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SoFi: Bank, Invest & Crypto

Join 12.6M members who have traded 'app fatigue' for a single, secure platform. From high-yield savings and commission-free stocks to crypto and early paydays, get everything you need to manage your money in one place.

Finance & Crypto ›

Key Figures

Downloads

9M+

User Rating

4.8/5

Total Ratings

383K+

Publisher

Social Finance, Inc

One app to manage your entire financial life

Ditch the app fatigue. From high-yield savings to crypto and credit tracking, get the tools you need to build wealth on your terms with the security of a national chartered bank.

High-Yield Banking & Early Pay

Earn 9x the national average on savings and get paid up to two days early. No fees, no minimums, and no hidden charges—just more for your money.

All-In-One Trading Platform

Diversify your portfolio with Bitcoin, Ethereum, and fractional stocks. Invest in what you believe in with commission-free trades starting at just $5.

FAQ

Frequently Asked Questions

Everything you need to know about SoFi: Bank, Invest & Crypto

What services does the SoFi app offer?

SoFi is an all-in-one financial app that provides banking, investing, cryptocurrency trading, loans, and credit score tracking. It consolidates various financial services into a single platform.

Can I trade cryptocurrency with SoFi?

Yes, SoFi allows users to buy, sell, and hold over 25 cryptocurrencies, including Bitcoin, Ethereum, and Solana. SoFi operates as a national chartered bank offering these crypto services.

Does SoFi provide a Smart Card?

Yes, SoFi offers the SoFi Smart Card. It is a charge card secured by SoFi Checking and Savings accounts. This card facilitates payments and can assist in improving credit scores.

Are there fees for SoFi Checking and Savings accounts?

No, SoFi Checking and Savings accounts do not incur account fees, minimum balance fees, or hidden charges. A transaction fee does apply for outgoing wire transfers.

How can I invest using the SoFi app?

SoFi enables investing through commission-free stock and ETF trading, fractional shares starting at $5, and automated investing services via SoFi Wealth. Users manage their portfolio directly in the app.

Does SoFi provide high-yield savings accounts?

Yes, SoFi offers high-yield savings accounts. These accounts provide a competitive APY and include Savings Vaults for organizing funds. Instant, fee-free transfers between checking and savings are available.

Can I obtain a loan through SoFi?

Yes, SoFi provides various loans for debt consolidation, home improvements, and major purchases. Users can pre-qualify for these loans directly through the app without impacting their credit score.

How does SoFi ensure my financial security?

SoFi protects financial information with bank-level encryption, fraud alerts, and instant notifications for suspicious account activity. Customer support is available seven days a week for assistance.

What is the APY for SoFi's savings account?

SoFi offers a 4.50% APY on its savings account balances. This high yield helps users grow their savings efficiently within the SoFi platform.

Does the SoFi Smart Card offer cash back rewards?

Yes, the SoFi Smart Card offers unlimited 5% cash back rewards on eligible grocery store purchases for SoFi Plus members. This program provides direct benefits for card usage.

The following screenshots and description are sourced directly from the app's official store listing and are the property of the app developer.

App Store

Screenshots

SoFi: Bank, Invest & Crypto - SoFi mobile app interface showing checking and savings account balances and recent transaction activity — SoFi mobile app interface showing checking and savings account balances and recent transaction activity

SoFi: Bank, Invest & Crypto - Mobile screenshot of SoFi app displaying a cryptocurrency portfolio with total value and various digital assets — Mobile screenshot of SoFi app displaying a cryptocurrency portfolio with total value and various digital assets

SoFi: Bank, Invest & Crypto - Sofi app investment interface showing portfolio balance and growth graph — Sofi app investment interface showing portfolio balance and growth graph

SoFi: Bank, Invest & Crypto - The SoFi app investment screen showing a list of stocks and ETFs with performance data — The SoFi app investment screen showing a list of stocks and ETFs with performance data

SoFi: Bank, Invest & Crypto - SoFi Smart Card interface with five percent cash back rewards at grocery stores — SoFi Smart Card interface with five percent cash back rewards at grocery stores

SoFi: Bank, Invest & Crypto - SoFi app interface displaying Smart Card balance and scheduled autopay settings — SoFi app interface displaying Smart Card balance and scheduled autopay settings

SoFi: Bank, Invest & Crypto - Marketing screen for the SoFi app with the text Your money works better when it is all in one app — Marketing screen for the SoFi app with the text Your money works better when it is all in one app

Description

Why do 12.6M members love SoFi? Own crypto—and bank, borrow, invest—all in one app. No new apps to download or new passwords to juggle. You can keep all your money in one place where it’s simple to manage. NEW! BUY, SELL & HOLD CRYPTO • First national chartered bank where individuals can buy, sell, and hold cryptocurrency. • Access Bitcoin, Ethereum, Solana, plus 25+ cryptocurrencies on a platform with the safeguards of a bank. • Make instant cryptocurrency trades with funds from your SoFi account. NEW! SOFI SMART CARD • Charge card secured by SoFi Checking and Savings to simplify payments. • Purchases automatically set aside in real time. Pay in full monthly with optional autopay. • On-time payments could help grow your credit score with no revolving debt. MOBILE BANKING • Open a checking account with no account fees, no minimum balance, and no hidden charges. • Get paid up to 2 days early with direct deposit and early payday.² • Send money, transfer funds, pay bills online, and manage your finances all from one banking app. STOCK TRADING & INVESTING • Trade stocks and ETFs with no commission through SoFi Securities (other fees apply). • Invest in fractional shares starting at just $5 to build your stock portfolio (restrictions apply). • Automated investing with digital portfolio management from SoFi Wealth. HIGH-YIELD SAVINGS ACCOUNT • Earn high APY on savings balances. • Savings Vaults help organize emergency funds and savings goals in one place. • Instant transfers between checking and savings with no fees anytime. LOANS & CREDIT SCORE • Loan rates for debt consolidation, home improvements, major purchases. • Track your credit score with regular updates and monitoring tools. • Pre-qualify for loans without affecting credit score, compare rates instantly. BANK SECURITY & CUSTOMER SUPPORT • Bank-level encryption protects personal and financial information with fraud alerts. • Instant notifications for suspicious account activity keep your money safe. • Financial support team available 7 days/week via chat or (855) 456-SOFI (7634). When you open a SoFi Savings Account, SoFi Bank will also automatically open a SoFi Checking Account in your name. See the SoFi Bank Deposit Account Agreement for details. SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service and for SoFi to present to you data we have received from the credit bureau. The credit score and associated data provided to you is a VantageScore® based on TransUnion® (the “Processing Agent”) data ²Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary. We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/. 9x based on FDIC monthly savings account rate as of October 20, 2025.