You can read all about our features at https://www.sofi.com/money/, but some of our favorites include:
- No account fees
- 55,000+ fee-free ATMs worldwide within the Allpoint Network
- Goal-based savings through Vaults
- Mobile Check Deposit
- Direct Deposit
- Access to SoFi member benefits like career coaching and financial advising
- Automated bill pay
- Easy P2P payments at no cost
- SoFi Money™ World Debit Mastercard (After funding your SoFi Money account with $1 or more)
- Freeze your SoFi Money Debit Mastercard on-the-go
- FDIC-insured deposits up to $1.5MM through the SoFi Money sweep program with partner banks
With $500 or more recurring monthly deposits (including all forms of deposit such as ACH, P2P, Check Deposits), you receive:
- Cashback when you spend on a rotating list of your favorite brands and retailers. Check the SoFi app for the most up-to-date list of offers.
- 6x the national average vs. traditional transactional accounts in APY on all your cash.
With Direct Deposits of at least $1,000 per month, you also receive:
- SoFi Overdraft Coverage - Covers you up to $50 in overdrawn debit card purchases.