SoFi Offers: 4.60% APY + Up to $325 Checking Bonus, 2.2% Cash Back Credit Card, $300 Personal Loan Bonus
Update April 2024: SoFi made a few notable changes recently, both positive and negative:
The SoFi Unlimited 2% Credit Card will now offer 10% boost on their rewards with direct deposit into SoFi Checking or Savings. This would work out to 2.2% cash back rewards points on everyday purchases, 3.3% cash back rewards points on SoFi Travel purchases, and 27.5% cash back rewards points on SoFi Stadium purchases.
There is a new inactivity fee of $25 per account for every 6 months of login inactivity.
The outgoing ACAT transfer fee was increased to $100. Previously $75.
SoFi (“Social Finance”) is an all-in-one finance app that expanded from students loans into banking, stocks, crypto, credit cards, and more. Here are some of their other offers; New users can receive a separate opening bonus for each separate part of SoFi (Money, Invest, Loans, etc).
SoFi Checking Referral Offer: Up to $325 new user bonus. Open a new SoFi Money account and add at least $10 to your account within 5 days, and get $25. Then get up to $300 additional bonus with qualifying direct deposit. Plus up to 4.60% APY.
SoFi Invest Referral Offer: $25 new user bonus. Brokerage account. Open an Active Investing account with $10 or more, and you’ll get $25 in stock.
SoFi Invest Alternate Offer: Claw Game. Feeling lucky? Compare a guaranteed $25 above against having a 0.028% chance of a $1,000 bonus. (That is less than 1 in 1000 odds.)
SoFi Invest Asset Transfer Offer: Up to $5,000 Bonus. Transfer over your existing assets from another broker and SoFi will pay you a bonus. From $50 bonus for transferring $5,000 in assets all the way up to $5,000 bonus for $2 million in assets.
SoFi Student Loan Refi: $300 bonus. Warning: Do your research before refinancing your Federal student loans to a private lender.
SoFi Doctors and Dentists Student Loan Refi: $1,000 bonus. Special low rates just for doctors and dentists.
SoFi Personal Loans Referral Offer: Fixed $300 bonus. Fixed $300 bonus, 90 days after successful funding. The loan has no fees and you can pay it back in full after 90 days (you can pay it down to $50 before then to accrue minimal interest).
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