The Offer
- SoFi Money is offering 20% back on Netflix for three months when you pay with SoFi debit card.
The Fine Print
- Requires registration in you SoFi account
- Must enroll by February 20
- Offer valid for 3 months from enrollment
- Max $20 back per month
- Limit one Netflix subscription per month
- The total number of enrolled members under this Program is limited to the first 500 users who enroll
Our Verdict
The SoFi Money checking/savings account is just ending their offer for 20% back on Lyft rides; that’s obviously much more scalable/useful than on Netflix. Initially I had thought this was an open-ended offer, but seeing the 3 month limit it’s really not too interesting. Still I suppose you can save a few dollars with this offer if that’s worth the bother for you to change your Netflix payment type.
It’s interesting to see a checking/savings account make themselves so interesting with other perks, similar to what credit card companies try doing. SoFi also has run various nice signup offers and has other interesting perks.
Hat tip to reader JJ and to Frequentmiler
View Comments (17)
Looks like this is available to everyone now: https://www.sofi.com/money/cashback/
@will / @chucksithe
For the next three months, you can earn 20% cash back when you use SoFi Money® on the following services:
• Streaming services, including Netflix, Amazon Prime Video, Disney+, Hulu, HBO Now, CBS All Access, Spotify, Pandora Music, and Google Play Music.*
• DoorDash orders.**
@will @chucksithe The new & improved offer just went out via e-mail.
"For the next three months, you can earn 20% cash back when you use SoFi Money® on the following services:
• Streaming services, including Netflix, Amazon Prime Video, Disney+, Hulu, HBO Now, CBS All Access, Spotify, Pandora Music, and Google Play Music.*
• DoorDash orders.**"
Lots of fine print... not sure if it's targeted.
Thanks, just posted
Am enrolled in the current Netflix offer and also received this email, hoping I can get a few more months out of it. With the new Mastercard going out maybe that will be a way to re-enroll in this.
Also noticed Amazon Prime Video is on the list my payment isn't until July, but if I pay early with this that would be nice cash back. Hard to believe you would get 20% of Prime so maybe its just the streaming, which I thought you needed prime for?
Nice my 12.99 bill hit and the 2.60 was posted to money account same day! Finally gave me a reason to use the debit card.
This could end up being a bit of a mess, considering 1) enrollment is done by changing your payment method to your SoFi debit card and 2) we're all getting new debit cards by mid-April (switching from Visa to MC). Hopefully they considered all of that.
Where do you actually enroll for this?? Is it an email, the direct link is just the terms and conditions...
Edit: here is the actual direct link to register:
https://www.sofi.com/my/money/account/?utm_campaign=2020021_Braze_LifecycleComms_Marketing_Email_Money_Unidentified_ExistingMember_Active_Start_V1_OneTime_N_NoSegments_Netflixmoneynonapp3rdSendupdate2&utm_source=BRAZE&utm_medium=EMAIL&utm_content=Variant+1#/programs/MNYNFLX20
Thank you! Enrolled.
Thanks, enrolled.
If you want to join SoFi Money, don't forget that they still offer a $25 signup bonus if you join with a referral link! https://www.doctorofcredit.com/sofi-money-2-25-account-25-referral-bonus-for-both-members/
@chucksithe referral spam
I linked to DoC's own post specifically for posting SoFi referrals...
Indeed you did! Thought a spam link was odd coming from you- sorry man. I'll double check before crying wolf next time.
No worries! Just wanted to help make sure any readers who decide to create an account to take advantage of this promo also get an additional $25.
"The total number of enrolled members under this Program is
limited to the first 500 users who enroll."
I'll add that, thanks. You're savings us from losses here :)