The Offer
Direct Link to offer | Another link
- Swagbucks is offering 17,500 ($175) when you open a new SoFi Money account and get a qualifying direct deposit of $200 or more.
The Fine Print
- Requires a direct deposit of at least $200.
- Award will Pend for 32 days. Allow up to 5 days for award to appear as Pending.
- Must be first deposit.
- SoFi Money is a mobile-first cash management account that charges no account fees and no fees to withdraw cash at 55,000+ Network ATMs worldwide.
Our Verdict
SoFi Money is a simple account to open, though this bonus does require a direct deposit as well. The $175 probably won’t get reported on a form 1099, and legally you’d have to self-report the bonus. We’ll add this to our list of Best Bank Bonuses.Â
This $175 bonus should stack with the $100 direct deposit bonus for existing users (that one requires a larger $1,000 in direct deposits within 30 days; direct link). I believe this is the best bonus for SoFi Money we’ve ever seen.
Hat tip to reader Davis
The deal above may be expired but SoFi is offering a $250 sign up bonus now.
Are there any accounts, like chime that they consider a direct deposit? I’m self employed and don’t get normal direct deposits like most people. Thanks!
Just saw live back on swagbucks and my points! Looks like SoFi is giving a bonus too on their end + the points from swag / my points. SOLID deal
Back at $200 on swagbucks
Swagbucks is a fraud and scam. They are refusing to honor the $175 even with screenshots. They claim there is no record in their shopping log. There was but it never showed as completed, now they deleted it so it isn’t there. They’ve also done this with other offers. I’ve had similar issues with Rakuten but after filing tickets with them they usually honor it.
Neither is worth it if I have to file tickets for every offer. I did receive the Sofi offer and it was painless and the account is pretty nice.
I’m deleting the swagbucks plug in now. Con artists.
Did anyone use Astra for this and successfully have it code as a DD?
Deal is dead
I funded my account with $10 when opened the SOFI account, plan to do DD later, I think as long as you are doing DD over$200, you will get the bonus? or it is not?
I see the $175 + $300 is now possible.
Does anyone know if PNC or Wells Fargo ACH triggers DD requirements for Sofi Checking/Savings?
I saw on those 2 on the list for “Sofi Invest” but wondering if it’s the same, and if anyone has any recent DP.
The wording for DD requirement sounded pretty strict for this bonus.
How do I get the Swagbucks? I clicked through the link and applied to the offer. I’ve never used swagbucks and don’t have an account. Was I supposed to have signed up on Swagbucks first?
Yeah, before opening the bank account: Download the Swagbucks app, sign up and log in. Search in Swagbucks app for the bank offer, take a lot of screenshots, and follow the instructions exactly to open the account through Swagbucks