BrioDirect vs. SoFi Bank
BrioDirect's High-Yield Savings Account pays 3.75% APY while SoFi Bank's SoFi Savings pays 4.00% APY.
Note: SoFi Bank's SoFi Savings also needs a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? BrioDirect pays $20 more than SoFi Bank annually ($375 vs $355).
Choose BrioDirect if getting the best rate matters most, or you want a no-strings-attached account. Choose SoFi Bank if BBB rating matters to you.
Important Considerations
SoFi Bank's SoFi Savings pays its top rate only if you also open a checking account with SoFi Bank, while BrioDirect's High-Yield Savings Account stands alone.
| Metric | BrioDirectHigh-Yield Savings Account Sep 11, 2026 | SoFi BankSoFi Savings Sep 11, 2026 |
|---|---|---|
| APY | 3.75% | 3.10% - 4.00% |
Earns in a year | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$178 $10,000+$355 $25,000+$888 |
Min. Deposit | $5,000 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Limited offer: The stated APY 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 an interest-bearing checking account. |
| Features | FDIC InsuredMod. MinimumGreat iOS AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppZelle® SupportedDirect Deposit ReqChecking BundleDaily CompoundingRate Changes Often |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing BrioDirect vs. SoFi Bank
Executive Summary
BrioDirect offers a High-Yield Savings Account with a competitive APY of 3.75%, requiring a minimum deposit of $500,000 and a minimum balance of $2,500. This account is notable for its simplicity, as it has no direct deposit requirement or maintenance fees. In contrast, SoFi Bank's savings account provides a promotional APY of 4.00% for six months, but this rate requires eligible direct deposits or qualifying deposits of $5,000 or more within 31 days. The standard rate without qualifying activity is lower at 3.10%. While SoFi's promotional rate is higher, BrioDirect's account offers a straightforward approach 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.
Why BrioDirect?
- No checking account or direct deposit required
Why SoFi Bank?
- Earn a $50 bonus with $1,000+ in direct deposits, or $300 with $5,000+.
- Higher potential APY (4.00% vs 3.75%) for a duration of 6 months (requires checking bundle & direct deposit)
Key Feature Differences
Better Returns at $10,000
BrioDirectBrioDirect's High-Yield Savings Account earns more on smaller deposits (approx. $375 vs $355/yr).
Better Returns at $25,000
BrioDirectBrioDirect's High-Yield Savings Account pulls ahead with larger amounts (approx. $938 vs $888/yr).
Better for Simplicity
BrioDirectBrioDirect's High-Yield Savings Account offers 3.75% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, BrioDirect's High-Yield Savings Account pays $20 more interest on a $10,000 balance than SoFi Bank's SoFi Savings.
*This comparison accounts for SoFi Bank's introductory promotional rate, yet BrioDirect's standard rate still yields a higher 1-year return.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
BrioDirect vs. SoFi Bank Savings Calculator
You earn $20.1 more with BrioDirect 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.
BrioDirect
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
SoFi Bank
SoFi Savings
Savings Breakdown
- Interest Earned+$354.90(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,354.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $350 a year in interest.
Both BrioDirect and SoFi Bank advertise far more than that typical branch-bank rate.
| Feature | BrioDirect | SoFi Bank |
|---|---|---|
| APY | 3.75% Observed: 9/11/2026 Stable over 90 days | 4.00% Range: 3.10% - 4.00% Observed: 9/11/2026 0.20%90-day change |
| Product Name | High-Yield Savings Account | SoFi Savings |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | $25 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | Not reported | 4 (CA, UT) |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Accessed via the Webster Bank mobile app. | Available Native support added in 2024 for banking members. |
| BBB Rating | B | A+ |
| Important Notes | - | Limited offer: The stated APY 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 an interest-bearing checking account. |
| Next Steps | Visit SiteVerify at BrioDirect 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 | BrioDirect | SoFi Bank |
|---|---|---|
| High-Yield Savings Account | SoFi Savings | |
Current APY | 3.75% | 4.00% |
Trend | Stable | Stable |
Speed of change | -0.11 | -0.08 |
Days Since Change | 273 | 7 |
12-Month High | 4.30% | 4.50% |
12-Month Low | 3.75% | 3.80% |
Changes per month | 0.25 | 0.33 |
Steadiness | 0.050 | 0.049 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
Compare Similar Alternatives
Compare BrioDirect vs...
Comparing against Standard Savings
Compare SoFi Bank vs...
Comparing against other Bundled Accounts
More Comparisons
Compare BrioDirect's APY of 3.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| BrioDirect vs Ally Bank | 3.00% | $0 |
| BrioDirect vs American Express | 3.00% | $0 |
| BrioDirect vs Axos Bank | 4.21% | $0 |
| BrioDirect vs Barclays | 3.65% | $0 |
| BrioDirect vs Capital One | 3.50% | $0 |
| BrioDirect vs Chime | 3.75% | $0 |
| BrioDirect vs CIT Bank | 3.75% | $100 |
| BrioDirect vs EverBank | 3.90% | $0 |
| BrioDirect vs Marcus by Goldman Sachs | 3.40% | $0 |
| BrioDirect vs Newtek Bank | 4.20% | $100 |
| BrioDirect vs Openbank | 3.80% | $500 |
| BrioDirect vs Pibank | 4.10% | $0 |
| BrioDirect vs Synchrony Bank | 3.30% | $0 |
| BrioDirect vs Varo Bank | 3.75% | $0 |
| BrioDirect vs Wealthfront | 3.95% | $0 |