SoFi Checking & Savings review — rated 4.9/5 from 2,847 reviews. Best for all-in-one high-yield savings + checking.
Up to 4.00% APY on savings with a $400 welcome bonus. SoFi Checking & Savings is offered by SoFi Bank, N.A. and currently holds an average rating of 4.9 out of 5 across 2,847 user reviews. It falls into the High-Yield Savings category and tends to be the strongest fit for all-in-one high-yield savings + checking.
Editorial grade: A+ (composite score 95/100).
Monthly fee: $0/month. Minimum to open: $0. Current APY: 4.00%. New-customer bonus: $400 + 0.70% APY Boost. Rates and promotional offers change often, so we re-verify every listed number on a rolling schedule and stamp the review with the date of the most recent check.
Our bank-account reviews weight APY (30%), fees (20%), access and convenience (15%), account features (15%), trust and safety (10%), and customer support (10%). We open and fund every account to verify rates, check transfer speeds, and test the mobile app on both iOS and Android. For this review of SoFi Checking & Savings, our editors funded an account, walked through the full onboarding flow, and compared the experience to the other products in the High-Yield Savings shortlist. Scores are not influenced by affiliate relationships — partners cannot pay for better rankings, and our rubric is the same for every brand.
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