SoFi: Get $300 When You Refinance Your Student Loan

SoFi is offering $300 when you refinance your student loan. And for a limited time, you’ll also get $10 just for checking your rate!

Ninja Note: Interested in more SoFi offers? Check them out our Sofi Promotions page.

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About SoFi

I’ve written in the past how much I love SoFi. In fact, when I reviewed SoFi Money, their cash management account, I was so impressed that I gave SoFi Money 9.5 out of 10 stars.

For those of you who are not familiar with SoFi, it’s an online personal finance company originally known for their competitive student loan programs. They’ve since branched out to offer savings accounts, personal loans, investment opportunities (stocks and cryptocurrency).

SoFi $300 + $10 Refinance Student Loan Offer

You’ll earn $10 just for checking your rate and doing so will not affect your credit score. The $10 is a gift card bonus that is yours to keep regardless if you go through with the student loan refinancing.

If you do decide to refinance your student loan with SoFi, you’ll receive a $300 cash bonus once your loan is funded.

SoFi student loan refinancing $300 bonus
(Image from SoFi)


SoFi $10 Check Your Rate Bonus Terms & Conditions

Eligible Participants:

  • Checking your rate will not affect your credit score.
  • The Promotion is open to anyone who resides within the United States and is of the age of majority in the state in which they reside. SoFi employees are not eligible to participate in this promotion.
  • In order to be eligible to claim a bonus when checking your rate for a Student Loan Refinance loan, you must be able to provide proof that you are currently a borrower on a qualified education loan that is eligible for refinancing with SoFi.
  • Participants will receive the $10 bonus gift card regardless of whether or not they are pre-qualified for a SoFi loan product.
  • Participants will only be eligible for one (1) $10 check your rate bonus. Limit of three (3) bonuses per household.


  • All payouts are fulfilled by SoFi’s vendor Customer Motivators. Eligible participants will receive an email from Customer Motivators with a unique code and a link to a web page to redeem for a $10 bonus gift card.

SoFi $300 Student Loan Bonus Terms & Conditions


  • Participants will get another $300 when they fund a SoFi loan.

The Bottom Line

From what I here, the rate of their loans are very competitive. SoFi was originally known for their great student loan product before they branched out to other financial products and services.

For someone who is curious to see what their student refinance rate could be, this is a deal I would jump on. There’s no affect on your credit score since SoFi performs a soft inquiry and not a hard one. The small $10 bonus helps too.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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