SoFi Invest (different from SoFi Money) has a bonus where they will give you $100 worth of your favorite stock to start building your portfolio when you fund your SoFi Invest account with at least $1,000. You can easily cash it out and withdraw the money after the bonus posts within 10 days.
- Find a friend who is a SoFi member and ask them for their referral link to signup for SoFi invest.
- Choose your favorite stock (choose a stable stock like Microsoft if you want to cash out the $100 bonus right away)
- Transfer in $1,000 to your SoFi active investing account—this triggers your free ‘Stock Bit’ (i.e. the $100 of free stock).
- You’ll see the $100 of free stock (i.e. the Stock Bit) in your account "within ten days", although most SoFi members are reporting receiving the bonus after only 1-2 days
You can cash out immediately and pocket the bonus. - [optional] You can also make an additional $25 (making the bonus $125) for executing a crypto trade of at least $10. You just transfer an additional $10 into the Crypto account and purchase crypto – I bought and sold right away (only lost about 30 cents from the $25 bonus). If you do this, you’ll need to make sure you transfer in $1010 to cover the $10 for the crypto trade.
A 10% return on investment after only 10 days is extremely good in my opinion. This is much easier than waiting 90 days for a $50k investment like the other banking deals on SD (CIT, etc.). For those that don’t want to transfer in $1000, Sofi Money also has a $50 signup bonus for transferring in $100 after being referred by an existing SoFi member.
( New members MUST be referred by a current member to receive the bonus. Do not sign up via their website or the link below). A reminder that SD does not allow referrals of any kind, so please do not ask or offer any referrals in this thread guys.
https://www.sofi.com/invest/