SoFi

SoFi (Social Finance) is an all-in-one finance app. It offers student loan refinancing, mortgages, personal loans, investing (stocks/crypto), and banking. It aims to be a one-stop-shop for your financial life.

Frequently Asked Questions

1. Is SoFi a bank?

Yes. SoFi obtained a national bank charter, so SoFi Money accounts are FDIC insured.

2. Is investing free?

Yes. SoFi Active Investing offers commission-free stock and ETF trading.

3. Can I buy crypto?

Yes, you can trade dozens of cryptocurrencies on the platform.

4. Do they offer career advice?

Yes. SoFi members get free access to credentialed financial planners and career coaches.

5. Is there a bonus?

SoFi is famous for its signup bonuses for new loan or checking customers.