SoFi Money (1.80% APY) – Limited Time: $100 referral bonus (unknown expiration)

By | October 27, 2019 9:07 pm EST

SoFi Bank has again brought back $100 referrals. I can’t seem to find any information as to when this promotion expires. Like before, referrals still receive $50 after depositing $100, but the referer receives $100 (increased from $50).
https://www.sofi.com/money/
(New members MUST be referred by a current member to receive the $50 bonus. Do not sign up at the link above if you are looking for the bonus. The link is provided just for information purposes.)
Reminder that referrals of any kind are not allowed on SD ever. Do NOT ask for or offer any referrals here, including via PM. It’s not allowed and can get your account warned or banned
The Invest $50 referral bonus is still going on.
For those on the fence about the bank…
They are now advertising on TV. It is legit. Current APY is 1.8% (in line with current market rates). The money account is limited to six withdrawals per billing cycle as it is a savings account. ATM card is provided. Your account can be accessed by website or app. There are no fees or early termination fees (if all you are looking for is to get the bonus and cash out). Bonuses post immediately (~1 day) after completing the $100 deposit (Venmo works). However, you need to wait a few days before you can cash out the bonus. There are no limitations on household, so you can refer your significant others if you so desire. There are no fees associated with the bank.
I’ve been using them for a few months now. Decent bank. They also offer an investment vehicle to buy stocks, including buying fractional shares. That also has a bonus system too. Get referred to it, receive $50 in stock after depositing $25 into the investment account. On a side, you can’t refer someone to more than one product. If you refer someone to the Money product (and receive the bonus), you will not receive a bonus for them if you attempt to refer them to the Invest product. The refer-ee will receive the extra bonus, but the refer-er will not. Invest $50 bonus also posts immediately, as a stock purchase which you can sell immediately. They still have the $25 crypto bonus (with $10 investment) going on. Bonus posts as a BTC purchase, which you can sell immediately.
Total bonus possible for a single new member: $125 after depositing $135 ($100 for Money, $25 for Invest, $10 for crypto).

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