SoFi Checking & Savings vs Capital One 360 Checking
SoFi Checking & Savings returns more on the money it ties up, so it is the better first move for most people. Capital One 360 Checking still makes sense if its requirement is easier for you to meet.
| SoFi Checking & Savings | Capital One 360 Checking | |
|---|---|---|
| Bonus | $50 - $400 | $250 |
| Requirement | Direct deposit $1,000 for $50, or $5,000 for the full $400 within 25 days. | Two direct deposits of $500+ in 75 days. Code CHECKING250. |
| Direct deposit | Required | Required |
| Money tied up | None | None |
| Hold period | No hold | No hold |
| Effective APY | Not applicable | Not applicable |
| Payout | 2-4 weeks after DD posts | ~60 days |
| Last checked | Jul 5, 2026 | Jul 5, 2026 |