SoFiSoFi Savings
APY
3.30%
Min. to Open
None required
Monthly Fee
No monthly fee
Welcome Bonus
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SoFi Savings
SoFi Savings
3.30% APY with direct deposit. No account fees.
Our take
Good rate when you set up direct deposit. SoFi membership includes other perks.
Highlights
What we like
Good rate with direct deposit
Other SoFi membership perks
The trade-off
Top APY may require direct deposit
Is this account right for you?
Answer a few quick questions — we'll match you with the savings accounts that fit your goals and habits.
Full details
Rate & Earnings
| APY | 3.30% |
| APY conditions | With direct deposit for top APY |
| Minimum balance for APY | None required |
Fees & Requirements
| Monthly fee | No monthly fee |
| Minimum to open | None required |
Features
| FDIC insured | FDIC insured |
| Mobile app | Mobile app |
| ATM access | ATM access |
Frequently asked questions
What is the current APY on this account?
The current APY is 3.30%. With direct deposit for top APY
Is my money protected?
Yes — this account is FDIC insured up to $250,000 per depositor, per institution. Your money is safe even if the bank fails.
How do I access my money?
ATM withdrawals are available. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.
Are there any hidden fees?
This account has no monthly maintenance fee. Always review the full fee schedule for wire transfer, outgoing transfer, or other service fees.
SoFi Savings