Discover® Bank Review [2026]: Practical Credit Cards + Some Loans
Discover's product suite has changed, but the company still offers worthwhile credit cards and loans. Explore those, and the products and services that have been discontinued, here.
This article was subjected to a comprehensive fact-checking process. Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.
Whether you are looking at a new credit card, a high-yield savings account, or how to get a loan, finding the right option is imperative. You want to work with a company you can trust that won't nickel-and-dime you every step of the way.
Discover is one company we recommend considering. While this company may be best known for its credit cards, it also offers other financial products and services (though fewer than it used to).
Keep reading to learn more about what Discover has to offer and if it's the right bank for you.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Up to $300New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
Minimum Opening Balance
$0
Monthly Fee
$0
Why We Like It
Earn a $50 or $300 bonus with eligible direct deposit1 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.</p><p>SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at <a href="http://www.sofi.com/legal/banking-rate-sheet">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> and up to 4.00% APY2 <p>Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p> on your money
Limited-Time Offer: +0.70% Boost on Savings APY to up to 4.00% for up to 6 months on new accounts. Terms apply.2 <p>Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p>
No account, overdraft, or monthly fees3 <p>We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a></p>
Get your paycheck up to two days early with direct deposit4 <p>Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.</p>
Access additional FDIC insurance up to $3 million5 <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>
For many people, Discover is known for its credit cards, which were introduced in 1986 by Dean Witter Financial Services Group, a subsidiary of Sears, Roebuck, and Co. However, the company has evolved — and evolved again — to become one of the most recognized financial services brands in the U.S.
Capital One, founded in 1994, acquired Discover in 2025 and has since done away with some Discover products, including banking. It's expected to absorb others, and existing Discover customers will be the first to hear about any changes to their accounts.
Credit cards from Discover
There are many different types of Discover cards to choose from, so you are likely to find a credit card that meets your needs. Discover offers the following cards:
This page includes information about the NHL® Discover it® that is not currently available on FinanceBuzz and the offer details may be out of date.
Typically, these cards are good choices for customers interested in everyday products with simple cash back redemption. If you plan to use points toward travel — especially if you enjoy transferring to partner airlines and hotels for better redemption rates — Discover might not be the best option.
Additionally, while the issuer's travel product (Discover it® Miles) does offer some benefits for travelers, it's important to note that Discover still isn't accepted everywhere worldwide. So before you travel, ensure that your destination country will accept this issuer's cards.
All Discover cards offer 100% U.S.-based customer service, fraud monitoring, and a free Credit Scorecard each month. Of course, there are certain eligibility criteria for each card, and these requirements vary from one product to the next. Typically, though, you will need to have a good-to-excellent credit score in order to qualify.
Who Discover credit cards are best suited for:
Everyday spenders who prefer no-annual-fee cards with simple cash back redemptions, aren't worried about worldwide card acceptance, and/or don't plan to transfer earned points or miles to travel partners for redemption.
Banking with Discover
As stated, Discover no longer offers banking. But the following account information was accurate until these products were discontinued.
Discover Bank's account options included:
A unique cash back checking account
High-yield savings accounts
Money market accounts (MMAs)
Certificates of deposits (CDs)
These products were a good option for banking online with few fees and few restrictions, such as minimum deposit or balance requirements.
1.00% cash back on up to $3,000 in qualifying debit card transactions each month
$0
$0
Yes
Discover's sole checking account allowed you to earn 1% cash back on up to $3,000 in qualifying debit card purchases every month. So that would be $30 in your pocket just for spending money on things you usually buy.
This account was among the most popular of its kind. Cash back debit cards are hard to come by, and this one had an edge because you didn't have to jump through any hoops (like direct deposit or activity requirements) to qualify for that cash back. It offered other features that rewards checking accounts don't always have, including the option to make cash deposits and receive early direct deposits.
If you already have this account, you can keep using it until you hear from Capital One otherwise.
Discover® Online Savings Account
Annual percentage yield (APY)
3.40%
Minimum deposit requirement
$0
Monthly maintenance fees
$0
ATM access
No
Discover offered a high-yield savings account with no monthly fee or minimum opening deposit. The account earned 3.40% APY, until it was discontinued, and was often competitive with the best high-yield savings accounts.
However, it didn't offer ATM access for withdrawing funds directly from savings, and it didn't have the automated savings features you can find in savings accounts from other online banks.
