SoFi doesn’t have physical branch locations but provides a well-designed user experience ... SoFi Bank N.A. is a real bank. In January 2022, SoFi was conditionally approved by federal ...

SoFi also offers a good checking account bonus of up to $300. To qualify, you’ll need to have a total of at least $5,000 in direct deposits within the first 25 days of having your account.

SoFi offers high yields and no fees but lacks branches, while Chase provides extensive physical presence but charges fees and pays minimal interest. SoFi vs. Chase: I tried both banks — here's ...