SoFi Checking Rate

SoFi's checking account pays 0.50% APY as of September 24, 2026, checked 13 hours ago. The rate was lowered from 4.60% on September 24, 2026. Since RateBrain began tracking it in 2022, this checking account has paid as much as 4.60% (Dec 2023) and as little as 0.50% (Sep 2026). It is currently below the median checking rate we track (0.89% across 27 banks).

0.50% APY

down from 4.60% on Sep 24

Last checked: Sep 24 · 13 hours ago
Minimum deposit: $100

View on SoFi’s website »See all SoFi rates »

Rate history

Now 0.50% APY

All-time high 4.60% (Dec 2023)
Low 0.50% (Sep 2026)
1-year change −4.10
16 changes
Tracked since May 2022
Full rate history »

The gray line is the median checking rate across the banks we tracked each month.

Rate changes

Date	APY	Change
September 24, 2026	0.50%	−4.10
December 19, 2023	4.60%	+0.10
September 20, 2023	4.50%	+0.10
July 12, 2023	4.40%	+0.10
June 12, 2023	4.30%	+0.10
May 10, 2023	4.20%	+0.20
March 31, 2023	4.00%	+0.25
January 19, 2023	3.75%	+0.25
December 18, 2022	3.50%	+0.25
December 6, 2022	3.25%	+0.25
November 3, 2022	3.00%	+0.50
October 3, 2022	2.50%	+0.50
August 17, 2022	2.00%	+0.20
July 28, 2022	1.80%	+0.30
June 29, 2022	1.50%	+0.25
May 29, 2022	1.25%	first tracked

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Other SoFi rates

Savings Account,3.30%

Other checking rates

All Checking rates »

Please Note: We are not a bank or credit union and are not affiliated with any. The information above is provided 'as is' and solely for informational purposes, not for specific financial advice. While we aim to keep our information accurate and current, the rates and information shown on this page may be inaccurate or be out of date. Please check with banks directly for the most up to date and accurate information.