SoFi - Banking and Investing App SupportSocial Finance, Inc

SoFi - Banking And Investing App Support

4.7
4.77242 star

Total 343,203 Ratings

What is SoFi - Banking and Investing? Description of SoFi - Banking and Investing

Earn up to 4.60% on checking and savings accounts with SoFi.*

Get up to $1000 in stock when you fund an active Invest account.†

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WHY DO OVER 7.5 MILLION MEMBERS LOVE SOFI?
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• Earn more, save more, and make the most of your money with SoFi Plus
• Track your money like a champion with SoFi Insights (formerly SoFi Relay)
• Get paid up to 2 days early when you set up direct deposit**
• Experience zero account fees and no fee overdraft coverage with SoFi Checking and Savings***
• Save automatically, set savings goals, and organize your money with SoFi Vaults and Roundups

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MORE WAYS TO INVEST ALL IN ONE PLACE
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• Active investing in stocks, ETFs, and more - without commission
• Experience user-friendly options trading with no contract fees
• You can invest in your favorite company with as little as $5 with SoFi Fractional Shares (restrictions apply)
• Plan for retirement with SoFi’s IRAs and other investment products
• Invest in upcoming IPOs before they hit the public market (if eligible)****

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SOFI INSIGHTS HELPS YOU GET YOUR FINANCES IN ORDER
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• Connect all your accounts on one mobile dashboard
• Monitor your credit score at no cost
• Track your spending and manage your budget
• Talk 1-on-1 with a financial planner to set personalized goals
• SoFi can alert you of upcoming bills so you never miss a payment

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SIGN UP FOR A CREDIT CARD THAT BRINGS YOU MORE
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• Check your balance and pay your bills all within the SoFi app
• SoFi keeps your personal information guarded against fraud
• Make international purchases without any extra fees
• Receive up to $1000 of complimentary cell phone insurance coverage^
• Earn unlimited 2% cash back rewards^^

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

Website: https://www.sofi.com/

Social:
https://www.facebook.com/SoFi
https://www.linkedin.com/company/sofi/
https://twitter.com/SoFi
https://www.instagram.com/sofi/

*SoFi members with direct deposit can earn up to 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum direct deposit amount required to qualify for the 4.60% APY for savings. Members without direct deposit will earn up to 1.20% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

†Customer must fund their Active Invest account with at least $10 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

**Early access to direct deposit funds is based on the timing in which we receive notice of impending payment, which is typically up to two days before the scheduled payment date.

***Overdraft Coverage is limited to $50 on debit card purchases only and is available to customers with monthly direct deposits of $1,000 or more. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.

****Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement.

^This World Elite Mastercard® Benefit comes with $1,000 in yearly coverage ($800 max per claim, 2 claims per year) should your cell phone get stolen or need certain repairs. Simply pay for your cell phone bill with your World Elite Mastercard to activate coverage. See ‘Peace of Mind’ section in your guide to benefits https://www.mastercard.us/en-us/personal/find-a-card/world-elite-mastercard-credit.html for details or call 1-800-MASTERCARD.

^^See Rewards Details at sofi.com/card/rewards


  1. SoFi - Banking and Investing App User Reviews
  2. SoFi - Banking and Investing Pros
  3. SoFi - Banking and Investing Cons
  4. Is SoFi - Banking and Investing legit?
  5. Should I download SoFi - Banking and Investing?
  6. SoFi - Banking and Investing Screenshots
  7. Product details of SoFi - Banking and Investing

SoFi - Banking and Investing App User Reviews

What do you think about SoFi - Banking and Investing app? Ask the appsupports.co community a question about SoFi - Banking and Investing!

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SoFi - Banking and Investing Pros

I love SOFI, here is what is wrong with itI came to SOFI for the benefit of having all my finances within one easy-access online bank. I also have an investment account through E*Trade, their investment platform is far more beneficial for investors. Some examples include if SOFI were to create watchlist groupings, Stock and Index comparison tools, and more detailed portfolio dashboards. I should be able to see my portfolio in a similar manner to what the big boy investment companies use; give me the advanced financials to do research. (Or at least what the analysts are telling me 🤓) While I find the Invest platform useful and convenient with great features like the ease of banking to investing cash flow and the automated investing which creates your own hands off investment account through recurring deposit. I will be moving all of my investing funds off of SOFI until they improve their user experience. I will still maintain other SOFI features that I use but would love to one day bring it all home to an improved system..SnjwsnjxksjendVersion: 2.191

