All About AutoSave

AutoSave allows you to save a part of your paycheck toward your goals. Set the dollar amount or percentage you want to save and we’ll automatically transfer it from your direct deposit to one or more of your Vaults.

Whether you're saving up for a down payment on a house or an emergency fund, AutoSave can help you reach your goals faster. Get started today by setting up direct deposit and turning on AutoSave.

Commonly Asked Questions

Question	Answer
How do I activate AutoSave?	From your SoFi Money homepage: Select ‘Autopilot.' Click ‘Add New.' Select 'Split your Paycheck' Then 'Set up Autosave' Select a Vault for AutoSave. If no Vault exists you can 'Create a Vault.' Add a dollar amount for 'How much you would like to save' towards AutoSave. You also have the ability to select a percentage of your direct deposit to dedicate to AutoSave. Clicking 'Next' will take you to the confirmation screen.
Can I use AutoSave if I don’t use Vaults?	If you do not already have a Vault, we’ll automatically create an “AutoSave” Vault for you and will automatically transfer your savings there. You also can create your own Vault while you are setting up AutoSave.
What if the AutoSave dollar amount I specify is larger than my direct deposit?	If the AutoSave dollar amount you had specified is larger than your direct deposit transaction, the full amount of your direct deposit transaction will be automatically transferred to your specified Vault. Additional funds will not be moved from your spending balance to the Vault to cover the difference.
When do the automatic transfers happen?	Once AutoSave is turned on, the money will be transferred from your spending balance to the Vault of your choosing as soon as your direct deposit posts to your account.