- 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.
The promotion will be available from 10/14/2020 to 12/31/2020 at 11:59 PM ET.
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.
Qualifying Direct Deposits must be made from the enrolled member’s employer, payroll, or benefits provider via ACH deposit.
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).
To open an account go to https://www.sofi.com/money/ or open using our SoFi Mobile App.