On Tuesday, February 13, 2024, SoFi will launch the Zero Giveaway Sweepstakes to celebrate SoFi becoming the Official Bank of the NBA (National Basketball Association). The sweepstakes will run through June 23, 2024.
Eighteen (18) Grand Prizes: Each week we will select one lucky winner to receive $10,000 cash, deposited into the SoFi Checking & Savings account.
- 18 week long promotion (2/13-6/23)
- 18 total winners (1 per week)
- $10,000 cash prize per winner ($180,000 total prize pot)
The sweepstakes is part of an exciting new on-going partnership with the NBA as their Official Banking partner, and our new brand ambassador Jayson Tatum of the Boston Celtics.
Who is eligible?
Sweepstakes is open to new and existing members of SoFi who are legal residents of one of the fifty United States or the District of Columbia, who are at least eighteen (18) years of age or older as of time/date of entry.
Employees of Social Finance, Inc. and its respective parent company, subsidiaries, affiliated agencies, and members of the immediate families, or are affiliated with the NBA or NBA properties, are not eligible to enter or win. See official rules for more details: SoFi.com/Zero
How do I enter?
Instructions to enter the sweepstakes will be clearly outlined at SoFi.com/Zero. To receive one (1) entry into the random weekly drawing, follow all on-screen instructions to enter by visiting SoFi.com/Zero.
- New to SoFi, or new to SoFi Checking & Savings: Visit SoFi.com/Zero and click on the link to enter/sign up for a free SoFi Checking & Savings Account. Once you complete the signup process, you will be automatically entered into the sweepstakes.
- Existing SoFi Members with a SoFi Checking & Savings account: may enter in the SoFi Mobile App by simply navigating to the Member Home Feed, locating the “Zero Giveaway Sweepstakes” card in your home feed, and clicking “Opt in”. That’s it, once you click the opt in button your entry is confirmed.
The sweepstakes will begin on February 13, 2024 at 12:01 am PT and end on June 23, 2024 at 11:59pm PT.
How will people find out about this?
SoFi will announce the sweepstakes across our social channels on and around February 13, and will drive to SoFi.com/zero. Throughout the NBA season, the NBA league and our athlete brand ambassador Jayson Tatum will also promote the sweepstakes on their social channels.
- SoFi - Instagram, Twitter, TikTok, YouTube
- NBA - Instagram, Twitter
- Jayson Tatum - Instagram, Twitter
SoFi will also market the sweepstakes across our social channels, the member home feed, in email, and on a landing page (SoFi.com/Zero).
How is the winner selected?
There will be eighteen (18) potential winners selected in this Sweepstakes, one (1) per weekly Entry Period, via a random drawing on or about the Thursday after the end of the applicable Entry Period, (except for the very last Entry Period, for which the drawing will occur on or about Monday, July 1, 2024) from among all eligible entries received. You can refer to the weekly entry periods below.
What is included in the grand prize?
The eighteen (18) Grand Prize winners will each receive $10,000 cash deposited in their SoFi Checking & Savings account*
*Note the member must have an active SoFi Checking & Savings account in order to claim their prize. Details can be found in the Official Rules outlined on SoFi.com/zero.
How will I know if I won?
A member of the SoFi team, along with our third party sweeps agency RTM (Real Time Media) will reach out directly to the member via email (to the email address used to create the SoFi.com account) to confirm eligibility.
Potential winner will be notified by email on or about the following Monday during each weekly entry period, and will be required to complete and return an Affidavit of Eligibility/Liability/Publicity Release plus an IRS W9 Form (if the member does not currently have one on file), signed, and returned to Administrator within five (5) days from date on notification. If the potential winner does not respond within (5) days, the prize will be forfeited. A potential winner only becomes a “Winner” only after completing the verification process.
How do I know if my entry was received?
If you entered via the entry method listed in the FAQ, your entry will be considered! We are unable to acknowledge entries at this time, please feel free to review the detailed terms and conditions at sofi.com/zero.