SoFi Bank is Giving Out Free Money: Here’s How You Can Earn (2024)

If you’ve been on the lookout for a way to earn some extra cash while helping your friends out, SoFi Bank has just what you need. Their referral program is a fantastic opportunity to get free money just by signing up for their various financial products. Let’s dive into the details and see how you can benefit.

SoFi’s Checking & Savings accounts offer a seamless banking experience with no fees and higher interest rates on your balances. But the real kicker is the referral program:

  • Referral Bonus: When your friends use your referral link to open and fund a new checking & savings account, you’ll get $75 per friend, and they’ll get $25 each too.
  • Referral Link: SoFi Checking & Savings Referral Link
SoFi Bank is Giving Out Free Money: Here’s How You Can Earn (2)

SoFi offers competitive private student loans with flexible repayment options, making it easier for students to fund their education. Their referral program is equally rewarding:

  • Referral Bonus: Refer friends to SoFi private student loans and earn up to $500. For each friend you refer, you’ll both get $100 deposited into a SoFi checking account after their loan is funded.
  • Referral Link: SoFi Private Student Loan Referral Link

Personal loans from SoFi come with no origination fees and competitive rates, making them a great choice for consolidating debt or funding personal projects. Here’s how their referral program works:

Refinancing your student loans with SoFi can potentially lower your interest rates and reduce your monthly payments. The referral bonuses here are substantial:

SoFi Invest allows you to trade stocks and ETFs with no commission fees, and their referral program is a great way to build your portfolio:

  • Referral Bonus: Get $50 in stock for each friend who joins SoFi Invest and funds an Active Investing account with $10 or more. They’ll get $25 in stock too.
  • Referral Link: SoFi Invest Referral Link
  1. Share on Social Media: Post your referral links on your social media accounts and highlight the benefits your friends will receive.
  2. Email Campaigns: Send out emails to your network explaining the benefits of SoFi’s products and how they can earn free money.
  3. Create Content: Write blog posts or create videos detailing your positive experiences with SoFi and how easy it is to earn referral bonuses.
  4. Networking: Talk to friends, family, and colleagues about SoFi’s products and share your referral links.
SoFi Bank is Giving Out Free Money: Here’s How You Can Earn (3)

SoFi Bank’s referral program is an excellent opportunity to earn extra cash while helping your friends and family benefit from their financial products. Whether it’s opening a new checking account, taking out a personal loan, or investing in stocks, there’s a referral bonus waiting for you. Don’t miss out on these free money opportunities — start sharing your referral links today!

SoFi Bank is Giving Out Free Money: Here’s How You Can Earn (2024)

FAQs

SoFi Bank is Giving Out Free Money: Here’s How You Can Earn? ›

Referral Bonus: Refer friends to SoFi private student loans and earn up to $500. For each friend you refer, you'll both get $100 deposited into a SoFi checking account after their loan is funded.

How to get free money from SoFi? ›

Open a SoFi online bank account and get a cash bonus when you deposit the required minimum within the 25-day evaluation period. Earn a $50 bonus when you receive $1,000 to $4,999.99 in qualifying direct deposits or a $300 bonus when you receive at least $5,000 in qualifying direct deposits during the bonus period.

How to get $300 from SoFi bank? ›

You can earn the maximum APY by having Direct Deposit (no minimum amount required) or by making $5,000 or more in Qualifying Deposits every 30 days. See SoFi Checking and Savings rate sheet at: https://www.sofi.com/legal/banking-rate-sheet. New customers can earn up to a $300 bonus with qualifying direct deposits!

How do I get $25 from SoFi? ›

You can find your referral link through your SoFi Invest account; in the app, navigate to "Refer a Friend" to find your link. Once your friend opens a SoFi Invest account and funds it with at least $10, you'll earn your $50 bonus, and your friend will earn a $25 bonus.

What is the SoFi bank $75 bonus? ›

Additional SoFi Bonus Opportunities

SoFi's referral program rewards you $75 (per account owner) when you refer someone who opens a SoFi bank account. You can also earn bonuses if you refer people to a SoFi investing account, credit card, personal loan or student loan refinancing offer.

Is SoFi giving away money? ›

SoFi Checking & Savings

But the real kicker is the referral program: Referral Bonus: When your friends use your referral link to open and fund a new checking & savings account, you'll get $75 per friend, and they'll get $25 each too. Referral Link: SoFi Checking & Savings Referral Link.

Is SoFi money legit? ›

Yes. SoFi is an FDIC-insured, nationally chartered bank.

Does SoFi offer a bonus? ›

Does SoFi offer a bonus? Yes, SoFi currently has a direct deposit bonus for new banking customers.

Is SoFi money free? ›

SoFi Checking and Savings charges you no account fees.

We think banking shouldn't cost you money. That's why SoFi doesn't charge any account fees on your checking and savings accounts. We work hard to charge no account fees.

Can I borrow money on SoFi? ›

SoFi Personal Loans can be used for any lawful personal, family, or household purposes and may not be used for post-secondary education expenses. Minimum loan amount is $5,000.

How do I claim money from SoFi? ›

You can access your money by using your SoFi Money Debit Card for purchases, withdrawing cash from ATMs, sending money electronically to friends and family via the peer-to-peer (P2P) function, paying bills using bill pay service, writing checks from your SoFi Money checkbook, or transferring money via ACH online or ...

Does SoFi hit your credit score? ›

Hard pull: When you get approved for a SoFi personal loan, SoFi will do a hard inquiry into your credit history, which will temporarily drop your credit score by about 5-10 points in most cases.

Can SoFi be trusted? ›

SoFi has a TrustPilot rating of 4.7 stars, based on more than 7,000 reviews. Satisfied customers note that the application and funding process is quick and easy.

How do I get $10 on SoFi? ›

You can earn the SoFi Checking and Savings referral bonus by referring a friend using your unique referral link. If your friend opens a new SoFi Checking and Savings account and funds it within 14 days, you'll receive $10 and your friend will receive $25.

Can I borrow money from SoFi? ›

SoFi offers low-rate personal loans, and you can find out if you qualify and what your interest rate will be in just two minutes! Disclaimer: Many factors affect your credit scores and the interest rates you may receive.

How do I get a cash advance from SoFi? ›

Call SoFi customer service at (844) 945-7634 and request a PIN, if you don't already have one. Insert the credit card at an ATM and enter the PIN. Select the cash advance option on the ATM screen. Enter the amount you'd like to withdraw.

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