Eligible Participants: The Promotion is open to anyone who resides within the United States and is of the age of majority in the state in which they reside. To receive a $10 bonus in the form of a gift card through the Promotion you must agree to a soft credit pull on www.SoFi.com to check your rate for one of the following SoFi products: Student Loan Refinancing, Personal Loans, Home Loans, or Private Student Loans. In order to be eligible to claim a bonus when checking your rate for a Student Loan Refinance loan, you must be able to provide proof that you are currently a borrower on a qualified education loan that is eligible for refinancing with SoFi. Checking your rate will not affect your credit score. If you later decide to submit an application and agree to a hard credit pull your credit score may be impacted. Participants will receive the $10 bonus gift card regardless of whether or not they are pre-qualified for a SoFi loan product. Notwithstanding the above, SoFi reserves the right to exclude any consumer from participating in the Promotion for any reason, including suspected fraud, misuse, or if suspicious activities are observed.
Promotion Period: The Promotion is available beginning on 12:00am Eastern Time on November 4 , 2020 and ending 11:59 PM Eastern Time on November 30, 2020. Participants are limited to one (1) bonus per product, and up to up to three (3) per household.
Payout: All payouts are fulfilled by SoFi’s vendor Customer Motivators. Eligible participants will receive an email from Customer Motivators with a unique code and a link to a web page to redeem for a $10 bonus gift card.
Tax Consequences: Bonus amounts of $600 or greater in a single calendar year may be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult your tax advisor to determine applicable tax consequences.