They have public records you can look at. In this regard, they're as trustworthy as Wells and Chase (though both of those banks have had numerous scandals). But generally national regulators will step in before SoFi does something obviously stupid. But SoFi is still a business, and they'll make business decisions. SoFi $300 bonus qualification sanity check Discussion I'm planning to open a SoFi Checking & Savings account to get the $300 bonus and 1.25% APY and hoping to get confirmation on my understanding of the fine print, which says "The Evaluation Period is defined as 30 days from the date your first Qualifying Direct Deposit is received." Looking for those with SoFi Money that may have disputed a transaction—how long did it take to get resolved for you? I opened a dispute to a transaction on 11/30 and was told I would be notified in 10 days of an outcome. I followed up after 10 days because SoFi didn’t reach out with an update, and I was then told it could take between 30-45 ...Currently, I have 12 vaults set up. Nine are for my budget categories (house bills, car bills, groceries, etc.) and three are for the credit cards I currently use. I use the half payment method, so every paycheck, I fund each vault with half of my monthly budget. I put all my spending on credit cards for the rewards. Resurrecting an older post, but I borrowed $63K from SoFi, took right at a week from start to being funded. According to Credit Karma, my credit scores were around 630, but the disclosure from SoFi had me in the low 700's. Using the funds to consolidate CC debt, will save over $12K in interest alone. r/personalfinance. true. SoFi mortgage horror story. We did get funding from SoFi yesterday (Monday - 3/6/23). The loan officer's manager did not call to follow through like he promised, but he did reply a couple times to emails promptly. I learned that funding was cleared from my Title Company, SoFi didn't even care to confirm/email that everything was good to go. For SOFI, it is a very young company with spending spree (ie: negative profits) to grow fast. As to whether the business model will flourish or flop, only time can tell. Established banks provides 3-4% dividends and maintain or grow the stock price. Corporate governance is crucial and SOFI is a long way from that. Some states (like NY) are excluded, and residents of those states are being forced to sell their SoFi Crypto holdings. What a clown show. As a New York State resident, you are unable to transfer to Blockchain. So you are just forced to … I use SOFI for my primary CC and for investing, too. All in all, having a single place to manage my stuff with clean and easy to navigate menus and what not has been great. lowlybananas. •. Main drawback is you can't export transactions. So if you use budgeting software everything has to be manually entered. Loan eligibility depends on a number of additional factors, such as a responsible financial history, credit score, your monthly income vs. expenses, and professional experience. When applying we first do a soft credit pull to determine pre-approval. If you receive pre-approval, we will then request permission to obtain a hard credit pull to ... switching to SoFi as my primary bank! for me personally, this is the right move. I’m switching from bank of america. I think SOFI is moving in the right direction and for someone like me who likes mobile banking, the effort they put into their app is incredible! earning interest on your money account, unlike a checking account.If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...22 Sept 2023 ... Please do not pay a fee to use a bank! The best advice I can give is to use SoFi, or any other savings paying 4.3-5.3% and keep a bigger branch ...switching to SoFi as my primary bank! for me personally, this is the right move. I’m switching from bank of america. I think SOFI is moving in the right direction and for someone like me who likes mobile banking, the effort they put into their app is incredible! earning interest on your money account, unlike a checking account.Pay your 1st account, which has SoFi as the default method with your 2nd account. The money will be sent to SoFi and instantly deposited into your SoFi account without fees and without any wait. There is a $999 limit for the instant transfers, but I've done 5 $999 in a row without any issue. That's it! Instant money transferred into your SoFi ...This is a group of investors who are LONG SoFi. We are NOT in this for the short term gains (or losses) --- If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings. --- Nothing said here is financial advice. SOFI is still a high-risk, growth stock.Ever heard of SoFi? The answer is probably yes. After all, most football