Why did SoFi stop trading crypto?

SoFi achieved its bank charter in January 2022. However, the approval came with a condition regarding its crypto trading feature: either achieve the necessary regulatory approvals to support crypto as a bank or exit the digital sector. SoFi gave its customers until the end of the year to liquidate their crypto holdings or transfer them to Blockchain.com . [3] It has since reintroduced its crypto trading feature.

Does SoFi work with Coinbase?

SoFi previously worked with Coinbase until 2023, when it suspended its crypto offerings. However, in March 2025, the Office of the Comptroller of the Currency (OCC) published an Interpretive Letter stating that banks may offer crypto-asset transactions. [4] SoFi can now offer crypto directly to its customers, without the need to partner with an exchange like Coinbase. Sources

SoFi Crypto Review: Features, Fees & Supported Coins

Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Our verdict

Bank, borrow and invest alongside buying crypto, but limited order types rule out advanced traders.

SoFi Crypto is built for people who want to handle their money in one place without juggling multiple apps or accounts. Its biggest strength is convenience: banking, lending, investing and crypto all sit within the same platform, with instant funding and a simple interface that lowers the barrier for first-time traders. The platform also benefits from SoFi’s status as a chartered bank, whereas most crypto exchanges are just fintechs. That said, it’s best suited for beginners. SoFi Crypto offers fewer coins and order types than most crypto platforms, which might leave more advanced users unsatisfied.

Pros

Bank, borrow and invest all in one app
Safeguards of a chartered bank
Strong app reviews
Live phone and chat support

Cons

Limited order types
Limited number of cryptocurrencies
No self-custody wallet

Details

Product details

Name	SoFi Crypto
Deposit methods	External bank transfer (ACH), Inbound wire transfer, ATM deposit
Supported Cryptocurrencies	BTC, ETH, SOL, XRP, USDC, DOGE, ADA, LINK, AVAX, SUI & 20 more
Trading fee	Buy: 1% Sell: 1%
Withdrawal Fees	1% sell fee but no withdrawal fees. Funds from selling your crypto holdings are sent to your SoFi Checking or Savings account. Withdrawal fees from your SoFi bank account are as follows: -Outbound wire transfers: $30
Fiat Currencies	USD

SoFi Crypto is best for beginners wanting a unified financial platform

If you’re anything like me, you’re probably tired of using eight or more apps to manage the various financial aspects of your life. An app for crypto, for investing, for your savings account. Enough already.

That’s where SoFi® comes in. It offers banking, investing, lending and crypto all in one place. Those new to crypto trading will especially enjoy the user-friendly interface and lack of extra steps to buy, hold and sell popular coins. While most exchanges require you to transfer your funds from your bank to buy crypto, SoFi already is your bank. Just set up one account, and you’re good to start trading.

SoFi’s plans

SoFi offers one advanced plan for its users: SoFi Plus. It costs $10 per month and does not require any minimum direct deposits to its bank accounts. While SoFi Plus doesn’t currently offer any boosts for crypto specifically, it does provide plenty of other benefits.

1% match on your IRA contributions, plus an extra 1% cash match on all your recurring SoFi Invest® deposits.
3.30% APY on SoFi Savings, instead of 1.00% APY
10% boost on cashback rewards earned through select SoFi Credit Cards
5% cashback rewards on all bookings (excluding air) on SoFi Travel
Exclusive access to live entertainment and sporting events
One-on-one financial planning from SoFi Wealth

Note that SoFi Plus’s premium benefits are subject to change. New benefits may cycle in while others are discontinued.

What we like about SoFi Crypto

A handful of standout benefits make SoFi Crypto worth considering.

Nationwide availability. SoFi Crypto is available in all 50 states and Washington, DC, thanks to its status as a chartered bank.
24/7 phone and live chat. These days, being able to talk to a person about the issues you’re having rather than screaming, “English,” to an automated phone bot earns a gold star. And SoFi offers several methods for troubleshooting issues: phone, live chat, email and educational resources — any day, any time.
A range of financial products. With SoFi, you can do a lot more than just own crypto. Spend, save, invest, plus you can get credit cards, loans and financial insights all in one place.
Bank-level safeguards. As the first chartered bank to offer crypto, SoFi must meet higher regulatory, security and compliance requirements.
User-friendly interface. SoFi offers a sleek, intuitive app. One user even commented that they initially downloaded SoFi just to check their refinance rates, and ended up using the app for so much more because of its functionality.

