SoFi Checking & Savings: Earn Up to 4.60% APY + Up to $250 with Direct Deposit, terms apply
Expired
+82Deal Score
194,216 Views
SoFi is offering up to $250 with direct deposit, terms apply. Up to 4.60% APY on savings and 0.50% APY on checking. No account fees.
Thanks to Slickdeals Staff Member EfficientGame645 for posting this deal.
Details/Features:
After Opening a New Account and setting up Direct Deposit, wait for your direct deposit to hit your account (typically 2-4 weeks).
Amount of Direct Deposit Cash Bonus depends on Total Direct Deposit amount in 25-day Evaluation Period :
$1,000 - $4,999 Total Direct Deposit: $50 Cash Bonus
$5,000 or more Total Direct Deposit: $250 Cash Bonus
SoFi will credit members who meet qualification criteria within seven business days of the end of the Evaluation Period.
No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint Network.
Up to 2-day-early-paycheck
Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
Organize your money, set savings goals, and save your change with Vaults and Roundups.
You'll earn up to 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances.
There is no minimum direct deposit amount required. However, please note that there is a minimum direct deposit required for No-Fee Overdraft Coverage ($1,000).
10/24/2023. Additional information can be found at https://www.sofi.com/banking/
SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
SoFi is offering up to $250 with direct deposit, terms apply. Up to 4.60% APY on savings and 0.50% APY on checking. No account fees.
Details/Features:
After Opening a New Account and setting up Direct Deposit, wait for your direct deposit to hit your account (typically 2-4 weeks).
Amount of Direct Deposit Cash Bonus depends on Total Direct Deposit amount in 25-day Evaluation Period :
$1,000 - $4,999 Total Direct Deposit: $50 Cash Bonus
$5,000 or more Total Direct Deposit: $250 Cash Bonus
SoFi will credit members who meet qualification criteria within seven business days of the end of the Evaluation Period.
No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint Network.
Up to 2-day-early-paycheck
Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
Organize your money, set savings goals, and save your change with Vaults and Roundups.
You'll earn up to 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances.
There is no minimum direct deposit amount required. However, please note that there is a minimum direct deposit required for No-Fee Overdraft Coverage ($1,000).
10/24/2023. Additional information can be found at https://www.sofi.com/banking/
SoFi members with Direct Deposit or $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either Direct Deposit or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
These responses are not provided or commissioned by the bank advertiser.
Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.
It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
I do (Public) but looks like they only offer Treasury Accounts but current YTM is 5.38%. Not exactly sure how this works yet though.
You need an account with Fidelity or Merrill Edge. Typically, brokerage houses offers CD as instruments of investments under Fixed income section. For example, this is[imgur.com] what is available to me for purchase. Ignore the callable CDs. These are not FDIC insured but underlying issuers are all large banks.
SoFi restricted my account for no reason, and their CSRs are clueless about what's going on. Hung up customer's phone calls and weren't able to provide an ETA for their so-call "internal review". File CFPB and OCC complaints, and finally got restrictions removed. Again, no reason was ever provided. Would not recommend this bank despite their relatively high interest rates.
Anecdotal but I don't trust this company. they spammed the heck out of me to get me to apply for a loan, when I did they pulled my credit out as an 846 out of 850 declined me, then, and this part is unproven but, I believe they sold my data to a bunch of other lenders because I immediately within a day started getting numerous fishing spam looking emails from other lenders saying, bad credit? we loan to everyone! Other banks offer better rates, and might not sell your data 🤷 ♂️
I've been with almost all the big online banks. Ally is my go to as of now. Great rates for HYSA. I used to transfer from bank to bank to maximize APY but not worth it, Ally is competitive.
the only time it's worth it is to churn sign on bonus offers on checking accounts like Chase(?) $200 for depositing $10K for 20 days
So direcet deposit has to be $5000 to receive the $250? My parent direct deposit wil take more than 6 month to get to 5k, Can I just deposit 5k myself in account?
319 Comments
Your comment cannot be blank.
Featured Comments
Sign up for a Slickdeals account to remove this ad.
the only time it's worth it is to churn sign on bonus offers on checking accounts like Chase(?) $200 for depositing $10K for 20 days