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:
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