After doing that signup deal, you can subsequently take part in this $75 for $125 total. Full Program Details. Popular Referral Sign Up Bonuses. I listed the wrong dates for the fourth and fifth DP lines. Updated bank bonus details, 10% cash back categories still active. SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Get a $75 welcome bonus when you sign up for SoFi Money. SoFi Invest Account Overview SoFi Invest is a brokerage account that lets you buy and sell stocks without incurring any transaction fees and there are zero account minimums to maintain. But if SoFi is your primary account and you can easily meet the direct deposit requirement, you won’t have any issues. SoFi isn’t right for everyone. Just know they may or may not work. The remaining $75 bonus is paid once a qualifying Direct Deposit of at least $500 has been received into your NEW SoFi Money account. SoFi Money offers a lot of features that you can’t get with a traditional checking or savings account. BUT, we don’t really love IE11. SoFi Money $25 Bonus: Make two direct deposits of $500 or more, receive a $25 bonus. This means you may receive a 1099-MISC form in the mail at the start of tax season, and you’ll need to claim that income on your tax return. 1. Direct Deposit Requirement: Yes, two $500+ deposits 8. $75 Bonus posted as “Marketing Credit” 9 calendar days after $500 allotment posted. The credit card awards 1% cash back on all eligible purchases — and when you redeem rewards to pay down eligible debt, transfer to your SoFi Money or SoFi Invest account, it awards an extra 1%, for a total of 2%. But SoFi Money might be the very best, especially for travelers and those who don’t care about physical branches. Rakuten. SoFi Money: $50 Welcome Bonus + $75 Direct Deposit Offer. https://money.sofi.com/offer-dd-75/. If any of you would like to use my referral link, it would be much appreciated. Can the DD be several deposits for a total of $500 or does it have to be in one deposit? SoFi Money Referral Links. date published, but please keep in mind that offers can change. The $75 bonus promotion will be available through 01/31/2021 11:59 PM ET. Entertain and Educate Young Minds at Home with... High Tech Heat Solutions for a Socially... HSBC Premier Checking Bonus: $450 for Opening a New Account, Entertain and Educate Young Minds at Home with Kid-Friendly STEM Kits, High Tech Heat Solutions for a Socially Distanced Gathering, All Five Seasons of the Original Muppet Show are Coming to Disney+ in February, Start the New Year with 3X the ThankYou Points from Citi Premier® Card, Ghost of Tsushima is Discounted on Amazon—Get it for $10 Off, 10-30% Off Beach Destination Hotel Bookings, Get The New Samsung Galaxy S20 FE 5G For $5/mo, Buy 2, Get 1 Free Entire Stock Wholehearted Cat Treats, Make a deposit of $250 or more and receive $25, Set up direct deposit of at least $500 per month and receive $75, Enroll in SoFi’s roundup savings program and the bank will match cash-back up to $25. I did real DDs with coding of Direct Deposit too. 10/6/20: Opened account (P1) 10/8: Instant account link created between SoFi Money and Ally Bank (did it from SoFo Money side) 10/8: $200 pull from SoFi Money to Ally Bank 10/7: ***$50 bonus received*** 10/8: $200 transfer posted at Ally Bank (I got the $50 bonus before the $200 withdraw was posted!) SoFi also reserves the right to stop or make changes to the Program at any time. You will also be able to earn $50 for everyone you refer that does the same. Selected and verified by our team of deal editors. Receive the $50 SoFi Invest Account Bonus when you open and fund a new SoFi Active investing account with just $1,000 (or more). Following the Great Recession, the Federal Reserve capped debit card interchange fees at the behest of Congress, and debit cards with rewards became a dying breed. The SIPC insures up to $500,000 worth of securities and cash (though there is a $250,000 limit on cash) for each brokerage account you have in a separate capacity. conditions of any product before you apply. Never miss out on a great deal again. Beyond the sign-up bonus, though, SoFi has a lot to offer. Hat tip to reader Alfie’sDad. ... you might want to see if there's one on our list of promotions that will pay you a nice bonus to sign up! Opening Deposit Requirement: None 7.  SoFi Money is a cash management account that allows you to get some of the benefits of both a checking and a savings account. This is a terrific deal: it’s an easy $125 bonus, and not-too-difficult additional $75. The DPs are listed in the link below. Not sure why they coded differently? You can get a $50 bonus for using a referral code (see mine below) when opening the account AND funding it with $500+. You can link your bank and transfer money immediately. Do you have a great deal to share Oops. