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About SoFi Money

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  • What is SoFi Money?
  • What features and benefits are included with a SoFi Money account?
  • Is SoFi membership included when I open a SoFi Money account?
  • How easy is it to sign up for SoFi Money?
  • How does SoFi Money work with other SoFi products?
  • Who do I contact with additional SoFi Money questions?
  • What is the SoFi bank address?
  • Is SoFi Money secure?
  • How does SoFi ensure that my personal information is secure?
  • Will I earn interest with my SoFi Money account?
  • I received a dubious email from 'sofi_money' on social media. Should I be concerned?
  • Which ATMs accept SoFi check deposits?
  • Can I make a cash advance with my SoFi Money account?
  • What happens when there is more than one person listed on a check? (Joint Payable checks)
  • I have a joint account; will both of our names be on the check?
  • Can I cash a check for a dependent of mine?
  • Why haven't I received my SoFi Money checks yet?
  • Does SoFi offer Custodial account options?
  • Can I add a beneficiary to my SoFi Money account?
  • What can you do with SoFi Money?
  • Are there any fees for having a SoFi Money account?
  • What do you mean when you say SoFi Money has no overdraft fees?
  • Is there a minimum balance requirement?
  • Are there any SoFi Money transaction limits?
  • Can I order physical checks for my SoFi Money account?
  • Can I set up a SoFi Money cash management account for my business?
  • Do you have multiple accounts?
  • Do you integrate with Mint, PayPal, or Venmo?
  • Can I export my spending data to use with other budgeting tools/software?
  • How do you handle my personal info?
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Cottonwood Heights, Utah 84121

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Investment Products:

ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi's underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org Opens A New Window. )

Diversification can help reduce some investment risk. It cannot guarantee profit or fully protect against loss in a declining market.

SoFi doesn’t provide tax or legal advice. Individual circumstances are unique. Consult with a qualified tax advisor or attorney.

"SoFi Invest" is the brand name for brokerage products and services offered through SoFi Securities LLC (SFS) Member FINRA Opens A New Window. /SIPC Opens A New Window. including SoFi Money™, advisory services offered through SoFi Wealth LLC (SFW) an SEC Registered Investment Adviser, and cryptocurrency services offered through SoFi Digital Assets, LLC (SDA). SFS, SFW, and SDA are affiliated companies under the common control of Social Finance, Inc. (SoFi). Neither SoFi nor its subsidiaries are a bank.

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Clearing and custody of all securities are provided by APEX Clearing Corporation. Information on SoFi Wealth available in the firm's Form ADV Part 2 Brochure on the SEC's website.

SoFi® Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. The SoFi® Bank Debit Mastercard® is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

*SoFi members with direct deposit can earn up to 3.75% annual percentage yield (APY) on savings balances (including Vaults) and 2.50% APY on checking balances. There is no minimum direct deposit amount required to qualify for the 3.75% APY for savings and 2.50% APY for checking balances. Members without direct deposit will earn 1.20% APY on all account balances in checking and savings (including Vaults). Interest rates are variable and subject to change at any time. These rates are current as of 1/4/2023. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

Additional information can be found at www.sofi.com/legal/banking-rate-sheet

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