Checking or savings account -- Managing an account -- Complaint #11957365

Complaint Overview

Complaint ID: 11957365

Company: Sofi Technologies, INC.

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Georgia

ZIP Code: 30340

Date Received: 2025-02-05T12:00:00-05:00

Date Sent to Company: 2025-02-05T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I currently bank with SoFi Bank and I recently received a refund in the form of 2 checks from the government for a student loan. I tried to deposit my refund checks {$2700.00} and {$55.00} by mobile deposit on XX/XX/year> and was told my check XXXX were fraudulent and I was in violation of member service agreement. XXXX at no point in time asked me any additional information regarding verification of my identity or validity of the checks and decided to close my account XXXX is withholding my money and has given me no response to how I can withdraw what was in my account prior to the situation at hand

Frequently Asked Questions

What is Complaint #11957365 about?

Complaint #11957365 was filed against Sofi Technologies, INC. regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-02-05T12:00:00-05:00.

How did Sofi Technologies, INC. respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Sofi Technologies, INC.?

Yes, visit the Sofi Technologies, INC. company profile at readthecomplaint.com/company/sofi-technologies-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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