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2750 East Cottonwood Parkway #300
Cottonwood Heights, Utah 84121

Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 10/20/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet.


Eligible Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Eligible Direct Deposit”) via the Automated Clearing House (“ACH”) Network every 31 calendar days.


Although we do our best to recognize all Eligible Direct Deposits, a small number of employers, payroll providers, benefits providers, or government agencies do not designate payments as direct deposit. To ensure you're earning the APY for account holders with Eligible Direct Deposit, we encourage you to check your APY Details page the day after your Eligible Direct Deposit posts to your SoFi account. If your APY is not showing as the APY for account holders with Eligible Direct Deposit, contact us at 855-456-7634 with the details of your Eligible Direct Deposit. As long as SoFi Bank can validate those details, you will start earning the APY for account holders with Eligible Direct Deposit from the date you contact SoFi for the next 31 calendar days. You will also be eligible for the APY for account holders with Eligible Direct Deposit on future Eligible Direct Deposits, as long as SoFi Bank can validate them.


Deposits that are not from an employer, payroll, or benefits provider or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, Wise, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Eligible Direct Deposit activity. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. SoFi Bank shall, in its sole discretion, assess each account holder's Eligible Direct Deposit activity to determine the applicability of rates and may request additional documentation for verification of eligibility. See additional details at https://www.sofi.com/legal/banking-rate-sheet.


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SoFi Lending Corp. NMLS #1121636

234 1st Street, San Francisco, CA 94105

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How to sell a Fractional Share (Stock Bit)?

4 hours ago · Updated

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Thank you for stopping by. This article will guide you through the process of selling a fractional share on our platform.

You can sell as little as $5 of your Stock Bit. If you're selling your entire holding, there’s no minimum amount.

Keep in mind, if the fraction is very small, market movement could prevent the trade from being executed.

 

Instructions:

  1. Log in to your SoFi Invest account
    First, access your account on either your mobile device or website. Then, choose the Invest account you wish to make the trade in.
  2. Access your portfolio and select the stock to sell
    After logging in, locate the stock you wish to sell under My Investments (website) or Investments (mobile app)
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  3. Enter the trade details (i.e. the amount you want to liquidate)
    Please note: When selling a fractional share, a $5 minimum is required. However, when liquidating the entire holding, there is no minimum amount.
    • Website instructions
      1. Enter the amount you want to liquidate (minimum $5)
      2. Click Review
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    • Mobile app instructions 
      1. Tap Trade then Sell
      2. Select Market Order - Dollars
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      3. Enter the dollar amount

Note: An error message will be displayed if the sell order is for the entire position and is under $5.

4. Review and place your order

    1. Before confirming the sale, review the details of your order. Double-check the amount of fractional shares you are selling, as well as the current price and any applicable fees.
    2. Once you’ve reviewed your order, click Place Trade (website) or Slide to Confirm (mobile app)



       

After selling your fractional shares, the transaction will be reflected in your portfolio. You can track the sale status, including the proceeds from the sale. You will also receive a confirmation email detailing the completed sale and any associated fees.

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