SoFi Money, Get $75 Bonus Plus 5% Cash Back on Purchases
SoFi Money is a great money management tool/account and it is a completely fee free set up. There are no account minimums, no monthly deposit requirements and no fees to take your money out. Now, when you sign up for a new account you can also get 5% cash back on purchases, in addition to the $75 signup bonus.
The Offer
For each eligible transaction made within 60 days of the date your new SoFi Money Account is opened, SoFi will credit your account for an amount equal to 5% of each eligible purchase, up to a maximum of $100 during the Promotion Period. The offer is for new accounts opened between April 20, 2020 and Jun 30, 2020.
Most purchase transactions using your SoFi Money Debit Card are eligible for cash back under the Program. Certain merchants and transactions are excluded, including DoorDash, Disney+, Hulu, Netflix, Spotify, HBO Now, Amazon Prime Video, CBS All Access, Pandora Music, and Google Music. Purchase transactions with the aforementioned excluded merchants are not eligible for the Stimulus Multiplier 5% Cash Back Program, but may remain eligible for other cash back programs offered by SoFi.
You can see the offer here. If you click learn more, you will see the 5% cashback promotion. You can also try the direct link if you don’t see the offer.
SoFi Money Bonus
This is probably the easiest bonus I have ever done and it pays out quicker than pretty much any other bonus. The current offer is as follows:
- Get $75 bonus after signing up and making 2 direct deposits of $500 of more.
- The $75 bonus is awarded the day after you make the deposit. Yes it is that quick!
Signing up for the account took me under 2 minutes. I was able to log into my bank account so they could pull my account info and make the first deposit. My bonus was waiting in my account the next day. The whole thing is pretty slick and the mobile app is pretty easy to use.
Conclusion
A good opportunity for a $75 bonus, plus 5% cash back on purchases, up to $100. The account offers some great perks, and recently they also started offering 20% discounts on streaming services and food delivery apps.
HT: Doctor of Credit
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I’m still waiting on my $75 bonus. It’s been 5 weeks since my 2nd direct deposit. I’ve emailed and chatted with customer service and still nothing.
2 separate offers; either or, not stacked
Wonder what qualifies as a direct deposit exactly?
$175 for one deposit & one w/d? And nobody else involved? Heck yeah, finally gonna sign up! Thanks