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ONLINE BANKING
Whether you want to move money from one account to another, pay a bill, or pay down a line of credit, online banking options help you meet your goal on your terms.
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Online and mobile transfers through your app or online banking
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Submit or schedule a wire via online banking
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Online bill pay lets you manage bills electronically and set up one-time or recurring payments
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External transfers let you easily send funds to suppliers, employees and more via ACH
SoFi Bank is a financial institution that offers a wide range of digital banking and personal finance services. It’s part of SoFi Technologies, Inc., originally known for student loan refinancing, but it has since evolved into a full-service online bank and financial platform.
💰 Checking & Savings Account
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No fees: No overdraft, monthly, or minimum balance fees.
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High APY: As of mid-2025, offers up to 4.60% APY on savings with direct deposit.
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Cash-back debit card: Available through their checking account.
💳 Credit Cards
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SoFi offers rewards credit cards with cashback that can be applied toward:
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Student loan repayment
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Investing in SoFi Invest
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Saving or paying off personal loans
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📈 SoFi Invest
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Stocks, ETFs, crypto, and automated investing
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Offers fractional shares and retirement accounts (IRA, Roth IRA)
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Good for beginner to intermediate investors
🎓 Loans
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Student loan refinancing (their original core product)
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Personal loans, home loans, and auto loan refinancing
📚 SoFi Relay
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Free budgeting and financial tracking tool
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Credit score monitoring
