Does SoFi count as direct deposit? Bank by bank (2026)
Good as a sender, but STRICT as a receiver in 2026.
Type: Fintech
Confirmed working at 11 banks, mixed at 4, fails at 1.
Bank by bank
Sorted works first, then mixed, then fails. Each bank name links to its review, where you can see the offer's full requirements.
| Bank | Verdict | Reports |
|---|---|---|
| Chase | Works | 4 member reports of it working, 8 reports of it failing, last confirmed Apr 2026. |
| U.S. Bank | Works | 26 member reports of it working, 4 reports of it failing, last confirmed Sep 2026. |
| Bank of America | Works | 39 member reports of it working, 13 reports of it failing, last confirmed Sep 2026. |
| Citi | Works | 24 member reports of it working, 4 reports of it failing, last confirmed Jan 2026. |
| Capital One 360 | Works | 10 member reports of it working, 2 reports of it failing, last confirmed Feb 2026. |
| Wells Fargo | Works | — |
| Truist | Works | — |
| KeyBank | Works | 6 member reports of it working, last confirmed May 2026. |
| Regions | Works | — |
| Connexus Credit Union | Works | — |
| Consumers Credit Union (Illinois) | Works | — |
| Citizens Bank | Mixed | 2 member reports of it working, last confirmed Jul 2026. |
| Fifth Third | Mixed | 5 member reports of it working, last confirmed Aug 2026. |
| M&T Bank | Mixed | 13 member reports of it working, last confirmed Mar 2025. |
| USAA | Mixed | 1 member report of it working, 2 reports of it failing, last confirmed Jun 2026. |
| SoFi | Fails | — |
How to set it up
Good as a sender, but STRICT as a receiver in 2026.
Send at least the offer's stated minimum, a little early in your bonus window. Standard ACH takes 1 to 3 business days to settle, so you want time left over to switch to real payroll if this push does not register as a direct deposit.