SoFi pays a tiered direct-deposit bonus on a new Checking and Savings account. Bring $5,000 or more in direct deposits within 25 days of your first one for the full $400, or $1,000 to $4,999 for $50. There are no account fees.
What you get at each tier
| Bring this | You get |
|---|---|
| $1,000 to $4,999 in direct deposits | $50 |
| $5,000 or more in direct deposits | $400 |
Eligibility
Available nationwide
No state restrictions on this offer.
Soft ChexSystems pull
Soft pull, no ChexSystems reported
How to get this bonus
- Open a SoFi Checking and Savings account and set up direct deposit.
- Receive $5,000 or more in eligible direct deposits within 25 days of your first deposit for $400, or $1,000 to $4,999 for $50.
- The bonus posts within 7 business days of meeting the requirement.
The fine print that matters
- Eligible direct deposits are from an employer, payroll provider, or government benefits. P2P and bank transfers do not count.
- One bonus per SoFi member. Earn it between May 15 and December 31, 2026.
Verification and reports
Checked against sofi.com today. Based on 0 field reports. Status Limited reports is computed from those reports, never hand-set.
Sources: sofi.com Checking and Savings offer (checked Jul 17, 2026)