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SoFi Money offering $50 for referrals

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SoFi just started offering $50 instead of $25 for those who refer people to their Money cash management account. Both the sender and recipient receive the $50 bonus when the new account is opened with a $100 deposit.

The url attaches to this post is simply for the SoFi Money website, DO NOT signup using this link. You need to be referred to get this bonus.

I was referred during the $25 bonus period and received the bonus within 24 hours of account opening (and funding of $100).

https://www.sofi.com/money/
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Created 06-20-2019 at 08:39 PM by KingCoop
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Last Edited by jneset August 21, 2019 at 08:32 PM
SoFi just started offering $50 instead of $25 for those who refer people to their Money cash management account. Both the sender and recipient receive the $50 bonus when the new account is opened with a $100 deposit.

NOTES:
- SoFi does a soft pull to Experian. Make sure your credit report is unfrozen before opening an account.
- Be sure to opt out of sharing information with affiliates
- You can't export transactions to personal finance software (eg, quicken, moneydance, etc)

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Joined Jan 2006
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#3
Love Sofi money, bank of my wet dreams! All In One Checking & Savings acct with 2.25% interest!
Been making $20/mo interest on 10K for 3 months now!
Eat that physical bank that holds just over $500 of my money/month just because I have lingering things attached to it!
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Joined Oct 2007
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#4
Thanks OP, I signed up (had to hunt down a referral code). Sounds like a good company! Cheers

Update: My bonus came fast (within about 24 hours, hit my account while the funding money was still listed as pending). Referred my other half as well and got us both bonuses from that.
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Last edited by pickmyname June 26, 2019 at 11:48 PM.
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Our community has rated this post as helpful. If you agree, why not thank ?
#5
reminder to all that asking for or requesting a referral is not allowed.
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Joined Dec 2006
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#6
Been using this account for awhile. Very good. no limit on withdraws and good interest
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Joined May 2014
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#7
SoFI money is different than sofi stock bits?
As someone interested in SoFi, we want your help testing out our newest active investing feature, Stock Bits, which lets you start investing in popular stocks with as little as $1.
Want in on a hot company, but don't have $2,000 to drop on a share? We got you. Watching IPOs, but not ready to commit? No problem.
You get the picture. And to thank you for testing out our new feature, when you set up your Active Investing account by next Friday we'll drop in a partial stock worth $25.
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Original Poster
#8
Quote from Greenworld123
:
SoFI money is different than sofi stock bits?
As someone interested in SoFi, we want your help testing out our newest active investing feature, Stock Bits, which lets you start investing in popular stocks with as little as $1.
Want in on a hot company, but don't have $2,000 to drop on a share? We got you. Watching IPOs, but not ready to commit? No problem.
You get the picture. And to thank you for testing out our new feature, when you set up your Active Investing account by next Friday we'll drop in a partial stock worth $25.
Yes, SoFi Money is a cash management account that is similar to a checking account. Free checks, unlimited ATM reimbursement, debit card, 2.25% APY, bill pay, direct deposit, etc.
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Joined Nov 2013
sckcnt
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#9
do you guys get an account number?
I am trying to consolidate all my credit card payments to a "checking" account that offers interest rates but is not limited by 6 transactions.

Tmo Money is a candidate but dont know if Sofi Money qualifies with the above.
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Joined Jun 2019
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#10
Unfreeze Experian

Quote from CeRodz
:
do you guys get an account number?
I am trying to consolidate all my credit card payments to a "checking" account that offers interest rates but is not limited by 6 transactions.

Tmo Money is a candidate but dont know if Sofi Money qualifies with the above.
Yes. Account and routing

For each Eligible Money Recipient who opens and funds a New Money Account with $100 or more within fourteen (14) days, SoFi Securities or its designee will: (a) credit the Money account of the Eligible Money Referrer, with a one-time cash referral bonus of $50 (the "Money Referral Bonus"); and (b) credit the New Money Account of the Eligible Money Recipient, with a one-time cash welcome bonus of $50 (the "Money Welcome Bonus"). 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.
In no event will any Eligible Money Referrer or Eligible Money Recipient be entitled to receive more than $599 in cumulative referral or welcome bonuses under the Money Referral Program within any calendar year. 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).
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Last edited by finzz2dlft June 25, 2019 at 10:43 PM.
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#11
do they need SSN to open an account?
I just don't feel providing mine on-line..
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#12
Quote from Binar
:
do they need SSN to open an account?
I just don't feel providing mine on-line..
Yes, it's a bank! Tls encryption and soft hit. You should have some sort of noisy credit monitoring with all the breaches.
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Joined Dec 2009
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#13
How can I be sure I'm using a referral link? When I go to a referral link it only shows me options for Student Loans and Personal Loans.
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Joined Oct 2004
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#14
This sofi thing is pretty sweet. I found a referral link online, and opened my account earlier today. I then referred my wife, who opened her account today as well. I received two $50 bonuses already in my account, and my wife received $50 in hers. Fastest $150 I have ever seen.....laugh out loud
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Joined Aug 2011
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#15
Quote from jmman
:
This sofi thing is pretty sweet. I found a referral link online, and opened my account earlier today. I then referred my wife, who opened her account today as well. I received two $50 bonuses already in my account, and my wife received $50 in hers. Fastest $150 I have ever seen.....laugh out loud
Yep worked great for me too
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