Where SoFi Crypto falls short

While SoFi delivers an impressive all-around financial experience, its crypto offerings do have a few drawbacks to consider.

Limited number of cryptocurrencies. SoFi Crypto offers many popular coins, but tops out its offerings at 25+ cryptocurrencies. Exchanges like Crypto.com and OKX offer hundreds of tokens for trade.
Limited order types. While you can buy, sell and hold crypto with SoFi, your options pretty much end there. Some traders might miss other order types like limit and stop loss orders offered by exchanges like eToro.
No self-custody wallet. A self-custody wallet means you own your crypto, even if the platform you used to purchase it fails. Those wanting to feel a bit more secure about their purchase may prefer the self-custody wallets that exchanges like Coinbase and Kraken provide.

Is SoFi Crypto legit?

Yes, SoFi is a legitimate banking platform that offers crypto trading. In 2011, SoFi first launched as Social Finance and primarily focused on student loan refinancing. It has since expanded to offer several other financial products and became a chartered bank in 2022.^[1] As of 2025, it serves over 12.5 million customers.

However, SoFi isn’t without its missteps. In 2024, the Financial Industry Regulatory Authority (FINRA) fined SoFi $1.1 million after weaknesses in its cash-management identity checks allowed scammers to steal roughly $2.5 million. FINRA’s filing stated that SoFi did not put in place a proper customer identification program (CIP) or a written identity-theft prevention plan (ITPP) for its SoFi Money® business.^[2]

Since then, SoFi has rectified the issue. It upgraded its fraud-detection systems and revised its identity-verification procedures.

How to sign up for SoFi Crypto

To purchase crypto through SoFi, you must first open a SoFi bank account. You can purchase crypto using funds in either your Checking or Savings account— it’s your choice.

As of December 2025, SoFi Crypto is still in the rollout phase and is only available for select users. You can sign up for a waitlist to see if you are approved.

Once you get an invite from SoFi to sign up (we received a push notification through the app), you can expect the following steps:

Tap the push notification and log in to your account.
Provide the requested information, including your personal details, how you plan to use the account and how much you expect to transfer.
Receive a message regarding your approval.

You can then buy, sell or hold crypto in your SoFi app. If you use the funds from your SoFi Checking or Savings account to purchase your crypto, your purchase should go through instantly.

Since you’ll already need a SoFi bank account to sign up, the app doesn’t require a ton of information to begin crypto trading. It already has most of what it needs.

Screenshots of SoFi Crypto app

Customer experience

Reviews on SoFi are a tad mixed, but mostly lean positive. It’s not accredited by the Better Business Bureau (BBB) and receives a 1.29 out of 5 stars from customer reviews. However, the BBB awards it an A+ for how it handles complaints.

On Trustpilot, it scores 4.2 out of 5 stars, which is surprisingly high for a bank. SoFi does even better on iOS app reviews, where it scores a 4.8 out of 5 stars, and on Android, it receives a 4.1 out of 5.

However, these reviews focus on SoFi as a whole, and since its crypto trading is a fairly new feature, there isn’t much feedback about it yet. Positive reviews highlight the user-friendly interface and the convenience of so many financial features in one app. Many of the complaints are about loans and not being approved despite a decent credit score.

BBB accredited	No
BBB rating	A+
BBB customer reviews	1.29 out of 5 stars, based on 369 customer reviews
Trustpilot score	4.2 out of 5 stars, based on 10,321 customer reviews
App Store Score	4.8 out of 5 stars, based on 382,000 customer reviews
Google Play Score	4.1 out of 5 stars, based on 40,200 customer reviews
Customer reviews verified as of	11 December 2025

Compare SoFi Crypto to other platforms

Compare similar platforms by available asset types, trade fees and minimum deposit requirements. Select Go to site to sign up for an account.

