We believe your money should help you achieve your ambitions, not hold you back. That’s why SoFi Money has no account fees and earns you cash back rewards when you spend and save.
Pay no account fees and no ATM fees at 55,000 ATMs.1
Earn cash back rewards on spending with recurring $500 monthly deposits.
Earn 5x the national average on savings with recurring $500 monthly deposits.2
The following describes the Terms of Service which apply to participation in the referral or account opening promotional programs (collectively, the “Referral Programs“) currently offered by Social Finance, Inc. (“SoFi“) and its affiliates. If you wish to participate in any Referral Program described below, you agree to the terms for such Referral Program described in Part I below, as well as the General Terms and Conditions in Part II, which apply to all Referral Programs.
*Please note that any friend whom you’d like to refer must use your specific product referral link in accordance with the terms and conditions associated with the specific promotional campaign for that link. Note you have separate referral links for (1) Personal Loans and Student Loans, (2) Money, and (3) Invest products. 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.