SoFi - Banking And Investing App Support

SoFi - Banking and Investing App User Reviews

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SoFi - Banking and Investing Pros

✓ Most ExcellentI am rewriting my review for SoFi. I feel like my first one wasn’t detailed enough to do it justice. The SoFi app is an all around efficient app. You get the chance to have a checking account,savings, investing, cryptocurrency, IRAs,Relay, and now a credit card. Plus the app is super simple to use and easy to understand. Plus their really aren’t any fees to this account and I was fortunate enough I was able to be grandfathered into the all atm reimbursement. Plus I took advantage of several sign up bonuses they offer and it really got me into investing. It doesn’t have all the l stocks and ETFs but they do offer the most popular ones. The interest they pay at the moment is low but that is only because the feds lowered the interest rates. So without a doubt I’m sure they will raise it again once the Feds do. Plus their debit card has cash back offers. With the relay you are also able to see your spending and track your credit score. All around I would recommend this cash management account to anyone. 5 Stars! NO CAP!.Esgar23Version: 2.34

✓ Great but Lacks Recurring Transfer AbilitiesGreat simple app that lets you segregate your savings into “Vaults”, so they can act like sinking funds all the while still giving you 4.2% on all the savings and Vaults when you set up direct deposit to go to Sofi. However, I find it extremely annoying they have not added the ability to do Recurring Transfer from Sofi to external accounts even after TWO years of users like myself saying we NEED IT. For example, if I wanted to send money to my checkings at another bank (credit union) to pay for my auto loan I cannot do that. I like to pay my auto loan with my credit union account because they give me 0.25% off the interest rate when I pay with one of their accounts. This means I have to MANUALLY transfer my money every month to pay for my car loan. This is 2023 people, let’s automate payments whenever possible. If they added this function, I would likely be a more long term customer but this really turned me off. I do enjoy the savings rate, but I would consider looking to other banks to keep my money at if they don’t add this feature within the year..AryannaRamirezVersion: 2.152.2

SoFi - Banking and Investing Cons

✗ Don’t do paperlessIf you have a SoFi student loan this app not is integrated fully. And since your student loan is not integrated and cannot receive notifications from your SoFi student loan, you will not get any indication if your autopayment fails. You cannot rely on SoFi to inform you if there’s a problem at all if you have paperless communication. Therefore I suggest turning off paperless because they WILL send you paper mail, even that that’s way less secure than email. I almost had a 30day late payment after autopay failed and 3 more attempts to pay failed because I had no idea the payments were failing. Also the pay failures were because I updated the routing number for my SoFi bank on my SoFi loan’s autopay, which apparently does not change the same SoFi bank information on the same SoFi student loan. I’ll say that again because it’s absurdly confusing. The autopay bank info and the bank info for the same bank are remembered in two separate locations in the student loan, you have to update it twice. And if you have paperless communication on then they refuse to tell you if payments fail and this app does not communicate digitally. Essentially, they might ruin your credit because of bad communication..Not-MozartVersion: 2.117

✗ Cool concept but they won’t verify my accountThis is partially a complaint about the business, but the business and the app seem to be two in one. I like the idea but the app is a little bit laggy and it WILL NOT verify my account. I keep getting emails saying they couldn’t verify it and so I was going to try re-entering my name and info in case something was wrong (and/or they needed a middle name or initial) and it turns out I can’t even change the info I entered in whole unless I call the company. The problem with THAT is that there were practically a hundred people in line ahead of me on the phone and the whole reason I got the app was because I wanted a quick solution, and I don’t have all day. I am sure this app is great when it works, but there is no reason they should be able to verify my personal info and let me use the app. Or at the very least, tell me if you want a middle name or something so I can include that the first time rather than spending an hour trying to fix my account. Also, I was offered ten dollars in free stocks when I got the app, but after re-attempting to make an account, it changed my promo award to five dollars, which is a small detail but it’s annoying nonetheless. As of now, I’m still waiting for my account to be verified, or to find a way to fix my account. They don’t even have a support email, only chat or phone, which is difficult if you don’t have two hours to wait in line..I lke angry birds!Version: 2.40

Is SoFi - Banking and Investing legit?

✅ Yes. SoFi - Banking and Investing is 100% legit to us. This conclusion was arrived at by running over 343,203 SoFi - Banking and Investing user reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, AppSupports Legitimacy Score for SoFi - Banking and Investing is 94.4/100.

Is SoFi - Banking and Investing safe?

✅ Yes. SoFi - Banking and Investing is quiet safe to use. This is based on our NLP analysis of over 343,203 user reviews sourced from the IOS appstore and the appstore cumulative rating of 4.7/5. AppSupports Safety Score for SoFi - Banking and Investing is 94.9/100.

Should I download SoFi - Banking and Investing?

✅ There have been no security reports that makes SoFi - Banking and Investing a dangerous app to use on your smartphone right now.