Available nationwide, SoFi is offering a rate of 0.10% APY via their SoFi Money account; the best of checking and savings — in one account. To earn this generous rate, simply open an account online and go through the process. Once you have done, you will earn the rate!
SoFi Money offers no monthly fees, daily compounding interest, FDIC insurance and more! This new savings account offers a APY rate that is more than the average account, so take advantage and sign up today! See our Bank Bonuses from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA or CIT Bank.
Table of Contents
SoFi Money Account Info
- Account Type: Checking and Savings Account
- Interest Rate: 0.10% APY
- Availability: Nationwide (Branch Locator)
- Minimum Balance: None
- Maximum Balance: None
- Expiration Date: None
- Credit Inquiry: Hard pull/Soft pull? Let us know
- Opening Deposit: None
- Credit Card Funding: Unknown, Let us know
- Direct Deposit Requirement: None
- Monthly Fee: There are no monthly service fees
- Additional Requirements: See below
- Early Termination Fee: None
- Insured: FDIC
ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Receive SoFi Money Rate
- Open a Checking and Savings account from SoFi Money.
- Provide your personal information and fill out the application form
- Earn 0.10% APY Rate.
Why You Should Sign Up For This Account
- Maintain a low balance to start off earning 0.10% APY
- Receive high earnings without paying back in monthly fees
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
- All deposits are FDIC insured to the maximum amount allowed by the law
For those of you looking for a savings account with a high APY rate, look no further as SoFi Money’s Checking and Savings Account offers a fanastic APY Rate. Simply put, if you would like to take advantage of a high APY rate while having the convenience of no deposit requirements or fees to worry about, then I’d definitely take advantage of this.
The Checking and Savings Account comes with no fees and you can keep track of your money at anytime. If you’re known to save and want high earnings with a experienced company, check out SoFi Money’s Checking and Savings Account and sign up with them today. Feel free to share your experiences with this bank by commenting below. For more bank offers, see the complete list of Best Bank Rates! For another great option, check out the Discover Online Savings account!
American Express® High Yield Savings Account - You earn 0.40% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 7 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Aspiration||1.00% APY + $100 Cash||Review|
|Axos My Savings Builder||Up to 0.70% APY||Review|
|Axos Bank High Yield Savings||0.61% APY||Review|
|Axos Bank High Yield Money Market||0.60% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|