Robinhood vs SoFi bonuses
As of Jul 21, 2026, Robinhood has 1 live sign-up bonus. SoFi has 3, up to $400. Here is how they compare, verified against each institution's own terms.
At a glance
| Robinhood | SoFi | |
|---|---|---|
| Live sign-up bonuses | 1 | 3 |
| Biggest cash bonus | — | $400 |
| Bonus types | brokerage | bank, brokerage |
| ChexSystems | Not applicable | Soft pull, no ChexSystems reported |
| Credit pull | None | Soft pull to open |
| Eligibility | Match bonuses carry multi-year holds (see entry) | One checking and savings bonus per member |
Current offers
What to know about each
A percentage match, not a flat bonus. The transfer match has no cap and grows with the amount you move, but you have to leave it for five years. The math and that hold are the whole story.
An online bank that runs a recurring, tiered direct-deposit bonus. The rule is simple: bring $5,000 in direct deposits inside the window for the top tier. No branches, no monthly fee, and a strong APY when direct deposit is on.
Common questions
SoFi has the bigger cash bonus right now, at $400. Figures change; both are checked against the source and shown above with the date.
The better pick is the offer whose requirement you can actually meet. SoFi currently gives you more offers to choose from. Weigh each bonus against the deposit or spend it needs, not just the headline number.
New to this? Start with how bank sign-up bonuses work, weigh both by value with the easiest to earn list, and see more head-to-heads on the compare page. Reference information, not financial advice.