$275 SoFi Referral for FREE Checking + $75 Bonus [2024]

What is the SoFi referral program? As of January 2024, SoFi has five separate referral programs for its checking account, credit card, investing, personal loan, and student loan services. Each program has a separate SoFi referral link (listed below). To be eligible for the SoFi referral bonus, you must sign up for each program through its dedicated referral link.

SoFi Checking Referral: The SoFi Checking (or SoFi Money) referral program pays new users up to $275 with a qualifying direct deposit. Referring users receive $75 for every successful referral. The $275 referral bonus includes a $25 sign-up bonus and a $250 direct deposit bonus. To get the $25 bonus (easiest), new users must deposit at least $10 in their SoFi checking account within 14 days of account opening. The $250 bonus requires a qualifying direct deposit greater than $5000. If the direct deposit is between $1000-$4999.99, then the direct deposit bonus is $50.Here is the SoFi Checking Referral Link.

SoFi Credit Card Referral: The SoFi Credit Card referral program pays new users a 5,000 reward points (worth $50) when they open a credit card account. Referring users receive $100 for every successful referral. Here is the SoFi Credit Card Referral Link.

SoFi Invest Referral: The SoFi Invest referral program offers new users a free stock worth $25 when they open a SoFi Active Invest account and fund it with at least $100. Referring users receive $50 in stocks for every successful referral. Here is the SoFi Invest Referral Link.

SoFi Personal Loan Referral: The SoFi Personal Loan referral program pays both new and existing users $300 for every successful referral. Here is the SoFi Personal Loan Referral Link.

SoFi Student Loan Referral: The SoFi Student Loan referral program pays both new and existing users $300 for every successful referral. To be eligible for this referral program, new users must refinance their student loan through SoFi. Here is the SoFi Student Loan Referral Link.

Our guide takes you through everything you need to know about the SoFi referral program and gives you a SoFi referral link for each service. It’s time to get on top of your finances!

How to Earn the SoFi Referral Bonus?

We’re breaking down the step-by-step process of how to get the SoFi referral bonus. If you’re using the SoFi referral program, you’ll want to share these steps with your friends and family to make sure you both earn your bonus.

Step 1: Sign up for a SoFi Checking or Savings account using our SoFi referral link. Take note that the sign up bonus will not be credited to your account if you fail to use a valid SoFi referral link.

Step 2: Make a deposit within the first five days of at least $10. This minimum deposit must be made using an ACH transfer from your linked bank account or with an instant debit card transfer.

Step 3: Your minimum $10 deposit must stay in your SoFi account for at least 30 days for you to make eligible direct deposits.

You’re only eligible for one SoFi referral link reward and welcome bonus per customer. While the sign up bonus is only $25, SoFi allows you to receive up to $10,000 in referral credit each calendar year. This figure is significantly higher than most referral programs, which often limit your credit earning to $1,000 per year. You’ll want to make sure you share your SoFi referral link with your friends before they find another one to use. Follow the steps below to share your SoFi referral link with your friends.

What is the SoFi Referral Program?

SoFi Money is an online cash management account offered by SoFi, an American online personal finance company known for its student loan refinance services. The SoFi referral program is an easy way to earn rewards by inviting new users to the platform. Currently, the SoFi referral program has a few options and all of them have separate referral links. Please be guided below:

1. SoFi Checking and Savings Referral

When you sign up for a SoFi Checking & Savings account using a SoFi Checking and Savings referral link you can earn a $25 bonus. You may get an additional bonus worth $250 and earn up to 1.50% APY along with a free overdraft coverage and receive your payment up to 2 days early with qualifying direct deposits. One more thing, you don’t have to pay any account fees! Just deposit at least $10 to qualify for the credit.

2. SoFi Credit Card Referral

Apply for the SoFi Credit Card with a SoFi Credit Card referral link to receive a $50 welcome bonus. With the SoFi credit card, you can enjoy 2% unlimited cash back, no annual fees, lower APR when you pay on time and make use of the platform’s smart spending and budgeting tools. Earn more money with cash back, invest and pay your debts at the same time with SoFi.

3.  SoFi Invest Referral

Sign up with a SoFi Invest referral link to earn $25 worth of stocks for free. You may choose from over 100 famous stocks like Apple, Tesla, Disney, Nike and Amazon. Make sure to fund your SoFi Active Invest account with at least $100 to successfully earn your free stocks. Your free Stock Bit will be credited in your account after ten days.

4. SoFi Personal Loan Referral

Earn a SoFi referral $300 bonus after your loan funds when you register with a SoFi Personal Loan referral link. To receive the $300 bonus, keep your loan active and in good standing for at least 90 days. With SoFi Personal loan, you may borrow $5k-$100k with low rates, receive funds the same day you sign and check your rate online in just 60 seconds and be secure with SoFi’s  unemployment protection. This SoFi referral hack takes advantage of the referral system to get the most out of your SoFi loan.

5. SoFi Student Loan Refinance Referral

Get a SoFi referral $100 bonus in SoFi Money when you refinance with SoFi. Sign up using a SoFi Student Loan Refinance referral link to claim your $300 free money. You can view your rate without affecting your credit score. Refinance rates are  1.74% – 7.99% Variable APR with autopay and 3.49% – 7.99% Fixed APR with autopay.

Take note that you may receive only one SoFi referral reward and one welcome bonus per new customer. You are not eligible to get multiple referral bonuses for the same referral making use of multiple promotions and vice versa. Make sure to sign up with the specific SoFi referral links above depending on the program. Want more referral bonuses? Check out other referral programs to earn extra cash. Read our Cash App referral article and get free money when you sign up with our code.

Where to Find Your SoFi Referral Link?

Are you not sure where to find your SoFi referral link? SoFi provides each member with a unique SoFi referral link to share with friends and family. You can find your SoFi referral link by opening your SoFi app go to “Home” and click “Get $50”. You will see different options, tap “Refer Sofi Checking and Savings, Get $50”. Click the “Share Link” button and share it with your friends.

Once you have your SoFi referral link, you’re ready to start referring your friends and family to the SoFi platform. To do this, just share your link with them via email or social media. When they sign up for SoFi using your link, both you and your friend will get a SoFi bonus. This is a great way to save money and earn rewards for referring your friends and family to SoFi.

Where’s My SoFi Referral Code?

Are you looking for your SoFi referral code? Don’t worry if you can’t find it because it really doesn’t exist. But head over to the SoFi website or your SoFi app and you’ll find a “Refer a Friend” link at the top of the page. Click on it, and you’ll be taken to a page where you can enter your email address and generate your SoFi referral link. This referral link is unique to you, so make sure to keep it handy!

The SoFi Referral Program Requirements