I didn't get my 1% match on deposits into taxable SoFi Invest Accounts. Why?

Here’s what you need to know about qualifying for the 1% match on deposits into taxable SoFi Invest accounts.

Eligibility Criteria

• Eligible accounts include taxable (1) self-directed SoFi Invest account (2) Robo SoFi Invest account. Retirement accounts are NOT eligible for the 1% match.
• Eligible deposits include (1) an instant cash transfer from your SoFi Bank account or (2) a standard ACH deposit into your taxable SoFi Invest account.
• You must be a SoFi Plus member at the time each deposit settles and keep your SoFi Plus subscription for one (1) continuous year from each deposit settlement date to avoid a full match forfeiture. 
• • The one (1) year requirement applies separately to each deposit, measured from the date each deposit settles.
• Qualifying deposits must remain in the taxable SoFi Invest account that earned the match for five (5) years to avoid an early withdrawal fee. 
• • The five (5) year requirement applies separately to each deposit, measured from the date each deposit settles. The proportional amount is based on the breach in retention value, not retention period. 

Match Calculation and Payout

• The 1% match will be paid in cash into the same account that received the deposit(s) within 5 business days after the deposit has settled.

Confirming Your Payout

To confirm your payout, view your taxable SoFi Invest account that received the deposit(s). 

For full details and terms, see here.