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ieatdogfood
ieatdogfood

My principal deposit ($1K) is able to be withdrawn within 10 business days. I forgot to check earlier this week but I know for sure it was not able to be withdrawn the first week.

I’ve seen DPs where people have churned Invest. I wonder if they were able to churn while keeping their Money account? I would prefer to keep the Money account open since I am grandfathered on good terms.

ieatdogfood
ieatdogfood

My $75 referral bonus for $1,000 deposit is now pending two days after opening. When you sign up via referral and when choosing your bonus stock, make sure it says $75 and NOT $0. After signing in with an existing SoFi Money Account, I had to click through a referral link a couple times to make sure it said I was getting $75 of the bonus stock I picked. At no point should it say $0.

Jess
Jess

I signed up for an account when they had the $75 sign up referral bonus going around earlier this year. After completing the requirements for direct deposits, I emailed them to check about the bonus. Their response –

” If the referral link is from a third party website, it will not be able to be accepted. ”
I still do not understand why that would be the case 🙁 Anything I can do about it?

Manny
Manny

My deposit came through on 5/25 and my $75 settled today 5/27. That was fast! Thanks DOC

Van
Van

SoFi just told me the following as to whether I need to keep deposit in the Active Invest account for 30 days. I’m sharing in case anyone else finds it useful.

SoFi customer service agent: “I see the bonus has been paid out. The only restriction the the removal of the bonus is the 5 full business days on deposit and the 2 day settlement on the sale of a stock. “

Manny
Manny

So 7 days?

Charles
Charles

Does anyone know if you can get multiple referral bonus from the same person you referred? Via the different products that SoFi offers (Invest, Money, Loans).

I know in the past it was possible, but now their terms explicitly state

“Only one referral reward and one welcome bonus per new customer: you will not receive multiple referral bonuses for the same friend taking out multiple loans or products, nor will your friend receive multiple welcome bonuses for taking out multiple loans or products. SoFi mortgages are never eligible for the SoFi Referral Program. Additional terms and conditions apply.”

Anyways, I’m just hopeful since I was able to obtain multiple bonuses from the same person before in the past. But has anyone tried recently? Or are they strict AF now

Gadget - Bank Bonus Geek

I can’t speak to current, but like you said, it has worked in the past. Also, the way I read that… you can’t take multiple of the same products and expect a referral. It sounds like someone in the legal-ize dept needs some help. Take out products? How far are we going to take them? Joking… sort of.

Nady
Nady

Off topic but used ur $300 Sofi loan referral link via ur website. Thanks for all you do!

Gadget - Bank Bonus Geek

Awesome… thank you.

Vic
Vic

where did you see the terms you quoted? The “Program terms-Part I – Invest Referral Program” in any Invest referral link does not contain what you quoted. From the language I saw, it seems that “only one reward” is referring to a single product, not across all products.

Charles
Charles
SteveH
SteveH

One thing to watch out for is if you use someone’s referral, remember who you used. If you have problems getting the referral credit and have to submit a support ticket, one of the requirements is the email address of the person that referred you. I found that out the hard way.

stefan
stefan

how long do i need to leave my $1.000 invest money in SoFi in order to get the $75? & about how long after depositing my money into SoFi does it takes them to pay out this bonus?

Jennifer
Jennifer

Opps

James L
James L

This must be targeted/YMMV. I didn’t get the email, but checked the SoFi app and still have the previous $25 per referral offer.

Steve
Steve

Try updating the app or logging out / back in — I see the new offer.