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SoFi Reviews

User Rating

4.9/5 (Based on 15 Ratings)

Rating Distribution

  • Excellent

    93.3%
  • Very Good

    6.7%
  • Average

    0%
  • Poor

    0%
  • Terrible

    0%

Do You Use SoFi?

Write a Review
Reviews
SP

Suzan P

January 4, 2024 Source: G2.com
Sofi Review
What do you like best about Sofi?
I really like how I can manage everything inside of Sofi! I'm new to using it, but I seriously like it a lot. I have trade options, I can track my main bank account and spending in Sofi, and I LOVE that right when I go into my app, all I have to do to see my credit score in real-time, is scroll down, and there it is, updated without me having to do anything. Not only this, but Sofi gives you actual literal cash money as an incentive to do different activities in the app, so it's like a fun activity while you're literally managing your money!
What do you dislike about Sofi?
The only thing I dislike, is how busy and complicated the trade and investment portion of the app is. I wish it was laid out much more organized, and easier to use.
Recommendations to others considering Sofi?
I highly recommend using the Sofi money account. I like using it as almost a 'hub' for all of my other accounts, including my business checking and my personal checking and savings. I have everything come through SoFi first. Also, a quick note, Sofi can track your spending and saving habits (in live time) from your external accounts of your choosing as well, so this is a huge help!
What problems is Sofi solving and how is that benefiting you?
I'm solving the huge issue of keeping track of my money, and all of my accounts. I started using Sofi to keep track of everything, and now I feel like I finally have control over all of my accounts because I have it all in one place, so I don't have to worry.
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CB

Caleb B

February 7, 2023 Source: G2.com
Sofi is Internet Banking I Actually Want
What do you like best about Sofi?
I like the combined ease of use, investment management, loan management and relay financial insights all in one location. It's nice to be able to quickly and easily move money where I need it most and see how it's being used month over month
What do you dislike about Sofi?
It still doesn't connect successfully to my mortgage or apple credit card which would be an added benefit to see the full financial picture at my disposal and sometimes the app can be glitchy.
What problems is Sofi solving and how is that benefiting you?
It's allowing me to manage my money and assets entirely from my phone. I can even use it to monitor my investing and budgeting for the month. I also like the gamification features to encourage saving. the APY returns are also out of this world compared to other banks.
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VS

Verified User in Financial Services

November 22, 2022 Source: G2.com
Amazing online bank, better than others
What do you like best about Sofi?
What I like best about Sofi is that they try to educate their user base with financial articles and pages. They clearly do not want to prey on their users, which is something that banks often do.
What do you dislike about Sofi?
What I dislike about Sofi is that it isn't so easy or intuitive to send money to other people or transfer your own money to other bank accounts. They unfortunately make it so that it's easier if you are transferring to another Sofi account.
What problems is Sofi solving and how is that benefiting you?
Sofi is solving the problem of storing my money securely in an account with a high interest rate. The interest rate for checking and savings is exorbitantly high compared to other banks.
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VB

Verified User in Investment Banking

March 25, 2022 Source: G2.com
one of the best finance app i have ever used.
What do you like best about Sofi?
the best thing that i have liked about this app is I get all the financial services on a single platform, now i don't need to install and create an account on a different application.......
What do you dislike about Sofi?
Support could be better and quicker. the team should work on the UI as well it is quite confusing for the new users. rest is amazing.
What problems is Sofi solving and how is that benefiting you?
Now i don't need to create an account with the various application for different services since i am getting all the services on a single platform. This saves my team and storage space. Less stressful to manage all finance now.
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RB

Ridham B

March 23, 2022 Source: G2.com
Benefits are the easy and simple user interface of both app and website was to good Most suitable and user friendly.
What do you like best about Sofi?
The thing I like about is that they provide loans and credit cards very easily by uploading docs on their website and the staff is also very good site is very hassle free too.
What do you dislike about Sofi?
The downside of sofi is about they don't take guarantee about the things the thing take a long time to verify and the membership part was not very beneficial to the user
What problems is Sofi solving and how is that benefiting you?
The problem i solved by is the need for sone loan and investing in ipo's was very simple.
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JM

Javed M

March 23, 2022 Source: G2.com
Best for loan 👍
What do you like best about Sofi?
I really liked SoFi as it offers very low interest loan. Which is a very good thing.And I found it very safe as compared to others and I got loan very easily and I received it very quickly 👍
What do you dislike about Sofi?
Well, I didn't see anything wrong with it. Everything was fine, it is much better than the others for the loan..There was some problem in just starting. The website was running a little slow, the server is a little slow but that too was fixed in a while.
Recommendations to others considering Sofi?
You won't regret seeing him
What problems is Sofi solving and how is that benefiting you?
Actually I wanted a home loan. I got married just a few years ago.We saw a very nice house which we had to take but we were not able to take it due to lack of money But then Sofi gave us a loan and then we were able to get the house of our dreams.
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SK

Sandhya K

March 23, 2022 Source: G2.com
Most useful social finance platform
What do you like best about Sofi?
The best thing I like about is that they cover all the medical and personal finance things in one whole infrastructure. and the best part is about they had added crypto in their site too.
What do you dislike about Sofi?
The thing is dislike is that do not approve their loans on an urgent basis. and the payment gateway of this site does not work properly. and customer care was not so supoortive.
What problems is Sofi solving and how is that benefiting you?
They are very helpful in providing me with the educational loan on an urgent basis. and benefits is that they have separate crypto and IPO section in their app and website respectively.
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AS

Arjun S

March 22, 2022 Source: G2.com
Now i don't keep different apps for different use One of the best finance App i have ever used personally
What do you like best about Sofi?
Getting all the solutions at a single platform is the best thing.
What do you dislike about Sofi?
User Interface could be better as it gets complicated for the first time user. Once the user keep using the app for a week they get used to it.
What problems is Sofi solving and how is that benefiting you?
I have realized that it is less stressful and more convenient to get all the finance updates on a single platform,
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DH

DeDrean H

January 22, 2022 Source: G2.com
Best decision
What do you like best about Sofi?
How easy it was to apply and get approved.
What do you dislike about Sofi?
There was nothing that I didn't like about this company.
Recommendations to others considering Sofi?
Try it you won't be disappointed.
What problems is Sofi solving and how is that benefiting you?
I am helping get my credit together and build wealth.
Read more
VE

Verified User in Real Estate

November 30, 2021 Source: G2.com
Ability to not worry about overdraft charges! A simple way to handle financial accounts! Great Online Banking and more option!
What do you like best about Sofi?
Sofi offers a lot to its customers. They offer investing and different ways to save money. They have helpful information so you can learn a lot as well. I love that they don't do overage chargers and they are really easy to work with.
What do you dislike about Sofi?
I think to keep up with the others they need to offer a insta cash or cash advance to its customers.
Recommendations to others considering Sofi?
That's one thing they lack that many others are starting now.
What problems is Sofi solving and how is that benefiting you?
Online banking and investing needs!
Read more

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