SoFi® Bonus Offers for March 2026

One of SoFi’s most popular bonuses comes from opening a SoFi Checking and Savings account and setting up direct deposit to earn $50 or $400, depending on your deposit amounts.

All SoFi banking bonuses at a glance

• SoFi Checking and Savings terms and conditions

  New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.
  
  SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults)and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
  
  Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet
  
  We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.
  
  SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.
  
  We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.
  
  Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
  
  Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.
  
  Earn up to 4.00% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.30% APY as of 12/23/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 3/30/2026. Rates variable, subject to change. Terms apply at sofi.com/banking#2. SoFi Bank, N.A. Member FDIC.

• SoFi Crypto Terms and Conditions

  CRYPTOCURRENCY AND OTHER DIGITAL ASSETS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
  Cryptocurrency and other digital assets are highly speculative, involve significant risk, and may result in the complete loss of value. Cryptocurrency and other digital assets are not deposits, are not insured by the FDIC or SIPC, are not bank guaranteed, and may lose value.
  All cryptocurrency transactions, once submitted to the blockchain, are final and irreversible. SoFi is not responsible for any failure or delay in processing a transaction resulting from factors beyond its reasonable control, including blockchain network congestion, protocol or network operations, or incorrect address information. Availability of specific digital assets, features, and services is subject to change and may be limited by applicable law and regulation.
  SoFi Crypto products and services are offered by SoFi Bank, N.A., a national bank regulated by the Office of the Comptroller of the Currency. SoFi Bank does not provide investment, tax, or legal advice. Please refer to the SoFi Crypto account agreement for additional terms and conditions.
  
  SoFi cryptocurrency products and services will be offered by SoFi Bank, N.A., subject to applicable regulatory approvals. Participation is subject to the promotion's terms and conditions and does not constitute an offer or guarantee of access to cryptocurrency-related products or services. Cryptocurrency and other digital assets are highly speculative and involve significant risk, including the potential for complete loss of value. These assets are not insured by the FDIC or SIPC and do not carry any bank guarantee.
  
  1% Crypto Match Promo
  ● Runs 2/12/2026 - 3/30/2026
  ● Promo Details: All members can earn a 1% Crypto match, no SoFi Plus requirement
  ● “Get a 1% match on crypto buys through 3/30/26.*”
  ● Required disclosure:
  *Earn a 1% match, in stablecoin or a cash equivalent, on net funded crypto buys (up to 250K volume) made from 2/12/26 - 3/30/26. Assets must be held on the platform through 12/31/26. Withdrawals before 12/31/26 will reduce the match amount. SoFi Crypto products and services are offered by SoFi Bank, N.A., a national bank regulated by the Office of the Comptroller of the Currency. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations http://www.sofi.com/crypto/1percentmatch
  
  Weekly $100k in BTC Promo
  ● Runs Weekly, Mon-Sun, starting 2/16 - 3/31
  ● Promo Details: New Crypto members each week, for 6 weeks, will equally split a weekly prize pool of $100k in BTC
  ● “When you open a SoFi Crypto account this week, you’ll split $100k in Bitcoin with all our other new members this week.”
  ● “SoFi is giving away $100K in Bitcoin every week through March 31, 2026”
  ● “Get your share of $100,000 in Bitcoin this week.”
  ● Required disclosure:
  Must be a net-new SoFi Crypto member to qualify. Prize is an equal share of a weekly $100,000 pool, payable in Bitcoin (BTC), calculated based
  on the number of new accounts opened each week. BTC credited within 10-15 business days following the Weekly Prize Period. Cryptocurrency
  is NOT FDIC insured, NOT bank guaranteed, and MAY lose value. See terms and conditions at https://www.sofi.com/crypto/100K
  
  

SoFi’s best bonus offer

In our opinion, the best SoFi bonus offer is the SoFi Checking and Savings account direct deposit bonus. You can earn $50 or $400 simply by setting up direct deposit and meeting the amount requirements.

With the SoFi bank account open, you can also send referrals to friends and family to earn $75, and they can earn $25 — however, it’s not cold hard cash. The SoFi bank account referral bonuses are paid out in reward points, which you can use with a SoFi Active Invest® account, SoFi Credit Card account, SoFi Travel purchases and other SoFi loans. You can only receive up to $10,000 in referral bonuses, but that limit would take a lot of work to reach.

Compare more bank account bonuses

SoFi offers a lot of bonuses, but they are mostly referral bonuses. If you already have a SoFi bank account, you could take advantage of its bank account referral bonuses, but the rewards you earn are rewards points to be used toward other SoFi products. If you’re a new SoFi customer, take advantage of its direct deposit bonus to earn $50 or $400 by meeting deposit requirements.

If you’re not sold on SoFi just yet, compare more bank account bonus offers.

Frequently asked questions

Are there banks with immediate signup bonuses?

Most signup bank bonuses aren’t immediate. Generally, you’ll need to meet some type of requirement, often a direct deposit, balance or activity requirement. After you meet the requirements, you’ll likely receive the signup bonus within 30 to 90 days, depending on the bank.

Is SoFi a real bank?

Yes, SoFi is an FDIC-insured online bank. SoFi received its bank charter in early 2022.

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Bethany Hickey

Banking editor

Bethany Hickey is the banking editor and personal finance expert at Finder, specializing in banking, lending, insurance, and crypto. Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt. Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others. Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine. See full bio

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