SoFi restructured its Invest Referral Program from an open-ended referral model to a limited-time promotional offer running July 14 through September 30, 2026. The updated terms establish specific eligibility criteria including a $100 asset minimum or Eligible Direct Deposit requirement for referrers, a fixed $75 or $50 cash bonus structure (plus $25 stock bonus for new accounts), and a requirement that all referrals complete within the promotion period. The previous version had no explicit time window or asset threshold, making the new terms more restrictive in eligibility and bonus structure.
Consumers: You now need to either keep $100 in SoFi Invest accounts or set up direct deposit to get the full referral bonus.
Consumers: Referrals made after September 30, 2026 will not earn any bonus.
Consumers: The program is no longer permanent; it ends Sept 30, 2026, and eligibility rules are now stricter.
The updated Invest Referral Program is now a time-limited promotion running through September 30, 2026, rather than an ongoing program. SoFi has introduced new eligibility requirements: referrers must maintain at least $100 in combined assets across eligible SoFi Invest accounts at the time a referred person enrolls, or alternatively establish an Eligible Direct Deposit with a SoFi Checking account. Bonus amounts have been restructured to $75 (if eligible referrer meets asset/deposit requirements at time of referral), $50 (if referrer does not meet requirements), and $25 stock bonus for new accounts. Referrals that are not completed within the promotion period are not eligible for bonuses. If you are an active SoFi Invest referrer relying on this program, you should review your account balance and direct deposit status before September 30, 2026, to ensure you meet the new eligibility criteria.
→ Review your SoFi account balance to confirm you have at least $100 in combined assets across eligible Invest accounts, or verify you have Eligible Direct Deposit established with a SoFi Checking account
→ If you are actively using your referral link, ensure any referrals are completed (enrollment and funding) by September 30, 2026
→ Contact SoFi at 855-456-7634 if you believe you have satisfied Eligible Direct Deposit requirements but did not receive the correct $75 bonus
This is the 2nd significant Payout Terms Change change SoFi has made since ConductAtlas began monitoring.
Across all monitored documents, SoFi has made 13 significant changes.
8 of SoFi's significant changes have been classified as negative for consumers.
Referral program now runs July 14 - Sept 30, 2026 only; no bonuses for referrals completed outside this window.
Referrers must have $100 in combined eligible SoFi Invest accounts or Eligible Direct Deposit at enrollment time to qualify for $75 bonus tier.
Referrer bonuses reduced to $75/$50 (depending on asset/deposit status) plus $25 stock bonus for new accounts; previous bonus amounts not stated in available text.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
SoFi's Invest Referral Program restructuring changes the program from a standing offer to a limited-time promotional campaign (July 14 - September 30, 2026) with newly defined eligibility thresholds and bonus structures. The program now explicitly …
Regulatory exposure, obligation change, escalation trigger, board-ready language, and recommended action for legal and compliance teams.
Unlock the full institutional analysis — InsightConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-C-003673.
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