SoFi

The SoFi app is a comprehensive financial platform designed to streamline personal and business financial management. It offers a range of services, including checking and savings accounts with competitive interest rates, especially for those who set up direct deposits. One of the standout features is the ability to create savings vaults, which allow users to organize their savings into separate sub-accounts for specific goals, such as emergency funds or vacations.

SoFi also provides investment tools, enabling users to engage in commission-free trading of stocks, options, and ETFs. The platform supports fractional share investing, making it accessible for new investors to diversify their portfolios. Additionally, SoFi offers personal and business loans, as well as insurance options, making it a one-stop-shop for various financial needs.

The app is user-friendly and accessible across multiple devices, allowing users to manage their finances seamlessly. It integrates well with other SoFi services, providing a holistic view of one's financial situation. SoFi's banking services are fee-free, with no monthly maintenance fees or minimum balance requirements, and offer access to a large network of fee-free ATMs. Overall, the SoFi app is designed to simplify financial management by offering a suite of integrated financial tools and services.