The time has come: We’re thrilled to announce SoFi Checking and Savings is now available to everyone! Starting today, members will be able to get 1.00% APY1 on checking and savings with direct deposit, set up automated savings, and enjoy an improved user experience. We’re proud to be making it easier than ever for people to get their money right with more customizable options than ever, all in the palm of your hand, wherever you are.

For all our current members, upgrading will be sweet and simple – answer a few basic questions, and review our new terms and conditions. Your account will be reviewed and upgraded quickly, and you’ll be on your way to start setting up your accounts and auto deposits and savings to your preference.

For our new members, you can sign up here! We’re thrilled to have you join the SoFi family, and experience the benefits of our extensive suite of products and services. From getting a better insight into your spending and habits from SoFi Financial Insights, also known as Relay2, to maximizing your money with 2% cashback3 on the SoFi Credit Card, we’re here for you at every turn to help you meet your financial goals.

If you still have questions, see more details here: https://www.sofi.com/banking.

SoFi Checking and Savings is offered through SoFi Bank, N.A.

1SoFi Banking members with direct deposit can earn up to 1.00% annual percentage yield (APY) interest on the first $50,000 of their balances for their checking and savings accounts, plus the cumulative total of all Vault balances, for up to $150,000 total deposits. Balances over $50,000 in each category will earn 0.05% APY. Members without direct deposit will earn 0.25% APY on account balances. Interest rates are variable and subject to change at any time. Rate of 1.00% APY is current as of 12/15/2021. Additional information can be found at http:// www.sofi.com/legal/banking-rate-sheet.

2SoFi’s Relay tool offers users the ability to connect both in-house accounts and external accounts using Plaid, Inc’s service. The credit score provided to you is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

The SoFi Credit Card is issued by The Bank of Missouri (TBOM) (“Issuer”) pursuant to license by Mastercard® International Incorporated and can be used everywhere Mastercard is accepted.

3Members earn 2 rewards points for every dollar spent on eligible purchases. If you elect to redeem points for cash deposited into your SoFi Checking or Savings account, SoFi Money® account, fractional shares or cryptocurrency in your SoFi Active Invest account, or as a payment to your SoFi Personal or Student Loan Refinance, your points will redeem at a rate of 1 cent per every point. If you elect to redeem points as a statement credit to your SoFi Credit Card account, your points will redeem at a rate of 0.5 cents per every point. For more details please visit SoFi.com/card/rewards. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA/SIPC. SoFi Securities LLC is an affiliate of SoFi Bank, N.A.

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