SoFi Checking & Savings: Open New Account w/ Direct Deposit, Get 2.00% APY + $300 Bonus

chris

Administrator
Staff member
https://www.sofi.com/banking/
2.00% APY + Up to $300 Bonus when you Open a New Online Checking or Savings Account and Set UpDirect Deposit.

Details/Features:
  • After Opening a New Account and setting up Direct Deposit, wait for your direct deposit to hit your account (typically 2-4 weeks).
  • Amount of Direct Deposit Cash Bonus depends on Total Qualifying Direct Deposit amount in 30-day Evaluation Period :
    • $1,000 - $1,999 Total Qualifying Direct Deposit: $50 Cash Bonus
    • $2,000 - $4,999 Total Qualifying Direct Deposit: $100 Cash Bonus
    • $5,000 or more Total Qualifying Direct Deposit: $300 Cash Bonus
  • SoFi will credit members who meet qualification criteria within 14 days of the end of the Evaluation Period.
  • Direct Deposit Bonus Promotion ends 9/30/22 11:59PM ET.
  • No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint Network.
  • Up to 2-day-early-paycheck
  • Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
  • Organize your money, set savings goals, and save your change with Vaults and Roundups.
  • You'll earn 2.00% APY (annual percentage yield) on your SoFi Checking and Savings account with direct deposit. That's more than 66x the national average rate for a checking account! Members without direct deposit will earn 1.00% APY, which is 33x the national average.
  • There is no minimum direct deposit amount required for 2.00% APY. However, please note that there is a minimum direct deposit required for No-Fee Overdraft Coverage ($1,000).
  • Interest rates are variable and subject to change at any time. Rate of 2.00% APY is current as of 08/12/2022. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet
 
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