SoFi on Money Rehab with Nicole Lapin

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% APY on your savings. That's literal pennies. But with SoFi, you can earn up to eight times the national average savings rate with an eligible direct deposit. You make a lot of hard decisions about your money. This is an easy one. I'll even do the math for you. If you put $5,000 in a savings account with a 0.1% APY, 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. And that difference adds up over time. Plus, enjoy no account fees, no minimums, and a cash bonus up to $400 when you sign up with an eligible direct deposit of at least $1,000. They're Forbes' number one bank in the U.S. for a reason. Get started today at SoFi.com slash MNN, as in Money News Network. Terms apply. SoFi Bank, N.A., member FDIC and equal housing lender.