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- SoFi Promotions
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Contents
- 1 SoFi Promotions Review Below
- 1.1 SoFi Invest $50 Sign-Up Bonus
- 1.2 SoFi Money $50 Sign-Up Bonus
- 1.3 SoFi Invest Claw Game Promotion
- 1.4 SoFi Personal Loans & Student Loan Refinancing $300 Sign-Up Bonus
- 1.5 SoFi Active Investing
- 1.6 SoFi Automated Investing
- 1.7 SoFi Invest $25-$2,500 Transfer Bonus
- 1.8 Switch Your Direct Deposit To SoFi Money And Get $100
- 1.9 [Expired] SoFi Money Up To $100 Bonus
- 1.10 SoFi $350 Bonus When You Fund A Personal Loan Or Refinance Your Student Loan
- 1.11 SoFi Crypto $10 Bitcoin Bonus
- 1.12 SoFi $50, $100, $300 Referral Bonuses
Find updated promotions and offers from SoFi here. Offers are typically available for these products: SoFi Money, SoFi Invest, Student Loan Refinancing and Personal Loans. SoFi has a very popular referral program we’ll cover below. Other referral opportunities here.
See our bank offers page for other offers. Top offers can be found from TD Bank, Chase Bank, Bank of America, BBVA, HSBC Bank, and many more.
SoFi Promotions Review Below
Our Current Top Promotions
SoFi Invest $50 Sign-Up Bonus
Use our referral link to earn $50 worth of your favorite stock when you fund your SoFi Invest account with at least $5,000.
- Pick your free stock. Choose from over 100 popular stocks like Amazon, Tesla, and Disney.
- Open an active investing account with SoFi. Put at least $5,000 in your active investing account—this triggers your free Stock Bit.
- Get your Stock Bit. You’ll see your free Stock Bit in your account within ten days.
If needed, our email for the referral process is contact@moneysmylife.com.
SoFi Money $50 Sign-Up Bonus
This offer will sometimes update to a $25 or $75 sign-up bonus.
Get a $50 welcome bonus when you sign up for SoFi Money and fund the account with $500 or more by using our SoFi Money referral link (thanks ahead of time!). See the referral program details here.
SoFi Invest Claw Game Promotion
- What you’ll get: $5-$1,000 in Prizes
- Where it’s available: Nationwide
- How to earn it:
- No purchase necessary to play or win.
- Download the free App and follow the onscreen instructions to create a free Active SoFi Invest Brokerage Account to obtain access to participate in the Promotion.
- Upon setting up your account, a Participant will have the opportunity to play by engaging an electronic claw to “grab” a game piece. Once “grabbed,” the Participant’s app screen will display a dollar amount on the game piece from the possible amounts identified in the section below, which will be converted to the Stock Bit (outlined below) of the Participant’s choosing, and deposited in the Participant’s Active SoFi Invest Brokerage Account.
- If the Participant does not select a Stock Bit in which to invest the Prize amount identified in the game piece, the Sponsor will select a company to invest the Prize in for the Participant.
- The following chart lists the total amount of Prizes available to be claimed by participating in the Promotion:
| Value | Odds |
|---|---|
| $1,000 | 0.028% |
| $100 | 1.662% |
| $25 | 3.324% |
| $10 | 9.498% |
| $5 | 85.488% |
- When it expires: None listed
How To Earn The Bonus
EARNING THE BONUSFINE PRINT
- No purchase necessary to play or win.
- Download the free App and follow the onscreen instructions to create a free Active SoFi Invest Brokerage Account to obtain access to participate in the Promotion.
- Upon setting up your account, a Participant will have the opportunity to play by engaging an electronic claw to “grab” a game piece. Once “grabbed,” the Participant’s app screen will display a dollar amount on the game piece from the possible amounts identified in the section below, which will be converted to the Stock Bit (outlined below) of the Participant’s choosing, and deposited in the Participant’s Active SoFi Invest Brokerage Account.
- If the Participant does not select a Stock Bit in which to invest the Prize amount identified in the game piece, the Sponsor will select a company to invest the Prize in for the Participant.
- The following chart lists the total amount of Prizes available to be claimed by participating in the Promotion:
| Value | Odds |
|---|---|
| $1,000 | 0.028% |
| $100 | 1.662% |
| $25 | 3.324% |
| $10 | 9.498% |
| $5 | 85.488% |
- The Promotion is open only to legal residents of the 50 United States ( and the District of Columbia), who are age 18 or older (or of legal age in their state of residence) who possess an iOS or Android mobile device, who download the free SoFi Invest app (“App”) and successfully register for a new Active SoFi Invest Brokerage account (each, a “Participant”).
