Posted by William Charles on September 7, 2019
Deals

Published on September 7th, 2019 | by William Charles

14

[Expired] [Targeted] SoFi Crypto: Invest $10 & Get A $25 Bonus

Deal has expired, view more SoFi deals by clicking here.

The Offer

No direct link to offer, sent out via e-mail. Subject line is ‘Beta Test SoFi Crypto and Get $25

  • Some SoFi account holders are being offered a bonus of $25 to beta test SoFi Crypto. To receive the bonus you need to invest at least $10 into cryptocurrency (BTC, ETH or LTC)

The Fine Print

  • Only applies to new SoFi Crypto accounts.
  • Limited to 1 per person.
  • Expires on September 13, 2019.
  • It takes 1 business day for your SoFi Invest deposit to settle before you can buy crypto.

Our Verdict

Fairly easy $25 if you’re targeted, not sure how soon you can sell back the Crypto if you have no intention of holding it. Hopefully they make this a public bonus in the future.

Hat tip to Maximizing Money

 



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Steve

Some general info (but not about the bonus) at https://www.sofi.com/invest/buy-cryptocurrency/

It seems kinda like Robinhood; not really buying crypto since they don’t let you withdraw it (you can just buy and then sell); it’s more like betting on the price.

Anonymous166
Anonymous166

Dumb. Not your keys, not your coins.

parkdanil
parkdanil

$10 won’t get you much crypto at today’s prices, but a $25 bonus is well worth it.

Brian C
Brian C

What’s confusing is that when you follow the instructions to purchase the crypto there doesn’t seem to be a part of the process where you open a new account, but the promo terms mention opening a new account…

Kyle ❤
Kyle ❤

Just got this email. I already have an account so it did not have me open anything new. I went to purchase $10 worth of BTC and it had me transfer money into my active investing account. It said it should take a day or two so hopefully it makes in time for the 9/13 deadline.

Kyle ❤
Kyle ❤

Just a follow up, I was able to purchase the BTC just now. In transferring the money it did add a separate account for crypto with a separate account number from my active investing account.

Kyle ❤️
Kyle ❤️

Purchased Crypto 9/12/2019
Received $25 bonus in my investment account 9/13/2019

dpaquett
dpaquett

When you purchased the crypto did it invest the full $10? I did it yesterday but only $9.98 of the $10 actually went through.

Kyle ❤️
Kyle ❤️

That did happen. I purchased $10 of BTC which only ended up being 9.98 but I also purchased $10 of LTC so it wasn’t an issue. Terms do state this expired on 9/13 so you may have missed the boat if you only did it yesterday.

Daniel Paquette
Daniel Paquette

Sorry, meant the day before, my crypto buy went through on the 13th. I only got the offer email on the 12th so I barely made it. Still no $25 though, fingers crossed.

Kyle ❤
Kyle ❤

Cutting it real close, I hope it still counts for you! Only receiving it on the 12th is a good case for emailing them I would say. The terms do state they will deposit the bonus within 7 days. I got an email from them saying that if I put just $1 in an investment account that they would put $25 in stock bits in my account so I did even though the account had already been open and funded. When I did not recieve the bonus in the quoted number of days, I emailed them about it. They said the email was mistakenly sent out but they still honored the bonus. They seem to be super customer oriented!

dpaquett
dpaquett

The $25 showed up in my account today, thanks for your help!

Kyle ❤️
Kyle ❤️

Nice, I’m glad it panned out! I tried to sell off the BTC and found out that the minimum you can sell is .0001 meaning my 9.98 investment is too little to sell. fortunately that means I only need to purchase like $0.20 to then be able to sell it.

ben
ben

How did they credit your account? Was it a statement credit or a crypto purchase that i have to later sell? If its a crypto credit, what type so i would have to match up my $10 purchase with $25 credit

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