10 of 17 results

Finder Score	Fiat currencies	Cryptocurrencies	Deposit methods	Disclaimer
8.4Great Paybis Cryptocurrency Exchange	8.4Great	42	55	Bank transfer, Credit card, Debit card, Neteller, Fedwire, ACH online banking	US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.	Go to site Capital at risk More info Compare product selectionCompare	loading
8.2Great Uphold - Digital Asset Platform	8.2Great	27	253	Bank transfer (ACH), Bank transfer, Credit card, Debit card, Wire, Apple Pay, Google Pay	Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU	Go to site Capital at risk More info Compare product selectionCompare	loading
9Excellent Robinhood Crypto	9Excellent	1	31	Bank transfer (ACH), Debit card, Instant transfer, Direct Bank Deposit	Go to site Capital at risk More info Compare product selectionCompare	loading
9.4Excellent OKX Cryptocurrency Exchange	9.4Excellent	1	181	Bank transfer (ACH), Debit card, Wire transfer, Apple Pay, Google Pay, Plaid	Get up to $400 in BTC. 1. Trade $200, get $100 in BTC 2. Deposit $10,000, get an additional $300 in BTC. T&Cs apply.	Go to site Capital at risk More info Compare product selectionCompare	loading
7.8Great SoFi Crypto	7.8Great	1	25	External bank transfer (ACH), Inbound wire transfer, ATM deposit	CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE SoFi Crypto products and services are offered by SoFi Bank, N.A., a national bank regulated by the Office of the Comptroller of the Currency.	Go to site Capital at risk More info Compare product selectionCompare	loading
8.2Great eToro USA LLC Cryptocurrency Trading Finder Award	8.2Great	26	105	Bank transfer, Debit card, PayPal, Wire transfer	Crypto Trading is offered via eToro USA LLC (NMLS ID: 1769299). This entity is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Investments are subject to market risk, including the possible loss of principal.	Go to site Capital at risk More info Compare product selectionCompare	loading
9Excellent Kraken Cryptocurrency Exchange Finder Award	9Excellent	7	466	Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, SEPA, Instant SEPA, Apple Pay, Google Pay, SWIFT, ACH online banking	Not available in Japan	Go to site Capital at risk More info Compare product selectionCompare	loading
7Great Figure Markets - Borrow and Earn Platform	7Great	1	7	Bank transfer (ACH), Wire transfer	Go to site Capital at risk More info Compare product selectionCompare	loading
9.8Excellent Crypto.com App	9.8Excellent	31	442	Bank transfer, Credit card, Debit card, PayPal, Wire transfer, Fedwire, Apple Pay, Google Pay, SWIFT	Go to site Capital at risk More info Compare product selectionCompare	loading
Not scored yet Fold	Not scored yet	1	1	Bank transfer (ACH)	†Offer valid only to new Fold users who sign up through the website, with referral code FINDER. BitGo and Fortress Trust provide Bitcoin services. See BitGo Terms of Use here, and Fortress Terms of Use here.	Go to site Capital at risk More info Compare product selectionCompare	loading

Showing 10 of 17 results

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not receiveda cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.

SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults)and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% 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 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet

We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.

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

Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.

Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.

New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not receiveda cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.

SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults)and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% 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 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.

Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet

We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.

SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.

We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.

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

Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.

Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.

SoFi Checking and Savings and SoFi Credit Cards are products offered by SoFi Bank, N.A. Member FDIC. Loans originated by SoFi Bank, N.A., NMLS #696891 (www.nmlsconsumeraccess.org). Equal Housing Lender.

Brokerage products offered through SoFi Securities LLC, member FINRA/SIPC. Advisory services are offered through SoFi Wealth LLC, an SEC-registered investment adviser.

SoFi Plus is a premium membership that gives members access to our best rewards, benefits, and more when they pay the SoFi Plus Subscription Fee. Between 12/9/25–3/30/26, members with Eligible Direct Deposit or Qualifying Deposits will receive complimentary access to SoFi Plus. Benefits are subject to change and may not be available to everyone. All terms and conditions page.

