Bank bonus
SoFi · SoFi Checking and Savings
Ends 2026-12-31
The terms
| Bonus | $50 ($1,000 DD) · $400 ($5,000 DD) |
|---|---|
| Minimum | $5,000 in direct deposits for $400 |
| Direct deposit | Required: $5,000+ eligible direct deposits within 25 days of the first one |
| Money tied up | about 30 days |
| Fees | No monthly fee |
| Expires | 2026-12-31 |
| States | Nationwide |
| Credit pull | soft (Doctor of Credit data points, not stated by the bank) |
In their own words
Set up your first Eligible Direct Deposit. SoFi must receive it on or before 12/31/26. ... $1,000.00 - $4,999.99: $50; $5,000.00 or more: $400. You will receive the bonus amount in your SoFi Checking account within 7 business days of completing all requirements.
Quoted from https://www.sofi.com/banking/checking-offer/, checked 2026-10-24.
See the offer at SoFiBattle math
| Amount | 30 days | 90 days | 180 days | 365 days |
|---|---|---|---|---|
| $5,000 | +$400 | +$400 | +$400 | +$400 |
| $10,000 | +$400 | +$400 | +$400 | +$400 |
| $25,000 | +$400 | +$400 | +$400 | +$400 |
| $100,000 | +$400 | +$400 | +$400 | +$400 |
Dollars you keep = bonus + interest earned (APY over the days) − estimated fees. "—" means the amount or time doesn't qualify.
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