As of July 28, 2026, high-yield savings accounts are offering competitive rates up to 4.50% APY, reflecting the Federal Reserve's decision to hold interest rates steady. This rate stability benefits savers by providing a reliable return on cash held in these accounts, which are FDIC insured and offer liquidity. Several banks, including SoFi, Raisin, and CIT, feature promotional rates and bonuses to attract new customers. Savers are encouraged to act before any future Fed rate changes, as these accounts offer a safe and accessible way to grow savings with compound interest.
SoFi reported strong growth in cross-selling, with existing members accounting for 51% of new products in Q2, up from 35% a year earlier. The company added a record 1.1 million members and 2.2 million products, increasing products per member to 1.54....
SoFi Technologies reported Q2 2026 revenue of $1.20 billion and adjusted EPS of $0.12, both surpassing Wall Street expectations. The company grew its member base by 35% to 15.8 million and expanded total products by 42%, highlighting strong customer ...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
SoFi Technologies is rated 'Strong Buy' with a fair value estimate between $22 and $26, highlighting its undervaluation compared to peers despite strong book value growth. The company's tech-driven banking model supports high product growth per membe...
SoFi is expanding beyond its lending business by introducing new products like an AI investment platform, stablecoins, and financial planning tools. While Q1 debit spending rose, driven by tax refunds and rebounds in travel and dining, overall consum...
