How do I earn this bonus?
- Open an eligible account. Your first qualifying direct deposit must arrive by December 31, 2026.
- Receive $5,000+ in qualifying direct deposits during the 25-day bonus period for $400; $1,000–$4,999.99 earns $50.
- Keep the checking account open and in good standing. Payout is within seven business days after completing requirements.
What counts—and what doesn’t.
Qualifying activity
- Recurring ACH income from an employer, payroll/benefits provider, or government agency.
Excluded or unsafe to assume
- Checks; Zelle, PayPal, Venmo, or Wise transfers; merchant payouts such as Stripe or Square; bank ACH transfers; wires; tax refunds; and nonrecurring deposits.
An early small eligible paycheck can start the clock before the larger deposits you planned.
Who is eligible for this offer?
Only members who have never set up SoFi direct deposit qualify. Payroll, pension, and government benefits can qualify; self-transfers and tax refunds do not.
No prior SoFi direct deposit. One bonus per member; joint-account deposits count toward the primary account holder’s eligibility.
U.S. offer; confirm availability for your address with the issuer. Bonus qualification does not guarantee account or credit approval.
What fees could reduce the bonus?
No monthly account fee. Other service fees may apply; see SoFi’s fee sheet.
When does the qualification clock start?
The first recognized eligible direct deposit of $1 or more starts the 25-calendar-day measurement period.
When should the bonus arrive?
Within seven business days after completing the requirements.
A concrete example
Hypothetical: $3,000 of qualifying deposits earns the $50 tier; $5,000 reaches $400. Below $1,000 earns no bonus.
Timing and availability
First deposit by Dec 31, 2026. This is a dated offer snapshot. Confirm that the promotion is still available before opening an account.
Set an early target.
Uses a seven-day buffer. Confirm the exact deadline with your issuer; this tool does not check eligibility.
Your completion checklist.
Keep the official terms and supporting records privately. Checkmarks are your notes, not confirmation from the bank.
Keep the terms with your checklist.
Save the official offer terms and your enrollment confirmation. Record the exact start date, qualifying activity, deadline, and expected payout. Check the issuer’s full account agreement for account-standing, holding-period, and early-closure conditions; this summary does not establish that there are none.
Keep the account open and eligible through payout. Review the full account agreement and promotion for any additional holding or early-closure conditions before closing.
If the bonus does not arrive
Wait through the stated payout window, then ask the issuer which condition remains unmet. Keep your offer confirmation, qualifying posted transactions, and support case number. Share account documents only through the issuer’s secure channels.