Other Discover banking products
Account
APY
Minimum deposit requirement
Monthly maintenance fees
ATM access
FDIC insured
Discover® Money Market Account*
Up to 3.30-3.35% (as of 10/29/25), depending on your balance
2.00%-4.05% (as of 11/04/25) depending on the term
None
$0
No
Yes
Discover also offered interest-bearing money market accounts (MMAs) and CDs. The Discover money market account offered ATM access but had a high minimum deposit requirement relative to other MMAs.
You could open a Discover CD with terms ranging from three months to 10 years, with APYs ranging from 2.00%-4.05% (as of 11/04/25). Discover's CD rates were close to or on par with many of the best CD rates offered.
Personal loans from Discover
Discover also offers personal loans, which can be used to cover a variety of expenses, from emergency home repairs and unexpected medical bills to consolidating high-interest credit card debt.
Regardless of how you plan to use a personal loan, Discover is there to offer the funding that meets your needs. Here is what you can expect when taking out a Discover personal loan:
Loans up to $40,000
No processing or origination fees
No late fees
Flexible repayment terms between 36-84 months
Fixed interest rates ranging from 7.99% - 24.99% (as of 11/07/25) APR
You'll enjoy customer service that is entirely based in the U.S. in case you ever have questions about your loan or need help managing your account. Discover also offers same-day decisions on personal loans in many cases, helping you get the funding you need fast.
Plus, if you change your mind about your personal loan, you have the option to return the funds within 30 days — and you won't be subject to any interest charges.
In order to qualify for a Discover personal loan, you'll need to be a U.S. citizen or permanent resident, have a physical address, be at least 18 years old, and have a household income of $25,000 or more. Your interest rate and approved loan amount will be determined according to factors such as your creditworthiness and ability to repay.
Who Discover personal loans are best suited for:
Consumers who are shopping around for personal loans that are quick, origination fee-free, and offer flexible repayment terms would be wise to give Discover a look.
What we like about Discover
Solid credit cards, both for beginners and people with more credit card experience
Good customer support
Highly rated mobile app and digital tools
Where Discover falls short
No banking options available anymore (but they were good while they lasted)
Uncertainty about the future of existing Discover banking products
Capital One doesn't offer equivalent alternatives to all discontinued Discover products
Alternatives to Discover
SoFi® and Chase Bank are two Discover banking alternatives you may want to consider.
SoFi Checking and Savings
If you want an interest-bearing checking account, SoFi® is a good option. While Discover's checking account didn't earn interest, SoFi® offers 0.50% APY with direct deposit on its checking accounts, which is well above the national average. SoFi's savings accounts also earn an impressive up to 3.30% APY (with direct deposit)6 <p>Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at <a href="https://www.sofi.com/legal/banking-rate-sheet">https://www.sofi.com/legal/banking-rate-sheet</a></p> . SoFi is a Member, FDIC.5 <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>
Chase Bank may be an option if you need a savings account with ATM access. Both Chase Savings and Premier Savings accounts offer access through Chase's network of more than 15,000 ATMs nationwide. Chase also offers interest-bearing checking accounts. However, the APY on these accounts is pretty low compared to other competitors.
If there's one thing that's clear about Discover, it's that its customers are generally pretty happy. JD Power & Associates have ranked Discover as either number one or two in credit card customer satisfaction for nearly ten years. Discover Financial Services also currently has an A+ rating with the Better Business Bureau and has been accredited since 1989.
Of course, some consumer rating sites paint a slightly different picture. It's important to remember that consumers aren't as quick to post online when they are happy with their financial establishments, so online reviews are often disproportionately negative.
With that said, their customer-submitted rating is only 1.18 stars out of 5 on BBB.org. Common complaints include things like accounts closed unexpectedly due to inactivity, issues with aggressive fraud monitoring, concerns about disputed charges, and misunderstandings regarding certain banking fees (such as those for cash advances).
4.6
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Our partners do not influence our ratings.
