SoFi
No-fee bank + brokerage + loans in one app.
Real national bank charter, FDIC-insured, strong APY with direct deposit. Bonus requires eligible payroll DD.
Our verdict
SoFi is a real FDIC-insured bank with a genuine (one-time) direct-deposit bonus and strong APY. What's real, the DD requirement, and the honest caveats.
Read the full SoFi review →By HashWatch — independently tested with real money; ratings come first, affiliate links second.
Our rating: tier S
Top pick — what we'd recommend first in its category. How we rate →
Good for
People who will route real payroll direct deposit and want a no-fee bank plus brokerage in one app with a solid APY.
Skip if
You cannot move direct deposit — you will miss the up-to-$400 bonus and the top savings rate.
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