Latest SoFi Bank Interest Rates - September 2026

SoFi Bank Interest Rates & Loan Products Overview

Quick Summary: Comprehensive review of current retail interest rates, high-yield deposit yields, and consumer credit products provided by SoFi Bank, N.A. (SOFI):

Key Benchmark & Deposit Solutions:

• Reference Prime Rate: Standing at 6.75%, indexing variable-rate borrowing, credit card APRs, and revolving credit facilities.
• High-Yield Checking & Savings: SoFi Checking and Savings earns up to 4.00% APY on savings balances with eligible direct deposit or $5,000 monthly qualifying deposits (plus limited-time promotional boosts up to 4.50% APY for SoFi Plus members). SoFi utilizes automated savings "Vaults" in place of traditional term Certificates of Deposit (CDs), which SoFi does not originate.

Consumer Loans & Retail Financing:

• Mortgage Loans: Standard 30-Year Fixed home purchase rates start from 6.375% (approx. 6.593% APR), alongside 10-Year (5.875%), 15-Year (5.750%), and 20-Year (6.000%) fixed-rate terms with loan terms up to 30 years and zero prepayment penalties.
• Unsecured Personal Loans: Fixed APRs range from 6.99% to 35.49% for borrowing amounts between $5,000 and $100,000 with repayment terms from 2 to 7 years (rates reflect a 0.25% AutoPay discount and a 0.25% direct deposit reduction).
• Auto Financing: SoFi does not directly originate direct auto loans, operating primarily through partner marketplaces and refinance platforms.
• Credit Cards: The SoFi Credit Card features variable purchase APRs starting at 19.99% (scaling to 29.99% based on creditworthiness) with a 25-day grace period and up to 2%–3% cash-back rewards.

💡 Financial Tip: To unlock the highest savings APY and preferred personal loan rate discounts, active direct deposit or qualifying recurring account transfers must be linked to your SoFi Checking and Savings account.