The Offer
- SoFi Invest is offering new and existing customers a 1% unlimited match when transferring over brokerage funds or IRA funds from an outside brokerage into your SoFi Invest or IRA account.
- Must transfer a minimum $20,000 to get the bonus. There is no maximum.
- Offer ends 4/17/25. Must transfer by 4/17/25 and must maintain funds through 12/31/25. Bonus will be paid out in January 2026.
The Fine Print
- Offer valid from March 17, 2025 – April 17, 2025. This period may be extended at SoFi’s discretion.
- Subject to these terms and conditions, eligible customers earn a 1% Match (the “Match”) when transferring at least $20,000 in investments from another brokerage firm into a SoFi Invest Active Brokerage taxable or Active retirement account (Traditional, Roth, or SEP IRA) with SoFi Securities LLC (“SoFi”) during the Offer Period (defined below). The Match is calculated based on the total net dollar amount of incoming settled transfers from another brokerage to an individual SoFi Active Invest during the Offer Period less any outflows or withdrawals (“Net Transfers”) and maintained through the end of December 31, 2025 (the “Holding Period”). The Match will be paid in cash after the Holding Period in January 2026 and based on a calculation of 1% of Net Transfers as of the end of the Holding Period End Date, and is contingent on Net Transfers being maintained throughout the Holding Period. The Match will be paid into the same account you transferred investments into. Transfers into multiple Active Brokerage taxable or Active retirement accounts may not be combined to total $20,000.Example 1: If you transfer $20,000 into your Brokerage IRA account during the Offer Period, and do not make any additional contributions or withdrawals for the rest of the year, you will be matched 1% equaling $200.Example 2: If you transfer $40,000 into your Brokerage taxable account during the Offer Period, and make an outflow of $5,000 before the Holding Period End Date, you will be matched 1% of $35,000 equaling $350.Example 3: If you transfer $20,000 into your Brokerage taxable account during the Offer Period, and make an additional transfer of $5,000 during the Holding Period, you will be matched 1% of $20,000 equaling $200.
- Eligibility – The Offer is available to customers who have (1) an existing Active Investing Account in good standing or have successfully opened an account during the Offer Period through SoFi Securities LLC; (2) have successfully transferred at least $20,000 in assets via ACAT during the Offer Period; and (3) maintain an open SoFi Invest account with Net transfers of at least $20,000 through the end of the Holding Period. Only assets received through an ACAT transfer are eligible. The transferred assets must be settled before the end of the Offer Period to be eligible for the Match
- The value of the reward you receive may constitute taxable income. SoFi Securities LLC may issue a Form 1099 (or other appropriate form) to you that reflects the value of the Match.
Our Verdict
This offer is excellent with a solid 1% match on both brokerage transfers and IRA transfers, and with a low required hold time of 9 months. You can also transfer both your brokerage account and IRA account (with a minimum $20,000 in each) and get a 1% match on both.
If I hadn’t done the Robinhood 1% match (which has a 2 year hold), I’d jump on this offer. I’d sign up for Sofi Invest using a portal like TCB, Rakuten, or Swagbucks to get $100. Then I’d transfer over as much brokerage (or IRA) funds as I could. I’d be comfortable transferring any amount under $500,000 (per account type) since it’s covered by SIPC insurance. I’d hold the funds there until January 2026, and then I’d decide whether to keep the funds there or move on. If I move my money out of SoFi I’ll get hit with $100 ACAT-out fee, unless I transfer over to a brokerage like Fidelity who reimburses that fee. (I’d likely do the SoFi Money $500-$600 bonus along the way too. It’s a completely unrelated bonus, but when I’m creating a relationship with a bank I tend to go all the way with them.)
It’s the golden age for brokerage bonuses as better and better offers continue to roll out from various financial institutions. We’ll add this to our list of Best Brokerage Bonuses.
Hat tip to reader tuphat
