Earn $300 by Opening A New SoFi Checking and Saving Account

Earn $300 by Opening a New SoFi Account: SoFi is offering a $300 SoFi is offering a $300 welcome bonus when you open a new SoFi Checking and Savings account and meet the offer requirements. SoFi is an online financial services company providing lending, banking, investing and other options. The SoFi Checking and Savings account is a free, online account with no minimums and ATM fee reimbursements. If you open this new joint account, you can earn a $300 cash bonus.

Earn $300 by Opening A new SoFi Checking & Saving Account

Sofi is now giving good opportuniy to earn $300. You just Sign Up and get up to $300 bonus. For opening SoFi Checking and saving accound has no fees. You can open yur accoung and setup direct deposit to get chanse to earn up to three hundredd dollar. You will eligible to collect a cash bonus between $50 to $300 depending on your direct deposit amount.

Earn $300 by opening a new sofi checking and saving aacount

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Eligibility to Earn up to $300

To qualify for the $300 welcome bonus, you need to:

  • Open a new joint SoFi Checking and Savings account online.
  • Fund each account with at least $10 within 14 days of account opening.
  • Set up a qualifying direct deposit of at least $500 into the new checking account within 60 days. This can be payroll, pension, benefits or other deposit.
  • Use your new SoFi debit card to make 5 qualifying purchases within the first 60 days.
  • Maintain the accounts and activities for 90 days from opening.
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Once you complete all the steps, SoFi will deposit the $300 bonus into your new account within 2 business days after the 90 day period.

How to Apply to Earn $300 bonus with SoFi

Follow this step-by-step process to open a SoFi Checking and Savings account and earn the $300 bonus:

  • Go to official website of SoFi ‘https://www.sofi.com/banking/’
  • Provide your personal details to open the online application.
  • Complete identity verification and e-sign documents electronically.
  • Fund each account via electronic transfer or mobile check deposit of at least $10 within 14 days.
  • Set up a recurring direct deposit into checking of at least $500 within 60 days.
  • Activate your SoFi debit card when it arrives and make 5 purchases within 60 days.
  • Keep the accounts open and active for 90 days after opening.
  • SoFi provides the $300 bonus within 2 days of meeting the 90 day timeframe.

It’s easy to open digitally and complete the requirements from your phone or computer. Just don’t forget the purchases and direct deposit!

Fees of SoFi Checking and Saving Account

There is no minimum balance required to open a SoFi Checking & Savings account. Members can unlock 4.60% APY savings balances with either direct deposit (no minimum required) or by depositing at least $5,000 every 30 days. Here are the key details on fees:

  • No monthly service fees or minimum balances to earn interest.
  • Free ATM withdrawals at over 55,000 ATMs nationwide. SoFi reimburses any fees.
  • No foreign transaction fees on debit card purchases abroad.
  • External account transfers are free into and out of SoFi accounts.
  • Overdrafts do not occur. Purchases get declined with insufficient funds.
  • Added overdraft protection services carry fees if opted into and used.
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It’s designed to be an online, no-fee account as long as you use their network of ATMs. Just watch for extra charges if accessing out-of-network ATMs.

How SoFi Check your Credit for New Account?

SoFi does a soft credit inquiry when you apply for the Checking and Savings accounts. This checks for identity verification without impacting your credit score.

As long as you have a valid Social Security Number and decent credit history, the soft pull should not prevent approval. They are mostly looking for major issues like fraud alerts, bankruptcy or identity theft risks.

If not instantly approved, you may have to provide more documentation to verify your identity or eligibility. This is for fraud protection.

SoFi takes important steps to protect member privacy and data security. Here are some of their key protections:

  • Your personal data is never sold or shared with marketing companies.
  • They use secure logins, encryption, firewalls and other data protections.
  • Online and mobile banking includes multi-factor authentication for added security.
  • You can opt out of email marketing messages at any time if desired.
  • Their privacy policy provides transparency into data practices.
  • SoFi is a licensed and regulated financial institution subject to consumer compliance laws.

You can trust their commitment to data security as an online financial platform. Just take precautions like avoiding public WiFi for sensitive transactions.


You can contact SoFi customer service for assistance with your new accounts and bonus requirements.

  • Call 855-456-7634 anytime. Live support is available 24/7 for top priority issues.
  • Send secure messages via online or mobile banking and get emailed replies.
  • Chat online with customer service reps during business hours.
  • Email support@sofi.com from your verified member email address.
  • Send a paper letter to SoFi headquarters in California if needed for documentation.
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Reach out with any bonus eligibility questions or help completing the direct deposit and purchase requirements on time.

Chances to Approval of your Account

SoFi aims to provide fast, online account approval and funding. Here are some tips for smooth processing:

  • Provide accurate personal details including your valid Social Security Number.
  • Ensure your contact information and identity documents are up to date.
  • Minimize opening other new accounts to avoid credit inquiries impacting approval.
  • Have a checking account history if possible to demonstrate ability to manage accounts properly.
  • Start with lower opening deposits then fund fully once approved if you have limited banking history.
  • Use a debit card for the qualifying purchases if you do not already have other SoFi products.

With a decent banking and credit history, you can likely get approved digitally and earn the $300 bonus with no hassles. Just set calendar reminders for the purchase deadlines!

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