Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
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33 Replies
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I got the promo email today. It's still not clear to me. Is it the size of your brokerage account that triggers the bonus? So, if I do an ACATS transfer, would the money already invested count...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Is there any confirmation this is open to everyone?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I had a Sofi savings account from last year. After receiving 6 notification that they are lowering their rates 1 after another within about a 7 month period. I think I am turned off from Sofi banking...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Sofi does not charge fees for investments.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
This is an obvious question, I think it’s pretty clear brokerage accounts count? Since it’s SoFi invest? If I transferred my portfolio from Robinhood, would that count?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Got mine this morning too. We have to keep the funds in the account for 90 days right?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I don't have an account but want to get in on this deal. Can a new customer get it if they sign up/
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
It’s been over a week since the offer stated it would pay out the bonus. I met all qualifications, but have not received anything. They keep telling me over the phone and via chat that they are...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Their Invest support team confirmed the 1% matching information via email:
Timeframe: 6/4/2020 - 6/30/2020
Terms and Conditions:
The Active Invest account must have net deposits (meaning...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
No, but I'd give it until next week. Haven't seen a bank say "5 business day" turn around on a bonus before. Usually it's 2 months...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I'm guessing referral links which aren't allowed.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
That's right.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Received 1% bonus this morning
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Not sure if it's offered currently. But this deal was only sent to existing members, so I won't hurt creating an account and keeping it minimally funded
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I've done similar deals in the past and pulled out my initial deposit before the stated period. I'm wondering what the risk would be in this instance... I'll probably not risk it.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Does active mean they charge a bunch of management type fees? Gotta recoup the bonus somehow?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Easy risk free of $5k in around 3.5 months not bad at all if we have $500k to tuck into this. Wondering if they also pay interest on idle money in there investment account, if they do it probably...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
dont see the promotion anywhere, any link?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Got an email.
This month only, when you fund your SoFi Invest account, we’ll match 1% of your deposit.
Get up to $5,000 when you fund your SoFi Active Invest account.* SoFi will match 1% of net...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
SoFi's support said that as long as ACAT transfers are initiated before EOD today, they will honor the promotion. I'm going to do a wire to be on the safe side as my brokerage charges $25 either...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Does 5 days after offer mean 7/8?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Has anyone gotten their bonus for this offer yet?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Just received mine.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Mods weren't happy with half of the posts in this thread and trashed them, FYI
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Active just means you're doing it yourself (i.e. not their automated robo-investor). No fees.
I wonder if this offer is targeted, as I didn't get the e-mail.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
What was said in the comments that were deleted?
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I did the same. I'm not a huge fan of their App right now for investment look and feel - particularly summaries of your entire portfolio.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Yeah, I'm curious as well.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I’d assume that the holiday doesn’t count
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
my deposit is from External bank to SOFI money, then transfer Money from Sofi money to invest,
Don't know if it counts?
Can I find anywhere to set up to do direct transfer from External bank...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I got the email as well, T&Cs say you can deposit money from now through June30, bonus will be paid withing 5 days after the promotion ends, If you take the money out within 90 days they reserve the...
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Never got the promotional email, but did see a Notification message on my phone about it today.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
Rates dropped a number of times over the last year. Their rate is based on the fed interest rate. If you want to lock in a rate, a savings/checking account isn't the what you want.
Sofi Bank - 1% match when you fund your investment acccount up to $5k (YMMV)
Thread created 06-04-2020 by lot7labs
+2 Score
33 Replies
6,320 Views
I think they only pay interest on idle money in their checking / savings account, not their investment account (I don't see any interest payments in mine) .
