Open to new and existing SoFi members who have never set up direct deposit with SoFi. SoFi totals your Eligible Direct Deposits over the 25 days after the first one: $1,000–$4,999.99 earns $50; $5,000+ earns $400. The bonus posts within 7 business days of meeting the requirements. Promotion runs through 12/31/2026 at 11:59 PM ET. Bonuses may be reported on a 1099-MISC.
✓ Verified Oct 17
$400 SoFi Checking & Savings bonus
$5,000+ in Eligible Direct Deposits within 25 days of your first one ($50 for $1,000–$4,999.99). First direct deposit must arrive by 12/31/26.
Opens the bank's site. We may earn a commission. Advertiser disclosure · Ends Dec 31, 2026