[Update: Targeted Bonus Offer] SoFi Receives Regulatory Approval To Be Nationwide Bank, Will Offer 1% APY

Written by William Charles @ Doctor Of Credit

(Update 2/15/22: As part of promoting this new 1% account, some people are getting an email with an offer for $100 bonus along with the new 1% rate when upgrading to an account with direct deposit. Others are getting an email offer with $25 for a new account signup with direct deposit. Hat tip to […]

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SoFi Receives Regulatory Approval To Be Nationwide Bank, Will Offer 1% APY

Written by William Charles @ Doctor Of Credit

SoFi has sent out an e-mail to existing customers stating they have received regulatory approval to be a nationwide bank. Traditionally fintechs such as SoFi partner with a traditional bank to offer financial products. SoFi Money will offer 1% APY when you upgrade to SoFi Checking and Savings and receive a direct deposit. Similar to […]

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