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SoFi Money®️ is a cash management account, which is a brokerage product, offered by SoFi Securities LLC. Member FINRA/SIPC. Neither SoFi nor its affiliates is a bank.
1. Terms and conditions apply. Participants must first apply and successfully open a SoFi Money cash management account through the SoFi Money referral program, and be original recipients of this message. To receive the promotional balance, one qualifying payroll direct deposit of at least $500 must be made by the participating member’s employer, or payroll provider by ACH deposit within 30 days of registration. Direct deposits that are not from an employer (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers) do not qualify for this promotion. Within two weeks of the direct deposit clearing SoFi will credit participating members a one-time cash bonus of $75 into their SoFi Money account. In no event will any recipient be entitled to receive more than $10,000 in cumulative referral or welcome bonuses under all available SoFi referral programs within any calendar year. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). SoFi reserves the right to disqualify anyone from participation in the referral program at any time. See full terms and conditions for more details.
2. Vs. traditional transaction accounts. 5x is based on the national average of 0.04% from the weekly rate cap as of 5/25/2020.
This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product. You can find additional information regarding SoFi Securities LLC and its registered persons at FINRA’s website. The firm reserves the right to monitor and retain all incoming and outgoing communications as permitted by applicable law.
SoFi Securities LLC values your privacy and the security of your personal information so please do not include your social security number in any email or letter that you send to us.
