Editor’s Note: Some offers listed in this article are no longer available.
Since its humble beginnings as a student loan refinance company, SoFi has added a variety of financial products and services to its quiver. Right now, you can earn up to $250 in cash bonuses when you sign up for a SoFi Money account and a SoFi Active Invest account through Slickdeals.
Here’s what you need to know about how to access the promotions and how to stack them to maximize your cash back.
How to Earn $250 With SoFi
If you’re looking to switch your banking and investment to a different platform — or at least to try something new — you can earn $250 by signing up with SoFi exclusively through Slickdeals.
To take advantage of these bonuses, you’ll need to first sign up for a Slickdeals Rewards account and add the Slickdeals Shopping Assistant Browser Extension to your internet browser. Here’s how the bonuses break down:
- You can earn up to $175 with a SoFi Money account — that’s $75 if you fund the new account with $125 or more and another $100 when you receive $1,000 or more in qualifying direct deposits in the first 30 days after opening your account.
- You’ll earn $75 with a SoFi Active Invest account when you open one and fund it with at least $125.
Here Are Some Tips to Make Sure You Maximize the Bonuses
- Make sure you’re signed up for SD Rewards and have the Slickdeals Shopping Assistant Browser Extension on your PC or laptop browser.
- Follow the prompts to ensure that you’re enrolled in SD Rewards, that your account is registered and that you’re signed in.
- Once logged into your Slickdeals account, click through one of the links on our SoFi Money review and SoFi Active Invest review. You must go through one of the links on each of those pages to receive the bonuses.
- After you open the accounts, do not close the SoFi window before you have the chance to confirm and fund your new account — closing the window could cause you to lose the bonuses.
Once you open and fund your new accounts, you will be able to track your bonuses here. You can expect to receive your funding bonuses in the form of Slickdeals Rewards Points within 30 days of funding the account. The SoFi Money direct deposit bonus comes within two weeks of meeting that requirement.
The Bottom Line
SoFi Money offers some impressive features for a banking account, including no overdraft fees and the chance to earn up to 15% cash back on select purchases. SoFi Active Invest provides an opportunity for investors across the spectrum to invest in stocks, exchange-traded funds and select cryptocurrencies with a minimum opening deposit of $5 — what’s more, there are no fees to trade.
If you’re thinking about switching your banking or investing to a new institution or you simply want to try out SoFi, these bonuses provide a serious incentive without significant requirements to earn them. By stacking the bonuses, you can maximize your rewards with Slickdeals.