fans have seen the Super Bowl Champion Rams play another NFL team at SoFi Stadium, be it on TV or in person...Schwab is absolutely great, my favorite bank account but it lacks features to really make it a primary account like zelle and other checking/savings features. With that being said. SoFi also doesn’t have Zelle but it does have ways to split up my money into vaults/bucks, which I …Moderator Announcement Read More ». InDEThER. • 2 yr. ago. I have both. Fidelity is better for investing. SoFi is better at banking. If want a one stop shop, SoFi. If okay with a two stop shop, SoFi for banking and Fidelity for investing. dakotadick.I started doing my own researching more and more, and wanted to do my own thing, and rolled it over to a different broker. I wasn't happy that Sofi only had ETFs and stocks (no mutual funds etc). It’s okay. I had it set to aggressive and put $25 in every Friday last year to see how it went and it did what it was supposed to do.Email address was [email protected]. Edit: Two and two come together, just got an email from SoFi that I was involved in a data breach. This could explain why a new account being setup. This email was from a m.sofi.org, so like many have said, this appears within the domain like the account email. Sorry for any confusion or scare!The only thing I prefer about SoFi is vaults, “modern” and that’s about it. Schwab has way better customer service 24/7) and has better features/tools/fills for investing in equities. Plus it’s checking account has zelle (although not implemented amazingly) and has unlimited ATM reimbursements worldwide. Schwab is ok. Loan eligibility depends on a number of additional factors, such as a responsible financial history, credit score, your monthly income vs. expenses, and professional experience. When applying we first do a soft credit pull to determine pre-approval. If you receive pre-approval, we will then request permission to obtain a hard credit pull to ... My experience with SoFi as a bank has been good. The interest is not the absolute best but solid. It’s usable, and my one experience with customer service was quick and easy even in the middle of the night. I haven’t give up my giant bank chain just so I have ATMs everywhere, but I pay my bills and collect my salary through SoFi. It has returned about 20% so far, obviously due in part to this bull run (started the account in June I think). I would recommend it! I set my girlfriend up one on SoFi and I love it for her. She set up reoccurring deposits and is having a lot of fun with it. It’s a satisfying platform if you’re not a trader imo. SoFi $250 Sign Up Bonus Questions. I'm considering the opportunity for opening a SoFi online bank account due to the $250 SUB. The issue is, it's not clear to me what can be possible for acquiring the full $250 SUB. So here's what I'm thinking: My direct deposits over 25 days don't equal more than 5,000, so at face value I don't qualify for the ...They have public records you can look at. In this regard, they're as trustworthy as Wells and Chase (though both of those banks have had numerous scandals). But generally national regulators will step in before SoFi does something obviously stupid. But SoFi is still a business, and they'll make business decisions.Using Savings Account like a Checking Account. Currently, I keep all of my money in my savings account (for the sweet 4.2%) and use overdraft protection to pay for everything out of my checking account (e.g. rent comes out of my checking, but overdraft protection transfer the money from my savings to cover it).However, Shreyanka Patil (4/12), Sophie Molineux (3/20) and Asha Sobhana (2/14) helped RCB bounce back just after the powerplay and removed Delhi batters one-by-one, …19 Oct 2022 ... 30 votes, 25 comments. 33K subscribers in the sofi community. The official subreddit of SoFi. Get your money right, all in one app. Alternatively, get a bottom of the barrel Brick and Mortar account deposit cash into that account at their ATM, add it to SoFi, and do a transfer. Folks are making it sound much more time intensive than it really is. In the rare chance I do add money at a Walmart, it takes 5 mins in and out. 1. Flashy-Sky2462. If SOFI really also wants to snag people, especially in time of rising rates, they should maximize their auto loan department. Ideally if they can originate these, work with the dealerships financing team, offer EASY pre-approval to make the process as smooth as possible, be very OPEN about rates when applying, no pre-payment penalty, and … Alternatively, get a bottom of the barrel Brick and Mortar account deposit cash into that account at their ATM, add it to SoFi, and do a transfer. Folks are making it sound much more time