Find the latest SoFi bonuses, promotions, and offers here.
You’ll find multiple products includes SoFi Money, Active Investing, and Loan Products.
Table of Contents
SoFi Bonuses Review
SoFi is an online finance company that provides multiple products such as student loan refinancing, mortgages and personal loans. The company was started in 2011 and had a vision to provide more affordable options for those dealing with debt to fund their education. SoFi doesn’t just let anyone open an account. They examine free cash flow, professional history and education in addition to a history of responsible bill payment to evaluate its borrowers to ensure members have a high likelihood of making their payments.
- Promotion Links:
- $100 Money Bonus (12/31/2021)
- $25 Money Bonus (No expiration date)
- $25 Invest Bonus (No expiration date)
- $300 Loan Referral (No expiration date)
- Fee Free Loans (No expiration date)
- $100 Direct Deposit Bonus
- Account Type: SoFi Money, Invest, and Loan Accounts
- Availability: Nationwide (Online)
- Direct Deposit Requirement: No
Be sure to check out our best rates Savings, Money Market, and CD accounts below.
If you’re looking for different bonuses, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll go over all SoFi offers below.
SoFi Money $100 Bonus
SoFi is offering a $100 bonus when you open a SoFi Money Account with direct deposit. This type of account also allows you to earn a nice 0.25% APY.
- What you’ll get: $100 Bonus
- Eligible account: SoFi Money
- Where it’s available: Nationwide (Online)
- How to earn it:
- Open a SoFi Money account
- Set up direct deposit with at least $1,000
- When you’ll receive it: After all requirements are met, you’ll receive the bonus deposited into your account
- Monthly fee: None
(Expires December 31, 2021)
How To Earn The $100 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Using the link provided, open a SoFi Money account
- Must have $1,000 or more in total qualify Direct Deposit transactions within any consecutive 30-day window during the Promotion Period
- Earn a generous 0.25% APY
- Get a $100 reward
- No-fee Overdraft Coverage
- 55,000+ fee-free ATMs
- Cash Back Rewards
- FDIC insured
- No monthly fees
- The following describes the terms that apply to participation in the SoFi Money direct deposit promotional program (“Program”) offered by SoFi Securities LLC (“SoFi”).
- Eligible Participants: All new members who join SoFi Money during the Promotion Period and all existing SoFi Members without a prior history of Direct Deposit transactions (“Direct Deposit”) to their SoFi Money account as of the beginning of the Promotion Period are eligible for the Program.
- Promotion Period: The Program will be available from 5/1/21 12:01AM ET to 12/31/21 11:59PM ET.
- Bonus Terms: In order to qualify for the bonus, an Eligible Participant must have $1,000 or more in total qualify Direct Deposit transactions within any consecutive 30-day window during the Promotion 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.
- This offer cannot be combined with the SoFi Money rate discount on a SoFi loan. SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $100 deposited into their SoFi Money account within two weeks of qualification.
- Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi reserves the right to exclude any Members from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. SoFi also reserves the right to stop or make changes to the Program at any time.
SoFi Money $25 Bonus
SoFi is offering a $25 bonus when you open a SoFi Money Account using the link provided. This type of account also allows you to earn a nice 0.25% APY.
- What you’ll get: $25 Bonus
- Eligible account: SoFi Money
- Where it’s available: Nationwide (Online)
- How to earn it:
- Open a SoFi Money account
- Fund your new account with at least $500 deposit
- When you’ll receive it: After all requirements are met, you’ll receive the bonus deposited into your account
- Monthly fee: None
(FDIC Insured)
How To Earn The $25 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Using the link provided, open a SoFi Money account
- Fund your account with at least $10 deposit
- Earn a generous 0.25% APY
- Get a $25 reward
- Earn 0.25% APY on all balances
- Free P2P payments
- Free bill pays
- Unlimited reimbursement for ATM fees each month (Visa)
- No monthly fees
- Terms and conditions apply.
