Checking Account Security

Keeping your bank account safe is our priority.

Keep your money safe in a SoFi Checking and Savings account, with additional FDIC insurance up to $2M on deposits. Plus, you can earn up to 4.00% APY* with zero account fees.

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Security awards mean one thing.

You're getting really, really well-protected banking.

motley fool best safest bank award winner
motley fool best safest bank award winner

Banking that's got your back.

We care about your online bank security. That’s why we designed SoFi Checking and Savings to give you full visibility and control of your money. You can monitor your account 24/7 and instantly freeze your debit card online or via the SoFi app.

Additional FDIC Insurance.

Additional FDIC insurance up to $2M is available through a network of participating banks. Learn more.

Keep your account secure with two-factor authentication.

We’ll ask for a security code, fingerprint, or face recognition as extra verification when you sign in–keeping your account and identity secure.

Protect your account with 24/7 monitoring

Protect your accounts from fraud with around-the-clock monitoring and the ability to freeze your debit or credit card instantly in the SoFi app.

Receive real-time alerts to stay in the know.

SoFi allows you to receive instant transaction alerts anytime you use your debit card. Turn on daily notifications so you always know what’s happening with your money.

Plus, get peace of mind by adding beneficiaries.

Choose who inherits your banking balances by adding up to five primary and five secondary beneficiaries to your checking and savings account.

FAQs

At SoFi, information security is our top priority. We offer SSL encryption, fraud protection, and FDIC insurance up to $2 million (8x the national standard) when you enroll in the SoFi Insured Deposits Program. Plus, biometric login and two-factor authentication provide additional security.
From avoiding public wifi to using unique passwords, there are lots of ways you can help keep your bank information safe.
2FA is an increasingly common security measure to help keep sensitive data secure. When you log in to an account, you need to provide two pieces of unique information, such as:

• Your password or security questions
• A passcode sent to your email address or phone
• Your fingerprint or face for identification

We take banking security seriously, which is why we have 2FA in place for all SoFi Checking and Savings accounts.
Biometric login is when you use a physical feature—typically either your fingerprint or face—to log in to your account. With SoFi Checking and Savings, you can use your fingerprint or face to verify your identity when logging in to your account.
If you're concerned about any suspicious activity on your SoFi bank account, contact us at 844-945-SOFI (7634) and choose option 8. We're here to help.
Yes. All SoFi Checking and Savings accounts are FDIC insured up to $250,000 per member (joint accounts are insured up to $500,000).^  In addition, FDIC insurance of up to $2 million is available by enrolling in the SoFi Insured Deposits Program at no cost. 

Explore other online banking features:

Mobile Banking

Zelle®

Transfers

Online Bill Pay

Mobile Check Deposit

Automatic Saving Tools

We've got you covered.

From fraud protection to banking security, SoFi Checking and Savings ensures your money is safe. 

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