AWARD WINNER Best Online Checking SoFi Checking & Savings - Earn Up to $400 When You Set Up Direct Deposit Limited-Time Offer: Earn a $50 or $400 bonus with eligible direct deposit and up to 3.80% APY on Savings (3.10% APY5 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more).