Sofi Reviews

Here are some alternatives to sofi.com:

1. Current: A fintech company with banking services backed by Choice Financial Group and Cross River Bank.
2. Varo: Known for cashback rewards.
3. Axos: Offers more checking options.
4. One Cash: Known for savings.
5. PNC: Offers in-person banking.
6. Discover: Known for more credit card options.
7. Ally Bank: Offers budgeting.
8. Greenlight: Known for kids’ banking.
9. TurnKey Lender: A global B2B SaaS company offering an AI-powered lending automation platform.
10. Sageworks Lending: A lending automation platform owned and operated by Abrigo.

These alternatives offer a variety of services, from all-in-one banking to cashback rewards, more checking options, savings, in-person banking, more credit card options, budgeting, kids’ banking, and lending automation platforms. Always check the latest information on their official websites.

To open an account on sofi.com, follow these steps:

1. Begin the SoFi Bank application by selecting 'Get started.'
2. Select the 'Checking and Savings' product.
3. Decide between Individual or Joint accounts.
4. Enter your physical address, and check the box to receive your SoFi debit card at the same address.
5. For security, complete the 'Two-factor authentication' steps: Enter your mobile phone number and select next. Once received, enter the six-digit code.
6. Enter your Social Security number or Individual Taxpayer Identification Number (ITIN).
7. Enter your date of birth.
8. Select your citizenship status: If you selected Green Cardholder or Non-permanent resident alien on the previous screen, you will be asked to select your 'Country of Citizenship.'
9. Select your Employment status: If you selected employed or self-employed on the previous screen, you will be asked to select your occupation from the dropdown. If you selected unemployed or retired on the previous screen, you will be asked to tell us about your source of funds via the dropdown.
10. Enter your annual income.
11. Read the legal disclaimer, check the box, and click 'Submit' to complete the application.

Once the account is opened, you can enjoy features like no account fees, 0.50% APY on checking balances, and access to 55,000+ ATMs. You can also get paid up to two days early once you enroll in the online checking account and sign up for direct deposit. Overdraft coverage with no fees is available with direct deposit of at least $1,000. You can also earn more with automatic roundups on all debit card purchases. All these features can be managed in the SoFi app.

Remember, these steps may vary and it's always a good idea to check the latest information on the official website.

When an item purchased with a SoFi debit card is returned, the refund process begins. Once the purchase has been reversed by the vendor, SoFi debit card transactions go through a settlement period of 5 business days. If the return transaction is successful, the refund is expected to post to the SoFi checking account after this settlement period.

In the case of a credit card returned payment, a fee is charged when a credit card payment made online, via phone, or check gets declined by the bank. This fee, known as a returned payment fee, can range from $25 to $40. The fee is typically included in the next credit card statement.

For student loan refunds, the borrower can contact the school’s financial aid office for details on returning the refund check. If the borrower chooses to keep the student loan refund check or misses the deadline to return it, there are still some next steps available to them.

Please note that these policies may vary and it's always a good idea to check the latest information on the official website.