SoFi
SoFi Checking & Savings $50 – $400 Bonus
Bonus range
$50 – $400
Expires
Dec 31, 2026
Time to complete
~30 days
Bonus deposited in
~7 days
Difficulty
Easy
Requirements
Last verified: Mar 21, 2026
$50 Tier
Open an account
Open your new account using the offer link before the offer expires.
Receive qualifying direct deposits
Receive direct deposits totaling $1000 or more. After your first Eligible Direct Deposit posts, SoFi totals Eligible Direct Deposits received over the next 25 calendar days. P2P transfers and external ACH transfers are not eligible.
$400 Tier
Receive qualifying direct deposits
Receive direct deposits totaling $5000 or more. After your first Eligible Direct Deposit posts, SoFi totals Eligible Direct Deposits received over the next 25 calendar days. P2P transfers and external ACH transfers are not eligible.
SoFi totals your eligible deposits over a 25‑day window starting with the first direct deposit. The bonus typically posts within 7 business days after the 25‑day period.
Tips & Gotchas
- →The first Eligible Direct Deposit starts the 25-day bonus period; all Eligible Direct Deposits in that 25-day window count toward the tier.
- →Not eligible: peer-to-peer transfers (e.g., Zelle/PayPal/Venmo), external bank ACH transfers, and non-recurring deposits.
Account Details
No explicit clawback policy, but keep open at least 90 days to be safe.
Eligibility
Must be a new SoFi Checking & Savings member. Previous members may not qualify.
Rechurnable?
Fine Print
New SoFi Checking & Savings members only. One bonus per customer. Taxable as interest income.
Taxable income · Reported on 1099-MISC
Related Articles
What is a direct deposit?
An electronic payment sent directly into your bank account, usually from an employer or government.
What is a fintech (digital bank)?
App-based financial companies that offer banking services without traditional brick-and-mortar branches.
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.