Updated September 28, 2026 · VaultCue Editorial Team
Satispay vs SoFi
Satispay
Higher score in this comparison
SoFi
Satispay vs SoFi: the differences
| Compare | SatispayReviewSee alternativesSee alternatives | SoFiReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | €0 | $0 |
| Deposit protection | EU DGS up to EUR 100,000 | FDIC up to USD 250,000 |
| Currency conversion fee | 0.5% | 0%Lower |
| Local account details | IBAN | Us ACH |
| Free ATM withdrawals | €200 | $0 |
| Transfer fee | Free to send and receive money to contacts and for SEPA transfers (0 EUR); instant availability top-up 1.00 EUR | Outgoing domestic wire $30 per transfer; incoming wire $0 |
| Licence type | Not confirmed | Bank |
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Key differences
- Satispay scores higher overall: 8.9 vs 8.7.
- Founded is lower at SoFi: 2011 vs 2014.
- Satispay is available in 29 more countries.
- Currency conversion fee is lower at SoFi: 0% vs 0.5%.
- Local account details: only Satispay offers IBAN.
- Local account details: only SoFi offers Us ACH.
- Support channels: only Satispay offers Email, Phone.
- Pricing model: only Satispay offers Low FX.
- Features: only Satispay offers Digital only.
Our verdict on each
Satispay
Satispay suits everyday spenders and travellers who want no monthly charge, cheap currency conversion and instant transfers between users. The monthly fee is €0, the conversion fee is 0.5%, and the trade off is the savings yield, which sits at 2.61% against a site median of 3%.
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 | Satispay | SoFi |
|---|---|---|
| Cost | 9.2HigherMonthly fee of €0, currency conversion fee of 0.5% and free transfers to contacts sit well against the site median of 0.5%. | 9.1Monthly fee $0 and currency conversion fee 0%, against site medians of €0 and 0.5%. |
| Offer | 9.3HigherSavings pay 2.61% at a variable rate with a €0 minimum, plus €200 of free ATM use. | 8.1 |
| Trust | 8.5 | 8.8Higher |
Where each is licensed and available
| Country | Satispay | SoFi |
|---|---|---|
| Luxembourg | Not confirmed | |
| United States | Not confirmed | FDIC FDIC cert 26881 |
Additional countries for Satispay: 30. Additional countries for SoFi: 1.
Spending 1,000 abroad
Satispay
5
0.5% of 1,000
SoFi
0
0% of 1,000
SoFi comes out 5 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Where they rank in our lists
| Ranking | Satispay | SoFi |
|---|---|---|
| Savings accounts | 435 of 1420 | 537 of 1420 |
What we checked
Satispay
- satispay.com: 12 facts, checked September 26, 2026
- euclid.eba.europa.eu: 1 fact, 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 | Satispay | SoFi |
|---|---|---|
| Audience | Travelers, Business | Not confirmed |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Digital onlyCovers more | Free ATM |
| Legal entity | Satispay Europe SA | SoFi Bank, National Association |
| Headquarters | Luxembourg | United States |
| Founded | 2014 | 2011Lower |
| Support channels | Email, Phone, Help centreCovers more | Help centre |
Savings
| Fact | Satispay | SoFi |
|---|---|---|
| Headline rate | 2.61% | Not confirmed |
| Rate type | Variable | Variable |
| Minimum deposit | €0 | Not confirmed |
| Access terms | Immediate availability, no lock-in, no withdrawal limits; savings moved instantly to Disponibilita | Online-only direct bank, no physical branches; SoFi Savings bundled with SoFi Checking |
| Account kind | Easy access | Easy access |
Money transfer
| Fact | Satispay | SoFi |
|---|---|---|
| Exchange rate markup | 0.5% to 1% | Not confirmed |
| Delivery time | Real time, instant between Satispay users | Not confirmed |
| Payout methods | Bank, Wallet, Card | Not confirmed |
| Fee to send 1,000 | €0 | Not confirmed |
Where each stands against the rest
| Fact | Satispay | SoFi | Median |
|---|---|---|---|
| Currency conversion fee | 0.5%at the median | 0%below the median | 0.5% |
Median across 377 listed accounts.
Pros and cons
Satispay
Pros
- A monthly fee of €0, and Satispay ranks 1 of 500 on cost
- Transfers between Satispay users are Real time, instant between Satispay users, and the transfer fee to contacts is €0
- Savings pay 2.61% at a variable rate from a €0 minimum, with immediate availability
Cons
- The savings yield of 2.61% trails the 3% site median
- Cash pickup is not among its payout methods (bank, wallet and card), which cover a bank, a wallet or a card
- The currency conversion margin runs 0.5% to 1%, above the 0.9% site median
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
Satispay
Who it suits
- Everyday spenders who want an account with no monthly charge and free transfers
- Travellers paying in several currencies who weigh the conversion fee before the rate
- People holding a savings balance they can draw on immediately, with no lock in
Who should look elsewhere
- Skrill or bunq if you want a different provider altogether, since their conversion fees of 3.99% and 3% mean switching does not cut your cost
- PayPal Colombia if you want a wallet for international shopping rather than an everyday euro account
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
Current offers
Satispay
Current offer
Bonus
Welcome Bonus 5 EUR with code WEB: 5 EUR
Sign up by downloading the app and use code WEB
Source, checked September 26, 2026
Country by country
| Country | Satispay | SoFi |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
| Denmark | Yes | No |
| Estonia | Yes | No |
8 of 31 countries where either is available.
Questions about each
Satispay
What does Satispay cost to keep?+
The monthly fee is €0, and no monthly charge is the model listed. Sending and receiving money to contacts and SEPA transfers costs €0. The one extra charge to know is the instant availability top up.
What does it cost to convert currency?+
Conversion costs 0.5%, and the applied margin runs 0.5% to 1%. That sits at the 0.5% site median, while the highest conversion fees on the site reach 7%. Travellers can weigh it against the bank rate.
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.
Other options to compare
Other matchups
Related by the facts
Satispay
SoFi