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SoFi Checking & Savings: Open New Account w/ Direct Deposit, Get Expired
up to 4.00% APY
+ $250 Bonus w/ $5K+ in Direct Deposit Transactions
SoFi is offering 2.00% > 2.50% > 3.50% > now 4.00% APY on Savings or 2.50% > now 1.20% APY on Checking + Up to $300 > now $250 Bonus when you Open a New Online Account and Set Up Direct Deposit.
Thanks to Community Member vrcsu for posting this deal.
Details/Features:
Thanks to Community Member vrcsu for posting this deal.
Details/Features:
- After Opening a New Account and setting up Direct Deposit, wait for your direct deposit to hit your account (typically 2-4 weeks).
- Amount of Direct Deposit Cash Bonus depends on Total Qualifying Direct Deposit amount in 25-day Evaluation Period :
- $1,000 - $4,999 Total Qualifying Direct Deposit: $50 Cash Bonus
- $5,000 or more Total Qualifying Direct Deposit: $250 Cash Bonus
- SoFi will credit members who meet qualification criteria within 14 days of the end of the Evaluation Period.
- Direct Deposit Bonus Promotion ends 1/23/23 > now 12/31/23 11:59PM ET.
- No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint Network.
- Up to 2-day-early-paycheck
- Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
- Organize your money, set savings goals, and save your change with Vaults and Roundups.
- You'll earn up to 4.00% annual percentage yield (APY) on savings balances (including Vaults) and 1.20% APY on checking balances with direct deposit. Members without direct deposit will earn 1.20% APY.
- There is no minimum direct deposit amount required. However, please note that there is a minimum direct deposit required for No-Fee Overdraft Coverage ($1,000).
- Interest rates are variable and subject to change at any time. Rates are current as of 12/16/2022. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet
Original Post
Written by
Edited April 12, 2023
at 01:16 PM
Update: 2.5% APY starting 9/30 >Now 4.00% for Savings
2.00% APY with a direct deposit. $1 direct deposit is good enough to get 2.00 APY. 1.00% APY with no direct deposit.
No account fees
No overdraft fees
No minimum balance fees
No monthly fees
Free Checks
FDIC insured
2-day-early-paycheck credit
Great mobile banking app
Access to 55,000 ATMs worldwide through the Allpoint Network
Very easy to open Checking and Savings account online with SoFi
https://www.sofi.com/banking/
up to$300 $250 bonus + $25 referral bonus
Total Qualifying Direct Deposit amount in 30-day Evaluation Period Cash Bonus
$1,000 -$1,999$4,999 $50
$2,000-$4,999 $100
$5,000 or more$300 $250
Evaluation Period start from your 1st Direct Deposit Date. (Not from account opening date)
SoFi Checking and Savings - Referral Bonus :
For a limited time, get $25 when you sign up for a SoFi Checking & Savings account and deposit at least $10 with referral link.
Referral bonus $25 created the same day of $10 deposit
How to Transfer Money?
• Directly making an online transfer from one bank account to another
• Writing a check
• Making a peer-to-peer transfer
• Completing a wire transfer
• Working with a third-party company
• Making an email money transfer
Withdrawal Limit is $1,000,000.00 per day
Same limit for transferring money from Sofi to external bank account
Overall best banking experience I've ever had.
I closed my 20 years old regions and chase accounts and moved to Sofi.
2.00% APY with a direct deposit. $1 direct deposit is good enough to get 2.00 APY. 1.00% APY with no direct deposit.
No account fees
No overdraft fees
No minimum balance fees
No monthly fees
Free Checks
FDIC insured
2-day-early-paycheck credit
Great mobile banking app
Access to 55,000 ATMs worldwide through the Allpoint Network
Very easy to open Checking and Savings account online with SoFi
https://www.sofi.com/banking/
up to
Total Qualifying Direct Deposit amount in 30-day Evaluation Period Cash Bonus
$1,000 -
$5,000 or more
Evaluation Period start from your 1st Direct Deposit Date. (Not from account opening date)
SoFi Checking and Savings - Referral Bonus :
For a limited time, get $25 when you sign up for a SoFi Checking & Savings account and deposit at least $10 with referral link.
Referral bonus $25 created the same day of $10 deposit
How to Transfer Money?
• Directly making an online transfer from one bank account to another
• Writing a check
• Making a peer-to-peer transfer
• Completing a wire transfer
• Working with a third-party company
• Making an email money transfer
Withdrawal Limit is $1,000,000.00 per day
Same limit for transferring money from Sofi to external bank account
Overall best banking experience I've ever had.
I closed my 20 years old regions and chase accounts and moved to Sofi.
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314 Comments
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Featured Comments
-Mar, opened/completed Wells Fargo and received in 3 mts (June) the $325 Bonus.
-Apr, opened/completed Chase and received the $225 bonus immediately (same month) after direct deposit was made.
-Today, opened US Bank and setup direct deposit to receive the $400 bonus after 2 or more deposits totaling $4,000 or more.
I am now researching BMO Harris and their $500 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days.
https://www.bmoharris.com/main/personal/checking-accounts/digital-offer/?COID=BMOC-06492I-CH9U6X7&ec... [bmoharris.com]
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free $325 , 2% interest, free check book and better banking experience so far
free $325 , 2% interest, free check book and better banking experience so far
Did you get any email notifications about the bonus progress? I just completed it but no emails.
2nd deposit on Aug 29th , Bonus credited on 7th
Referral bonus $25/$50 will be paid in 2 to 8 business days after referred friend meets the minimum depots of $10. You and Your friend both will get referral bonus paid in 2 to 8 business days.
Promo bonus will be paid with in 10 business days after reaching 5k direct deposit .
Referral bonus $25/$50 will be paid in 2 to 8 business days after referred friend meets the minimum depots of $10. You and Your friend both will get referral bonus paid in 2 to 8 business days.
Promo bonus will be paid with in 10 business days after reaching 5k direct deposit .
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Add money to SoFi Checking and Savings.Earn up to $1,000.
https://www.sofi.com/banking/balance-offer/
They do not have Zelle. People have reported you can use Zelle with Sofi on the Zelle app
Add money to SoFi Checking and Savings.Earn up to $1,000.
https://www.sofi.com/banking/balance-offer/
PM me if any one has any questions on Sofi . I am going stop posting on this thread because this thread is getting old
I opened a new Sofi account 4 weeks ago.
All my DD from my employer was counted as a regular deposit. So I didn't receive any signup bonus. Only $0.07 was earned by the 1% APY of the initial $1500 deposit.
Before withdrawing all money from Sofi and closing the account, I checked this thread one more time and saw the new offer.
I cannot see any statement that is for a new customer or all.
Anyway, without DD, 1% APY seems too low.
I am thinking to keep the account or close.
I opened a new Sofi account 4 weeks ago.
All my DD from my employer was counted as a regular deposit. So I didn't receive any signup bonus. Only $0.07 was earned by the 1% APY of the initial $1500 deposit.
Before withdrawing all money from Sofi and closing the account, I checked this thread one more time and saw the new offer.
I cannot see any statement that is for a new customer or all.
Anyway, without DD, 1% APY seems too low.
I am thinking to keep the account or close.
Yes new offer received via email. I think it is targeted offer. Both my wife and I got this offer.
Not targeted, anyone is eligible for it
I chatted with customer service to confirm that it is targeted offer. Your account number must be in this offer to get it.
Sign up for a Slickdeals account to remove this ad.
I chatted with customer service to confirm that it is targeted offer. Your account number must be in this offer to get it.