Information as of October/2025 and is subject to change. Screen Images simulated

$1,000 Value of SoFi Plus membership: The value of a SoFi Plus membership varies depending on benefits used, and there is no guarantee you will reach any specific value. $1,000+ estimated value is based on the average activity of existing SoFi Plus members for the following benefits over a 12-month period: an average of $17,000 deposited in a high-yield savings account with a 3.8% APY at the start of the 12-month period, $22,000 average annual spend on the SoFi Unlimited 2% Credit Card (with a 10% boost on cashback rewards), and one additional 30-minute session (beyond the basic member benefit) with a certified financial planner, with an assumed value of $250. Other benefits may be available. SoFi Credit Card cashback rewards are earned in the form of rewards points, and rewards points redeem at a rate of 1 cent per point. SoFi Plus members must be approved for a SoFi Credit Card in order to receive the corresponding benefit. Savings and spend assumptions are based on average activity from existing SoFi Plus members between the period of 4/1/2024 – 4/30/2025.

Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information be found at h ttps://www.sofi.com/legal/banking-rate-sheet SoFi Plus is a premium membership that gives members access to our best rewards, benefits, and more when they pay the SoFi Plus Subscription Fee. Between 12/9/25–3/30/26, members with Eligible Direct Deposit or Qualifying Deposits will receive complimentary access to SoFi Plus. Benefits are subject to change and may not be available to everyone. All terms and conditions applicable to the use of SoFi Plus apply. To learn more about SoFi Plus and available benefits and terms, please see the SoFi Plus page.

SoFi Plus members can schedule an unlimited number of appointments with a financial planner. For complete SoFi Plus eligibility, please see the SoFi Plus terms.

SoFi members who do not meet the SoFi Plus eligibility criteria can schedule one (1) thirty-minute appointment with a financial planner.

Members can only schedule an unlimited number of appointments with a financial planner during periods in which the member meets the SoFi Plus eligibility criteria. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.

SoFi Plus members or guests of SoFi Plus members are eligible to attend SoFi Member In-Person Experiences (a "Member Experience"). For complete SoFi Plus eligibility, please see the SoFi Plus terms.

By signing up for a Member Experience, you acknowledge that SoFi may record or photograph the Member Experience (including you, your likeness and voice) and may use such recordings or photographs publicly or privately in any form of media, including for commercial purposes. By attending a Member Experience, you consent to the recording and photographing of such Member Experience and grant SoFi an unrestricted, perpetual, non-excluding, and sublicensable license, to take, use, display, perform, distribute or exploit for any lawful and commercial purpose any recordings or photographs. By attending a Member Experience, you also agree that you will make no monetary or other claim against SoFi for the use of the recordings or photographs. If you do not agree, please do not claim a ticket and do not attend the event. We believe our community should be truly open for everyone. As such, we are committing to providing a friendly, safe, and welcoming environment for all regardless of gender, sexual orientation, disability, race, ethnicity, national origin, age, or religion. View the SoFi Experiences Code of Conduct.

SoFi Plus members are eligible for a 10% boost on cash back rewards rates for all eligible purchases made with a SoFi Credit Card (the "Promotion"). For complete SoFi Plus eligibility, please see the SoFi Plus terms.

A 10% boost means that a 10% multiplier shall be applied to existing cash back rewards rates (e.g., a purchase previously earning 100 rewards points would now earn 110 with the promotion). For purposes of calculating the 10% boost on cash back rewards points, each transaction shall be rounded to the nearest dollar, and fractional points shall be rounded to the nearest whole point. The 10% boost shall not apply to (i) transactions that are not eligible for cash back rewards points, including: fees or interest charges, balance transfers or cash advances, purchase of traveler’s checks or other cash equivalents, purchase or reloading of prepaid cards, or other quasi-cash transactions; or (ii) courtesy rewards points that are manually awarded. SoFi shall, in its sole discretion, determine whether a transaction is eligible to earn the 10% boost under this Promotion.

Members must enroll in SoFi Member Rewards to redeem rewards points, but not to be eligible for the Promotion. Rewards points are subject to the SoFi Member Rewards terms. All new and existing SoFi Credit Card members who meet the SoFi Plus eligibility criteria during the Promotion Period are eligible for this Promotion. Offer limited to one per SoFi Checking and Savings account. A SoFi Credit Card account will only benefit from the 10% boost under this Promotion if the primary SoFi Credit Card account holder is a SoFi Plus member. SoFi reserves the right to exclude any member from participating in this Promotion for any reason, including suspected fraud, misuse, or if suspicious activities are observed. Promotion Period: The Promotion will begin on 4/1/24 at 1:00 PM ET. SoFi reserves the right to terminate or make changes to this Promotion at any time.

