Posted by William Charles on September 11, 2019
Brokerage Bonuses

Published on September 11th, 2019 | by William Charles

43

SoFi Invest $50 Bonus When You Invest $25+

The Offer

Requires a referral, share your referrals in this linked post

  • SoFi is offering a $50 bonus when you open a new SoFi Securities LLC active brokerage account and fund it with at least $25. $50 bonus will be in the form of a fractional share in a company

Our Verdict

Bonus is normally $25 when investing $25, recently it was $25 when investing $1 and didn’t required a referral bonus. This is basically double the standard bonus so that’s nice. We will be adding this to the best brokerage bonus page. Do not share your referrals in the comments below, they can be shared in this linked post instead.

Hat tip to reader Vu

 



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Ryan Goldstein

I didn’t think SoFi was strict about sharing referrals. I’ve shared my SoFi Money referral link in comments here on the associated post with a number of referrals without issue.

Hari
Hari

Now you are on the hook. We do it the Amex way. Claw-back it is!

Ryan Goldstein

I don’t see anything in the referral program terms – https://www.sofi.com/referral-program/ – that would prohibit sharing a referral link online… so if they try to claw back, a CFPB complaint will be initiated. 😛

YoniPDX
YoniPDX

Can we send a referral request, by emailing you at your contact information by clicking on your name and then going to your website? Ryan Goldstein

Ryan Goldstein

I don’t have a SoFi Invest account, just SoFi Money (which I’ve heard stacks with this bonus): https://www.doctorofcredit.com/sofi-money-2-25-account-25-referral-bonus-for-both-members/

Betelgeuse
Betelgeuse

Same for me.

Sherry
Sherry

Could anyone share a referral link?

Owen
Owen

If you provide me with an email address, I can (per the terms of this post, I cannot post on here).

Superman
Superman

Don’t use primary (associated) email. Recall that Varo linked shared emails with account registrations to ban users.

A M
A M
Chang
Chang

Any clue if you can still get this if you already got checking account bonus?

JAY T
JAY T

Yes you can

Jit
Jit

thanks

JAY T
JAY T

Are you not allowed to post email here? Thanks

Chuck

No posting referrals unless it’s explicitly allowed.

Jay
Jay

Chuck, My referral link is not showing up on the referrals section posted.

Gadget 🕵️

William Charles Are you sure you aren’t thinking of Varo with the anti-posting/sharing policy? SoFi has a massive $10,000 cap on referrals. That’s a lot of friends and family!

I have a SoFi Invest account and not afraid to share my link.

ycx
ycx

FYI:

Sorry, non-permanent resident aliens are currently not eligible for Active Investing with Sofi.

Joe
Joe

(Nevermind, delete)

Sam
Sam

When the heck is Robinhood gonna come out with their cash management.

Dollz
Dollz

Is it a credit pull if I sign up for sofi money?

Gadget 🕵️

No, not a hard credit pull for SoFi Money or SoFi Invest. They likely soft credit pull one of the Big 3 credit reports for identity verification. If I was placing a bet, I’d bet Experian.

Rob
Rob

Does opening a SoFi Invest account (not the checking account) result in a Chex/EWS inquiry? Any word on funding options?

Gadget 🕵️

Rob Definitely not Chex. Unlikely on EWS.

No CC funding – that would be nice, but haven’t seen any investment app/account do that.

To fund, you link your bank account using your other bank login. If you don’t like that option, there is a way to connect via trial deposits, wire, mail a check, or ACAT, whatever the heck that is.

You have 14 days to fund, or you miss the boat on the bonus.

Raj
Raj

you can contact me for referral for $50 bonus

Gregoryfo
Gregoryfo

I signed up with a referral link from the other thread. I would like to use my own referral link to sign up my wife. However, when I go to membership and referral it only generates a referral link for loans. Can anyone tell me where to find the correct referral link?

SK
SK

I had same problem on the PC try the app you should find it.

Kyle ♥
Kyle ♥

Way easier from the app!

Kyle ❤️
Kyle ❤️

Go to sofi.com/referral/overview/
Copy your link and paste it somewhere. It has a 7 digit number in the address that you can plug in to this address template replacing “XXXXXXX”
sofi.com/share/invest/XXXXXXX/

Hope this helps 🙂

Bobby Red
Bobby Red

Does the referrer get anything?

Kyle ♥
Kyle ♥

Yes, also $50 in stock bits.

Non-resident alient
Non-resident alient

Sorry, non-permanent resident aliens are currently not eligible for Active Investing with Sofi.

icemule1
icemule1

Anyone know how long it takes to get the $50 partial share of stock after joining?

Chief Loss Leader
Chief Loss Leader

It took about 3 weeks for me circa June before the promotion was changed to a stock award.

icemule1
icemule1

Ok, thanks.

Kyle ♥
Kyle ♥

I did the referral when it was a cash bonus and it took 12 days for the bonus to post. I then got an email that if I funded with $1 that I would get $25 in stock bits. I met those requirements and received the bonus in 7 days. I got SPOT for that one.

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