- Employees of Social Finance, Inc. (“SoFi” or “Sponsor”) and its s, subsidiaries, affiliates, advertising, public relations and promotion agencies or any company or individual involved with the development or execution of the Promotion (collectively, the “Promotion Entities”), and their immediate family members and individuals living in the same household with any Promotion Entities , whether related or not, are not eligible to participate.
- The Promotion is governed by U.S. law and subject to all applicable federal, state and local laws and regulations. Void where prohibited by law.
SoFi Personal Loans & Student Loan Refinancing $300 Sign-Up Bonus
Use our referral link to earn a $300 sign-up bonus for one of the following products from SoFi.
- Student Loan Refinancing – Get $300 when your loan is funded.
- Personal Loans – Get $300 when your loan is funded.
If needed, our email for the referral process is contact@moneysmylife.com.
See the Student Loan Refinancing and Personal Loans bonus offer from Credible here.
SoFi Active Investing
- Active Investing with SoFi makes it easy to get started investing in stocks and ETFs.
- Buy and sell stocks at no cost. Plus, there are no account minimums.
- Anyone can be a smarter investor with news updates and more—all in the SoFi app.
- Connect with other SoFi members at exclusive events and experiences.
SoFi Automated Investing
- With automated investing they’ll build and manage a portfolio for you without charging a management fee.
- Whether you’re saving for retirement, a down payment, or just investing for later, they’ll help you make a plan to tackle multiple goals.
- They’ll rebalance your investments, which means adjusting your stock and bond funds on a quarterly basis, so your money is always invested how you want it to be.
- They’ll diversify your portfolio so that your money is allocated across different kinds of financial investments.
- Get started with no minimums.
SoFi Invest $25-$2,500 Transfer Bonus
- What you’ll get: $25-$2,500
- Where it’s available: Nationwide
- How to earn it:
- Transfer your investment from another brokerage firm into a SoFi Invest Active Brokerage or Active retirement account.
- The bonus offered is based on the transfer amount as described in the following table:
| 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 |
- When it expires: 2/28/2021
How To Earn The Bonus
EARNING THE BONUSFINE PRINT
- Transfer your investment from another brokerage firm into a SoFi Invest Active Brokerage or Active retirement account.
- The bonus offered is based on the transfer amount as described in the following table:
| 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 |
- Bonus amounts are based on the one-time total dollar amount you transfer during the incentive period.
- 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.
- They do not accept mutual funds. These funds would need to be liquidated prior to initiating an ACAT with SoFi. Please contact your brokerage firm to complete this action, prior to submitting an ACAT.
- They do not accept cryptocurrencies, and we do not accept stocks that trade on OTC, Pink Sheets, and/or most low-priced securities. Check their Invest platform for any associated stocks you may be interested in transferring – if they appear in SoFi Invest, they are eligible to be transferred to them.
Switch Your Direct Deposit To SoFi Money And Get $100
- Set up direct deposit from your employer to SoFi Money.
- They’ll deposit your $100 bonus into your SoFi Money account.
- Eligible Participants: All new and existing SoFi Members without a prior history of Direct Deposit transactions (“Direct Deposit”) to their SoFi Money account are eligible for the Program.
- New SoFi Money members who open their account within the enrollment period are automatically enrolled in the Program with the account open date acting as the effective enrollment date.
- Existing members without a prior history of Direct Deposit transactions (“Direct Deposit”) are automatically enrolled in the Program at the start of the enrollment period.
- Promotion Period: Enrolled members have until 04/30/21 11:59PM ET in order to qualify for the bonus.
- Bonus Terms: In order to qualify for the bonus an enrolled member must have $500 or more in total qualifying Direct Deposit transactions within 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.
- SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $75 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.
[Expired] SoFi Money Up To $100 Bonus
This deal expired but see the other SoFi Money offers from above, such as the SoFi Money Direct Deposit offer for $100 and the sign-up offer without direct deposit for $50.
- What you’ll get: Up To $100
- Where it’s available: Nationwide
- How to earn it:
- Sign up for SoFi Money
- You add $250, they give you $25 (alternatively, you can get a $50 bonus with this sign-up offer).
- Setup a direct deposit of $500 or more and they will give you another $75.
