SoFi App
To link bank accounts for ACH deposits/withdrawals via the mobile app, go to your SoFi Invest account on the app, tap on the “Trade” button in the bottom right corner of the screen, select ‘Add cash’ and follow the steps below. You can also click on this link to open the 'transfers' page.
- Tap on 'From'.
- Select, 'Link new account'.
- You will be redirected to our 3rd party partner, Plaid.
- Select 'Continue'.
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Select the appropriate banking institution from the list provided, or use the 'Search' tool.
- Note: Accounts previously connected to Plaid will auto-populate
- Note: Accounts previously connected to Plaid will auto-populate
- Follow along with the rest of the prompts to finish connecting your account!
You can now schedule your deposit with your new bank link. Enter the amount you want to deposit then tap on ‘Review deposit’ then you will ‘Confirm’ the deposit.
SoFi Website
To link bank accounts for ACH deposits/withdrawals via the website, go to your SoFi Invest account on SoFi.com, click on ‘Add cash’, and follow the steps below. You can also click on this link to open the 'transfers' page.
- Click on 'From' or 'To'.
- Select, 'Manage bank accounts'.
- Click on ‘Connect a new bank account’.
- If you have bank accounts previously linked to your Invest account or linked to some of your other SoFi accounts, you have the option to click on one of those. Otherwise, please click on ‘View other transfer options’.
- Select ‘Connect a bank’ and click on ‘Next’.
- You will be redirected to our 3rd party partner, Plaid.
- Select 'Continue'.
- Select the appropriate banking institution from the list provided, or use the 'Search' tool.
- Follow along with the rest of the prompts to finish connecting your account!
You can now schedule your deposit with your new bank link. Enter the amount you want to deposit then tap on ‘Review deposit’ then you will ‘Confirm’ the deposit.
Eligible Bank Links
You can link a personal checking or savings account to your SoFi Invest account. We are not able to link to business accounts, 3rd party accounts, custodial accounts, credit cards, or prepaid debit card accounts.
- Please make sure you are the owner on the external account. Your name and SSN on file must match on both accounts.
- External Plaid Issues: Unfortunately some financial institutions may experience issues with Plaid that can temporarily prevent you from linking an account. We do not have control over this and apologize for any frustration this may cause. If you experience issues with plaid please follow the instructions listed in this article: New Article: Manually Connect Your Bank account to Invest account without Plaid
- Document Upload Requests: If documents are required to verify your account, please follow the instructions to upload the documents to your SoFi account. Please allow us time to review once your documents have been provided.
- Please note that we are only able to link to a personal checking/savings account. We cannot link to business accounts, third-party accounts, prepaid card accounts, and PayPal/Venmo accounts.
- If you are having another issue with linking a bank account to your SoFi Invest account, please chat with a SoFi Invest Live Agent.