Open a SoFi Money account to manage your spending and budget with zero account fees or ATM fees worldwide.
To earn a $75 bonus, sign up via this SoFi Money $75 Referral Link and make 2 direct deposits of at least $500 each.
On top of that, you’ll earn 5% cash back for up to $100 on SoFi Money debit card purchases within 60 days.
Additionally, you can earn a $25 referral bonus for each new SoFi Money customer that you refer in the app.
You can open your SoFi Money account in minutes, and all U.S. citizens and most permanent residents over 18 years old are eligible.
After you qualify for this SoFi Money $75 bonus, you can also get this SoFi Invest $75 Account Bonus to earn $150 total.
SoFi Money Features
- Earn 0.20% APY on all of your money with no minimum balance required.
- Mobile-first banking powered by the SoFi app and SoFi Money Debit Card.
- Use the app to make mobile transfers, photo-check deposits, and for customer service.
- Send money to anyone you need to right from your app, and if they are SoFi Money holders, they’ll get it instantly.
- Pay no account fees or ATM fees worldwide.
- Use any ATM worldwide that accepts Visa, and they will reimburse you for the fees.
- SoFi Money is FDIC-insured up to $1.5 million with additional protection against fraud.
- Get access to exclusive member benefits like events and experiences, financial planning, career coaching, rate discounts on other SoFi products, and more at no additional cost.
- SoFi does not charge foreign transaction fees, but there is a foreign exchange fee of 1% charged by Visa that is not waived.
Get $75 Bonus from SoFi Money
1. Visit this SoFi Money $75 Referral Link to open your account.
2. Make 2 direct deposits of at least $500 each.
3. The $75 bonus will be credited directly to your SoFi Money account.
You will not earn a $75 SoFi Money bonus if you have or had an existing funded SoFi Money account.
Earn 5% Cash Back from SoFi Money
All new SoFi Money customers will earn 5% cash back for up to $100 on purchases with your new SoFi Money debit card.
For purchases made within 60 days of account opening, SoFi will credit your account with 5% of each eligible purchase, up to a maximum of $100.
In order to qualify, you must open your account between April 20, 2020 and June 30, 2020.
It will take 5-10 business days before you receive your SoFi Money Debit Card and can begin making purchases.
Certain merchants and transactions are excluded, including DoorDash, Disney+, Hulu, Netflix, Spotify, HBO Now, Amazon Prime Video, CBS All Access, Pandora Music, and Google Music.
ATM, Bill Pay, ACH transactions, and purchases via check are not eligible for 5% cash back.
SoFi Money Referral Program $25 Bonuses
Once you open a SoFi Money account, you can participate in the SoFi Money Referral Program to share cash bonuses with your friends.
For each new user that you refer who opens a new SoFi Money account and makes 2 direct deposits of at least $500 each, you will receive a $25 bonus, and they will receive a $75 bonus.
You can earn up to $10,000 in cumulative referral or welcome bonuses from SoFi Money within any calendar year.
SoFi Money referral bonuses and welcome bonuses are each considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable).
You may also wish to participate in the SoFi Loan Referral Program to earn additional bonuses with personal and student loans.
Check out SoFi Money for a deposit account that encompasses the best of checking and savings in one account that is easy to manage.