SoFi is an Android application that offers a comprehensive financial platform. With its help, you will get access to an extensive selection of banking and investing services.
Banking
This is a mobile application that offers banking and investing services to its users. It provides a range of features, such as fee-free ATM access at thousands of locations and early availability of direct deposits. There is also a high-yield interest rate on checking and savings accounts. Moreover, you can pay bills, send money, and monitor your credit score at no cost.
SoFi offers tools to help you manage your funds, such as recurring payments’ reminders and spending insights. Thus, making it easy for you to keep track of your financial health and goals. The utility also allows you to issue a credit card with unlimited cashback rewards.
Investing
In terms of investing, the app provides a user-friendly trading platform that allows users to buy and sell options online. Similar to MoneyLion, SoFi has zero-commission trades on stocks, ETFs, and IPOs. You can also receive up to a thousand dollars in free stock when you fund a SoFi Invest account.
Moreover, the utility offers retirement products, such as IRAs. It also encourages users to automate their investing with no management fees.
Features
- provides a comprehensive set of financial services;
- you can manage your bank account;
- there are various investing opportunities;
- app is free to download and use;
- compatible with current Android versions.