Unlike other institutions that offer lower interest rates and restrict access to your funds, Samsung Money by SoFi provides a higher rate without any limitations on accessing your money. Plus, there are no balance minimums, account fees, overdrafts, or monthly fees. We’re committed to passing more value to you and building Samsung Money by SoFi to succeed when our members succeed.
As of November 1, 2023 Samsung Money by SoFi members will earn 4.25% APY on all balances with no deposit requirements.