SoFi - Banking & Investing

Social Finance, LLC

About this app

Get up to $1000 in stock when you open and fund an active invest account. Bank, borrow, budget, and invest- all in one app.

WHY DO 10 MILLION MEMBERS LOVE SOFI?

HIGH-YIELD MOBILE BANKING
• Enjoy no account fees on mobile banking with no minimum balance requirements on your accounts.
• Access your money at over 55,000 ATMs nationwide for convenient mobile banking.
• Advance your paycheck by up to 2 days when you set up direct deposit with our online bank. **
• Secure your funds with FDIC insurance up to $250,000 on your mobile bank account.

SMART INVESTING
• Invest in stocks and ETFs without commission through our mobile investing app.
• Access exclusive IPO investments at IPO prices directly from your investing app.
• Start investing with as little as $5 using fractional shares in our easy-to-use investing app.
• Get up to $1,000 in stock when you open and fund an active invest account.

POWERFUL BUDGET TRACKER
• Connect all your accounts to our budget tracker for a comprehensive financial overview.
• Set and monitor custom savings goals with our advanced budgeting tools.
• Gain insights by categorizing and analyzing your spending in our budget tracker app.
• Stay on top of your finances with bill payment reminders from our money management app.
• Track your credit score for and receive updates to help advance your financial health.

Support: Call (855) 456-SOFI (7634) or chat with us online at https://www.sofi.com/contact-us/

234 1st St, San Francisco, CA 94105

Sign up for free credit score monitoring and you could win $20K in cash or be one of three winners to win $1K.

*NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes ends at 11:59 pm ET on 1/31/25. Subject to Official Rules, including alternate methods of entry, prizes, limits, and odds, click here (https://www.sofi.com/relay-sweepstakes/). Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

**Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.

Bank, borrow, budget, and invest- all in one finance app. Download SoFi for Android devices on Google Play.

Ratings and reviews

I've only had an account for almost 2 months. I opened it since Varo got rid of Zelle. Zelle is working fine, though I haven't tried to send anyone money, only received. I hate that the higher interest rate is driven by the amount of your direct deposit. And I don't really like the UI. It's way too busy and there isn't an option to hide any of the tiles. I'd prefer to see the banking breakdown on the home screen instead of having to tap into it to know how much is in checking vs. savings.