SoFi Checking & Savings: Open New Account w/ Direct Deposit, Get 2.00% APY + $300 Bonus

Discussion in 'Hot Deals' started by chris, Aug 13, 2022.

  1. chris

    chris Administrator Staff Member
    2.00% APY + Up to $300 Bonus when you Open a New Online Checking or Savings Account and Set UpDirect Deposit.

    • After Opening a New Account and setting up Direct Deposit, wait for your direct deposit to hit your account (typically 2-4 weeks).
    • Amount of Direct Deposit Cash Bonus depends on Total Qualifying Direct Deposit amount in 30-day Evaluation Period :
      • $1,000 - $1,999 Total Qualifying Direct Deposit: $50 Cash Bonus
      • $2,000 - $4,999 Total Qualifying Direct Deposit: $100 Cash Bonus
      • $5,000 or more Total Qualifying Direct Deposit: $300 Cash Bonus
    • SoFi will credit members who meet qualification criteria within 14 days of the end of the Evaluation Period.
    • Direct Deposit Bonus Promotion ends 9/30/22 11:59PM ET.
    • No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint Network.
    • Up to 2-day-early-paycheck
    • Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
    • Organize your money, set savings goals, and save your change with Vaults and Roundups.
    • You'll earn 2.00% APY (annual percentage yield) on your SoFi Checking and Savings account with direct deposit. That's more than 66x the national average rate for a checking account! Members without direct deposit will earn 1.00% APY, which is 33x the national average.
    • There is no minimum direct deposit amount required for 2.00% APY. However, please note that there is a minimum direct deposit required for No-Fee Overdraft Coverage ($1,000).
    • Interest rates are variable and subject to change at any time. Rate of 2.00% APY is current as of 08/12/2022. Additional information can be found at
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