Climate First Bank vs. SoFi Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Climate First BankSuper Duper Savings Account Jan 21, 2026 | SoFi BankSoFi Savings Jan 21, 2026 |
|---|---|---|
| APY | 4.21% | 3.30% - 4.00% |
Est. Earnings | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$183 $10,000+$365 $25,000+$913 |
Min Deposit | $50 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Limited offer: The 4.00% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY. |
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppZelle® SupportedChecking Bundle |
Comparison Analysis
Comparing Climate First Bank vs. SoFi Bank
As of Climate First Bank offers an APY of 4.21% for its Super Duper Savings Account, with a minimum balance of $0, compared to SoFi Bank's 4.00% APY for its SoFi Savings account, with a minimum balance of $0.
Climate First Bank pays $56 more than SoFi Bank on a $10,000 balance after one year. Climate First Bank pays $421, while SoFi Bank pays $365 (with an effective APY of 3.65%) - an APY advantage for Climate First Bank.
Why Climate First Bank?
- ✓Higher potential APY (4.21% vs 4.00%) on all balances
- ✓No checking account or direct deposit required
- ✓Physical branch access (3 locations in Florida (St. Petersburg, Mount Dora, Winter Park), and one coming soon in Orlando, FL)
- ✓Higher rated Android app (4.4 vs 3.9)
Why SoFi Bank?
- ✓Earn a $50 bonus with $1,000+ in direct deposits, or $300 with $5,000+.
- ✓Earn 0.50% APY on checking account with access to 55,000+ fee free ATMs
— Key Feature Differences —
Better Returns at $10,000
Climate First BankClimate First Bank's Super Duper Savings Account earns more on smaller deposits (approx. $421 vs $365/yr).
Better Returns at $25,000
Climate First BankClimate First Bank's Super Duper Savings Account pulls ahead with larger amounts (approx. $1053 vs $913/yr).
Best for Simplicity
Climate First BankClimate First Bank's Super Duper Savings Account offers 4.21% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Climate First BankClimate First Bank offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 4.4 (vs. 3.9)
Shared Benefits
Over a 1-year period, Climate First Bank's Super Duper Savings Account pays $56 more interest on a $10,000 balance than SoFi Bank's SoFi Savings.
*This comparison accounts for SoFi Bank's introductory promotional rate, yet Climate First Bank's standard rate still yields a higher 1-year return.
Executive Summary as of
Climate First Bank offers a competitive Super Duper Savings Account with a 4.21% APY, making it the clear winner in this comparison. This account has no direct deposit requirement and no maintenance fees if electronic statements are selected. In contrast, SoFi Bank's savings account provides a slightly lower APY of 4.00%, which includes a temporary boost, but requires a subscription fee of $10/month if direct deposit is not used. SoFi's account also comes bundled with a checking account yielding 0.50% APY, but it is online-only. Overall, Climate First Bank's offering is better for those seeking higher returns without additional conditions.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Climate First Bank vs. SoFi Bank Savings Calculator
You earn $56.1 more with Climate First Bank than SoFi Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Climate First Bank
Super Duper Savings Account
Savings Breakdown
- Interest Earned+$421.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,421.00
SoFi Bank
SoFi Savings
Promo Rate: 4.00% for 6 months, then 3.30%.
Savings Breakdown
- Interest Earned+$364.90(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,364.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Climate First Bank | SoFi Bank |
|---|---|---|
| APY | 4.21% Verified: 1/21/2026 - | 4.00% Range: 3.30% - 4.00% Verified: 1/21/2026 ↘︎ 0.50%90d Change |
| Product Name | Super Duper Savings Account | SoFi Savings |
| Minimum Deposit | $50 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0, if electronic statements selected, otherwise $5 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | While direct deposit is not required, the alternative is a subscription fee of $10/month |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.4 | iOS4.8 Android3.9 |
| Zelle® Support | Available Verified in Climate First Bank Personal app. | Available Native support added in 2024 for banking members. |
| BBB Rating | A- | A+ |
| Important Notes | - | Limited offer: The 4.00% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY. |
| Next Steps | Visit SiteVerify at Climate First Bank Non-sponsored link to official site | Visit SiteVerify at SoFi Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Climate First Bank | SoFi Bank |
|---|---|---|
| Super Duper Savings Account | SoFi Savings | |
Current APY | 4.21% | 4.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -23.6 |
Days Since Change | 56 | 29 |
2-Month High | 4.21% | 4.30% |
2-Month Low | 4.21% | 4.00% |
Adjustments / Mo | 0.00 | 0.53 |
Volatility Score | 0.000 | 0.036 |
How to read these metrics(Click to expand)
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