- When it expires: 2/28/2021
There are several offers I’d recommend comparing this one to. A few great entry level Checking accounts with bonus offers include the Chase Total Checking® ($200 bonus), Bank of America Advantage Plus Banking® ($100 bonus), TD Bank Convenience CheckingSM ($150 bonus) and HSBC Advance Checking (up to $240 bonus).
How To Earn The Bonus
EARNING THE BONUSWAIVE THE MONTHLY FEEFINE PRINT
- Sign up for SoFi Money
- You add $250, they give you $25 (alternatively, you can get a $50 bonus with this sign-up offer).
- Setup a direct deposit of $500 or more and they will give you another $75.
SoFi Money has no monthly account fees.
- Only new SoFi Money members are eligible for this offer. Existing Money members (and those who previously closed their Money accounts) are not eligible.
- To receive the Funding Offer ($25 offer), participants must first apply and successfully open a SoFi Money cash management account.
- To receive the $25 promotional balance, deposit(s) of $250 or more must be made in the new account by the new SoFi Money member.
- Within 3 business days of such a deposit, qualifying participants will receive a $25 deposit into their SoFi Money account.
- This offer is limited to one per account.
- Participants must comply with the SoFi Money terms of use.
- Any fraudulent or returned funding will result in disqualification.
- 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 or without notice.
- In order to qualify for the bonus ($75 bonus) an enrolled member must have $500 or more in total qualifying Direct Deposit transactions within 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.
- SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $75 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 $350 Bonus When You Fund A Personal Loan Or Refinance Your Student Loan
- SoFi is offering a $350 bonus when you fund a personal loan or refinance your student loan by 1/16/2021.
- To receive the $350 holiday bonus offer, you start your application by 1/1/21 and fund your loan by 1/16/21.
SoFi Crypto $10 Bitcoin Bonus
- To receive the offer, you must: open a new SoFi Digital Assets LLC account 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, 2021.
- 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 $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.
- Below are some examples of past referral offers:
SoFi MoneyActive InvestingStudent Loan RefinancingPersonal Loans
You’ll get $100 and they’ll also get $25-$75 when they fund a SoFi Money account.
You’ll get $100 and they’ll also get $100 in free stock when they fund a SoFi Active Invest account.
You’ll get $300 and they’ll also get $100 when their loan is funded.
You’ll get $300 and they’ll also get $100 when their loan is funded.
Bottom Line
Great variety of referral options if you’re currently using SoFi’s products. The mixture of offers tend to update every now and again, so you may not see them all at the time you click on the offer.
You are welcome to post your referral link in the comments section. Compare this offer with the best bank bonuses here and other investment promotions here.
FEATURED PROMOTIONS
| OFFER LINK | OFFER | OUR REVIEW |
| Chase Business Complete Banking℠ | $300 Cash | Review |
| Chase Total Checking® | $200 Cash | Review |
| Bank of America Checking | $100 Offer | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience Checking℠ | $150 Cash | Review |
| HSBC Premier Checking | $450 Cash | Review |
| HSBC Premier Checking | Up To $600 | Review |
| HSBC Advance Checking | $200 Cash | Review |
| HSBC Advance Checking | Up To $240 | Review |
| Aspiration Checking | $100 Cash | Review |
| Ally Invest | Up To $3,500 | Review |
| Betterment | Up To 1 Year Free | Review |
| TradeStation | $100 Cash | Review |
| BlockFi | Up To $250 BTC | Review |
![Capital One Promotions: $100, $250, $400, $450, $500 Bonuses & $1,000 In Referrals [Nationwide]](https://i0.wp.com/www.moneysmylife.com/wp-content/uploads/2016/02/Capital-One-360.jpg?fit=750%2C420&ssl=1&resize=40%2C40){kind=small}
To me this was definitely worth the hard pull.
You get $310 in bonus ($10 of it will be a gift card of your choice for just checking your rate) for your time to apply, pay a buck or two in loan interest if you pay back right away, and get a hard pull on your credit…all within 4 days for me from application to bonus received (if you apply on a Sun/Mon like I did). As long as you fill out W9, bonus tends to show up in your account the Friday after loan funding (with a posting date of Thu).
Here was my timeline:
Mon: applied, upload copy of last paystub for income verification.
Tue: approved and sign documents. For website, sign W9 form for your bonus via Membership dropdown to Refer a Friend link. I found this the trickiest part to find where the W9 form is.
