Sofi raises savings rate from 1% to 1.25%

Quick update; Last month, the Federal Reserve raised its benchmark interest rate by 0.25%. SoFi has followed after a delay. Now, their savings and checking accounts earn 1.25%. I hope that as the Fed raises rates, SoFi savings rates will go up too. This is a big win for savers, retirees, and anyone looking toContinue reading “Sofi raises savings rate from 1% to 1.25%”