If you qualify for a promotional APY boost, the 4.50% SoFi Plus APY applies first to Savings balances in one account up to $20,000.
The promotional APY boost applies only to Savings balances not receiving the 4.50% APY during the promotion period.
Example (0.70% promotional APY boost)
| Balance | APY |
| Savings balance ≤ $20,000 | 4.50% APY |
| Portion of Savings balances > $20,000 during the promotion | 3.80% (3.10% + 0.70% boost) APY |
| Savings balances > $20,000 after the promotion ends | 3.10% APY |