How Do I Increase My Spending on SoFi?

If you want to take advantage of SoFi's investing tools, you need to know how to fund your SoFi Invest account. To do so, you link your Invest account to your bank account. Then you can make online transfers to your Invest account using the SoFi transfer tool. You can also fund the account with a wire transfer from your bank.

Adam Goldkamp is the editor / author responsible for this content.
Sep 12, 2022

SoFi offers a variety of online investment tools to its clients, making it easy for them get started making money with stocks, options, and crypto. So if you want to get into investing with SoFi, you need to know how to fund your SoFi Invest account, so you can start spending more on its investment services. Keep reading to learn more.

Linking Your Bank and SoFi Accounts

Whether you have a SoFi Active Invest account or a SoFi Auto Invest account, you can fund it via online transfer from your bank account, but you need to link the accounts first. To link either type of Invest account with your bank account, just follow these instructions:

  1. Go to the SoFi website.
  2. Sign into your account.
  3. Tap on Add Cash.
  4. Tap on either the From or To fields.
  5. Tap on Add New Account. This will redirect you to a third-party website to link the accounts.
  6. Tap on Continue.
  7. Find and select your bank from the list.
  8. Answer any questions you are asked and follow any instructions you are given to finish the process.

How To Transfer Money to Your SoFi Invest Account Online

You can initiate an online transfer from your bank by following these instructions:

  1. Go to your SoFi Invest account page.
  2. Tap on Transfer in the account management list.
  3. Enter the amount of money that you want to transfer.
  4. Tap on the From field.
  5. Find and select your linked bank account.
  6. Tap on the To field.
  7. Find and select your SoFi Invest account.
  8. Submit the transfer and confirm it.

Your SoFi Invest account will receive the money within three business days.

How To Wire Money to Your SoFi Invest Account

You can also fund your SoFi Invest account by wire transfer. To make a wire transfer, contact your bank and ask for help sending a wire transfer to your SoFi account. Give your bank this information:

SoFi's Account number: 3713286

SoFi Address: BMO/Harris Bank
111 West Monroe St., 9th Floor
Chicago, IL 60603

FBO: Apex Clearing Corp.

SoFi's ABA number: 071000288

FCC information: Your name and your SoFi Invest account number.

Your SoFi Invest account will get the money within 2 business days.

SoFi doesn't let you make 3rd party wire transfers or international wire transfers. All wire transfers to SoFi accounts must be made using U.S. dollars.

Contacting SoFi

If you need any help with the transfer, you can call a SoFi customer support representative for assistance. There is no way to contact one online.

Further questions?

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.

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