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CDs vs Savings Accounts Compared

CDs vs Savings Accounts Compared

https://www.sofi.com/learn/content/certificate-of-deposit-vs-savings-account/

…you can enjoy higher earnings as rates climb. That wouldn’t be the case if you locked in to a fixed-rate CD. How to Open a CD To open a CD,…


Are Bank Bonuses Worth It?

Are Bank Bonuses Worth It?

https://www.sofi.com/learn/content/are-bank-account-bonuses-worth-it/

When researching new bank accounts, you may find some that offer sign-up bonuses — free cash for opening an account and depositing some money — and wonder if it’s worthwhile….


Guide to Opening a Certificate of Deposit (CD) Account for Your Child

Guide to Opening a Certificate of Deposit (CD) Account for Your Child

https://www.sofi.com/learn/content/how-to-open-a-certificate-of-deposit-account-for-your-child/

…can offer minimal but steady growth for a period of years. An adult can open a custodial account for a child who will assume management of the CD account when…


Credit Freeze vs. Credit Lock: What Is the Difference?

Credit Freeze vs. Credit Lock: What Is the Difference?

https://www.sofi.com/learn/content/difference-between-credit-freeze-and-credit-lock/

…level of protection. Key Points •   A credit freeze is a free service that blocks access to your credit report, making it harder for identity thieves to open new accounts…


The Pros and Cons of a Roth IRA

The Pros and Cons of a Roth IRA

https://www.sofi.com/learn/content/roth-ira-pros-and-cons/

…Roth IRA in addition to a 401(k) or other workplace retirement savings plan. You could also open a Roth IRA to help save for retirement if you don’t have access…


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