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The Offer
Targeted offer sent out via e-mail. Subject line is ‘Start investing and get a 1% match’
- SoFi invest is offering a 1% bonus on net recurring purchases when you make three recurring purchases of the same security during the incentive period, up to $1,000 bonus.
The Fine Print
- Earn 1% on total net recurring purchases (total recurring purchase amount less sales) whenever you make three recurring purchases of the same security during the incentive period.
- The max bonus payout per user is $1,000.
- This offer period is between now and 9/30/20.
- All bonuses will be paid within 10 business days of the conclusion of the offer period.
- Recurring purchases must be continually active from purchase to end of offer period (9/30/2020).
- NOTE:Recurring purchases pull from your bank account, not your SoFi Invest account balance.
Our Verdict
This isn’t as good as previous SoFi invest deals (up to $10,000 and up to $5,000) as those just required funding the account whereas this requires recurring purchases of securities. I don’t see an easy way to game this without any risk. Won’t be adding this to our best brokerage bonus list anyway as it’s targeted.
Hat tip to FM & ergodicthoughts
