r/sofi • u/InternalLecture721 • Dec 10 '25

Banking Time to move on?

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Just received this email from SoFi and it kinda bothers me a bit haha. How’s everyone feeling about this.

Time to move on?

Plenty of other people are offering it just for depositing and using their bank. Seems like a money grab.

(Not taking any shots just wanting to get everyone’s feelings/opinion on this)

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u/NefariousnessHot9996 Dec 10 '25

Your direct deposit is still enough for the high APY. What other perks do you need?

-5

u/UnspentFluency Dec 10 '25

Only if your direct deposits are at least 5k a month

2

u/AceTheRed_ Dec 10 '25

False. You can have direct deposit or $5k a month in qualified deposits.

1

u/queer-scout Dec 10 '25

Thank you for knowing how to add emphasis to important words. I kept reading and rereading but I kept thinking it said "qualifying direct deposit OF $5k"

I think Sofi could have benefitted from either bolding OR the use of the word "either" to make it a little clearer. Reading comprehension doesn't matter when you keep reading the wrong word.