SoFi - Banking & Investing

3.8
36.3K reviews
1M+
Downloads
Content rating
Everyone
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About this app

Upgrade your summer travel with up to $300 on us.

Why do over 8M members love SoFi?

HIGH-YIELD MOBILE BANKING
• Enjoy no account fees on mobile banking with no minimum balance requirements on your accounts.
• Access your money at over 55,000 ATMs nationwide for convenient mobile banking.
• Advance your paycheck by up to 2 days when you set up direct deposit with our online bank.*
• Secure your funds with FDIC insurance up to $250,000 on your mobile bank account.

SMART INVESTING
• Invest in stocks and ETFs without commission through our mobile investing app.
• Access exclusive IPO investments at IPO prices directly from your investing app.
• Start investing with as little as $5 using fractional shares in our easy-to-use investing app.
• Get up to $1,000 in stock when you open and fund an active invest account.

POWERFUL BUDGET TRACKER
• Connect all your accounts to our budget tracker for a comprehensive financial overview.
• Set and monitor custom savings goals with our advanced budgeting tools.
• Gain insights by categorizing and analyzing your spending in our budget tracker app.
• Stay on top of your finances with bill payment reminders from our money management app.
• Track your credit score and receive updates to help advance your financial health.

Support: Call (855) 456-SOFI (7634) or chat with us online at https://www.sofi.com/contact-us/

*Early 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.

Bank, borrow, budget, and invest- all in one finance app. Download SoFi for Android devices on Google Play.
Updated on
Sep 13, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Financial info and 5 others
This app may collect these data types
Personal info, Financial info and 5 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

3.8
35.5K reviews
Christian Rankin
September 11, 2024
It's a great concept mediocrely executed. They have cool features that are easy to access like budget tracking and very basic investing. It's a good gateway drug for finance but not the final stop. The app uses 3x power and CPU time as competitors so I'm not sure exactly what it's doing in the background, but it's definitely eating my battery all day. Thank you so much SoFi, for getting me into watching my money and what not but I'm going to be divesting until your code improves.
5 people found this review helpful
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Social Finance, LLC
September 13, 2024
Hello, thank you for sharing your experience and this feedback. Improving our products and services for the sake of the member experience is a priority, and we’ve shared your thoughts with our team. Please stay tuned for potential updates in the future—and let us know if you have further concerns!
Kevin Juhasz
September 11, 2024
More negatives than positives so far. Customer service appears to be a low priority. Too many hoops to jump through to start even basic tasks, like deposit cash. There was a tracker for my debit card shipment but it disappeared. Ihave no idea on the status. It's already taking way longer than any bank I've been with. We'll see how it goes after I've performed the dozens of tasks they demand for basic banking.
3 people found this review helpful
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Social Finance, LLC
September 12, 2024
Hey there! One of our agents can help provide a timeframe for your debit card arrival. Did you know SoFi offers a digital card? Please connect with an agent for the timeframe of your card and info on how to access your virtual card, you can connect here: us.sofi.com/chat
David
September 7, 2024
So far, the banking aspect has been great. The savings account return of 4% is crazy. Only criticism is the app is very cluttered. Seeing what accounts I actually have seems to be covered by tons of server ads. I get that Sofi has to make their money - but the app is very hard to navigate until you get the hang of it and dismiss the tons of irrelevant loan ads.
3 people found this review helpful
Did you find this helpful?
Social Finance, LLC
September 8, 2024
Hello, thank you for sharing your experience and this feedback. Improving our products and services for the sake of the member experience is a priority, and we’ve shared your thoughts with our team. Please stay tuned for potential updates in the future—and let us know if you have further concerns!