SoFi Blog

Tips and news—
for your financial moves.

Money | Fees

SoFi Money charges you no account fees.

Whether you’re storing cash until you’re ready to invest or working toward a down payment, SoFi Money can help you on your way—with no account fees while you’re at it.

Zero Fees

We work hard to charge no account fees. With that in mind, our fee structure is subject to change at any time. See our terms and conditions.

No account
minimum fees

SoFi Money is a cash management account that doesn’t require you to have a minimum balance—and doesn’t charge you for not having a certain amount.

No overdraft fees

We built SoFi Money to protect you from overdrafting, but in the off-chance it happens, you won’t get charged2.


Our goal is to eliminate as many fees as possible. That being said, our fee structure is subject to change at any time.

No ATM fees at
55,000+ ATMs worldwide1

When you need cash, you shouldn’t be charged for it—no matter where you are. With Samsung Money by SoFi, ATMs are fee-free at any ATM within the Allpoint® Network.


Our goal is to eliminate as many fees as possible. That being said, our fee structure and ATM fee reimbursement structure is subject to change at any time.

Full transparency

We’re proud to say that SoFi Money has no account fees and no service charges—and we’re working hard to keep it that way. That being said, our fee structure is subject to change at any time. See our terms and conditions.

Service charges

First Replacement Card

$0

Additional Replacement Card

$0

Replacement Card Rush Delivery

$0

Stop Payment

$0

Statement & Research –

Legal Processing

$0

Our goal is to eliminate as many fees as possible. That being said, our fee structure and ATM fee reimbursement structure is subject to change at any time.

Not already a SoFi Money member?

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How to crush your career goals in 2017

Tips to Crush Your Career Goals

Whether focused on your personal or career goals, it’s clear that you’re thinking ahead to the new year. But some will say you can’t move forward successfully without first looking back and understanding where you are today. Goal-setting usually works best in tandem with self-assessment.

To help make this year the year you step up professionally and work toward a more productive, profitable, and fulfilled career, don’t start with resolutions; start with reflection:

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woman on laptop with coffee

4 Things Millennials Can Learn About Investing From Previous Generations

Sometimes, money matters can feel frustrating as a millennial. Learning something new can make you scratch your head, wondering where to start. Investing is no exception.

One advantage millennials have is the ability to learn from previous generations. Additionally, there is one arena where millennials may have it better than previous generations, and that’s the arena of investing.

Currently, there are many accessible, transparent options for investing that are both low-cost and don’t require a huge amount of money to get started.

If you’re wondering “how do I learn to invest my money?”, you could start by taking a peek into history to learn what was different, what was the same, and what you can do better.

Here are four things that millennials can learn about investing from previous generations.

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debtfreetaxfree

Represent! SoFi Supports #DebtFreeTaxFree

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.

On September 25, 2019, SoFi’s general counsel, Rob Lavet, went to Washington D.C. as part of the DebtFreeTaxFree Coalition in support of the House of Representatives bill, H.R. 1043/Senate’s bill, S. 460. DebtFreeTaxFree is a consumer advocacy coalition aimed at supporting bills that will provide tax benefits for employers who help their employees pay down student loan debt.

Here’s some information on the bill this campaign supports and more about the DebtFreeTaxFree Coalition.

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Sharing SoFi’s Mission & Company Values

Part of what makes SoFi such a dynamic place to work is our commitment to our mission, culture, and company values.

In order to help our members get their money right, we need to remain hyper-focused on our 11 core values—which are at the core of how we think about hiring people, how we evaluate our own performance, and most critically, how we work day-to-day together.

It’s not just the what we do, but the how we do it. With that, SoFi’s core values are as follows.

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