APY
0.50%
As of Nov 8, 2026. Rates are variable.
SoFi Bank · Checking account
SoFi Checking Account
$94 a year for an everyday customer. No monthly fee.
- A year, everyday customer
- $94
- APY
- Receipt · APYChecked Nov 8, 2026
Issuer document · d32ijn7u0aqfv4.cloudfront.net · PDF
The source states this figure; we have no exact sentence on file yet.
- Monthly fee
- Receipt · Monthly feeChecked Nov 8, 2026
Issuer document · d32ijn7u0aqfv4.cloudfront.net · PDF
The source states this figure; we have no exact sentence on file yet.
- To open
- Not stated
Offer
Bonuses
$5,000 in direct deposits within 25 days
SoFi Checking Account · SoFi
Ends Dec 31, 2026Meet it within 25 days
“Set up a first Eligible Direct Deposit of $1 or more on or before 12/31/26, then have total Eligible Direct Deposits of $5,000 or more received within 25 calendar days of that first deposit to earn $400 (tiers: $1,000 to $4,999.99 earns $50; under $1,000 earns $0).”The bank’s page, checked Nov 8, 2026
With a current customer’s referral
SoFi Bank Referral Program
Open a SoFi Checking and Savings account as their first SoFi product by opening the referral link from a friend, and make deposits totaling $50 or more initiated within the 25-calendar-day period beginning the day after they register or log
Against the market
How it ranks
#1of 1043 checking accounts, by a year’s value for an everyday customer
All 1043 checking accounts, rankedFeatures
- Bill pay
- Check writing
- Debit card
- Early direct deposit
- Extended deposit insurance
- Instant external transfers
- ITIN accepted
- Joint accounts
- Mobile check deposit
- No foreign transaction fee
- No minimum balance
- No overdraft fees
- Zelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
In the bank’s words
Terms
Rate conditions
- Balance needed for the APY
- $0sofi.com, checked Nov 8, 2026
Fees
- Monthly fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Overdraft fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Returned item (NSF) fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- ATM network
- Allpointsofi.com, checked Nov 8, 2026
- ATMs in the network
- 55,000sofi.com, checked Nov 8, 2026
- Out-of-network ATM fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- International ATM fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Foreign transaction fee (debit card)
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Incoming domestic wire
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Outgoing domestic wire
- $30d32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Inactivity fee
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Stop payment
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Card replacement
- Noned32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
Who can open it
- Where
- Anywhere in the USd32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
- Minimum age
- 18d32ijn7u0aqfv4.cloudfront.net, checked Nov 8, 2026
FDIC-insured, up to $250,000 per depositor, per ownership category: FDIC BankFind.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money