SoFi Bank: High-Yield Savings & Checking Review & APY Rate

At a Glance: SoFi Bank currently offers 4.60% APY on its High-Yield Savings & Checking. It requires a minimum deposit of $0, charges $0 monthly maintenance fees, and is FDIC insured.

Account Specifications

Feature Value
Bank / Institution SoFi Bank
Annual Percentage Yield (APY) 4.60%
Minimum Opening Deposit $0
Monthly Maintenance Fee $0
Compounding Frequency Daily
FDIC Insurance Status ✅ FDIC Insured (up to $250,000)

Key Highlights & Analysis