$10 subscription fee: Subscribers are billed every 30 calendar days based on the initial date of subscription.

The SoFi Smart Card is a charge card issued by SoFi Bank, N.A., Member FDIC, that is secured by your SoFi Checking & Savings account. The Smart Card is exclusively available to members who pay for SoFi Plus membership and is subject to application and approval. See terms and conditions at https://www.sofi.com/sofi-plus/smart-card Earn 5% cash back rewards on eligible grocery store purchases with the SoFi Smart Card. Cash back rewards are issued in the form of SoFi Member Rewards points. Members earn 5 points for every dollar spent on eligible grocery store purchases. SoFi, in its sole discretion, determines grocery store eligibility. Superstores like Walmart and Target, warehouse clubs like Costco and Sam’s Club, convenience stores, grocery delivery services, and meal-kit delivery services are not considered grocery stores. This benefit is subject to continued paid SoFi Plus subscription. All terms and conditions SoFi Member Rewards, please see the SoFi Member Rewards applicable to the use of SoFi Member Rewards apply. To learn more about page. No rewards points will be earned with respect to reversed transactions, returned purchases, cash advances, or other similar transactions.

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Active SoFi Plus members are eligible for a 2% match offer on qualifying recurring IRA contributions, up to their Internal Revenue Service (IRS) contribution limit, into their eligible new or existing SoFI IRA account. The match requires the funds and match to be maintained in the account that received the match for five (5) years from the settlement date. Matches are paid in cash within five (5) business days. For complete eligibility and terms, please see the SoFi Plus terms and SoFi 1% Rollover and IRA Deposit Match terms. SoFi Invest encompasses services provided by SoFi Wealth LLC (Automated Investing/advisory) and SoFi Securities LLC (Active Investing/brokerage), Member FINRA/SIPC.

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.

Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products oﬀered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org).

There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.

Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options

Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information

SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.

Offer valid from 12/15/25 through 1/2/26. Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $15. Probability of member receiving $3,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $3,000 are subject to decrease. See full terms and conditions.

Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions.

Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Frequently asked questions

SoFi achieved its bank charter in January 2022. However, the approval came with a condition regarding its crypto trading feature: either achieve the necessary regulatory approvals to support crypto as a bank or exit the digital sector. SoFi gave its customers until the end of the year to liquidate their crypto holdings or transfer them to Blockchain.com.^[3] It has since reintroduced its crypto trading feature.
SoFi previously worked with Coinbase until 2023, when it suspended its crypto offerings. However, in March 2025, the Office of the Comptroller of the Currency (OCC) published an Interpretive Letter stating that banks may offer crypto-asset transactions.^[4] SoFi can now offer crypto directly to its customers, without the need to partner with an exchange like Coinbase.
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Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.

CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Cryptocurrency and other digital assets are highly speculative, involve significant risk, and may result in the complete loss of value. Cryptocurrency and other digital assets are not deposits, are not insured by the FDIC or SIPC, are not bank guaranteed, and may lose value. All cryptocurrency transactions, once submitted to the blockchain, are final and irreversible. SoFi is not responsible for any failure or delay in processing a transaction resulting from factors beyond its reasonable control, including blockchain network congestion, protocol or network operations, or incorrect address information. Availability of specific digital assets, features, and services is subject to change and may be limited by applicable law and regulation. SoFi Crypto products and services are oﬀered by SoFi Bank, N.A., a national bank regulated by the Oﬃce of the Comptroller of the Currency. SoFi Bank does not provide investment, tax, or legal advice. Please refer to the SoFi Crypto account agreement for additional terms and conditions.

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Holly Jennings is the deputy crypto editor and updates writer at Finder, working with writers across all niches to deliver quality content to readers. She’s edited hundreds of financial articles ranging from credit cards to investments. With empathy at heart, she especially enjoys content that breaks down complex financial situations into easy-to-understand information. Prior to her role at Finder, she collaborated with dozens of small businesses to maximize the reach and impact of their blog posts, website copy and other content. In her spare time, she is an award-winning author for Penguin Random House, writing about virtual reality worlds, magical girls and lasers that go pew-pew. See full profile

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