We’re thrilled to share some exciting news: SoFi has been named on Forbes’ Best Workplaces for Women! A true testament to our commitment to fostering an inclusive, supportive, and empowering environment for all employees, this recognition is especially meaningful to me, not just as SoFi’s Chief People Officer – but on a personal level, too. This recognition, conducted annually by Forbes in partnership with market research firm Statista, celebrates the top 400 companies in the nation that excel in creating equitable environments for women in the workforce. This exciting acknowledgment is a test ..read more

To delete your connected external accounts 1. In “Manage accounts,” select “Delete” to remove accounts per institution. This can be found to the right of the institution’s name. 2. Confirm by selecting “Delete institution” to remove all accounts and associated data under the deleted institution from Relay. Note: If you only want to hide a single account, tap “Edit” instead. To discontinue credit score monitoring 1. From the “Credit Score” dashboard, select the information icon. 2. Select “Turn off credit score monitoring” at the bottom of the screen. 3. Confirm by selecting “Turn off credit sc ..read more

Less-Than-Half-Time loans are available to borrowers who have previously borrowed a private student loan from SoFi who are in their final semester, whether an undergraduate or graduate student. The post What loans are students who are enrolled Less-Than-Half-Time eligible for? appeared first on SoFi ..read more

Less-Than-Half-Time enrollment means that the student is enrolled and taking classes that their school designates as less than half time (often this means 1-5 credit hours). The post What does Less-Than-Half-Time enrollment mean? appeared first on SoFi ..read more

New Survey Data from Embold Research, Sponsored by SoFi, Shows Federal Student Loan Borrower Confusion and Misconceptions Around Resumed Payments Understanding the current state of federal student loan repayment In October 2023, federal student loan borrowers received their first bill in nearly three-and-a-half-years, following the end of the student loan moratorium. Throughout the payment pause, significant dialogue and updates to student loan-related policy took place, including various loan forgiveness initiatives, new income-driven repayment plans, and forbearance extensions. To gain a de ..read more

We’ve read your posts and comments, and we know that Zelle® is one of the most requested features on the SoFi app.  We’re excited to share that starting today, we’re beginning to roll out Zelle® with SoFi Checking & Savings members. To make sure we’re building a great money transfer experience, we will roll out this feature to members over the coming weeks–meaning some members will have access as early as today, while others will find it in their app within the weeks to come. We will be prioritizing members who have made at least one transfer with SoFi using the Zelle® standalone app ..read more

The SoFi Unlimited 2% Credit Card¹ already focuses on rewarding our members simply. The card, which charges zero annual fee†, features a host of benefits to help you get your money right, including unlimited 2% cash back rewards² on all purchases redeemable as statement credit or towards saving, investing, or paying down eligible SoFi debt. Today, we’re launching a new feature that rewards our most loyal members even more–a 10% boost on cash back rewards earned for credit card members with direct deposit through SoFi Checking³. That’s unlimited 2.2% cash back rewards on all purchases, and eve ..read more

At SoFi, our mission has always been clear: to help you get your money right. Everything we offer—from investment accounts to member benefits—echoes this mission. However, sometimes this means making changes to our business. After careful consideration, we’ve made the decision to discontinue our crypto services by the end of this year. To ensure our members can continue investing however they want, we are giving members the option to migrate their crypto holdings to Blockchain.com, one of the leading cryptocurrency platforms, to ease the transition. Crypto members’ can choose to either migrat ..read more

The SoFi Credit Card¹ was the first-of-its-kind card that incentivized building healthy financial habits, rewarding you for paying off your balance in full each month and charging zero annual fees², as well  earning an unlimited 2% cash back rewards on your purchases³ -just extra cash back rewards in your wallet in time for all your holiday shopping. We didn’t want to stop there, and we listened to all of your feedback the last few years on how to make a great card even better: we are now offering a full 2% cash back rewards on statement credit. This means you will be able to redeem your ..read more

SoFi is determined to help you get your money right, now and in the future. To help you reach your retirement goals faster, SoFi Invest¹ is reimagining IRAs by offering a 1% IRA Match on all eligible contributions². That means you’ll get a match of 1% on every eligible dollar contributed (no employer plan needed!). SoFi knows everyone’s needs and goals are different, so by matching your IRA contributions, we’re helping you achieve those goals whether you already have an employer retirement plan, are self-employed or have specific investment preferences. We know retirement planning can feel in ..read more