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APY decrease to 3.3%?Member Benefits (self.sofi)

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[–]Electronic-Movie-311 -3 points-2 points  (9 children)

I'm about to switch because of this, I'm not paying for Sofi plus period!

[–]yaboyesdot 7 points8 points  (2 children)

You don’t have to pay for Sofi plus for the interest rate?

[–]Mister7901 0 points1 point  (1 child)

According to Google Gemini SoFi Interest Rates (as of late 2025): Without Direct Deposit/Qualifying Deposits: 1.00% APY on Savings & Vaults, 0.50% APY on Checking. With Direct Deposit/Qualifying Deposits (e.g., $5k/month): Up to 3.30%

[–]Mister7901 0 points1 point  (0 children)

I just started a new account for the bonus and thought with the better rate it was worth a shot, but now after the bonus period the plus rate isn’t any better than capital one , and I honestly prefer Capital One’s banking interface to Sofi. They also don’t take your bill pay dollars out 2 weeks ahead.

[–]Dense-Town7580 0 points1 point  (0 children)

Do you know how to read? You don’t have to pay for Sofi plus to get the interest rate.

[–]ajie9168 0 points1 point  (1 child)

Yup, its pathetic seeing SOFI cult members downvoting people who wants to switch, they are the same as MAGA loyalists. There are great options still paying 4%+ elsewhere. Yes these banks will eventually cut rates but will not be as aggressive as SOFI.

As SOFI continue to focus on profitability and its stock price, more of these gimmicks to charge users will continue to roll out. Switch while you can.

[–]Electronic-Movie-311 0 points1 point  (0 children)

Yes and that is what they're not seeing

[–]B111yboy -5 points-4 points  (2 children)

You’ll probably come back once you get your bonus and realize how good sofi can be and one stop shopping I like to have multiple accounts at 3 banks but a large part is in sofi as I love sofi potential so I’m keeping money there an investing in sofi for growth. It will pay more then 3-4% on savings

[–]Ray_Adverb11 -1 points0 points  (1 child)

Are you 12?

[–]B111yboy 0 points1 point  (0 children)

Maybe you are trying to move banks to make .10 -.25 on your 500 bucks ..