SoFi® Bonus Offers for November 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

Bonus type	Bonus amount	Requirements	Learn more
SoFi Checking and Savings account direct deposit bonus	$50 or $400	Open a SoFi account and direct deposit at least $1,000 within 25 days of opening your account to earn a $50 direct deposit bonus. Deposit at least $5,000 within 25 days of account opening to earn $400. Expires December 31, 2026.	Go to site
SoFi Checking and Savings referral	$75 to $100 to the referrer and $25 to the referred	Share your referral link with the friend you want to refer to a SoFi Checking and Savings account. With a successful referral and the referred person deposits at least $50 within 25 days, you’ll get $75 in cash (or $100 if you’re a SoFi Plus member) and your referred friend gets $25.	Go to site
APY boost	Up to 4.40% with a 6-months Savings APY boost	New SoFi Checking and Savings customers can get a 1.10% boost on Savings APY for up to six months by receiving an eligible direct deposit or $5,000 in qualifying deposits within 60 days. To keep the APY boost, you’ll need to maintain one or the other every 31 days. The promotion runs through December 31, 2027. Terms apply.	Go to site

• 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 received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. 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 5/15/2026 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 0.80% 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 9/23/26. 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 9/23/26. 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 transaction fees for outgoing wire transfers, Instant Transfers, and global remittance transfers. 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 4.40% Annual Percentage Yield (APY) on one SoFi Savings account with a 1.10% APY Boost (added to the 3.30% APY as of 10/20/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/27. Rates are variable, subject to change. Terms apply at sofi.com/banking#4. SoFi Bank, N.A. Member FDIC.

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 a SoFi bank account open, you can also refer friends and family. You’ll earn $75 for each referral, or $100 if you’re a SoFi Plus member, and your friend gets $25 once they deposit at least $50 within 25 days. Both bonuses are paid in cash straight into your SoFi Checking accounts. You can earn up to $10,000 in referral bonuses per year, but that limit would take a lot of work to reach.”

Related: SoFi Invest bonuses and promos

Bonus highlight

If you’re still in the market for an account, check out Finder rewards for more opportunities.

Compare more bank account bonuses

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

Bank	Bonus offer	More info
Capital One	Up to $1,500	Learn more
PNC	Up to $1,000	Learn more
Axos bank	$50	Learn more
Upgrade	Up to $200	Learn more
Varo	Up to $100	Learn more
Fifth Third Bank	Up to $300	Learn more

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.

• Does SoFi support Zelle?

  Yes, SoFi supports Zelle. Learn how to use Zelle with SoFi here.