If you currently have Sofi check & savings account, you can upgrade to plus by having $10 deducted from your savings account every month. So you lose $120 a year, but you make 4.5% on the first 20k, which comes out to $900-$120 annual fee = $780 in interest.
The remaining money in your account earns 3.5% interest. So, on the surface it sounds like a money grab, but if you do the math the interest pay out you get is pretty awesome. There's no current offer from other banks giving you 4.5% on 20k.
Other perks include: financial planning, 10% cash back boost on your Sofi credit card, and 1% match on your investments.
https://www.sofi.com/sofi-plus/?a...rce=impact
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