SoFi - Invest, Trade, Borrow

4.1
24K reviews
1M+
Downloads
Content rating
Everyone
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About this app

SoFi is a one-stop shop for your finances, designed to help you Get Your Money Right®. Save, spend, earn, borrow and invest—all in one app.

Get up to $1,000 in free stock when you open and fund an account!*

ONE CONVENIENT APP DOES IT ALL
Manage your money, invest and trade, check your rates and apply for loans. Do everything in one place.

EARN HIGH INTEREST
When you save with SoFi Checking and Savings, you can earn high interest on your
balances—up to 2.00% APY.**

NO INVESTMENT ACCOUNT MINIMUMS
SoFi Invest lets you trade crypto, invest in stocks, ETFs, retirement funds and more with no commissions and no account minimums.

BORROW FOR SCHOOL, HOME IMPROVEMENT AND MORE
Simply apply and start saving with a SoFi loan. No hidden fees and no catch. Just serious savings.

GET YOUR MONEY RIGHT® WITH ZERO ACCOUNT FEES
Pay zero account fees with SoFi Checkings and Savings, which includes no annual, overdraft or other account fees***.

SMART MONEY MOVES EARN YOU POINTS
Reward points are redeemable for cash, fractional shares of stock, SoFi loan payments, and more.

NO-COST SPENDING AND BUDGETING TOOLS
Get complimentary credit score monitoring, spending breakdowns, financial insights, and more.

ACCESS MEMBER BENEFITS
Members get unlimited access to 1-on-1 financial and career planning at no additional cost.

Investment products: ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

*Customer must fund their Active Invest account with at least $10 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

**SoFi members with direct deposit can earn up to 2.00% annual percentage yield (APY) interest on all account balances in their Checking and Savings accounts (including Vaults). Members without direct deposit will earn 1.00% APY on all account balances in Checking and Savings (including Vaults). 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

SoFi Checking and Savings is offered through SoFi Bank, N.A. The SoFi® Bank Debit Mastercard® is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

***We work hard to offer high interest and no account fees. With that in mind, our interest rate and fee structure are subject to change at any time. See our terms and conditions at sofi.com/legal.

Personal loan fixed rates from 4.99% APR to 19.63% APR (with autopay). Loan terms are between 2-7 years. Payment example: If you take out a $30,000 loan with a 60-month term, a fixed APR of 10.08%, your monthly payment would be $638.59, with a total lifetime payment of $38,315.57. If SoFi is unable to offer you a loan but matches you for a loan with a participating bank, then your rate may be outside the range of rates listed above. Not all rates & amounts available in all states; sofi.com/eligibility for details. Interest rate caps may be lower in some states due to legal requirements & may impact your eligibility to qualify for a SoFi loan. SoFi rate ranges are current as of 8/11/21 & are subject to change. Not all applicants qualify for the lowest rate. Lowest rates reserved for the most creditworthy borrowers. To learn more about the autopay discount see sofi.com/legal/#5
Updated on
Aug 8, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Financial info and 5 others
This app may collect these data types
Personal info, Financial info and 5 others
Data is encrypted in transit
You can request that data be deleted
4.1
24K reviews
Myco Davenport
July 21, 2022
Phenomenal. The perks are great, the UI is seamless, the interest rates topple anything I've ever had or even probably will have, the investment options are great. This has revolutionized banking. The app is better than any bank app I've ever used. Just to clarify, I'm certainly not an expert but I've had a good mix of major national and international banks and of course online only ones as well. None of them offer this many GOOD and useful features. Highly Recommend. 100/100
42 people found this review helpful
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Melissa Stroud
August 8, 2022
The investing platform is weak and I'm not comfortable using it for that purpose. It's too simple. Trades make me nervous. However I like how the app has the ability to give me an overall look at my assets, home and vehicle values, spending habits, credit score, etc. So it has its purposes. But I prefer a different platform for trading.
4 people found this review helpful
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Jake Gift
July 31, 2022
Overall the app is really good. Has lots of features that really make it a one stop shop for financially bettering your self. I have a single issue with the app: The navigation could be better. Sometimes I get lost in the app. I am finding myself continuously closing the app when going back. Please add an EXIT confirmation notification.
14 people found this review helpful
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What's new

We've made a bunch of bug fixes and improvements to help get your money right. It all adds up. Something else you'd like to see? Tell us more at mobilesupport@sofi.com.