FREE MONEY! Earn a quick and easy $300 with a SoFi Money and Invest account


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If you have not yet signed up for a SoFi money or SoFi invest account, now might be the time to do so. SoFi just increased their bonus for both types of account where new members can earn $50 cash back per account — yes, both the Money and Invest account will earn you $50 for FREE! Not only that, you’ll also earn $50 for referring others to sign up for SoFi. This means if you sign up and then refer another family member or friend, you can earn quite a bit of money for not much effort. Both accounts require you to deposit $500 to $1,000 to earn the bonus.

In addition to the bonus you’ll receive, those with a SoFi money account will save money on many grocery and streaming services. Through September 30, you’ll receive 10% cash back — up to $100 total — on the following: Instacart, Whole Foods, Trader Joe’s, Netflix, Disney+ and Spotify. All you have to do is pay for these services with your SoFi Money account. This promotion is for all new and existing SoFi members.

This means if you spend $1,000 on groceries — $333 a month — you can maximize your $100 savings. For many families, this is quite realistic to do, so you can easily think of this as $100 back in your pocket.

Ultimately, you are looking at $300 in free money — $50 for a SoFi Money account, $50 for a SoFi Invest account, $50 for referring your significant other to a SoFi Money account, $50 for referring your significant other to a SoFi Invest account and $100 back on groceries or streaming.

What is SoFi Money?

There has been quite a bunch of hype recently about SoFi Money over the past year and for many good reason. For starters, SoFi Money is a cash management account with absolutely no fees. All ATM fees are also reimbursed when using their debit card, so it is a great account to use when traveling. And most importantly, there is no hard pull so it will not go against your Chase “5/24” status or show up as a ding on your credit reports. It is also an easy way to make money on the sign up offers and referral bonuses.

New Members Sign Up Offer

There are two new member offers for those signing up for both a SoFi Money and SoFi Invest account through a referral link. Best of all, you are eligible to get the bonus for each account.

As mentioned above, if you refer friends or family members and they open up either account, you can continue to earn free money. You’ll receive $50 for everyone that opens up either account — with a cap of a whopping $10,000 per year! Thanks in advance to those who use my referral link. 

My Experience

I personally opened both a SoFi Money and SoFi Invest account many months ago. It took me just a few minutes to fully get both accounts set up. The process was seamless and transferring money into my account was easy.

I received my SoFi Money cash bonus within just 3 business days of setting up my account, and I received my free stock from the SoFi Money account within the same time period. My debit card then arrived within a week from when I applied.

While I haven’t traveled internationally with the card yet — and unfortunately have no plans to do so for awhile — I have tested it out at ATMs in my hometown many times. This card works out quite well at my favorite bagel place that only takes cash but has a random ATM in the building — perfect for when I need cash in a pinch. This ATM charges a fee and I am always immediately reimbursed. So far, I truly have enjoyed my new debit card.

Referring Friends

To refer a friend, you’ll need to install the SoFi app. (I was able to find it quickly in the App Store). Once in the app, on the upper left-hand side of the welcome screen you’ll see a circle with a person icon enclosed. Click that button.

Then, click the link that says “Invite friends.”

From there, you can refer a friend to SoFi Money and SoFi Invest. You can save your referral link and send it to friends, or you can directly send the link via a text message, email, Facebook, etc.

Overall…

This is a great way to get some money back into your pocket simply by signing up for a debit card account and maximizing the $100 credit. Unlike credit card welcome offers, there is no minimum amount of spend needed, no hard inquiry, no wondering whether or not you are going to get approved, etc. But really, my favorite benefit is the reimbursed ATM fees. For me personally, that is huge.

Right off the bat, you’ll receive $50 for signing up for the SoFi Money account and another $50 for signing up for a SoFi Invest account. Then, once you refer your significant other, you’ll receive another $100 in total ($50 for referring to SoFi Money and $50 for SoFi Invest). That means you personally can be ahead with $200 back in your pocket. That does not take into consideration the free money your significant other earns on the bonus or any other friends or family members you continue to refer.

Then you’ll get up to another $100 with this current cash back promotion — think of this as $300 in free money.

Feel free to comment below with your experience using SoFi.

Note: Feel free to leave your referral link in the comments below, but comments offering to pay readers for using their links will be deleted.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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Shane Dukes
Shane Dukes
10 months ago

https://www.sofi.com/share/money/2728480/

Transferred my money 2 days ago, finally appeared in account today. Referral and sign up bonuses still appear as pending.

Adam
Adam
10 months ago

Here’s my link! Great deal, thanks to anyone that uses it 🙂
https://www.sofi.com/share/money/2730810/

Billy Bob
Billy Bob
10 months ago

I tried to link three accounts and none worked. On the fourth attempt it said ‘you’ve reached your limit and cannot try again until November 1’. So, I cannot move $100 in until then. Will I still get my bonus?
Thanks

Henry
Henry
10 months ago

Here is the link for the Sofi Money account:
https://www.sofi.com/share/money/2729189

You can get another $50 in stocks with the Sofi Invest account as well:
https://www.sofi.com/share/invest/2729189

Daryl
Daryl
10 months ago
Nick
Nick
10 months ago

Opened an account using your link.

Jimm
Jimm
10 months ago

Hi there, sharing some data points: signed up Wednesday via iOS Safari, but had an issue initially and had to finish signing up in my Win10 laptop via Firefox, but worked out just fine. Downloaded the app and signed in, and the $100 referral link showed up right away so copied that to send off to my sister and friends. Went to deposit my initial $100 but evidently small banks require two small deposits to verify the account is valid, so had to wait a day to go through that confirmation process. Late Thursday night (day 2) the small deposits… Read more »

Jeff
Jeff
10 months ago

Sign up link. Thanks to anyone advance that uses it.

https://www.sofi.com/share/money/2728946/

midMOmike
midMOmike
10 months ago

Used your referral. Took about 10 hours for the two small deposits to show up in my bank account. Confirmed and placed $110 into soFi. Now I wait to find out if the deal for referrals is still in effect.

midMOmike
midMOmike
10 months ago

I signed up using your referral link. I hope many others have as well. It’s a way to help repay you for all the deals you’ve led me to over the past few years. The $50 bonus showed up today.
BTW… I think the referral links are only good for 14 days, so between Nov, 3rd and November 11th, if the Deals We Like referral link doesn’t work, feel free to use mine.

https://www.sofi.com/share/money/2739771/

Michael Buhse
Michael Buhse
7 months ago

The current offer is showing I need to invest $5k to get $100.
Get $100 worth of your favorite stock to start building your portfolio when you fund your SoFi Invest account with at least $5,000.

Michael
Michael
7 months ago

Neither of us can get our signup bonuses from Sofi without me giving them your email address. Please advise.

Scott
Scott
3 months ago

Hi!

Adrian
Adrian
1 month ago

https://www.sofi.com/invite/money/?gcp=03016de3-62c4-477d-846d-8903164378f2

This is an amazing deal! Not sure if that link works but anyone who is interested can try that link above!

Jerry
Jerry
1 month ago

SoFi Loans ($300 Bonus): 
 
sofi.com/share/3122498
 
SoFi Money ($50 Bonus with $500 deposit and another $75 when you sign up for Direct Deposit) :
 
https://www.sofi.com/invite/money?gcp=bf8efa9a-a4af-45df-a174-c27febaee833
 
Thank you in advance!

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