intensive than it really is. In the rare chance I do add money at a Walmart, it takes 5 mins in and out. 1. Flashy-Sky2462. This is a group of investors who are LONG SoFi. We are NOT in this for the short term gains (or losses) --- If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings. --- Nothing said here is financial advice. SOFI is still a high-risk, growth stock.They're very similar what with their "digital envelopes" feature for partitioning off your money. My friend says Ally's better since it has a dedicated Checking and Savings at .1 and .5 percents respectively vs SoFi's .25% with a $500 deposit monthly. I'm arguing that SoFi's mobile app is very good and has connections to Invest and its 2% ...For now, unfortunately, you have to be 18 or older to open an account. dudecheckthis. • 1 yr. ago. That’s a bummer. Thanks for reply though! I’d seen the 18 limit in the FAQ, but SoFi had a page about minor bank accounts too (though nowhere did it said whether they allowed it or now). I suppose I could do something like set up a vault for ...A website’s welcome message should describe what the website offers its visitors. For example, “Reddit’s stories are created by its users.” The welcome message can be either a stat...SoFi Daily Live Chat - October 26, 2023. Discuss your thoughts on SoFi, FinTech, memes, yolos, the market, or whatever else might be on your mind. Please refrain from any political, religious, or otherwise controversial discussions, and respect one another in your discussion so that the conversation stays on topic. SoFi Crypto is/was a great product. My speculation is that SoFi would continue to offer it had there not been regulatory pressure. I'm guessing we'll see a new SoFi Invest "Collection" of crypto spot ETFs once those funds to come to market. Perhaps an on-going referral program with Blockchain also, but no indication of that today. For SOFI, it is a very young company with spending spree (ie: negative profits) to grow fast. As to whether the business model will flourish or flop, only time can tell. Established banks provides 3-4% dividends and maintain or grow the stock price. Corporate governance is crucial and SOFI is a long way from that.SoFi stadium yesterday…this is class!🇺🇸. 719 40. Find the best posts and communities about SoFi Stadium on Reddit. Not in a few years more like at least 5+ , and realistically more, $100 a share would give it like 100 billion valuation, that’s puts it near other legacy banks, banks like capital one market cap only 54bill. Don’t expect share buy backs they owe too much money. Realistically - 5 years. Manually Adding Account Option Removed? Banking. Based on all the documentation from SoFi, I should be able to add an account manually. However, the only place I can do that is in Invest. …SoFi stadium yesterday…this is class!🇺🇸. 719 40. Find the best posts and communities about SoFi Stadium on Reddit.The official subreddit of SoFi. Get your money right, all in one app. Visit us at: https://www.sofi.com NMLS #1121636 1. Rolandooo. • 2 yr. ago. I have been happy with using them as my primary bank (roughly 5 months now). I am all digital and never handle cash so I have no comments on deposits or withdrawals through ATMs. My biggest suggestion to SOFI is please enable a better two factor authentication. 344 votes, 51 comments. true. sofi is a tendie machine. a fair value puts this between 31.58-34.77 depending on how you calculate its comps which is difficult because sofi has a crazy moat and wide variety of service. killer growth and cagr and a real unicorn. They both offer fractional shares for ETFs and a Roth IRA, so no major gain or loss there. They both offer a 2% flat credit card. Where SoFi does better: SoFi's interest is better for the cash management account. SoFi is far better for loans (student loans, personal loans, and home loans). SoFi has better interest as mentioned, including significantly better in checking. While that's great if you have six figures or upper five figures in savings, it makes a small difference for lower amounts. Features for Capital One: Deposits at CVS locations. Currently it's difficult and costly to deposit cash into SoFi, some $3-$5 a transaction. SoFi just increased the banking referral bonus to $75 from $50 for the referrer. The $25 for the referee has remained the same. I doubt anybody on this sub doesn’t already have a SoFi account, but for some reason if you don’t, PM me for my referral link ;)This is a group of investors who are LONG SoFi. We are NOT in this for the short term gains (or losses) --- If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings. --- Nothing said here is financial advice. SOFI is still a high-risk, growth stock.SoFi Money account closed finally. Save & Spend. This is a warning to any seeking to use this new banking product. Do not close your other banks and make sure you have savings in other checking accounts. This product is immature and glitchy and can generally screw you if you don’t have contingency. This was my experience with SoFi Money ...Get app Get the Reddit app Log In Log in to Reddit. Expand user menu Open settings menu. