Direct depositing your paycheck into a bank account saves you time. You won’t need to worry about cashing a paper check or spending time visiting a financial institution to deposit your earnings.

Amanda has written in the personal finance space for several years and previously worked as a risk analyst at a local community bank. She researches economics, emerging financial trends and the future ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...