SoFi Help Center home page
Create account Log in
  1. SoFi
  2. SoFi Money
  3. SoFi Money Vaults

Articles in this section

  • Can I set a specific target goal for a Vault?
  • Emergency Fund Vault (Mobile app)
  • Can I create a vault for emergencies?
  • How can I fund my Emergency Fund vault?
  • Emergency Funds vault (website)
  • Can I set up a recurring Vault transfer?
  • Can I apply my Roundups to more than one Vault?
  • What happens if I don’t have enough funds for a roundup?
  • Why don’t I see a roundup right after a purchase?
  • Can I have Roundups if I don't use Vaults?
See more

Are there any fees or minimums to use a vault?

  • May 18, 2020 22:59
  • Updated
Follow

No, vaults have zero fees and no minimums. It’s all part of our goal to make SoFi Money the easiest way to spend and save.

  • Facebook
  • Twitter
  • LinkedIn
Was this article helpful?
18 out of 20 found this helpful
Return to top

Related articles

  • How do I move money to and from a vault?
  • What are SoFi Money vaults?
  • What is spending reserve?
  • Can I spend directly from a vault?
  • How many vaults can I have?

Legal

Terms of Use Disclaimers Licenses NMLS Access Eligibility Criteria Accessibility Business Continuity

Company

About Us How it Works Reviews Press Our Values Jobs Blog

Sign up for our newsletter:

Find us

Facebook LinkedIn Twitter Instagram

2750 East Cottonwood Parkway #300
Cottonwood Heights, Utah 84121

SoFi iOS App SoFi Android App
Investment Products:
ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org Opens A New Window. )

Diversification can help reduce some investment risk. It cannot guarantee profit or fully protect against loss in a declining market.

SoFi doesn’t provide tax or legal advice. Individual circumstances are unique. Consult with a qualified tax advisor or attorney.

"SoFi Invest" is the brand name for brokerage products and services offered through SoFi Securities LLC (SFS) Member FINRA Opens A New Window. /SIPC Opens A New Window. including SoFi Money™, advisory services offered through SoFi Wealth LLC (SFW) an SEC Registered Investment Adviser, and cryptocurrency services offered through SoFi Digital Assets, LLC (SDA). SFS, SFW, and SDA are affiliated companies under the common control of Social Finance, Inc. (SoFi). Neither SoFi nor its subsidiaries are a bank.

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Clearing and custody of all securities are provided by APEX Clearing Corporation. Information on SoFi Wealth available in the firm's Form ADV Part 2 Brochure on the SEC's website.

SoFi® Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. The SoFi® Bank Debit Mastercard® is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

*SoFi members with direct deposit can earn up to 1.25% annual percentage yield (APY) interest on all account balances in their Checking and Savings accounts (including Vaults). Members without direct deposit will earn 0.70% APY on all account balances in Checking and Savings (including Vaults). Interest rates are variable and subject to change at any time. Rate of 1.25% APY is current as of 04/05/2022

Additional information can be found at www.sofi.com/legal/banking-rate-sheet

234 1st Street, San Francisco, CA 94105

©2022 Social Finance, Inc. All rights reserved.

TLS 1.2 Encrypted

Equal Housing Lender