SoFi Checking & Savings: $700 Bonus & Up to 3.80% APY!
SoFi's Checking and Savings account offers a lucrative bonus opportunity alongside competitive interest rates. Currently, the promotion boasts a potential $700 bonus, achieved by combining SoFi's $300 offer with additional bonuses from partners like Rakuten (up to $375) or InboxDollars ($325). The total bonus amount varies depending on the chosen partner and timing of the offer. To maximize earnings, utilizing referral links can add another $25. The SoFi bonus itself requires a qualifying direct deposit of $5,000 or more within 30 days, while smaller deposits ($1,000-$4,999) yield a $50 bonus. Direct deposits must originate from an employer, payroll, or benefits provider via ACH; other deposit methods do not qualify. SoFi's interest rates are attractive, reaching up to 3.80% APY with direct deposit and 1.00% APY without. This high-yield account has no balance caps or limits on earning interest, making it appealing for various savings goals. While the $700 bonus represents a high-value incentive, the bonus structures from partner programs can change, so it is crucial to check the current offers before applying. As with any bank bonus, there are requirements and deadlines to meet to claim the full amount. The source highlights the importance of reading the terms and conditions of each offer carefully to ensure eligibility. The SoFi account replaced the previous SoFi Money account and is available nationwide with a soft credit pull. The article also mentions previous bonus offers with other partners such as MyPoints and Swagbucks, showing the dynamic nature of these promotions. It’s advisable to compare current offers before engaging with the program.
(Source: https://dannydealguru.com/sofi-checking-savings-250-bonus/)
