of a share rather than a whole?

    Yes! You can purchase fractional shares for some stocks. We maintain a list of securities available for fractional trading in our fractional shares collection. All of these securities will appear on our “Fractional Collection” page within the Discovery section of the app. Trading restrictions may apply.


    Can I buy my own stocks?

    Yes—SoFi Active Investing allows users to buy and sell stocks and ETFs of their own choosing! For a more hands off investing approach, you can also select SoFi Automated Investing.


    Is there an account minimum to start investing?

    Nope—with SoFi you can get started investing with as little as $5.


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    Fixed rates from 7.74% APR to 35.49% APR reflect the 0.25% autopay interest rate discount and a 0.25% direct deposit interest rate discount. SoFi rate ranges are current as of 2/8/26 and are subject to change without notice. The average of SoFi Personal Loans funded in 2022 was around $30K. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

    Loan amounts range from $5,000– $100,000. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0%-6%, which will be deducted from any loan proceeds you receive.

    PERSONAL LOAN INTEREST RATES AND FEES | ELIGIBILITY AND IMPORTANT DETAILS. Annual percentage rates (APRs) shown include the 0.25% autopay discount. If approved for a loan, the rates and terms offered will depend on things like creditworthiness, the length of the loan, and other factors, and will fall within the range of rates available by applicable loan term; check out our full APR examples and terms. Remember, not all applicants will qualify for the lowest rate. Want to learn more? See our eligibility criteria at SoFi.com/eligibility-criteria. SoFi reserves the right to change interest rates at any time without notice, changes would only apply to applications begun after the effective date of the change. Fixed Rates: Fixed rates range from % APR to % APR (with autopay). The SoFi 0.25% autopay interest rate reduction requires you to agree to make your scheduled monthly payments by an automatic monthly deduction (ACH) from a savings or checking account. Enrolling in autopay is not required to receive a loan from SoFi. Loan Terms: SoFi Personal Loans offer loans with a period of repayment between 2 and 7-year terms. Loan Fees: SoFi personal loans have no fees; specifically, no origination fees, no late fees, no prepayment penalties.

    PERSONAL LOAN | REPAYMENT EXAMPLE. The following example depicts the APR, monthly payment and total payments during the life of a $30,000 personal loan with a 2-year repayment term, a 0.25% autopay discount, and a fixed rate between 7.74% APR to 35.49% APR. It works out to 24 monthly payments ranging from $1,356.68–$1,529.07 for a total amount of payments ranging from $32,560.37–$36,697.76. This repayment example assumes that the borrower is signed up for autopay and that all payments are made on time, with no pre-payments. Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. SoFi does not offer variable rate personal loans. State restrictions may apply.


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