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; ... Everbank vs Sofi vs Milli . Advice I've been doing research and I feel like all of these banks have mixed reviews. Everbank: 5.15% Milli: 5.50% Sofi: 4.6%r/SofiaGomez_TikTok: A community for public TikTok/Instagram/other social media posts of the beautiful Sofia Gomez. No OF/paywalled content.Moderator Announcement Read More ». InDEThER. • 2 yr. ago. I have both. Fidelity is better for investing. SoFi is better at banking. If want a one stop shop, SoFi. If okay with a two stop shop, SoFi for banking and Fidelity for investing. dakotadick.Hi everyone! I've been doing some research between SoFi and Fidelity and I wanted to know what you all think of these two brokerages. I know Fidelity is part of the Big 3 "adult" investing houses while SoFi is part of the up and coming FinTech crowd. I know both are poised for the long term. But I'm wondering if for investments and a Roth IRA ...WellEndowedDragon. •. It depends on how quickly you hit $5k in direct deposits, since that’s the threshold for the max bonus. At the slowest, it will be 2-3 weeks after the initial 30-day evaluation period (so about 45-50 days after your first direct deposit). At the quickest, if you’re lucky enough to take home $5k+ per paycheck, it’ll ...SoFi $300 bonus qualification sanity check. I'm planning to open a SoFi Checking & Savings account to get the $300 bonus and 1.25% APY and hoping to get confirmation on my understanding of the fine print, which says "The Evaluation Period is defined as 30 days from the date your first Qualifying Direct Deposit is received." SoFi Checking and Savings perks are so underrated. I’ve been banking with them since 2019. Things I love: -2 day early paycheck(the own the technology”Galileo”) -No overdraft or minimum balance fees -Vaults and autopilot (awesome feature) -Current APY 2.50%* -Easy and Accesible way to contact customer service. -3% SoFi Credit card for having direct deposit in first year. I totally agree that SoFi has been my best banking experience as well, and I've only been a customer since the beginning of July. But for me, the most powerful feature, and the one that drew me to SoFi immediately was the Vaults. Finally, I have a way to keep track of where my money is going, and how much is being saved for which goal. Sofi funds loans pretty fast. I got one within 24 hours. No penalty for paying off early. Great questions! The offer is only open to new SoFi Personal Loan borrowers and may not be combined with other offers aside from the autopay discount, direct deposit discount, and direct pay discount. To receive the offer, you must: (1) register and apply ... We reviewed SoFi personal loans, looking at its origination fees, types of loans, co-signers policies and more. By clicking "TRY IT", I agree to receive newsletters and promotions ...1. Tisleet. • 7 mo. ago. Usually for Illenium sets I am front and center. For Denver I chose 100 seats because I went to his coliseum show and had to stand for 6 hours, it was miserable. I enjoyed the 100 seats, would do it again if I were going to LA. Close proximity to beer vendors and restrooms. 1. CIT Bank paying more interest 3.85%. CIT Bank is owned by First Citizens which has been around for like a 100 years. CIT Bank also has CD options for like 4.65% interest for 13 months. If you have Sofi through Samsung your getting paid even less interest than a regular SOFI savings. Individual_Revenue84. r/SoFi Guidelines/Rules:. 1. Respect each other: This subreddit is made up of diverse members with unique stories and backgrounds. Hate speech, racism, abuse, prejudice, profanities and any content deemed as inappropriate will not be tolerated, and will be removed. SoFi will go up with time as more institutions and retail investors realize SoFi's true potential especially as it get closer and closer to the Q4 earnings. I bought more shares of SoFi at $6.81 to $6.82 today to take advantage of that primal instinct most people have been taught from the prior post SoFi's earnings sell off.SoFi is a despac that is currently unprofitable and trading 50% below it's initial stock price. It has no plans to become profitable. Every venture it's made in the past year has been to integrate services in a way to harvest data and it's become so egregious and obvious that I