Tue: Loan Funded via ACH to my checking account (shows up on Wed)
Wed: payoff loan (82 cents of interest). (shows up as checking account debit on Thu)
Thu: Bonus received in external checking account (shows up on morning of Fri in checking account)
Application takes around 15 minutes or so. If you are interested and have your credit frozen, make sure to unfreeze Experian before you apply. Rate check is soft pull and if you proceed to get the actual loan it will be a hard pull. Obviously, if you are planning to apply for a home loan refinance or credit card anytime soon, probably best not to do this offer now. Impact to my credit score was negligible.
Also, if you happen to live in Vermont or Ohio, don’t bother trying to do this offer as it appears those states are ineligible: Not available to residents of Vermont. No funding bonus paid to borrowers who reside in Ohio.
Lastly, once you have a SOFI login, you’d have your own referral links, and you could then refer this deal to others. Not sure if everyone gets the $310-$310 referral offer though. Easy to check in the same place you sign your W9 under “Refer a Friend” link on the website. Hope this information helps.
If you are interested in trying this offer and need a referral link, see my referral links below, Many thanks in advance if you elect to use my referral link for your loan.
Hi! Join me on SoFi Money. You can save, spend, and earn interest—all in one account. Use my link to sign up and you’ll get a $50 bonus. https://www.sofi.com/invite/money?gcp=8bc72a16-d182-42b1-b829-9c6e06776e62
Hello. Please use my link to receive $300 for opening a loan with SoFi. Thank you.
https://www.sofi.com/share/1686827?src=copy
Just got my welcome bonus. Just signup using this referral link: https://sofi.com/share/3505050?src=copy
1. Take out a $5000 loan.
2. Pay it off right away.
3. Wait a week or two for a free $300.
Easy money! Happy Holidays.
Use my link to sign up and you’ll get a $50 bonus. https://www.sofi.com/invite/money?gcp=3d1b4232-38ae-4f46-be49-4a2e1cf0e8e0
SoFi Money:
Use my link to sign up and you’ll get a $50 bonus. https://www.sofi.com/invite/money?gcp=13a8491e-1eff-4aa9-8b70-38a40a0ce7aa
SoFi Personal Loan or Student Loan Refinance:
Learn more and use my link to apply for a SoFi Personal Loan or a SoFi Student Loan Refi and you can get a $300 welcome bonus: https://www.sofi.com/share/3145259
Two $50 bonus for you in Christmas Month! Stay healthy, and be Safe @ all.
https://www.sofi.com/invite/money?gcp=efa8b06e-826e-4ac5-8a67-51cd82f6c4ff
https://www.sofi.com/share/invest/2871330
Happy Black Friday! Here are my referral links to get a $50 bonus (each):
SoFi Money: https://www.sofi.com/invite/money?gcp=004af404-1a99-46b4-b486-44bce3a0ab1d
SoFi Invest: https://www.sofi.com/share/invest/2500097
SoFi Money Bonus $50
Use my link to sign up and you’ll get a $50 bonus: https://www.sofi.com/invite/money?gcp=8bc72a16-d182-42b1-b829-9c6e06776e62
Enjoy the most updated $100 bonus during the pandemic
SoFi Money Bonus $50
Use my link to sign up and you’ll get a $50 bonus: https://www.sofi.com/invite/money?gcp=8bc72a16-d182-42b1-b829-9c6e06776e62
SoFi Invest Bonus $50
Open an Active Investing account with $1,000 or more, and you’ll get $50 in stock. I’ll get $50 in stock, too! Use my link: https://www.sofi.com/share/invest/2871330
Need some extra cash during this pandemic?
Get an extra $300 bonus when you get approved for a personal, home, or student loan from Sofi Loans! Easy online application. Find out if you pre-qualify in just minutes without hurting your credit score. There are no application or origination fees. No pre-payment penalties. Fixed personal loan rates range from 5.99% APR to 18.28%. Fixed student loan interest rates start at 2.99% APR.
Only available in the US. Use this link to receive the bonus.
https://www.sofi.com/share/3382938?src=copy
Hi! Join me on SoFi Money. You can save, spend, and earn interest—all in one account. Use my link to sign up and you’ll get a $50 bonus. https://www.sofi.com/invite/money?gcp=a2f81c0a-bc8e-42f2-a7b0-72699fbe2b98
I just got approved for Sofi personal loan ($300) each party. You can get a $5000 loan and pay it off soon after. Sofi will do a soft pull to check if you are eligible first during the application.
https://www.sofi.com/share/2496286
Most recent bonus
SoFi Money:
https://www.sofi.com/invite/money?gcp=13a8491e-1eff-4aa9-8b70-38a40a0ce7aa