Recipients must be new SoFi members and deposit $100+.
The deposited funds must settle into the New Checking and Savings Account within 14 days of receipt of the Eligible Money Referrerโs unique referral link for the Eligible Money Referrer to receive the referral bonus.
Payment must be made via an ACH transfer from a linked bank account, or via โInstant Transferโ from a debit card (if available). P2P transfers (ACH-based P2P or debit-card based P2P from Venmo, PayPal, Apple Cash, Square Cash, etc.) are excluded.
Once the funds have settled into the account, qualifying participants will receive a cash deposit into their SoFi Checking and Savings account within seven (7) business days of settlement.
Only get benefits when you download the app and log in for the first time. If you have downloaded the app before (including uninstalling and reinstalling), you will not be eligible for this benefit.