- Only one Money Referral Bonus and one Money Welcome Bonus will be awarded for each referred Eligible Money Recipient, regardless of whether the Eligible Money Recipient opens and funds multiple accounts.
- An Eligible Money Referrer will not earn a Money Referral Bonus if the Eligible Money Recipient has or had an existing funded SoFi Money account, or does not use the unique referral link provided by the Eligible Money Referrer.
- Money Referral Bonuses and Money Welcome Bonuses are each considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable)
SoFi $25 Invest Bonus
When you open an active brokerage account with this bonus from SoFi, you get a $25 bonus. You only need to fund the account with $100.
- What you’ll get: $25 Bonus
- Eligible account: SoFi Invest
- Where it’s available: Nationwide (Online)
- How to earn it:
- Fund a brokerage account with $100
- The $25 bonus is rewarded in the form of a fractional share in a company
- When you’ll receive it: Not specified, probably at account opening
- Monthly fee: None
(No expiration date)
How To Earn The $25 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Use the link provided to get started
- Open an Active Investing Account and fund with $100
- Get $25 in the form of a share of the company
- Stock Bits let you buy fractional shares of select stocks and ETFs starting at $1.
- SoFi Invest charges zero trading fees to buy and sell Stocks Bits—so the money you invest is 100% invested.
- Fractional share investing, like Stock Bits, makes it easy to invest in a lot of companies without a lot of dollars.
- No monthly fees
- The Eligible Invest Referrers are encouraged to refer friends, colleagues, family members, and anyone else they believe may be interested in opening a SoFi Active Invest account (the “Eligible Invest Recipient(s)”).
- The Eligible Invest Referrers will NOT receive an Invest Referral Bonus for referrals for a SoFi Automated Invest account.
- SoFi Securities LLC, or its designee (collectively, “SoFi Securities”) reserve the right to disqualify anyone from participation in the Invest Referral Program at any time.
SoFi Credit Card
 The SoFi Credit Card offers: • Earn 2% unlimited cash back on eligible purchases when redeemed towards investing, saving, or paying down an eligible loan with SoFi.* • Earn up to $100 when you open and fund a SoFi Money and a SoFi Invest account after getting approved for the SoFi Credit Card (See Terms). • When you make 12 on-time payments, we'll lower your APR by 1%.† • No annual fee.† • No foreign transaction fees • Cell phone protection (insurance coverage up to $1,000)** • Mastercard ID Theft Protection(TM)** • $10 Lyft credit when you take 5 rides per month** * See offer details: www.sofi.com/card/rewards † See terms and conditions: www.sofi.com/card/terms ** Cell Phone Insurance Protection, Mastercard ID Theft Protection(TM), Lyft and Other Partner Rewards have additional terms and conditions, which can all be accessed through the World Elite Mastercard® Benefits portal. Please see the guide to benefits for details or call 1-800-MASTERCARD. |
See our review on the SoFi Credit Card.
SoFi Loan $310 Bonus
New SoFi customers can earn a generous bonus for getting referred for a student or personal loan through the referral program.
- What you’ll get: $310
- Eligible account: SoFi Loan Account
- Where it’s available: Nationwide (Online)
- How to earn it:
- Get $100 when your loan is funded
- When you’ll receive it: Not specified
- Monthly fee: None
(Offer has no expiration)
How To Earn The Bonus
HOW TO EARN BONUSWAIVE THE MONTHLY FEEFINE PRINT
- Use the link provided to get started
- Open a loan account
- Get $310 when your account is funded
- No monthly fees
- The Eligible Loan Referrers will NOT receive a Loan Referral Bonus for a new referral if they have received 20 Loan Referral Bonuses in the preceding 12 months or if they have received 60 total lifetime Loan Referral Bonuses.
- Loan Referral Bonuses and Loan Welcome Bonuses are considered miscellaneous income and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable).
- An Eligible Loan Referrer will not earn Loan Referral Bonus if the Eligible Loan Recipient has or had an existing funded SoFi loan account, or if the Eligible Loan Recipient does not use the unique referral link provided by the Eligible Loan Referrer.
