Drooid Logo
Back to today’s briefing

Story perspectives

SoFi Boosts Savings APY to 3.80% With Bonuses

8/14/2026

26 6 Full Breakdown

1 of 1

Story summary
  • SoFi gives new direct-deposit customers a $50 or $400 cash bonus and a 0.70% APY boost, raising the rate to 3.80% APY.
  • National average savings rate is 0.38% APY, while top online accounts pay 3.00%–4.00% APY, yielding $300-$400 per $10,000 annually.
  • Happen Bank LevelUp Savings offers 4.00% APY with a $250 monthly deposit.
  • American Express High Yield Savings provides 3.00% APY with no fees or minimum balance.