SoFi Checking & Savings Promotion: Sign Up Bonus Increased To $325 + Up To 4.60% APY

Earn up to $325 in bonuses and enjoy a high APY of up to 4.60% with SoFi Checking & Savings. Open your account today and watch your money grow.

How to Maximize Your Savings with SoFi Checking & Savings

Are you ready to take your savings to the next level? SoFi Checking & Savings has increased their sign-up bonus to an impressive $325, plus offers up to 4.60% APY on your savings. This account is designed for those who demand more from their banking experience, with no traditional account or overdraft fees.

Let’s dive into how you can benefit from this fantastic offer and start maximizing your savings today.

Earn up to $325 in cash bonuses when you open a SoFi Checking & Savings account and set up a direct deposit, unlocking a world where your money doesn’t just sit idle—it grows. With an impressive 4.60% APY, say goodbye to traditional account and overdraft fees, and hello to your funds multiplying in an account designed for those who demand more from their banking experience.

Join SoFi today and step into a realm of financial empowerment, where every dollar in your account works tirelessly

See the bottom of this page for more SoFi offers.

READ MORE: SEE OUR LIST OF THE BEST BANK ACCOUNT PROMOTIONS HERE

SoFi Checking & Savings: Up To $325 + Up To 4.60% APY

• What you’ll get: Up To $325 + Up To 4.60% APY
• Where it’s available: Nationwide
• How to earn it: Receive a bonus worth up to $325 based on the total of the direct deposits you receive in a 25-day evaluation window when you open a SoFi Checking and Savings account. Members will also earn up to 4.20% APY. See the Bonus Details section below for more information.
• When it expires: 6/30/2024

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READ MORE: GET TOP BONUSES FROM CHASE, AXOS, AND BMO.

Bonus Details

• Say goodbye to bank fees: The average American paid $53.79 in bank fees in 2020. We don’t believe in fees, so with SoFi there’s no overdraft fees, no minimum balance fees, and no monthly fees. Plus, 55,000+ fee-free ATMs with Allpoint.
• FDIC insured: Breathe easy knowing your funds are insured up to $250K. (Joint accounts receive $500K in total insurance.)
• 2-day Early Paycheck: Feel the magic of pay day up to two days early – automatically – when you set up direct deposit.
• Automatic savings features: Organize your money, set savings goals, and save your spare change with Vaults and Roundups.
• No fee Overdraft Coverage: Overspent by accident? No problem. You’ll be covered up to $50 with no fees with qualifying direct deposits.
• Collect a cash bonus of $50 to $250 depending on your direct deposit amount during your 25-day evaluation period:

Total Qualifying Direct Deposit amount in 25-day Evaluation Period	Cash Bonus
$1,000 – $4,999.99	$50
$5,000 or more	$300

Waive The Monthly Fee

The SoFi Checking & Savings account has no monthly fees.

Fine Print

• SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances.
• There is no minimum Direct Deposit amount required to qualify for the stated interest rate.
• Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.
• Interest rates are variable and subject to change at any time.
• These rates are current as of 10/24/2023.
• There is no minimum balance requirement.
• Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

READ MORE: GET THIS $100 SIGN UP BONUS FROM BANK OF AMERICA BEFORE IT’S GONE

Bottom Line

SoFi’s combined checking and savings account is a great choice for those of us who don’t want to deal with bank fees. With no monthly fees, overdraft fees, or out-of-network ATM fees along with high interest and a nice welcome bonus, one should consider signing up.

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