{"id":4968,"date":"2022-07-26T00:44:18","date_gmt":"2022-07-26T04:44:18","guid":{"rendered":"https:\/\/www.bonuscoach.com\/?p=4968"},"modified":"2022-12-16T10:05:02","modified_gmt":"2022-12-16T15:05:02","slug":"sofi-offers-highest-apy","status":"publish","type":"post","link":"https:\/\/www.bonuscoach.com\/banking\/sofi-offers-highest-apy\/","title":{"rendered":"SoFi now offers 3.5% APY"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4968\" class=\"elementor elementor-4968\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b025164 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b025164\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b88ae5c\" data-id=\"b88ae5c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-983689b elementor-widget elementor-widget-text-editor\" data-id=\"983689b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><strong>Update on 12\/16\/2022 &#8211;&nbsp;<\/strong><span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">SoFi has now increased its APY on Savings account and Vault balances to 3.5% starting 12\/16\/2022. Checking account with direct deposits will still earn 2.5% APY.<\/span><\/p><p><strong>Update on 11\/30\/2022 &#8211;&nbsp;<\/strong><span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">SoFi has now increased its APY on Savings account and Vault balances to 3.25% starting 12\/01\/2022. Checking account with direct deposits will still earn 2.5% APY.<\/span><\/p>\n<p><strong style=\"font-style: inherit; background-color: var(--ast-global-color-5); color: var(--ast-global-color-3);\">Update &#8211; 31\/10\/2022 &#8211; <\/strong><span style=\"font-style: inherit; font-weight: inherit; background-color: var(--ast-global-color-5); color: var(--ast-global-color-3);\">SoFi has now increased its APY on Savings account and Vault balances to 3% starting 11\/08\/2022. Checking account with direct deposits will still earn 2.5% APY.<\/span><\/p>\n<p><strong>Update 09\/30\/2022:&nbsp;<\/strong><span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\">SoFi has now increased its APY to 2.5%, one of the highest in the industry.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: bold;\">Update 08\/12\/2022<\/span>: SoFi has now increased its APY to 2%<span style=\"background-color: var(--ast-global-color-5); color: var(--ast-global-color-3); font-size: 1rem;\"><br><\/span><\/p>\n<p><\/p>\n<p>SoFi just announced that it is increasing its APY from current 1.5% to 1.8% for its direct deposit members. It sent out an email to its members saying:<\/p>\n<p>&#8220;<strong>We increased the annual percentage yield (APY) for members with direct deposit from 1.50% to 1.80%<\/strong>.<\/p>\n<p>We raised the rate on SoFi Checking and Savings so you can earn even more toward your goals.&#8221;<\/p>\n<p>This is an welcome change, with the current high inflation. SoFi&#8217;s APY of 1.8% is 60x the national average rate for a checking account! Members without direct deposit will earn 1.00% APY, which is 33x the national average. Fed is expected to increase the rate by up to 100 basis points this week and SoFi had proactively increased its rate. With this increase, SoFi has the highest APY offerings of any checking account (without complicated requirements). It is also better than many savings accounts and certificate of deposits. SoFi had also recently removed the maximum amount eligible for higher APY.&nbsp;<\/p>\n<p>SoFi is also offering $300 bonus for new members for opening a checking or savings accounts and setting up direct deposit. <a href=\"https:\/\/www.bonuscoach.com\/banking\/sofi-checking-account-bonus\/\" target=\"_blank\" rel=\"noopener\">Learn More<\/a><\/p>\n<p>SoFi is also offering $200 bonus for its credit card in addition to 3% for the first year. <a href=\"https:\/\/www.bonuscoach.com\/credit-cards\/sofi-credit-card-cash-back-offer\/\" target=\"_blank\" rel=\"noopener\">Learn More<\/a><\/p>\n<p>Learn more about <a href=\"https:\/\/www.bonuscoach.com\/banking\/sofi-launches-sofi-plus\/\" target=\"_blank\" rel=\"noopener\">SoFi Plus<\/a>.&nbsp;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SoFi just announced that it is increasing its APY from current 3.25% to 3.5% for its Savings Account and Vault Balances. Checking account with direct deposit will still earn 2.5% APY.<\/p>\n","protected":false},"author":1,"featured_media":5812,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[189],"tags":[400,402,296],"uagb_featured_image_src":{"full":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY.png",640,432,false],"thumbnail":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY-150x150.png",150,150,true],"medium":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY-300x203.png",300,203,true],"medium_large":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY.png",640,432,false],"large":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY.png",640,432,false],"1536x1536":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY.png",640,432,false],"2048x2048":["https:\/\/www.bonuscoach.com\/wp-content\/uploads\/SoFi_APY.png",640,432,false]},"uagb_author_info":{"display_name":"BonusCoach","author_link":"https:\/\/www.bonuscoach.com\/author\/anilbikramshah\/"},"uagb_comment_info":1,"uagb_excerpt":"SoFi just announced that it is increasing its APY from current 3.25% to 3.5% for its Savings Account and Vault Balances. Checking account with direct deposit will still earn 2.5% APY.","_links":{"self":[{"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/posts\/4968"}],"collection":[{"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/comments?post=4968"}],"version-history":[{"count":5,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/posts\/4968\/revisions"}],"predecessor-version":[{"id":5829,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/posts\/4968\/revisions\/5829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/media\/5812"}],"wp:attachment":[{"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/media?parent=4968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/categories?post=4968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bonuscoach.com\/wp-json\/wp\/v2\/tags?post=4968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}