- To be eligible for this promotion, you must be a NEW SoFi Money Member -
- Existing Money members (and those who previously closed their Money accounts) are not eligible.
- The first $25 bonus is paid out upon funding an account with $250.
- The remaining $75 bonus is paid once a qualifying Direct Deposit of at least $500 has been received into your NEW SoFi Money account.
- The funding requirement must be met prior to 12/31/2020 in order to qualify.
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The promotion will be available from 10/14/2020 to 12/31/2020 at 11:59 PM ET.
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In order to qualify for the $75 bonus, an enrolled member must have $500 or more in total qualifying Direct Deposit transactions within the promotion period.
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Qualifying Direct Deposits must be made from the enrolled member’s employer, payroll, or benefits provider via ACH deposit.
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Non-Qualifying Deposits are deposits that are not from an employer (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers).
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To open an account go to https://www.sofi.com/money/ or open using our SoFi Mobile App.