Fitness Bank vs. SoFi Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
4.75%APYDec 17, 2025FDIC InsuredChecking BundleLow MinimumsShow Fine Print & Trends Hide Details
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
SoFi Bank
SoFi Savings
Up to4.30%APYDec 17, 2025FDIC InsuredChecking BundleNo MinimumsGreat iOS AppRange: 3.60% – 4.30%Show Fine Print & Trends Hide Details
SoFi Bank
SoFi Savings
Comparison Analysis
Comparing Fitness Bank vs. SoFi Bank
As of Fitness Bank offers an APY of 4.75% for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100, compared to SoFi Bank's 4.30% APY for its SoFi Savings account, with a minimum balance of $0.
Fitness Bank pays $80 more than SoFi Bank on a $10,000 balance after one year. Fitness Bank pays $475, while SoFi Bank pays $395 (with an effective APY of 3.95%) - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account, with a minimum balance of $100.
Why Fitness Bank?
- ✓Higher potential APY (4.45%-4.75% vs 4.30%) on all balances
- ✓Offers 2 different high-yield savings options
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
- ✓Higher rated iOS app (4.8 vs 1.7)
— Key Feature Differences —
Better Returns at $10,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $475 vs $395/yr).
Better Returns at $25,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1188 vs $988/yr).
Best for Simplicity
Fitness BankFitness Bank's Fitness Savings Account offers 4.45% APY with no bundling, direct deposit requirement or caps.
Requires Banking Relationship
Both banks require a checking account bundle to access their highest rates.
Shared Benefits
Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $80 more interest on a $10,000 balance than SoFi Bank's SoFi Savings.
*This comparison accounts for SoFi Bank's introductory promotional rate, yet Fitness Bank's standard rate still yields a higher 1-year return.
Executive Summary
Fitness Bank offers a competitive Fitness Elite Checking & Fitness Savings Combo with an APY of 4.75%, making it the highest-yielding product between the two banks. To achieve this rate, customers must meet specific conditions, including maintaining a $5,000 average balance and completing 15 debit card transactions each account period. In contrast, SoFi Bank provides a SoFi Savings account with a lower APY of 4.30%, which includes a temporary boost and is available without a minimum deposit or maintenance fee, but requires a subscription fee if direct deposit is not used. Both banks operate online only.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Looking for Simplicity?
Don't want a checking bundle? We track many high-yield banks that offer competitive rates without checking requirements.
Fitness Bank vs. SoFi Bank Savings Calculator
You earn $80.1 more with Fitness 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.
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Savings Breakdown
- Interest Earned+$475.00(4.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,475.00
SoFi Bank
SoFi Savings
Promo Rate: 4.30% for 6 months, then 3.60%.
Savings Breakdown
- Interest Earned+$394.90(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,394.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Top Market Contenders
See who beats both Fitness Bank and SoFi Bank.
| Feature | Fitness Bank | SoFi Bank |
|---|---|---|
| APY | 4.75% Verified: 12/17/2025 Stable (90d) | 4.30% Range: 3.60% - 4.30% Verified: 12/17/2025 ↘︎ 0.20%90d Change |
| Product Name | Fitness Elite Checking & Fitness Savings Combo | SoFi Savings |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $100 | $0 |
| Monthly Fee | $10. Waived for average daily balances > $100 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | While direct deposit is not required, the alternative is a subscription fee of $10/month |
| Checking Bundle | Yes | Yes |
| Mobile Apps | iOS1.7 Android0.0 | iOS4.8 Android3.9 |
| BBB Rating | A+ | A+ |
| Important Notes | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | Limited offer: The 4.30% 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 |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Fitness Bank | SoFi Bank | |
|---|---|---|---|
| Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | SoFi Savings | |
Current APY | 4.75% | 4.45% | 4.30% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.9 | -1.6 | 8.9 |
Days Since Change | 105 | 105 | 35 |
9-Month High | 5.00% | 4.55% | 4.50% |
9-Month Low | 4.75% | 4.45% | 3.80% |
Adjustments / Mo | 0.22 | 0.22 | 0.22 |
Volatility Score | 0.024 | 0.011 | 0.076 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Fitness Bank vs...
Comparing against other Bundled Accounts
Compare SoFi Bank vs...
Comparing against other Bundled Accounts
Simpler Options (No Bundles)
Looking for something different? Check out these top-rated alternatives.