Growing pains but well worth itSo, I am shifting all of my money away from my big name bank (after all, it seems a little archaic to be banking with a company that uses a horse-drawn carriage as their mascot). First, I will say that SoFi is not perfect. I have had to call their support several times through the setup process due to nuances in their systems, getting a joint account holder approved, ect. However, in my experience, the customer service is phenomenal. Thus, any of the issues that I have experienced has been taken care of swiftly and without compromise. Additionally, the benefit of having my banking (SoFi money), investing (SoFi Investing), and loan options all in one place is very useful. I am a medical student, so I hope to refinance my loans through SoFi once I go to residency. To summarize, SoFi is not perfect. It seems they are experiencing some growing pains. However, they have adequate staffing to face these growing pains. I will also say that they walk laps around the other banking companies out there (even some of the other “new” startups). Also, the app is clean cut and simple to use. I greatly appreciate SoFi!.MossonarockVersion: 1.7.7

✓   SoFi - Banking and Investing Positive Reviews

SoFi - Banking and Investing Cons

But beware of unwarranted inconvenient frozen fundsUnfortunately, I don’t like to give out bad reviews, but this one takes the cake I had just received my disbursement from my college and using SoFi as my main banking system, I was abruptly Bankrupt by Sofi with a frozen account taking every last dollar that I had and giving me only 20 minutes to upload a photo of my identification while I was on transit which made it nearly impossible. In fact, I was able to get the things that I need to get that night because they made sure that there was no way that I could use my money in SoFi. I think this is a great app to use. Your face is very easy to use and it does allow you to invest in companies and have a social social platform.I was really happy with this app in company until this unfortunate series of events occurred, whichWhich I notified the representative initially, who showed no concern of my situation, and put the timer with the link to upload my Identification.I am all for security,But securing somebody out of their own funds, just doesn’t sit well with me. The situation gave me an immense amount of anxiety, and I hope that this review will help change some of their guidelines and procedures to make sure that things are secure, but also making sure that someone like myself does not get put in a vulnerable situation when the ‘frozen account status’ occurs by changing some simple personal information on the application.Majesty Marquis -.-Version: 2.186.2

Tired of getting screwed, any banks out there still honest?Switched to SOFI because I was getting screwed from other banking institutions. Now I feel like they don’t even use lube. From the start I have had money get taken out because of “fees” from same accounts using same funding source. Called immediately and was apologized to by someone and fees were reversed. I think they do that just to placate because not even hour after call the fees were charged again not once but twice. Call back and it’s same circus go round, we’re sorry let me take that off for you. Only to get recharged. What, no you’ll have to call our investor service department that’s a different service. Back and forth, all to scam as much money out of people as possible and to keep that money coming in daily. Here’s another, yes sir I see the 2 deposits on the same day from the same funding account but only 1 funds available. We have to hold the other for up to 7 days or something. How is that right? Both deposits are gone from other bank. I can’t get that money back. But I can only access the 1? So if anyone knows any other banking institution that is better, post it. Use it instead, it’s not worth the switch. Really, they’ll get it out of you $$$.ORG_SuBS2013Version: 2.173

✗   SoFi - Banking and Investing Negative Reviews


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.


SoFi - Banking and Investing Screenshots

  • sofi - banking and investing iphone screenshot 1
  • sofi - banking and investing iphone screenshot 2
  • sofi - banking and investing iphone screenshot 3
  • sofi - banking and investing iphone screenshot 4

Product details of SoFi - Banking and Investing

App Name:
SoFi - Banking and Investing
App Version:
2.197.1
Developer:
Social Finance, Inc
Legitimacy Score:
94.4/100
Safety Score:
94.9/100
Content Rating:
4+ Contains no objectionable material!
Category:
Finance, Business
Language:
EN FR ES   
App Size:
435.02 MB
Price:
Free
Bundle Id:
com.sofi.mobile
Relase Date:
10 April 2017, Monday
Last Update:
08 April 2024, Monday - 23:37
Compatibility:
IOS 14.0 or later

SoFi - Banking and Investing 2.197.1 Update Note
✱ Version History

• Earn more, save more, and make the most of your money with SoFi Plus • Track your money like a champion with SoFi Insights (formerly SoFi Relay) • Get paid up to 2 days early when you set up direct deposit** • Experience zero account fees and no fe....

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