SoFi Promotions: $100, $300, $1,000, $5,000 Bonuses For Checking, Savings, Invest, Student Loan, Personal Loan Products

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.

Update 3/25/25: The rate has decreased to 3.80% APY from 4.00%. The $325 offer has been extended through 1/31/26. You can now get $325 bonus with Sofi Checking & Savings, plus many more other bonuses. You can now earn a $100 Fanatics bonus when you open a checking & savings account.

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 $325 Bonus + 3.80% APY

Earn up to 3.80% APY and up to $325 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

Qualifying Direct Deposits are defined as deposits from enrolled member’s employer, payroll, or benefits provider via ACH deposit.

• What you’ll get: $325 bonus + 3.80% 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 3.80% APY rate

(Visit SoFi to learn more)

SoFi Credit Card 2.2% Cash Back

• What you’ll get: Extra 10% cash back on top of the 2% back with SoFi Checking & Savings with DD.
• 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 2% unlimited cash back on purchases, you get an extra .2% cash back with direct deposit.
• 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 Checking & Savings $100 Fanatics Bonus

Get $100 off your next Fanatics.com purchase when you open a SoFi Checking and Savings account.

• Direct Link to Offer
• What you’ll get: $100
• Availability: Nationwide
• Direct deposit requirement: Yes
• Credit inquiry: Soft Pull
• Monthly fees: None
• Early termination fee: None

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.

(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)

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.