Money Rehab with Nicole Lapin · Monday, August 10, 2026
A promotional segment highlights SoFi's high-yield checking and savings accounts, stating they offer up to eight times the national average savings rate with an eligible direct deposit. The segment contrasts this with traditional banks offering less than 0.1% APY.
“You can make your money work harder for you by opening a SoFi high-yield checking and savings account. Most traditional banks give you less than 0.1% API on your savings. That's literally pennies. But with SoFi, you can earn up to eight times the national average savings rate with an eligible direct deposit.”
“If you put $5,000 into a savings account with a 0.1% API after six months, you'll earn about $2.50. But if you put that same $5,000 into a SoFi high-yield checking and savings account, you could earn almost $200 bucks.”