- If the Eligible Loan Recipient already has a SoFi loan account, is on our opt-out list or the national email opt-out list, or has already used another Eligible Loan Referrer’s unique referral link, the Eligible Loan Recipient may not be sent an email.
SoFi Loan Referral Bonus
SoFi customers can borrow up to $100k with industry-leading low APR Rates. To get started, fill out the online application and find a rate that fits your financial needs.
- What you’ll get: $5,000-$100,000
- Eligible account: SoFi Loan Account
- Where it’s available: Nationwide (Online)
- How to earn it:
- Fill out the application and find a rate that fits your needs
- Monthly fee: None
(Offer has no expiration)
How To Earn The Bonus
APRPROSCONS
- Fixed: 5.990% APR to 16.240% APR (with AutoPay)
- Variable: 5.74% APR to 14.700% APR (with AutoPay)
- No Fees: No fees. You will be able to receive the full amount of your loans, allowing you to save the potential fee of having a “middle-man”.
- Loan Terms: You are able to repay your loans over a set amount of time ranging between 5 to 20 years.
- Unemployment Protection: If you are no longer employed, you can temporarily pause your payments. However, you must be employed or have an offer to start within 90 days.
- Fixed Rates: Your competitive low fixed APR rates would vary depending on your credit. Existing SoFi members will receive the 0.125% Member Rate Discount on that new loan.
- Soft Pull Credit Check: When applying for a loan, the initial credit check will not affect your credit score. However, if your loan is approved, that process will show up as a hard pull on your report.
- Live Customer Support: Your questions will be answered with customer services available 7 days a week via phone or social media.
- Better Credit: Although the initial loan will trigger a hard pull, borrowers range an average of 31 points when paying off credit card debt with a SoFi personal loan.
- Cosigning: SoFi allows their customers the ability to have a joint application to better your chance of getting approved for a better, highly-competitive rate.
- Loans not available nationwide: You aren’t able to apply for a SoFi personal loan if you are currently residing in Mississippi.
- Online Access: Although online access gives you better rates, you will not have the ability to make payments or ask questions in person, due to SoFi not having any brick-and-mortar locations.
Sofi Money Earn Up to $25 in Roundup Bonus
If you are already a Sofi Money Debit cardholder, Sofi is currently offering a promotion to match all round ups on every purchase you make using the card.
You can earn a maximum of $25 in Round ups. For the full terms and conditions checkout their offer page for more details.
- What you’ll get: $25 Bonus
- Eligible account: SoFi Money account
- Where it’s available: Nationwide (Online)
- How to earn it:
- When you spend money, Sofi will round up your transaction to the nearest dollar and the change will be deposited into your account.
- Sofi will match roundups up to $25
- When you’ll receive it: Deal is back starting 3/1/2021
- Monthly fee: None
(Offer expires is back starting March 1, 2021)
How To Earn The $25 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Use the link provided to get started
- When you spend money, we’ll your transactions will be rounded up to the nearest dollar and put the change into your account.
- Every time you spend you will get matched by Sofi on all rounded up purchase up to $25
- Earn 0.10% APY on all balances
- Free P2P payments
- Free bill pays
- Unlimited reimbursement for ATM fees each month (Visa)
- No monthly fees
- The Program is open to all SoFi Members with a SoFi Money account with $500 in monthly deposits or more, or an account that was opened prior to June 9, 2020, who reside within the United States and have opted into the Roundups feature.
- All purchases using a SoFi Money debit card and posted during the Promotion Period, are eligible for Cash Back under the terms of the Program. P2P transfer transactions (e.g. Venmo/Paypal/Square) and wire transfers are excluded.
- For each eligible charge to your SoFi Money debit card during the Promotion Period, you will receive a credit to your SoFi Money account equal to 100% of the Roundup for that transaction
- Credit will be applied to the chosen vault that is being used for Roundups
- There is a maximum aggregate cap on cash back bonuses of $25 per Account for this Program
- Cash Back credits may take up to 5 business days after the eligible transactions are posted
- Purchases of whole dollar amounts (e.g. $1.00) will not be rounded up and therefore will not receive cash back.
