SoFi, a digital personal finance company, has been honored with three 2024 Best-Of Awards by NerdWallet. The awards recognize SoFi for the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance through its SoFi Checking & Savings product, as well as the Best Personal Loan Overall for SoFi Loans.
NerdWallet's evaluation process involved a team of experienced journalists and experts who assessed over 1,000 financial products using a comprehensive scoring formula. Kevin Yuann, Chief Business Officer at NerdWallet, stated, “Through our rigorous and objective evaluation process, we have selected SoFi as one of the best in banking and lending products.”
SoFi offers a range of financial services aimed at helping its members achieve financial independence. These services include borrowing, saving, spending, investing, and protecting money through various tools available on its app. The company operates across three business segments: Lending, Financial Services—including SoFi Checking and Savings—and Technology Platform.
NerdWallet provides consumers with financial guidance to make informed decisions about credit cards, mortgages, insurance, and more. The platform is accessible to users in the U.S., UK, and Canada.
For further details on NerdWallet’s 2024 Best-Of Awards winners or information about SoFi’s offerings, interested parties can visit their respective websites.