Sofi Savings accounts

You may benefit from the SoFi Savings Account if you want to grow your money faster without worrying about fees. SoFi Bank, N.A. offers up to 3.80% APY² on savings balances (including Vaults) when you set up qualifying direct deposit or meet the required deposit threshold during the 30-day Evaluation Period.

There are no minimum balance requirements, and your money is FDIC insured up to $250,000, with access to up to $3M in additional FDIC insurance through the SoFi Insured Deposit Program⁴. Users can manage savings goals through Vaults and monitor their interest growth via the SoFi app. Disclosures 2. APY accurate as of 1/24/25 and subject to change. Requires eligible direct deposit or $5,000+ in qualifying deposits during the 30-day Evaluation Period. 3. SoFi Bank does not charge account, service, or maintenance fees. Outgoing wire fees may apply. 4. SoFi Bank is a member FDIC and provides insurance up to $250,000. Additional FDIC insurance up to $3M is available via the SoFi Insured Deposit Program