Editor's Review
SoFi is a comprehensive finance app designed to help you bank, borrow, budget, and invest all in one place! With over 9.4 million members, SoFi offers a range of features to help you manage your finances effectively. Let's dive into what makes SoFi a popular choice! 🏦
High-Yield Mobile Banking: Enjoy mobile banking with no account fees and no minimum balance requirements. Access your money at over 55,000 ATMs nationwide. You can even advance your paycheck by up to 2 days when you set up direct deposit! Plus, your funds are secured with FDIC insurance up to $250,000. 💸
Smart Investing: Invest in stocks and ETFs without commission. Get exclusive access to IPO investments and start investing with as little as $5 using fractional shares. New users can even get up to $1,000 in stock when opening and funding an active invest account! 💰
Powerful Budget Tracker: Connect all your accounts for a comprehensive financial overview. Set and monitor custom savings goals with advanced budgeting tools. Categorize and analyze your spending to gain insights and stay on top of your finances with bill payment reminders. You can also track your credit score and receive updates to help advance your financial health. 📊
SoFi provides support via phone at (855) 456-SOFI (7634) and online chat. They are located at 234 1st St, San Francisco, CA 94105. Don't miss the chance to sign up for free credit score monitoring for a chance to win $20K in cash or one of three $1K prizes! 🎉
*NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Open only to legal residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes ends at 11:59 pm ET on 1/31/25. Subject to Official Rules, including alternate methods of entry, prizes, limits, and odds, click here (https://www.sofi.com/relay-sweepstakes/). Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.
**Early access to direct deposit funds depends on the timing in which SoFi receives notice of impending payment from the Federal Reserve, typically up to two days before the scheduled payment date, but may vary.
Download SoFi for Android devices on Google Play today! 📱
Features
High-yield mobile banking with no account fees
Access to a network of 55,000+ ATMs
Potential to advance paycheck by up to 2 days
FDIC insurance up to $250,000 on bank accounts
Commission-free investing in stocks and ETFs
Access to IPO investments at IPO prices
Investments starting at $5 with fractional shares
Comprehensive budget tracker for financial overview
Custom savings goals with budgeting tools
Spending categorization and analysis
Bill payment reminders for money management
Credit score tracking and updates
Pros
No account fees and no minimum balance requirements
Access to over 55,000 ATMs nationwide
Potential for early paycheck access
FDIC insurance up to $250,000
Commission-free stock and ETF investing
Access to IPO investments
Invest with as little as $5
Comprehensive financial overview with budget tracker
Advanced budgeting tools for savings goals
Bill payment reminders
Cons
Early access to direct deposit depends on Federal Reserve timing
Sweepstakes have eligibility requirements and end date