- Purchases that are made when Roundups are not enabled for an account will not receive cash back and cannot be backdated.
SoFi Crypto $25 Bitcoin Bonus
- 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 31st, 2020.
- Once conditions are met and account is opened, you will receive $25 in Bitcoin (BTC) within 7 days.
- 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.
See more cryptocurrency promotions here, including offers from Gemini, Coinbase, Voyager, Swan and more.
SoFi $5 Back w/ $20 Debit Card Purchase – Targeted
Sofi is offering select customers a chance to earn $5 back when they make $20 worth in debit card purchase.
There is no direct link for this offer, so look for an email with subject line: <We miss you, _______! Get $5 back after your next purchase.)>
This offer expires March 31st, 2021.
SoFi $50, $100, $300 Referral Bonuses
Earn bonus money for making referrals for a variety of SoFi’s products once you have account open with SoFi.
- Referral bonuses are an ongoing offer
- Bonus amounts can change from time to time
- Available nationwide
- Products available for referral bonuses include:
- SoFi Money
- SoFi Invest
- Student Loan Refinancing
- Personal Loans
How To Earn The Bonuses
- Log into your SoFi account to get your unique referral link and to see your referral reward amounts.
- Send your unique referral link to your friends and family via social media, email, text—or whatever’s convenient for you.
- Please note that any friend whom you’d like to refer must use your specific referral link to sign up for the product they want.
- Only one referral reward and one welcome bonus per new customer: you will not receive multiple referral bonuses for the same friend taking out multiple loans or products, nor will your friend receive multiple welcome bonuses for taking out multiple loans or products.
- SoFi mortgages are never eligible for the SoFi Referral Program.
- Additional terms and conditions apply.
(Expired) Sofi $2,500 Invest Bonus
Sofi Invest is offering users a chance to earn a bonus between $25 – $2,500 when you transfer your investments to Sofi Invest.
- What you’ll get: $2,500 Invest Bonus
- Eligible account: SoFi Money account
- Where it’s available: Nationwide (Online)
- How to earn it:
- Earn your bonus when you transfer from another brokerage firm into Sofi Invest account.
- Your bonus amount are based on the one-tome local dollar amount you transfer during the incentive period.
- When you’ll receive it: Valid Until 02/28/2021
- Opening Deposit: $1,000+ opening deposit
- Direct Deposit Requirement: None
- Monthly Fees: None
(Expires February 28, 2021)
How To Earn The $2,500 Bonus
HOW TO EARN BONUSACCOUNT FEATURESWAIVE THE MONTHLY FEEFINE PRINT
- Earn your bonus when you transfer from another brokerage firm into Sofi Invest account.
- Your bonus amount are based on the one-tome local dollar amount you transfer during the incentive period.
| Transfer Amount | Bonus |
| $0.01-$19,999.99 | $25 |
| $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 + | $2,500 |
- Stock Bits let you buy fractional shares of select stocks and ETFs starting at $1.
- SoFi Invest charges zero trading fees to buy and sell Stocks Bits—so the money you invest is 100% invested.
- Fractional share investing, like Stock Bits, makes it easy to invest in a lot of companies without a lot of dollars.
- No monthly fees
- This offer is good between now and 2/28/21.
- All bonuses will be paid into the same account you transferred investments into within 14 business days of the conclusion of the offer period.
- Assets are required to remain in your SoFi account for 180 days following the conclusion of the offer period.
- SoFi reserves the right to recoup up to the bonus amount from any withdrawals that take place prior to the 180-day period.
- 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.
- Read full offer terms here.
Conclusion
If you are currently interested in a new banking experience, then these promotions from SoFi could be for you. SoFi offers a unique selection of services. Take advantage of whichever accounts fit your needs!
Feel free to comment on this post with any questions you may have about SoFi, their accounts they offer, or SoFi coupon codes.
Check back often for more SoFi Bonuses, Promotions, or Offers!
