How to enroll in the SIDP:
- If you have SoFi Checking and Savings, log in to your account in the app or on SoFi.com and go to Banking > More menu (...) > SoFi Insured Deposit Program.
- You will be redirected to a landing page containing the program's Terms & Conditions.
- Once you review and accept the Terms & Conditions and complete the enrollment process on that page, you will be fully opted-in.
- Upon successful enrollment, you will receive a confirmation email within 48 hours.
If you’re a new member, you’ll have to open SoFi Checking & Savings accounts at sofi.com/banking first.
How to unenroll from the SIDP:
If you’d like to unenroll from the program, give us a call 855-456-7634 or chat with us and we can help.
Learn more about the SoFi Insured Deposit Program here.
If you are looking for FDIC insurance information for your SoFi Money or Samsung by SoFi account, please review:
SoFI Money - Are my deposits insured?
Samsung by SoFi - Are my deposits insured?