Are you looking for a way to make it easier to send and receive money? If so, you may want to link your SoFi account to PayPal. This can be a great option if you need to quickly send money or if you want to easily receive payments. Plus, PayPal is a safe and secure way to handle your finances.
In this post, we will be giving a step-by-step guide on how to link your SoFi account with your PayPal account. We will also be discussing the benefits of doing this and why you should consider it.
What is SoFi?
SoFi is a financial technology company that offers student loan refinancing, personal loans, mortgages, and more.
To learn more about SoFi, you can check out their website here.
What is PayPal?
PayPal is an online payment system that allows you to send and receive money from anywhere in the world.
To learn more about PayPal, you can check out their website here.
Why Should I Link My Accounts?
Linking your SoFi and PayPal accounts has a few key benefits. First, it can help you manage your finances more effectively by allowing you to see all of your transactions in one place. Second, it can help you stay organized by keeping all of your records in one place. And finally, it can help you save time by eliminating the need to login to multiple accounts.
Now that we’ve discussed the benefits of linking your accounts, let’s get started with the process!
How to Link SoFi to PayPal?
- Open up the SoFi app on your phone and log in with your username and password. If you don’t have an account yet, you can sign up for one here.
- Tap on the “Accounts” tab at the bottom of the screen and then select “Linked Accounts & Cards” from the list of options.
- On the Linked Accounts & Cards page, tap on “Link New Account”.
- On the next page, select “PayPal” from the list of options and then enter your PayPal login information. Once you have entered your information, tap on “Log In”.
- You will be taken to a confirmation page where you can review the details of your account. Once you have reviewed the details, tap on “Confirm”. That’s it!
You have now successfully linked your SoFi account with your PayPal account.
How to Transfer Money Outside of SoFi?
SoFi is a great way to save money and get your finances in order. But what if you need to transfer money outside of SoFi? Here are a few ways to do it.
If you have a friend or family member who also uses SoFi, you can easily transfer money to them using the SoFi app. Just select the ‘Transfer Money’ option from the main menu, then choose the person you want to send money to from your contacts list. Enter the amount you want to send, and hit ‘Submit.’ The money will be transferred instantly.
If you need to transfer money to someone who doesn’t use SoFi, you can do so by linking an external bank account. To do this, go to the ‘Settings’ tab in the app and select ‘Linked Accounts.’ From there, you’ll be able to add your external bank account and routing number. Once the account is linked, you can transfer money from SoFi to the external account by going to the ‘Transfer Money’ page and selecting ‘To External Account.’ Enter the amount you want to transfer and hit ‘Submit.’ The funds should arrive in the external account within 1-2 business days.
So there you have it-a few different ways to transfer money out of SoFi. No matter who you need to send money to, there’s an easy way to do it.
Conclusion:
Linking your SoFi and PayPal accounts is a quick and easy process that comes with a number of benefits. By linking your accounts, you can manage your finances more effectively, stay organized, and save time. Follow the steps outlined in this post to link your accounts today!
