If you’re looking to make easy money while opening a feature-packed bank account, SoFi is currently running a limited-time promotion that could put up to $300 straight into your pocket. The popular online financial platform is offering a one-time automatic cash bonus for new customers who meet the simple requirements. With no monthly fees, high interest rates, and modern banking tools, this offer is quickly gaining attention.
Here’s everything you need to know to claim your SoFi sign-up bonus and what benefits come with the account.
Get Up to $300 in Free Cash—Automatically
SoFi is offering $50 to $300 for new customers who open a combined Checking and Savings account and make qualifying direct deposits within the first 25 days.
How the bonus works:
- Deposit $5,000 or more in direct deposits within 25 days → Get $300
- Deposit between $1,000 and $4,999 in the same period → Get $50
The best part? You don’t need to fill out any forms or claim the bonus manually. Once the direct deposit requirements are met, the cash bonus is automatically paid into your account.
But act fast. The promotion is time-sensitive, and SoFi is urging users to take action soon before the offer ends.
Why SoFi’s Account Stands Out
SoFi’s Checking and Savings account is more than just a bonus deal. It also offers a high-yield savings rate and plenty of digital banking perks. Here’s what you get:
- Up to 3.80% APY on savings and 0.50% APY on checking with direct deposit
- 1.20% APY even without meeting direct deposit requirements
- No monthly maintenance fees or overdraft fees
- Access to 55,000+ fee-free ATMs via Allpoint network
- Tools like RoundUps and Vaults to help grow your savings
- Early payday access, up to two days early with qualifying employers
- Free paper checks on request
- Peer-to-peer payments, ATM withdrawals, and electronic transfers
- Cash deposits via GreenDot retail partners (fees may apply)
- FDIC insurance up to $3 million (if enrolled in SoFi’s Insured Deposit Program)
Daily Limits to Keep in Mind
While SoFi offers many features, it does come with daily limits for security:
- ATM withdrawals: Up to $1,000 per day
- Debit card purchases: Up to $6,000 per day
Why These Offers Work
Financial experts say these kinds of bonuses are attractive because they offer clear, instant rewards. According to Sam Taube, an investing writer at NerdWallet, “Promising new customers a concrete amount of money – say, $200 or $300 – may have more of a draw than an extra 1% of yield.”
SoFi’s simple terms and automatic rewards make it a go-to choice for people looking for fast cash, digital convenience, and long-term value.
How to Claim the Offer
Visit SoFi’s official website, open a new Checking and Savings account, and set up direct deposits totaling at least $1,000 (for a $50 bonus) or $5,000 (for a $300 bonus) within 25 days of account opening.
SoFi is giving new customers a golden opportunity to earn a cash bonus while enjoying the benefits of a modern online bank. With no fees, competitive APYs, and helpful financial tools, their Checking and Savings account offers both short-term rewards and long-term advantages. But with a time-sensitive deadline, it’s best to act quickly if you want to claim your share of the $300 offer.