Updated September 28, 2026 · VaultCue Editorial Team
Fio banka vs SoFi
Fio banka
Higher score in this comparison
SoFi
Fio banka vs SoFi: the differences
| Compare | Fio bankaReviewSee alternativesSee alternatives | SoFiReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | CZK 0 | $0 |
| Deposit protection | EU DGS up to EUR 100,000 | FDIC up to USD 250,000 |
| Local account details | IBAN | Us ACH |
| Transfer fee | Outgoing non-EUR 200 CZK (SHA/BEN) or 500 CZK (OUR); incoming non-EUR 100 CZK; EUR SEPA and CZ-SK EUR free; intra-group free | Outgoing domestic wire $30 per transfer; incoming wire $0 |
| Licence type | Not confirmed | Bank |
| Currency conversion fee | Not confirmed | 0% |
| Currencies | 14 | Not confirmed |
| Free ATM withdrawals | Not confirmed | $0 |
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Key differences
- Fio banka scores higher overall: 9.3 vs 8.7.
- Founded is lower at Fio banka: 1993 vs 2011.
- Fio banka is available in 1 more country.
- Local account details: only Fio banka offers IBAN.
- Local account details: only SoFi offers Us ACH.
- Support channels: only Fio banka offers Email, Phone, Chat.
- Features: only Fio banka offers Joint account.
Our verdict on each
Fio banka
Fio banka is a Czech personal and savings account for people who want no monthly charge and instant access to their money. It suits students, teens and savers who can bank in the Czech Republic, paying a variable rate of 3.5% on easy-access savings.
SoFi
SoFi suits US savers who want an online savings balance held beside their checking account, with deposits covered by FDIC up to USD 250,000 and a variable interest rate. Because it is an online-only direct bank, the savings balance is managed from your own screen rather than a branch counter.
Score breakdown
| Area | Fio banka | SoFi |
|---|---|---|
| Cost | 9.3HigherA monthly fee of CZK 0 on the personal account, with charges only on transfers outside the euro area. | 9.1Monthly fee $0 and currency conversion fee 0%, against site medians of €0 and 0.5%. |
| Offer | 9.4HigherA 3.5% variable savings rate, 14 currencies, free ATM use and joint accounts. | 8.1 |
| Trust | 9.3Higher | 8.8 |
How they place
| Ranking | Fio banka | SoFi |
|---|---|---|
| Savings accounts | 139 of 1420 | 537 of 1420 |
Where each is licensed and available
| Country | Fio banka | SoFi |
|---|---|---|
| Czechia | Not confirmed | |
| United States | Not confirmed | FDIC FDIC cert 26881 |
Additional countries for Fio banka: 2. Additional countries for SoFi: 1.
Where these facts come from
Fio banka
- fio.cz: 12 facts, checked September 26, 2026
SoFi
- en.wikipedia.org: 5 facts, checked September 26, 2026
- wealthvieu.com: 5 facts, checked September 26, 2026
- banks.data.fdic.gov: 3 facts, checked September 26, 2026
Every fact side by side
| Fact | Fio banka | SoFi |
|---|---|---|
| Audience | Student, Teen | Not confirmed |
| Pricing model | No monthly fee | No monthly fee |
| Features | Free ATM, Joint accountCovers more | Free ATM |
| Legal entity | Fio banka, a.s. | SoFi Bank, National Association |
| Headquarters | Czechia | United States |
| Founded | 1993Lower | 2011 |
| Support channels | Email, Phone, Chat, Help centreCovers more | Help centre |
Savings
| Fact | Fio banka | SoFi |
|---|---|---|
| Headline rate | 3.5% | Not confirmed |
| Rate type | Variable | Variable |
| Access terms | No notice period; funds may be transferred only to one external account, which can be changed free of charge | Online-only direct bank, no physical branches; SoFi Savings bundled with SoFi Checking |
| Account kind | Easy access | Easy access |
Where each stands against the rest
| Fact | Fio banka | SoFi | Median |
|---|---|---|---|
| Currency conversion fee | Not confirmed | 0%below the median | 0.5% |
| Currencies | 14above the median | Not confirmed | 5 |
| Free ATM withdrawals | Not confirmed | $0at the median | $0 |
Median across 536 listed accounts.
Pros and cons
Fio banka
Pros
- No monthly charge on the personal account, with a monthly fee of CZK 0
- A variable savings rate of 3.5% on an easy-access account, so there is no notice period to serve
- Free ATM withdrawals and joint accounts are both listed as account features
Cons
- The 3.5% savings rate is variable, so the return can move
- Transfers in currencies other than the euro carry a charge, unlike euro area SEPA and Czech to Slovak euro payments, which are free
- Savings can be transferred to one external account only, though that destination can be changed free of charge
SoFi
Pros
- Deposits sit under FDIC up to USD 250,000, and the bank is listed as FDIC cert 26881
- The savings rate is variable and the account kind is easy access, so you can draw money out without a fixed term
- Cash machine use is listed under free atm, with an allowance of $0
Cons
- Support runs on help centre only, so no phone or email channel appears in the list
- Wire transfers come with Outgoing domestic wire $30 per transfer; incoming wire $0, so moving larger sums to someone else is not free
- The rate is variable, so what you earn can fall as well as rise
Who each suits
Fio banka
Who it suits
- Students and teens in the Czech Republic who want a personal account with no monthly charge
- Anyone holding an easy-access savings balance who is comfortable with a variable rate
- People who mostly send and receive money in the euro area, where transfers are free
Who should look elsewhere
- Skrill, if you would rather hold a wallet balance than a supervised bank account with EU deposit protection
- eToro, if you are looking for somewhere to trade rather than a personal account paying 3.5% on savings
- PayPal Colombia, if your money needs to sit in a payment wallet rather than a Czech bank account with a joint account option
SoFi
Who it suits
- US residents who want savings and checking in a single place
- People who are happy to bank entirely online
- Savers who want a bank licence and insured deposits rather than a partner account
Who should look elsewhere
- XTB, if you hold UK pounds and want cover under FSCS up to GBP 85,000 rather than FDIC up to USD 250,000
- Plazo ES, whose fixed rate locks money away, when you would rather hold an easy access balance
- AXI Card Tarjeta y Credito, whose fixed rate suits readers who prefer a return locked for a set period
Country by country
| Country | Fio banka | SoFi |
|---|---|---|
| Czechia | Yes | No |
| Slovakia | Yes | No |
| United States | No | Yes |
Questions about each
Fio banka
Is there a monthly fee on a Fio banka personal account?+
The personal account carries a monthly fee of CZK 0, and most accounts compared here charge €0. Money movement is where charges appear: euro area SEPA and Czech to Slovak euro payments are free, while transfers in other currencies cost either the lower shared-charge rate or the higher rate when you cover the whole fee.
What interest does the Fio banka savings account pay?+
Savings pay a headline rate of 3.5% and the rate type is variable, so the figure can move with rates set by the bank. Among the accounts rated on rate type, variable is the common choice, so treat this as a floating return rather than a locked one.
SoFi
How much does SoFi Savings cost to hold?+
Nothing is charged to keep the balance open. The monthly fee is $0, and the account model is no monthly fee. Money only becomes costly when you move it in certain ways, such as sending a wire rather than making a standard transfer.
Is my money safe with SoFi?+
It sits with a bank, and deposits are covered by FDIC up to USD 250,000, so the balance is protected up to that limit. The bank is listed as FDIC cert 26881, a certificate you can check against the insurer's register.
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Related by the facts
Fio banka
SoFi