don't know why anyone would say "Wells Fargo is less trustworthy than SoFi." 14 votes, 50 comments. true. We’re excited to introduce SoFi Plus, our new premium membership that’ll help you make the most of your money every day.. At the initial rollout you’ll access SoFi Plus by setting up and maintaining direct deposit, which will unlock the existing direct deposit benefits along with new perks like 2x rewards points. If you have large taxable account and large margin balance then that is going to be the primary cost. On a $200k margin balance a 0.25% difference is $500. On edit: found it. The margin interest rate for debit balances in margin accounts is currently 3.0% as of 6/1/22 until 7/27/22. On 7/28/22 the margin interest rate will increase to 4.5%. 1. For SOFI, it is a very young company with spending spree (ie: negative profits) to grow fast. As to whether the business model will flourish or flop, only time can tell. Established banks provides 3-4% dividends and maintain or grow the stock price. Corporate governance is crucial and SOFI is a long way from that. Put some money in Bofa for instant cash withdrawals or do a bank transfer when you need more cash, which takes about 3 buisness days to settle.You can also deposit cash into the Bofa account and do a bank transfer to your Sofi account. Basically use Bofa for your cash transactions, and Sofi to hold your money for the interest rate, and digital ... r/SofiaGomez_TikTok: A community for public TikTok/Instagram/other social media posts of the beautiful Sofia Gomez. No OF/paywalled content.Thank you for your submission to r/SoFi.As a reminder, please do not share personal information or other sensitive information on this community. r/SoFi is unofficial, should you need immediate assistance please utilize our help thread to find the most relevant contact. A quick reminder to everyone else to not share referral links outside of the monthly referral … SoFi $300 bonus qualification sanity check Discussion I'm planning to open a SoFi Checking & Savings account to get the $300 bonus and 1.25% APY and hoping to get confirmation on my understanding of the fine print, which says "The Evaluation Period is defined as 30 days from the date your first Qualifying Direct Deposit is received." There truly are no downsides to using our Vault feature and is up to your discretion whether you use the feature or not. With Vaults, we allow SoFi Checking and Savings members to organize and categorize their funds into separate groupings so if you like to have that capability, then the Vaults feature would be the plus side of banking with SoFi.Thanks for visiting our sub! We’re happy to answer any general SoFi questions or concerns. For your security, please don’t share personal information in the sub. If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit.Discussion. Hi. I’m a new sofi member (Banking) who’s set up their account but i’m trying to add an external bank account so i can transfer money out if i need to since i’m using Sofi for my direct deposit but i’m unable to link the external account manually. When i try to link it, it goes to Plaid but when i click the “X”, it ... Deposits up to 1k clear instantly (you’re allowed to clear more if you have a balance) and the buys are within the next trading day. It’s very simple to understand and use. I use it for a regular brokerage account and am happy thus far. No management fee is nice. Nothing wrong with 10 dollars either. September 23, 2023-SoFi Stadium Inglewood, CALIFORNIA. Welcome! Feel free to share your questions, comments, photos, and amazing experiences from the Ed Sheeran concert. Hope you have a great time at the show! 3.Just use your SoFi Debit card through the green dot system. I work at sheetz and many people “load money” onto their card but with SoFi it actually gets deposited into you account for a fee of 4.95$. 5$ is a lot of your depositing anything less than 250$ but if you have a large amount of money it is a good option.8 Feb 2024 ... If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit. You will be ...SoFi members with Qualifying Deposits can earn 4.50% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation …SoFi has better interest as mentioned, including significantly better in checking. While that's great if you have six figures or upper five figures in savings, it makes a small difference for lower amounts. Features for Capital One: Deposits at CVS locations. Currently it's difficult and costly to deposit cash into SoFi, some $3-$5 a ...20 Feb 2024 ... Hi there! Unfortunately SoFi Weekly ETF is no longer offered. Feel free to browse our other ETF's here. Thanks for visiting our sub! We’re happy to answer any general SoFi questions or concerns. For your security, please don’t share personal information in the sub. If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit. Alternatively, get a bottom of the barrel Brick and Mortar account deposit cash into that account at their ATM, add it to SoFi, and do a transfer. Folks are making it sound much more time intensive than it really is. In the rare chance I do add money at a Walmart, it takes 5 mins in and out. 1. Flashy-Sky2462.