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, … SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $75 deposited into their SoFi Money account within two weeks of qualification. Once you become a SoFi member, you can send referral links to friends and family members to also open an account. alerts for your favorite stores, categories, or When it’s available, turn on the Roundup feature, so you can save every time you use your debit card. But if you’re spending money you wouldn’t normally spend just to earn 10% or 15% back, you’re losing more than you’re gaining. Past offers have included Nike, Warby Parker and more. it posts as “deposit”. As an Amazon Associate I earn from qualifying purchases. Advertiser Disclosure: At Slickdeals, we work hard to find the best deals. Give one a try. ... See all the SoFi promotions and welcome bonuses we know about. i don’t think that discover counts as dd. Read our full SoFi Invest review to learn more. I changed my weekly Doordash payment to Sofi Money. That doesn’t mean SoFi Money is fee-free, though. The deposit must come from your employer, payroll or benefits provider — such as … [MA, CT] bankESB (Easthampton Savings Bank) $200 Checking Bonus – Direct Deposit No Required, [NH, MA, RI, CT, DE, NY, NJ, PA, or FL] Santander $400 Checking Bonus, [NY, CT, MD, VA, DC, CA, NV, NJ, FL or IL] Citibank Up To $3,000 Savings Bonus, Chase $2,000 Bonus For Upgrading To Chase Private Client, SoFi: $350 Bonus When You Refinance Student Loan Or Take A Loan, https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#SoFi_Invest. He has a degree in finance from Brigham Young University and worked in financial planning, banking and auto finance before writing full-time for NerdWallet and Student Loan Hero. And because it’s a cash management account, it makes it easier to fund a SoFi Invest account, if that’s something you want to do. For the $75 SoFi Money bonus, you’ll need to open an account and receive your direct deposit of $500 or more by February 28, 2021 (11:59 p.m.). Some products in our articles are from partners who may provide us with compensation, but this doesn’t change our opinions. It’s pretty common nowadays for banks and brokers to offer a welcome bonus when you sign up and meet certain requirements, and the SoFi Money account is no different. Qualifying Direct Deposits must be made from the enrolled member’s employer, payroll, or benefits provider via ACH deposit. If you receive some cash and don’t want to carry it around with you or leave it lying around your house, you’d need to deposit it with a bank or credit union, then transfer it to SoFi Money. community based on votes and comments. However, this is a common occurrence with bank account and broker bonuses, and the value of the bonus far outweighs the tax bill. Check your mobile app regularly for the latest limited-time cash-back offers. it posted as “direct deposit” and it appears that the bonus posted at the same time. For example, through Dec. 31, 2020, you’ll receive 10% back on Netflix, Disney Plus and Spotify streaming subscriptions, up to $50 total. *** Next, fund your account with $500+ DD and you will receive the $75 bonus DOC outlines on this bonus page. Gadget - Bank Bonus Geek. And while it’s not technically a checking or savings account, your money is still protected and you’ll get a few other big perks, including rewards, a better-than-average interest rate and more when you meet direct deposit requirements. There’s also a foreign currency conversion fee of 0.2%, which you’ll be charged if you use your debit card to make a purchase or ATM withdrawal in a foreign currency. SoFi Money’s debit card doesn’t offer a flat rewards rate on all of your spending. If you know of a better deal, or disagree with our reasoning please contact us and if appropriate changes will be made. Our Verdict. It's what makes SoFi Money $50 Sign-Up Bonus. The hottest deals voted on by our community. One of my banks failed to transfer $ for same reason. This is a lot of value for a credit card with no annual fee. