Signing up for SoFi Money is the fastest way to upgrade to SoFi Checking and Savings. While we can’t promise an exact time, know that we are working as quickly as possible behind the scenes and that we’ll email you the moment your upgrade is ready.
Be sure to set up direct deposit now so you can earn 1.00% APY the moment your upgrade is ready.
NOTE: There is no minimum direct deposit amount required for the 1.25% APY or 2-Day Early Paycheck, however we do require $1,000 of monthly direct deposit inflows to unlock No-Fee Overdraft Coverage.
NOTE: Members without direct deposit will earn 0.70% APY on Checking and Savings deposits.
Money Member: If you’re a member looking to upgrade from SoFi Money to SoFi checking and savings accounts, stay tuned for more information in the coming weeks.
When the time comes, we’ll make it easy for you to upgrade from SoFi Money to SoFi Checking and Savings (ensuring there are no interruptions to your account).