Forum Thread

Convert Samsung Rewards points into cash using SoFi

+4 Deal Score
3,309 Views
Found this while signing up for the SoFi card in Samsung Pay app on phone. For those of you who have points expiring this may be a way to convert them to cash.

One-time offer available for a limited time and while supplies last upon signup for Samsung Money by SoFi. Requires 1,000 or more points (1,000 points = $5).

there is also a promo that yo I will enter draw for $1000 when you open the SoFi account and fund it.

https://news.samsung.com/us/samsu...0for%20ope
Share
Good deal?
You gave thanks to SlickTex for this post.
Thank you!
SlickTex posted this deal. Say thanks!
Add Comment
Created 08-04-2020 at 09:43 AM by SlickTex
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+4
3,309 Views

30 Comments

1 2 3

Sign up for a Slickdeals account to remove this ad.

This comment has been rated as unhelpful by Slickdeals users
Joined Apr 2006
L4: Apprentice
408 Posts
108 Reputation
#2
What to do if they denied my application? Also, are they doing hard pull or soft pull?
1
0
0
1
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Feb 2011
L10: Grand Master
6,832 Posts
278 Reputation
#3
max 10000 points
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Jun 2010
L8: Grand Teacher
3,821 Posts
649 Reputation
#4
hmm, open a sofi account to cash out $10 in points? no thanks
2
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Jan 2017
Nicholas Ervin
161 Posts
38 Reputation
#5
Quote from ken.yong
:
What to do if they denied my application? Also, are they doing hard pull or soft pull?
They do a soft pull. Because I don't have any inquiries on my reports from them. And I opened one on day one.
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Feb 2014
L7: Teacher
2,206 Posts
1,139 Reputation
#6
I get email asking to sign up and get $50, but don't want to do it as no better perk and it is debit card.

ETA, have fund account $500 to get $50.
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Jan 2017
Nicholas Ervin
161 Posts
38 Reputation
#7
Quote from ken.yong
:
What to do if they denied my application? Also, are they doing hard pull or soft pull?
Also I will say they're very particular about the address used. So that may be why you were denied.
I typically use a po box for my mailing address. But they forced me to use a physical. So after I opened the account I went through the web browser login instead of the app and changed my mailing address to the po box. And that's where they sent my card.
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Sep 2014
L7: Teacher
2,335 Posts
245 Reputation
#8
Just did it Samsung Reward points truly are worthless nowadays
0
0
0
0
Reply

Sign up for a Slickdeals account to remove this ad.

This comment has been rated as unhelpful by Slickdeals users
Joined Oct 2005
L6: Expert
1,571 Posts
632 Reputation
#9
Quote from msp3
:
Just did it Samsung Reward points truly are worthless nowadays
WERE worthless. Not anymore. i just cashed out at 1/2c per point. Sadly, I lost over 10,000 points over the past several months since I did not have enough to get anything useful and the vouchers went away.

Of course, it looks like you get almost no points now for just using SP, so maybe future uses will be worthless.
1
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Feb 2007
Resident Deal Expert
597 Posts
187 Reputation
#10
I signed up for the referral bonus and I took advantage of the points redemption. An easy $100+ so far. For those interested they do a soft pull on Equifax.
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Feb 2011
L10: Grand Master
6,832 Posts
278 Reputation
#11
Quote from iuku
:
I get email asking to sign up and get $50, but don't want to do it as no better perk and it is debit card.

ETA, have fund account $500 to get $50.
Is $50 bonus targeted?
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Jul 2006
L4: Apprentice
427 Posts
26 Reputation
#12
If you already have SOFI Money, can Samsung rewards be linked? Or is this a completely different product?
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Mar 2011
L6: Expert
1,957 Posts
2,091 Reputation
#13
Quote from craigg
:
I signed up for the referral bonus and I took advantage of the points redemption. An easy $100+ so far. For those interested they do a soft pull on Equifax.
referral bonus for "Samsung Money by SoFi" account or regular SoFi?
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Sep 2014
L7: Teacher
2,335 Posts
245 Reputation
#14
Quote from popyu
:
If you already have SOFI Money, can Samsung rewards be linked? Or is this a completely different product?
Yes. In fact, if you already have SoFi Money it *must* be linked not new account, I had to wait until the notification that linking is allowed (which is now) not just new account
0
0
0
0
Reply
This comment has been rated as unhelpful by Slickdeals users
Joined Mar 2011
L6: Expert
1,957 Posts
2,091 Reputation
#15
Quote from msp3
:
Yes. In fact, if you already have SoFi Money it *must* be linked not new account, I had to wait until the notification that linking is allowed (which is now) not just new account
can you clarify what you mean by "which is now"? if i open a regular SoFi Money account, can that be linked with Samsung Pay right away to cash out points?
on the app the banner says redeem points with "Samsung Money by SoFi" account. no one has confirmed yet "regular" Money account can be added to Samsung Pay to cash out points as well.
0
0
0
0
Reply
Page 1 of 3
1 2 3
Join the Conversation
Add a Comment
 
Frontpage Deal
Frontpage Deal
$10 Off $80
(Valid for Select Accounts)
158 81
$0.00
102 66
Frontpage Deal
$45 Credit
(Valid for Select Cardholders)
170 247
$0.00
37 44
Frontpage Deal
$40 Off $40+
w/ Approval (Exclusions Apply)
81 138

Link Copied to Clipboard