SoFi is offering $100 bonus to new users who open a new SoFi Money and meet the eligible direct deposit requirements by December 31, 2021.
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SoFi Money $100 Direct Deposit Bonus Summary
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: None
- Direct Deposit Requirement: Yes, $1,000+
- Monthly Service Fee: None
- Early Termination Fees: None listed
(Offer expires December 31, 2021)
SoFi Money Account Summary
- No account fees and no ATM fees in more than 55,0000 ATMS worldwide.
- Send money to friends, family and more. Plus, get real time fund transfers from SoFi Money members.
- Deposit all of your checks directly through the SoFi App, available for both iOS and Android services.
- Set-up all of your bill payments directly from the Sofi app or on your computer.
- With at least $500 in monthly deposits, earn 6X the national average in APY vs spending accounts on all your cash and exclusive cash back offers
How to Earn the Bonus
New members who join SoFi Money during the promotional period 5/1/2021 to 09/30/2021 are eligible for the program. To qualify for the bonus:
- Eligible users must have $1,000 or more in total qualifying Direct Deposit transactions within 30 days of the promotional period.
- Qualifying Direct Deposits must be made from the enrolled member’s employer, payroll, or benefits provider via ACH deposit.
- Deposits that are not from an employer (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers) do not qualify for this promotion.
Avoid Monthly Fees
SoFi Money charges you no account fees including no account minimum fees, no overdraft fees, and no ATM fees.
If you’re interested for an alternative to a traditional bank, SoFi Money is a good option for those who are wanting great spending tools features as well as saving money on account fees. Find more SoFi Money promotions here and our fill list of other bank bonuses.