When you set up direct deposit with SoFi Checking and Savings, you are trusting your paycheck with us. We want to repay that trust by making sure that we give you the best of what SoFi has to offer, including up to 1.25% APY (annual percentage yield) on checking and savings accounts, features like No-Fee Overdraft Coverage, and 2-Day Early Paycheck.
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.
