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New SoFi Money Account - $50 signup & $50 referral bonus + Direct Deposit Bonus

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INew SoFi Money Account - $50 signup & $50 referral bonus + Direct Deposit Bonus

SoFi Bank has a new offer of $50 for signing up and $50 for referrers. The new account must be funded with $500 or more to qualify. Furthermore, there's an additional offer of a $75 total bonus for a $500 Payroll Direct Deposit within 30 days of account opening. The terms of the direct deposit promotion look as though the referral receives an extra $25 bonus and the referrer receives an extra $50 bonus (Please see terms and conditions in the Direct Deposit link below.)

https://www.sofi.com/money/

https://support.sofi.com/hc/en-us...osit-Promo

New members MUST be referred by a current member to receive the $50 bonus. The above link is for informational purposes. You will not receive a bonus by signing up though it.

*P.S. Referrals of any kind are not permitted on Slickdeals. Please do NOT ask for or offer any referrals in this thread, including via PM. Your account can be banned for this behavior.

I've completed multiple SoFi bonuses in the past with very little effort. Last year, the sign-up and referral bonus credited in approx. 2 days and the total funds were able to be withdrawn in 7-10 days. You can refer your friends and family as well. This bonus is not their highest historically, but is decent for the ease of completing. The account itself offers a .25 APY and has no minimums or fees. Also, they offer promotions/bonuses fairly regularly for this and other products such as Sofi Invest.
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Created 07-31-2020 at 05:16 AM by KAOSINLA
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This comment has been rated as unhelpful by Slickdeals users
Joined Jul 2005
L5: Journeyman
855 Posts
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#2
I've been using SoFi. Referred others previously and the bonus posted quickly.

They're currently offering 10% cash back at:
Netflix
Spotify
Disney+
Trader Joe's
Whole Foods
Instacart
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Last edited by jay July 31, 2020 at 05:30 AM.
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Joined Nov 2006
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#3
I got a referral and signed up and then referred a few people. All of my bonuses posted quickly. I have no complaints with Sofi.
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Joined Dec 2004
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Original Poster
#4
Quote from jay
:
I've been using SoFi. Referred others previously and the bonus posted quickly.

They're currently offering 10% cash back at:
Netflix
Spotify
Disney+
Trader Joe's
Whole Foods
Instacart
Thanks for adding that add'l info!
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Joined Sep 2018
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#5
Sofi doesn't allow account creation if you are on visa. Needs perm resident.
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Joined Dec 2008
L4: Apprentice
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#6
Does anyone know how to get around the direct deposit requirement? Does PayPal work?
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Joined Oct 2010
L7: Teacher
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#7
And does this require a hard pull?
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Joined Oct 2018
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#8
Quote from junhao123
:
And does this require a hard pull?
No. It does not.
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Joined Apr 2011
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#9
Is this the same as the one I see advertised in Samsung Pay?
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Joined Nov 2006
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#10
Am I able to refer someone in the same household? Didn't see anything in the terms.
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Joined Aug 2015
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#11
Do I need to be referred by someone to get the $50 sign up bonus?
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Joined Oct 2018
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#12
Quote from cmk3521
:
Is this the same as the one I see advertised in Samsung Pay?
Yes. I think so.
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Joined Sep 2009
L7: Teacher
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#13
What's the difference between this and Samsung Money by Sofi? I need to sign up for a Samsung Money acct but there's no bonus there
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Joined Aug 2005
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#14
They just changed their ACH number so I had to change all my autopays.... slightly annoying.
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Joined Apr 2018
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#15
Does this work if i applied for the samsung money?
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