Summary
SoFi Money provides online checking and high-yield savings accounts with no monthly fees. Users can get early direct deposit, access a debit card, and benefit from features like round-up savings and cash back rewards. The platform also emphasizes security and ATM access.
Features7/12
See allMust Have
2 of 5
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Instant P2P Transfers
Commission-Free Stock Trading
Bitcoin Trading
Other
5 of 7
Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Instant Discounts & Offers
ATM Access & Fee Reimbursement
Pay Over Time (Afterpay)
Customizable Card Designs
Rationale
SoFi Money offers a checking and savings account with a debit card, early direct deposit, and high-yield savings. It also includes features like fraud monitoring, round-up savings, and cash back offers. While it provides banking services, it does not explicitly offer commission-free stock or bitcoin trading, nor does it focus on instant P2P transfers as a core feature in the same way Cash App does.