Support availability depends on the product. Not sure about banking, but I know SoFi Money support options are chat or phone only, Mon-Thu 4am-9pm PT, Fri-Sun 4am-5pm PT. GrundleChunk. • 2 yr. ago. As of late it’s terrible IMO, Was better years ago but you always have to go up a notch the front line people stink! . Ashton greymoore
2 Jan 2023 ... SoFi's Privacy Policy is Gross · Social security number · Driver's license, State ID, or passport number. · Profile and Contact informat...7 Feb 2024 ... If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit. You will be ...soifons. If you made SoFi your main bank account, why? Discussion. I’m just curious, I might have the switch from Discover Bank to SoFi but i’m not sure. Archived post. New comments …This is a group of investors who are LONG SoFi. We are NOT in this for the short term gains (or losses) --- If you are a SOFI investor before the SPAC merger with IPOE and want an "OG SOFI Investor" flair, please message the Mods with proof of your holdings. --- Nothing said here is financial advice. SOFI is still a high-risk, growth stock.344 votes, 51 comments. true. sofi is a tendie machine. a fair value puts this between 31.58-34.77 depending on how you calculate its comps which is difficult because sofi has a crazy moat and wide variety of service. killer growth and cagr and a real unicorn.It has a 2.25% APY and no management/commission fees. There is no tax loss harvesting, but Sofi says they will introduce it sometime 2019. Sofi Invest is also a member of FINRA/SIPC, but its unclear how much is insured, so if anyone can clarify that would be great. I know Robinhood covers up to $250K in cash, but I don't know about SoFi.Moderator Announcement Read More ». InDEThER. • 2 yr. ago. I have both. Fidelity is better for investing. SoFi is better at banking. If want a one stop shop, SoFi. If okay with a two stop shop, SoFi for banking and Fidelity for investing. dakotadick.They have public records you can look at. In this regard, they're as trustworthy as Wells and Chase (though both of those banks have had numerous scandals). But generally national regulators will step in before SoFi does something obviously stupid. But SoFi is still a business, and they'll make business decisions.SoFi announced that its members can now access up to $2 million in FDIC insurance on their bank balances through the new SoFi FDIC Insurance Network, an increase from the standard $250,000 per account. This increased coverage is provided by placing members' deposits with specifically identified FDIC-insured partner banks.4 Jan 2024 ... If you don't want to go that route, then to be on the safe side I would add your SoFi account to your current bank as an external account, then ...SoFi has not yet fully implemented Zeller to their app and has not affiliated with Zeller network as of today. Honestly I do not know what takes SoFi so long to implement new features like Zelle, it's important to a lot of people. You can use unofficial the Zelle app and sign up, then use your SoFi debit card I believe it as a weekly limit of $500.If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...If you have large taxable account and large margin balance then that is going to be the primary cost. On a $200k margin balance a 0.25% difference is $500. On edit: found it. The margin interest rate for debit balances in margin accounts is currently 3.0% as of 6/1/22 until 7/27/22. On 7/28/22 the margin interest rate will increase to 4.5%. 1.5.0. NerdWallet rating. The bottom line: Financial services company and brokerage SoFi gained its bank charter in 2022 and launched a combination checking and savings …SoFi can be connected to Full View. The following steps will help you link up your accounts (login required): Click "Accounts & Trade" and from the dropdown, select "Full View". Navigate to "Link Account". Type in your Institution's name in the search field and click "Search". Now, if your SoFi account was already linked to Fidelity in Full ...Yes make the switch. I have 62k in SoFi for about a month. My money is still there lol. Checks take a while to clear. I think it was because my check was for 25k. Cash deposit I think you can't because they don't have a physical bank. Idk I don't even use cash. Reply reply. Real-Power385..