Question 1

Is SoFi A Real Bank?

Accepted Answer

Yes, SoFi is a legitimate online-only bank that provides a range of financial services, including banking, investing, loans, and more.

Question 2

How Do I Open A SoFi Checking And Savings Account?

Accepted Answer

Opening a SoFi Checking and Savings account is a straightforward process. Simply visit the SoFi website or download the app, create an account, and follow the prompts to open your account.

Question 3

How Much Does It Cost to Open A Checking And Savings Account On SoFi?

Accepted Answer

Opening a SoFi Checking and Savings account is free of charge. There are no costs associated with account setup or maintenance.

Question 4

What Happened to SoFi Money?

Accepted Answer

SoFi Money is now rebranded as SoFi Bank. In February 2022, SoFi officially became a bank and introduced the SoFi Checking and Savings account to offer even more financial benefits to its members.