SoFi Money $150 Checking Bonus

SoFi is offering a $150 checking bonus when you open up a SoFi Money account! Take advantage of this holiday offer before it expires.

Ninja Update: SoFi Money is no longer available to new users. Instead, you can get the SoFi Checking and Savings account that comes with a $325 welcome bonus! See this and other offers at our Sofi Promotions page.

SoFi Overview

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 offering savings accounts, investment opportunities, student loan refinancing, and more.

SoFi Money $150 Bonus Offer

Direct Link

This holiday season, you can get up to a $150 bonus with SoFi Money:

  • $25 Bonus = Add $250 to your account and SoFi Money will award you $25
  • $75 Bonus = Set up direct deposit of at least $500 and SoFi Money will give you another $75
  • $50 Bonus = Spend on your SoFi Money debit card and SoFi Money will match up to $50 in Roundups savings
SoFi Money $150 checking bonus

What Are The Details?

Availability: Nationwide
Expiration: 12/31/2020
Household Limit: None (everyone in your family can get the bonus!)
Direct Deposit Required: Yes, $500
Soft/Hard Pull: Soft
Early Account Termination Fee: None

Avoiding Fees

SoFi Money doesn’t charge monthly fees so you can close the account anytime after you receive the bonuses, but it’s worth keeping this account around for all the spending bonuses SoFi offers.

Examples of this include 20% back on Netflix, 20% on Lyft rides, and 10% back at grocery stores/streaming services.

The Bottom Line

A decent offer for a great account.

Previously, SoFi Money had a $200 account opening bonus, but that expired in August. You can either wait until it comes back (if it does) or take this $150 promo before it expires at the end of the year.

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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3 years ago

thank you for all these sign-up bonuses. it’s been a big help this year for our family.