SoFi: Bank, Invest & Crypto

SoFi: Bank, Invest & Crypto

Online Banking & Investing

385K ratings
2250 reviews
#25 in free Finance
💼 Business
💰 Finance
Free

Details

  • Released
  • Updated
  • April 10, 2017
  • September 18, 2026

Features

SoFi: Bank, Invest & Crypto screenshot #1 for iPhone
SoFi: Bank, Invest & Crypto screenshot #2 for iPhone
SoFi: Bank, Invest & Crypto screenshot #3 for iPhone
SoFi: Bank, Invest & Crypto screenshot #4 for iPhone
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SoFi: Bank, Invest & Crypto screenshot #6 for iPhone
SoFi: Bank, Invest & Crypto screenshot #7 for iPhone
SoFi: Bank, Invest & Crypto screenshot #8 for iPhone
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About

Manage your banking, investments, and cryptocurrency all in one place. This app offers fee-free checking, high-yield savings, commission-free stock trading, and the ability to buy, sell, and hold over 25 cryptocurrencies. It also provides tools for loan pre-qualification and credit score monitoring.

Buy, sell, and hold cryptocurrency
Fee-free checking account
High-yield savings account
Commission-free stock and ETF trading
Fractional share investing
Loan pre-qualification and credit score tracking
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What users say

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+2

What's New in SoFi

3.114.0

September 18, 2026

We've made a bunch of bug fixes and improvements to help get your money right. It all adds up. Something else you'd like to see? Tell us more at mobilesupport@sofi.com.

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Charts

Top Free

📉 25-1

Finance

This app dropped -1 position in Finance chart.

Last updated on September 19, 2026.

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User reviews

Can’t access my own money

Log in on the app isn’t working today, says to call customer service

Iffy About this Bank

I came to this bank in hopes of having a great experience with a new online bank. It’s starting off bad. They gave me $50 when I maxed out my deposit money of $4k within a 4 week period as required via their recent promo for opening a new account. It was supposed to be $400. So that’s already a sign that they’re not truthful to their promotions.
Only reason I opened this account was because of the higher yield % compared to Ally Bank at the moment. I may have to end up closing the account. After this 6 month period of 3.8%.
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Awful Customer Support

See the most recent reviews of this app, they all bad, if you are thinking of joining Sofi, DON’T do it. The app is user friendly, however, I got a transaction I didn’t recognize for $1.4k and they didn’t do anything about it. I disputed it but they decided that my case wasn’t strong enough after weeks. I have never had these issues with any other prior banking.
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Lots of ads and can’t search transactions

Kind of annoying to get pushed services when you’re trying to check your balance or move money around.

Another thing that’s never been fixed is the ability to search your transactions. Always says “We’re checking on it”. I’ve delegate reinstalled several times but still no go. Just want to be able to search my account without scrolling forever.
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opinion

They should allow ZEC to be listed on crypto.

User experience

🐞

Reported Bugs

4 issues

Inconsistent account syncing and data display

Bug

Unreliable push notifications and alerts

Bug

Inability to modify existing orders and transfers

Bug

Glitches in app navigation and functionality

Bug

Requested Features

5 requests

Customizable budgeting and spending tracking

Feature

Recurring transfer and automatic payment options

Feature

Advanced charting and analysis tools for investments

Feature

Ability to hide irrelevant product offerings

Feature

Streamlined account management and troubleshooting

Feature

FAQ

What does the SoFi app do?

The SoFi app allows users to manage their banking, invest in stocks and ETFs, buy and sell cryptocurrency, and track their credit score. It aims to consolidate various financial activities into a single platform, eliminating the need for multiple apps.

What are the key features of the SoFi app?

Key features include a fee-free checking account with early direct deposit, a high-yield savings account with organizational vaults, commission-free stock and ETF trading with fractional shares, the ability to buy/sell/hold over 25 cryptocurrencies, loan pre-qualification, and credit score monitoring.

Is the SoFi app free to use?

The app itself is free to download and use. While there are no account or service fees for checking and savings accounts, certain transactions like outgoing wire transfers may incur fees. Trading stocks and ETFs is commission-free, but other fees may apply.

What kind of accounts can I open with SoFi?

You can open a SoFi Checking Account and a SoFi Savings Account. The app also facilitates cryptocurrency trading and allows for stock and ETF investing. Additionally, it offers tools for loan pre-qualification and credit score monitoring.

How does SoFi protect my financial information?

The app employs bank-level encryption to protect personal and financial information, along with fraud alerts. It also provides instant notifications for suspicious account activity to ensure your money is safe. A financial support team is available seven days a week for assistance.