Did this coupon
work for you?
work for you?
Popular
Advertiser Disclosure
SoFi Checking & Savings: Earn Up to 4.60% APY + Up to $300 with Direct Deposit, terms apply
SoFi is offering up to $300 with direct deposit, terms apply. Up to 4.60% APY on savings and 0.50% APY on checking. No account fees.
Direct Deposit Promotion begins on 12/7/23 and will be available through 12/31/24.
Details/Features:
Slickdeals may be compensated by SoFi
Direct Deposit Promotion begins on 12/7/23 and will be available through 12/31/24.
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 Direct Deposit amount in 25-day Evaluation Period :
- $1,000 - $4,999 Total Direct Deposit: $50 Cash Bonus
- $5,000 or more Total Direct Deposit: $300 Cash Bonus
- SoFi will credit members who meet qualification criteria within seven business days of the end of the Evaluation Period.
- 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
- Organize your money, set savings goals, and save your change with Vaults and Roundups.
- You'll earn up to 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances.
- 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).
10/24/2023. Additional information can be found at https://www.sofi.com/banking/
Slickdeals may be compensated by SoFi
Created 12-07-2023
at 11:06 AM
by EfficientGame645 | Staff
in
Finance
(3)
See More SoFi Offers
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Recommended Deal Alerts For You
What are Deal Alerts?
Want more deals like this?
Create a deal alert for Finance.
Add Deal Alert for Finance
These responses are not provided or commissioned by the bank advertiser.
Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser.
It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
More Finance Deals & Discounts
View All
Frontpage
5% Back
(Up to $1500 Purchases; Activate Offer Now)
61
24
173 Comments
Your comment cannot be blank.
Sign up for a Slickdeals account to remove this ad.
Wrong information. The original poster was correct - the 25 days started when the first direct deposit hits. Not the day your account was opened.
- You can only link other bank accounts using Plaid. If you don't agree to Plaid terms you are pretty much out of luck.
- Email notifications are very limited, they try to only use push notifications which are not nearly as good for keeping history and you have to keep the app on your phone.
- They do have a website at least, but it's very basic and similar to the app.
On the good side though
- The debit card is great, no foreign transaction fees, and many free ATMs
- You can keep all money in savings account and auto-draft to maximize interest
- Vaults are good for securing and saving money
Sign up for a Slickdeals account to remove this ad.
NM, I read the fine print.
Bonus Terms: In order to qualify for eligibility for a bonus, SoFi must receive at least one Direct Deposit (as defined below) from an Eligible Participant, the first of which must be received on or after 12/7/2023. Direct Deposits are defined as deposits of $1,000.00 or greater from an enrolled member's employer, payroll, benefits provider, or government agency via ACH deposit. Deposits that are not from an employer, payroll, benefits provider, or government agency (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and external bank ACH transfers not from employers) do not qualify for this Direct Deposit Promotion. The amount of the bonus, if any, will be calculated during the Direct Deposit Bonus Period as described and defined below.
How do they determine whether an ACH transfer is from an employer or not? That would be useful information if anyone has it.
Remaining funds are in tri-party repo agreements.
I'm still looking for those deals! You never make too much money to ignore obvious deals. That is what separates good investors from the bad.
What program is this?
Sign up for a Slickdeals account to remove this ad.
It will actually be 3 paychecks so you might still qualify. The 30 day requirement doesn't start until the first deposit is made. So day 1$, day 15$, and day 29$. That's assuming you get bi-weekly.Editing as I've been correctly informed it's a 25 day period not 30 as I thought. Still might be possible to get the 3 payments though as they do post early as they say. For me I get paid Wednesdays now instead of Friday but I understand that's not guaranteed and may be different for others.