Enjoy the benefits of the latest SoFi promotions, bonuses, and deals here. As of right now, they offer SoFi Banking, Active Investing, Student Loan, and Personal Loan Products.
Currently, SoFi offers include $10, $25, $50, $100, $275, $300 bonuses for many SoFi products.
SoFi Promotions Review
Social Finance, SoFi, is best know for their student loan refinancing products that targets recent graduates with high incomes.
Whether you are looking for a savings, investing, or borrowing promotion, SoFi has the account and tools to help your financial future.
I’ll go over SoFi offers below.
Sofi Checking & Savings $275 Bonus + 4.00% APY
Earn up to 4.00% APY and up to $275 with direct deposit with the SoFi Checking and Savings Account.
In order to qualify for eligibility for a bonus, SoFi must receive at least one Qualifying Direct Deposit from an Eligible Participant during the Promotion Period. Q
ualifying Direct Deposits are defined as deposits from enrolled member’s employer, payroll, or benefits provider via ACH deposit.
- What you’ll get: $275 bonus + 4.00% APY
- Availability: Nationwide
- Direct deposit requirement: Yes
- Credit inquiry: Soft Pull
- Monthly fees: None
- Early termination fee: None
- How to earn it:
- Earn $25 when you sign up for a SoFi Checking and Savings account and deposit at least $10.
- SoFi Checking & Savings charges no account fees and offers unlimited reimbursement for ATM fees each month, free P2P payments, free bill pays and much more.
- Set up direct deposit to earn to the 4.00% APY rate
(Visit SoFi to learn more)
| Total Qualifying Direct Deposit Amount | Cash Bonus |
| $1,000.00 – $4,999.99 | $50 |
| $5,000 or more | $250 |
SoFi Credit Card $50 Bonus
- What you’ll get: $50 bonus
- Rewards: Earns 2% cash back on all purchases
- Spending Requirement: None
- Annual Fee: None
- How to earn it:
- To receive the offer, simply click on the link below to apply for the SoFi credit card.
- On top of the $50 bonus, you can earn 2% unlimited cash back on purchases when redeemed toward investing, saving, or paying down an eligible loan with SoFi.
- When it expires: Does Not Expire
(Limited time offer)
SoFi $25 Invest Bonus
- What you’ll get: $25 bonus
- Availability: Nationwide *Online*
- Branches: Online
- Early Termination Fee: None
- How to earn it:
- To receive the offer, you must: open a new SoFi Securities LLC active brokerage account through the signup link you were given.
- Add at least $100 to your brokerage account.
- The $25 bonus will be in the form of a fractional share in a company
(Limited time offer)
SoFi $300 Personal Loan Referral Bonus
- Account Type: SoFi Loan Account
- Loan Amount: $5,000-$100,000
- Loan Term: 2 to 7 years
- APR:
- Fixed: 5.990% APR to 16.240% APR (with AutoPay)
- Variable: 5.74% APR to 14.700% APR (with AutoPay)
- Repayment Options: Monthly
(Limited time offer)
SoFi $300 Student Loan Referral Bonus
- Account Type: SoFi Loan Account
- Loan Amount: $5,000-$100,000
- Loan Term: 2 to 7 years
- APR:
- Fixed: 5.990% APR to 16.240% APR (with AutoPay)
- Variable: 5.74% APR to 14.700% APR (with AutoPay)
- Repayment Options: Monthly
(Limited time offer)
SoFi Fee Free Loan
- Account Type: SoFi Loan Account
- Loan Amount: $5,000-$100,000
- Loan Term: 2 to 7 years
- APR:
- Fixed: 5.990% APR to 16.240% APR (with AutoPay)
- Variable: 5.74% APR to 14.700% APR (with AutoPay)
- Repayment Options: Monthly
(Limited time offer)
Up to $5,000 Transfer Bonus
Currently, customers can earn up to $5,000 bonus when they transfer funds into their SoFi Checking and Savings account.
| Transferred Funds Amount | Bonus |
| $5,000 – $19,999 | $50 |
| $20,000-$99,999.99 | $125 |
| $100,000-$249,999.99 | $250 |
| $250,000-$499,999.99 | $500 |
| $500,000-$999,999.99 | $1,000 |
| $1,000,000-$1,999,999.99 | $2,500 |
| $2,000,000 + | $5,000 |
(No expiration date)
Fine Print
- Earn a bonus (as described below) when you transfer investments from another brokerage firm into a taxable SoFi Invest Active brokerage or Active retirement account (Traditional, Roth, or SEP IRA). Bonus amounts are based on the total net dollar amount (incoming transfers less outgoing transfers) of settled transfers from another brokerage to an individual SoFi Invest account during each calendar month. Bonuses will be paid within 14 days of the last day of the month in which the transferred assets settled in your SoFi Invest account. Bonuses will be paid into the same account you transferred investments into. Transfers into multiple accounts may not be combined. Assets are required to remain in your SoFi account for 180 days. SoFi reserves the right to recoup up to the bonus amount from any withdrawals that take place prior to the 180-day period. SoFi also reserves the right to change or terminate this promotion at any time without notice. Important Tax Information: The value of the reward you receive may constitute taxable income. SoFi Securities LLC may issue a Form 1099 (or other appropriate form) to you that reflects the value of the reward. Please consult your tax advisor. SoFi Securities LLC and its affiliates and associates do not provide tax advice.
SoFi Free Credit Score Monitoring $10 Bonus
- What you’ll get: $10 bonus
- Credit Inquiry: Soft Pull
- Benefits:
- Track your credit score at no cost, with weekly updates to help you stay on top of when your score changes.
- Understand the factors that drive your credit score and what you can do to influence them.
- Determine how certain financial decisions might impact your score.
- Access SoFi Member benefits like personalized advice from a credentialed financial planner for no additional cost.
- How to earn it:
- To receive the offer, simply sign up for SoFi Free Credit Score Monitoring and get a $10 bonus.
- When it expires: Does Not Expire
(Limited time offer)
SoFi Crypto Up to $100 Bitcoin Bonus
Currently, customers can earn a bonus when they open new SoFi Crypto account and purchase at least $50 worth of any crypto.
| First Trade Amount | Bonus Payout |
| $50-$99.99 | $10 |
| $100-$499.99 | $15 |
| $500-$4,999.99 | $50 |
| $5,000+ | $100 |
- To receive the offer, you must: open a new SoFi Digital Assets LLC account through the signup link you were given, and buy at least $10 worth of any cryptocurrency within 7 days.
- The offer only applies to new crypto accounts.
- The offer is limited to one per person.
- The offer expires on December 31, 2022.
- Bonus amounts of $600 or greater in a single calendar year may be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received by applicable law.
- Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer, consult your tax advisor to determine applicable tax consequences.
- SoFi reserves the right to change or terminate the offer at any time without notice.
- Please refer to Form ADV Part II for additional disclosure information regarding related parties.
(Expires December 31, 2022)
How to Avoid SoFi Account Fees
- No Monthly Fees Listed
Author’s Verdict
With competitive rates from SoFi such as their savings or APR rates, you are able to gain access to fantastic features and member-exclusive benefits. Applying for a SoFi account is fast and easy so sign up if any of the above promotions interests you.
For more current offers, check out our bank bonuses page. Compare SoFi rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include U.S. Bank, Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
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