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SoFi® is a modern fintech company providing a broad range of financial services, including student loan refinancing and banking solutions. Over its decade-long journey, SoFi has continually introduced new offers, often accompanied by exciting promotional bonuses. Discover the rewarding SoFi bonuses and promotions for 2025 available to new customers.
Explore the Latest SoFi Account Promotions
Choosing the right financial product may hinge on finding a compelling bonus. SoFi provides enticing promotional deals, perfectly tailored to enhance your banking experience.
Delve into notable SoFi bank bonuses and enticing promotional offers potentially increasing your annual percentage yield on select accounts.
| Account Type | Bonus Amount | Offer Expiration |
|---|---|---|
| SoFi Checking and Savings | Up to $300 | Jan. 31, 2026 |
| SoFi Invest® | Up to $1,000 in Stocks** | N/A |
Maximize Your SoFi Checking Account Bonus
SoFi Checking Bonus: Enjoy up to $300*
- Bonus value: Receive $50 to $300 based on your direct deposit size. A $50 bonus is available for deposits ranging from $1,000 to $4,999.99, while $5,000 or more secures a $300 bonus.
- Minimum deposit to qualify: $1,000 for a $50 bonus; $5,000 for the full $300.
- Expiration date: Jan. 31, 2026
- How to qualify: Open a SoFi Checking and Savings account, Member FDIC, and set up direct deposit. After the deposit posts (within 2-4 weeks), enjoy your bonus.
- When you’ll get it: Bonuses are credited within 25 days post promotional period or 2-4 weeks after deposit.
- Terms and conditions: Limited to new customers. Existing customers must open a new SoFi Checking and SoFi Savings account to qualify.
- Monthly fee: None
Make the most of the SoFi Checking Bonus.
Unlock the SoFi Investing Bonus
Earn Up to $1,000 in Stocks with SoFi Invest®**
- Cash value: Potential earnings up to $1,000 in stocks
- Minimum investment required: $50
- Expiration date: None stated
- How to qualify: Open an Active SoFi Invest Brokerage account and fund it with at least $50. This grants access to a virtual claw game to determine your prize.
- When you’ll get it: Deposits confirm within 30 days of account opening.
- Terms and conditions: High chances of earning a fractional share worth $5; the $1,000 jackpot has a 0.028% probability.
- Monthly fee: Zero
Discover how to grow with SoFi Investing and your chance at $1,000 in stocks.
Good To Know
Despite slim odds, participating in promotions enriches your investment experience. While the high-value jackpot ($1,000) is rarely landed, most enjoy smaller shares, contributing towards broader financial goals.
Understanding SoFi Bonus Offers
SoFi bonuses can enhance your financial scene, yet it’s crucial to understand their intricacies. Here are important considerations before embarking on your SoFi bonus journey.
Taxable Income Details
Bonuses from banks, including those from SoFi, generally count as taxable income. Incorporate them into year-end tax calculations. Expect a 1099-MISC form from SoFi detailing annual earned bonuses.
Existing Customer Restrictions
If maintaining an ongoing relationship with SoFi, note that current customers aren’t eligible for new account bonuses. These incentives are crafted for fresh faces joining the SoFi banking family.
Strategizing Your SoFi Bonus
Excited to receive your SoFi bonus? Here’s how you can effectively utilize those extra funds.
Enhance Your Emergency Fund
Leverage a $50 to $300 bonus by enriching your emergency savings account. Experts often advise saving three to six months’ worth of expenses. This bonus can provide much-needed financial breathing room.
Accelerate Debt Payments
In the pursuit of debt freedom, every dollar helps, particularly with high-interest debts. Utilize the bonus to boost your debt repayment strategy.
Plan for Long-Term Investments
If your emergency fund is solid and debts are minimal, channel this bonus into an investment portfolio aimed at long-term goals like retirement.
Fulfill a Specific Financial Goal
Whether it’s covering unexpected expenses or indulging in a treat, your $300 cash bonus opens up several financial possibilities. Feel empowered to pursue what aligns best with your objectives.
Embrace the flexibility that SoFi bonuses provide. Everyone’s financial journey is unique, and the ideal way to use these bonuses varies individually. Explore options that resonate with your personal aspirations.
Final Thoughts on SoFi Bonus Opportunities
SoFi’s bonuses offer enticing opportunities to strengthen your financial portfolio. Whether new customers or seasoned investors, these offers hold potential. If you’re exploring more options, consider delving into other notable bank account bonuses.
Sofi Bonus Offers FAQ
Exploring SoFi’s bonuses presents a thrilling chance for financial encouragement. Here are common inquiries about SoFi bonuses answered.- How do I acquire my SoFi $300 bonus?
- To receive the $300 SoFi direct deposit bonus, set up a direct deposit totaling at least $5,000 within 30 days. Direct deposits over $1,000 yet below $5,000 qualify for a $50 bonus.
- Which bank offers bonuses for setting up direct deposits?
- SoFi is among the financial institutions providing bonuses for direct deposit. Other banks may also offer such promotions.
- Are there promotions specifically for new SoFi customers?
- Yes. New customers opening a SoFi Checking and Savings account can earn between $50 and $300 through promotions based on direct deposit amounts.
- How do I redeem a SoFi promotional offer?
- New customers should open a SoFi Checking and Savings account and set up direct deposit. Deposits of $5,000 earn a $300 bonus.
- What is considered a qualifying direct deposit?
- A qualifying direct deposit includes regular paychecks, government benefits, or an ACH transfer reflecting a consistent income source.
- Are there fees associated with SoFi Checking and Savings Accounts?
- No. SoFi accounts boast no monthly maintenance fees or overdraft charges. Note potential ATM fees outside SoFi’s network.
Discover More About SoFi
Caitlyn Moorhead contributed to the reporting in this article.
Rates can change; unless indicated, rates update periodically. All account data is current as of July 7, 2025.
Editorial Note: Content is independent and not presented by any financial entity covered. Opinions, analyses, reviews, and recommendations are solely those of the author and have not been reviewed, approved, or endorsed by the financial entity mentioned.
*Terms for Checking and Savings members apply to direct deposits during the promotion from Dec. 7, 2023, to Jan. 31, 2026. Full conditions at sofi.com/banking.
**Fund accounts with $50 within 30 days to participate. Odds for a $1,000 reward are 0.028%.
Investments may lose value, are not FDIC insured, and are not bank guaranteed.