How do I add a beneficiary to my SoFi Checking and Savings account?

To add a payable on death (POD) beneficiary, to your SoFi Checking and Savings account click here or follow the steps below: 

1. Log in to your SoFi account
2. Navigate to your Banking tab
3. Go to the 'Gear' icon
4. Select Beneficiaries from the menu
5. Select “set up now” on the account you would like to add the beneficiary to.
6. Input your beneficiary’s information and confirm

You can add up to five primary and five secondary beneficiaries. These beneficiary designations will apply only to your Checking and Savings accounts.

When naming an individual as your beneficiary, you’ll need their full name, Social Security number, date of birth, and a U.S. address. 

Your banking balances will be evenly split among your primary beneficiaries first—and will be split evenly among secondary beneficiaries only if there’s no living primary beneficiary.

Note: If you have multiple accounts (Individual and Joint), you will need to set up beneficiaries for each account separately 

If you are looking to add beneficiaries to your SoFi Invest accounts, learn more here: Am I able to have beneficiaries listed on my Invest accounts?