Active direct deposit earns you 1.25% APY across both your SoFi Checking and Savings accounts. And to learn what qualifies as a valid direct deposit go here.
SoFi Checking and Savings Members without active direct deposit will earn 0.70% APY which is 23x the national average.
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.