Use Cash App As Your All-in-One Financial Services Platform
Bank7 <p>Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Savings provided by Cash App, a Block, Inc. brand.</p><p class="">Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Direct Deposit provided by Cash App, a Block, Inc. brand.</p> without all the fees—save, send, and spend your money the way you want.8 <p class="">Your balance is eligible for FDIC pass-through insurance through our Program Banks Wells Fargo Bank, N.A. and/or Sutton Bank, Members FDIC for up to $250,000 per customer when aggregated with all other deposits held in the same legal capacity at each Program Bank above, if certain conditions are met. Cash App is a financial services platform, and not an FDIC-insured bank. Prepaid debit cards issued by Sutton Bank, Member FDIC. See <a href="https://cash.app/legal/us/en-us/card-agreement">terms and conditions</a>. </p> Get paid up to 2 days early – up to 2 days earlier than most banks9 <p>Your first deposit may take longer depending on your employer.</p>
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
AWARD WINNERBest Online Checking
SoFi Checking & Savings - Earn Up to $300 When You Set Up Direct Deposit
Limited-Time Offer: Earn a $50 or $300 bonus with eligible direct deposit and up to 4.00% APY on Savings (3.30% APY1 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.</p><p>SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at <a href="http://www.sofi.com/legal/banking-rate-sheet">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> with +0.70% APY Boost) for up to 6 Months on new accounts. Terms Apply.2 <p>Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p> FDIC Insured.5 <p><b style="font-family: Rubik, -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, sans-serif;">SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.</b></p>
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Bank of America Advantage Banking
Up to $500 cash offer. Click ‘Learn More' for more details. Bank of America, N.A. Member FDIC.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
Enjoy $400 as a new Chase checking customer
When you open a new Chase Total Checking® account with qualifying activities.10 <p>Offer not available to existing Chase checking customers, or those whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. You can receive only one new checking account opening related bonus every two years from the last coupon enrollment date and only one bonus per account. Coupon is good for one-time use. To receive the bonus: 1) Open a new Chase Total Checking account, which is subject to approval; AND 2) Have your direct deposits totaling $1,000 or more made to this account within 90 days of coupon enrollment. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. Person to Person payments (such as Zelle®) are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Micro-deposits are small deposits, typically less than $1, that are sent to your account to verify it is the correct account. After you have completed all the above requirements, we'll deposit the bonus in your new account within 15 days. To receive this bonus, the enrolled account must not be closed or restricted at the time of payout. Eligibility may be limited based on account ownership. Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Offer availability subject to change. Other Chase checking bonus offers may exist concurrently.</p> FDIC Insured. Offer valid through 4/15/2026.
The best Discover card for you will depend on many personal factors, such as where you typically spend the most money, how you plan to use your earned rewards, and what your current credit score will allow you to qualify for. With a variety of card options, however, you're sure to find the product that suits your needs.
Is a Discover loan a good option?
A Discover loan is a great option if you're looking for a loan that doesn't charge origination fees, has flexible repayment options, and can offer a same-day decision for most applicants. Additionally, you'll enjoy U.S.-based customer service and can even return your loan within 30 days and pay no interest if needed.
Can I pay off a Discover loan early?
Yes. There are no penalties or fees involved with paying off your Discover personal loan early. If you want to contribute a little extra to your principal balance or simply pay off the entire loan ahead of schedule, you can do so without worry.
What credit score do you need for a Discover personal loan?
There is no specified minimum credit score that you will need to qualify for a personal loan through Discover. However, your credit history and score will be considered when determining eligibility. Additionally, you must be a U.S. citizen or permanent resident, have a minimum household income of $25,000, and be at least 18 years old.
Bottom line
While Discover is primarily known for its credit cards, the financial services company has some other products and services, though this no longer includes banking products. Discover offers competitive loans with fee-free options, quick approvals, and flexible repayment terms.
Before committing to a bank, it is important to thoroughly research the available account options. Make sure you have a clear understanding of the fees, disclosures, and requirements associated with each account.
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment.
Our partners do not influence how we rate products.
Discover will match all the cash back you’ve earned at the end of your first year.
Annual Fee
$0
Rewards Rate
Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
Benefits and Drawbacks
Benefits
$0 annual fee
Intro APR on purchases and balance transfers
Drawbacks
Requires you to activate the highest-earning category each quarter
Not accepted as widely overseas as Visa or Mastercard
Card Details
INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
Redeem cash back for any amount. No annual fee.
Get a 0% intro APR for 15 months on purchases. Then 17.49% to 26.49% Standard Variable Purchase APR applies, based on credit worthiness.
FinanceBuzz writers and editors score products and companies on a number of objective features as well as our expert editorial assessment.
Our partners do not influence our ratings.
AWARD WINNERBest Online Checking
High APY of up to 4.00% on Savings (3.30% APY1 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at <a href="https://www.sofi.com/banking/">sofi.com/banking</a>. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.</p><p>SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at <a href="http://www.sofi.com/legal/banking-rate-sheet">http://www.sofi.com/legal/banking-rate-sheet</a>.</p> with +0.70% APY Boost) for up to 6 Months on new accounts. Terms Apply.2 <p>Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.</p>
Paycheck access up to 2 days early with direct deposit4 <p>Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.</p>
No monthly maintenance or overdraft fees3 <p>We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a></p>
Streamlined savings and savings goals with Vaults
Access to a large ATM network11 <p>We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.</p>
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