SOFI Banking · Cloud Residents

SOFI Banking

I recently enrolled for Banking for Sofi.

Reason to enroll in longterm

Sofi has 2% Cash Back Credit cards with no FTF. This is highest benefit I can think with no FTF credit card (all transaction). I am not yet enrollled to CC but journey starts.

Some Key Highlights

Call Customer and update your profile before applying the bank account . US Address / SSN OR ITIN / Non residential status / US Phone number are key requirements. They do early warning check so its important to note. I was rejected in Dec 2025 once
They did not aks for Address proof or any other document as part account opening.
US IP address with stricly (no VPN) , I used Redpocket IP mobile data.
After account was opened I changed my mailing address (only mailing address not legal address) to pvt US mailing address.
They have despatched Debit card to my Mailing address. (edit : They despatched the debit card to Permanent / Legal address )
Excellent App. I will fund now through ACH from other banks which are connected
Transunioin Score is visible.
I can see balance (incl Credit card transactions) from other banks like AMEX , CAP1 and BOFA. A wholesome decent dashboard which gives entire cash available in all banks.
I have submitted W8BEN and status is non resident alien (from taxation point of view as they will raise 1042S instead of 1099 INT now) but they donot allow foreign addres on profile (which was part of W8BEN) as BOFA does.
If any one can suggest easy Sign up bonus method, I donot have LLC's / Business account.