SoFi Checking & Savings Raises APY to 1.80% for Direct Deposit Members to Help Members Make More from Their Money

Jul 26, 2022

SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced SoFi Checking & Savings will now offer an industry-leading 1.80% annual percentage yield (APY)¹ for all members who have direct deposit. SoFi will also offer a 1.00% APY for those looking for a high yield opportunity without direct deposit. Members will earn these increased rates on all of their money with SoFi Checking & Savings, earning them more interest in one week than they would earn in one year at most other banks on average.

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