Best SoFi Alternatives (2026)
Looking for SoFi alternatives? Compare the top digital banks tools with ratings, pricing, and features.
By Itai Varochik
About SoFi
All-in-one fintech platform with banking, investing, loans, and financial planning.
Rating: 4/5 | Pricing: No fees
Top Alternatives
Ally Bank
Rating: 4.5/5 | Pricing: Free (no monthly fees)
Online-only bank with high-yield savings, no fees, and excellent customer service.
Chime
Rating: 4.2/5 | Pricing: No fees
Fee-free mobile banking with early direct deposit and automatic savings.
Current
Rating: 4.1/5 | Pricing: Free / Premium $4.99/mo
Mobile banking platform with early direct deposit and cashback rewards.
Varo
Rating: 4/5 | Pricing: Free (no monthly fees)
FDIC-insured neobank with high-yield savings and no-fee checking.
Frequently Asked Questions
Why look for SoFi alternatives?
While SoFi is a solid digital banks tool, you might want alternatives for different pricing, features, or use cases. We've tested the top competitors to help you find the best fit.
What's the best free alternative to SoFi?
Ally Bank offers a free plan and is a strong alternative to SoFi.
How do we select these alternatives?
We test each digital banks tool hands-on, evaluating features, pricing, ease of use, and customer support. Alternatives are ranked by overall score.