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). In general, if you would’ve spent the money with or without the rewards, activate the offer and get your rewards. Stock. Referral offer: Get a $50 welcome bonus when you sign up for SoFi Money and fund the account with $500 or more. ieatdogfood. SoFi $75 Direct Deposit Bonus What you’ll get: $75 bonus; Where it’s available: Nationwide; How to earn it: Set up direct deposit from your employer to SoFi Money. Earn an additional $75 by setting up a $500+ direct deposit. If you don’t meet the direct deposit requirements, though, your APY will be a measly 0.01%, which is just as good as zero. The first $25 bonus is paid out upon funding an account with $250. When you open your account, you’ll receive a sign-up bonus of $125 after you meet three requirements: To qualify for the $25 SoFi Money bonus, you’ll need to both open and fund a SoFi Money account with $250 or more by March 31, 2021 at 5 p.m. I’m not expecting anyone to have luck pushing a DD from banks, as theoretically if they could, wouldn’t such a scenario technically disqualify most people from the promotion? How to Get Your $75 Bonus. A military allotment to another non-military person from someone not on the account worked to trigger DD Bonus. But if you want more, the account provides more. Availability: Nationwide (Branch Locator) 3. Let us know. SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $75 deposited into their SoFi Money account within two weeks of qualification. SoFi also offers a credit card that pairs well with its Money account. It coded as a deposit. SoFi Money is one of the best bonus packages around! $75 Direct Deposit Bonus. I’m shocked it worked, considering I had to CFPB to get my $75 bonus because past promo terms said two DD’s, and mine posted on the same day. $75 is pretty nice without needing to deal with opening a new account, though the direct deposit requirement won’t be easy for everyone. SoFi Invest $100 Bonus : Deposit $5,000 in your account and you’ll receive a $100 bonus for free stock. The SoFi credit card offers flat-rate 2% unlimited cash back for everyday spending. ), Gosh darn it. The details: Open an account using the “Get Started” link below. See David E. Chen’s “$75 welcome bonus” SoFi Money referral link and share your own. See the referral program details here. 2. There’s also currently a referral offer deal for new signups where each party gets $50. Additionally, if you refer friends or family members and they open up either account, you can continue to earn free money. Copyright 1999 – 2021. Get a $75 welcome bonus when you sign up for SoFi Money using a friend’s referral link and make two direct deposits of at least $500 each. But when you check your SoFi Money app, you’ll be able to view various offers for 10% back from popular retailers. SoFi Money Switch Direct Deposit – $75; SoFi Invest New Account – $50; SoFi Loan Refinance – $300; SoFi Money New Account – $50 (No Direct Deposit) SoFi Money is their cash management account and the current yield is 0.25% APY, which is meh, but they also offer a sweet $50 bonus. To earn a $50 SoFi Active Investing Account Bonus, you must open and fund a new SoFi Active Investing Account with at least $1,000.. It’s fast, free and easy to open a SoFi Active Investing Account, and you’ll get $50 in free stock with $1,000 of initial funding. Moomoo. Thanks for this. We encourage you to verify all terms and After doing that signup deal, you can subsequently take part in this $75 for $125 total. In the interests of our readers you can find out what shopping portal is offering the best rates on eBay here & Amazon here. Sofi Loans offers both personal and student loan refinancing. SoFi has a $100 promotion going on until 01-31-2021 >>>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. The carousel banner offer for the promotion completely disappeared from my app sometime last week so I thought it would have triggered something. Deposit $100 within 14 days of opening account. This offer will sometimes update to a $25 or $75 sign-up bonus. Update 1/3/2021: Extended through 2/28/2021. Free Stocks. We saw this same deal back in February, except last time you needed two direct deposits and this time one is enough. According to the FDIC, the average rate on an interest-bearing checking account is 0.04%. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. Find your friends’ SoFi Money referral links and share your own. To maximize the value you can get from SoFi Money, here are some things you can do: With the cash-back offers, it’s also important to know when not to take advantage of an offer. Only valid for those who never received direct deposit before. 5. Credit Funding: Not Listed 6. [Rumor] American Express To Open Washington National... Walmart: Apple Magic Keyboard for 11″ iPad Pro... Recap: Office Depot Rejects $2.1bn Takeover Bid... A Beginners Guide To Bank Account Bonuses [2020... Best Bank Account Bonuses For January, 2021. I assume they sent out the email widely as well. 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