Their ads have NOT been wide spread, but they are TRUE.
SoFi [SoFi.com] offers an APR 0.7% on their savings & ckecking accounts. The rate JUMPS to 1.25% if you set up a direct deposit from a “qualifying” source (e.g. Govt, employer, etc). That 1.25% rate apply to the entire acct balance not just the amount arriving thru the “qualifying” direct deposit.
There are also some one-time [minor] cash bonuses for starting.
Their rates alone were good enuff for me.
a man who is [again] departing the Discover AAII Online Savings scene