| Before | After | ||
|---|---|---|---|
| 301 | SoFi’s Referral Program Last Updated: May 14, 2025 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, LLC (“SoFi”) and its affiliates. | 301 | SoFi’s Referral Program Last Updated: Jan 23, 2026 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, LLC (“SoFi”) and its affiliates. |
| 302 | 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. 1 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. | 302 | If you (the “Referrer”) wish to participate in any Referral Program described below, you agree to the Official Rules, which apply to all Referral Programs, and to the terms for each Referral Program Terms described below. |
| 303 | By clicking “Share Link” and sharing your link with your friend, you agree that you have express consent to send your friend promotional messages about SoFi’s products and services. | 303 | Please note that any person 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. |
| 304 | Note you have separate referral links for (1) Personal Loans and Student Loans, (2) Checking and Savings accounts, or (3) Invest products, or (4) Credit Score Monitoring. | 304 | Note you have separate referral links for (1) Personal Loans and Student Loans, (2) Checking and Savings accounts, (3) Invest products, or (4) Credit Score Monitoring. |
| 305 | Only one referral reward and one welcome bonus per new customer, with the exception of referrals for new closed end unsecured installment loans. | 305 | Only one referral reward and one welcome bonus per new customer per product if the promotional campaign rules are met, with the exception of referrals for new closed end unsecured installment loans. |
| 306 | You will not receive multiple referral bonuses for the same friend taking advantage of multiple promotions, nor will your friend receive multiple welcome bonuses for taking advantage of multiple promotions unless they are for a new closed end unsecured installment loan that your friend has not previously obtained. | 306 | You will not receive multiple referral bonuses for the same person taking advantage of multiple promotions, nor will those referred receive multiple welcome bonuses for taking advantage of multiple promotions unless they are for a new closed end unsecured installment loan that they have not previously obtained. |
| 307 | You will receive an additional referral bonus for the same friend funding a new personal loan, new student loan refinance or new private student loan, provided the friend applies through the specific product’s referral link and has not previously obtained that type of closed end unsecured lending product. | 307 | You will receive an additional referral bonus for the same person funding a new personal loan, new student loan refinance or new private student loan, provided the person applies through the specific product’s referral link and has not previously obtained that type of closed end unsecured lending product. |
| 309 | Each person referred should be someone you have a direct, personal relationship with. | 309 | By participating in the Referral Program, you agree to the following conduct and content standards: • By clicking “Share Link” and sharing your referral link via text message, you agree that before texting your referral link to any contact in Washington State, you have obtained that Referee’s express consent to receive promotional messages about SoFi’s products and services. • You agree not to distribute a Referral Link or otherwise solicit anyone through mass email. • You will clearly and conspicuously disclose your material connection to SoFi in any referral communication. |
| 310 | You may not distribute a Referral Link or otherwise solicit anyone through mass email, any form of commercial advertising or other similar means. | 310 | This includes stating the specific benefit or compensation you will receive. • Any statements made regarding your experience with SoFi must be truthful, accurate, and based on your actual personal use of the product. |
| 311 | If you mention specific results, such as savings or earnings, you must qualify that such results are not guaranteed nor representative of all experiences. | ||
| 312 | You are strictly prohibited from making guarantees regarding the outcomes of use, or the approval of, any SoFi product or service. • You agree to use only current, accurate facts as stated on SoFi’s official webpages. | ||
| 313 | You are prohibited from discussing or summarizing specific interest rates, APYs, fees, or promotional fine print, as these are subject to change. | ||
| 314 | Instead, you must direct all potential Referees to SoFi’s official webpages for current rate and fee information. • You shall not make any claims that SoFi itself could not legally substantiate, including but not limited to “guaranteed approval,” “best rates available,” or similar claims. • You will not use SoFi’s logo, trademarks, or any other brand creative in connection with the Referral Program unless those assets were provided directly by SoFi for the express purpose of this referral promotion. • If sharing a referral link via social media, you agree to comply with all relevant advertising and disclosure rules of the respective platform(s), including the use of any required “Paid Partnership” or “Ad” tags. | ||
| 312 | Furthermore, SoFi Securities reserves the right to seek reimbursement from any customer (including by deduction from their Invest Account) of amounts paid as Referral Bonuses to customers solicited via mass solicitation. | 316 | Furthermore, SoFi reserves the right to seek reimbursement from any customer of amounts paid as Referral Bonuses to customers who violate the terms and conditions of the referral program. |
| 314 | Any person referred to a SoFi loan may not have an existing registered SoFi account. | — | Removed |
| 315 | Any person referred to Credit Score Monitoring or SoFi Checking or Savings may not currently have another SoFi product but may already have a registered SoFi account.A person referred to a SoFi Invest account may have an existing SoFi account. | — | Removed |
| 317 | To protect the privacy of those you refer, referral prospect account information or eligibility is not, under any circumstances, permitted to be shared with referral promoters. | 319 | To protect the privacy of those you refer, referral prospect account information or eligibility is not, under any circumstances, permitted to be shared with the Referrer. |
| 318 | Program terms: Part I Loan Referral Program The terms below and those set forth in Part II govern your participation in SoFi Bank, N.A.’s (“ SoFi Bank “) Loan Referral Program (the “ Loan Referral Program “) described below. | 320 | Referral Cap In no event will any person be entitled to receive more than $10,000 in cumulative referrals or welcome bonuses under these Referral Programs within any calendar year. |
| 321 | In addition, SoFi reserves the right to, at any time, limit the maximum number of times a Referral Link can be used. | ||
| 322 | Tax Considerations Referral Bonuses and Welcome Bonuses are each considered miscellaneous income and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). | ||
| 323 | SoFi is required to do this reporting in compliance with the applicable federal and state reporting requirements. | ||
| 324 | Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult with your tax advisor to determine applicable tax consequences. | ||
| 325 | Non-Solicitation Agreement Other than as set forth herein, you agree not to compensate or accept any compensation from applicants whom you refer to SoFi through any of the corresponding Referral Programs described above. | ||
| 326 | You further agree that your activities will be limited to referring potential customers as described above, so they may independently decide whether to apply. | ||
| 327 | You may not collect information from eligible recipients under any Referral Program, assist with filling out an application, or discuss specific product terms. | ||
| 328 | No Spam You must comply with all applicable laws and regulations in soliciting referrals. | ||
| 329 | Eligible referrers may not purchase internet search terms. | ||
| 330 | Further, any distribution of a program link that could constitute unsolicited commercial email or “spam,” any content which impersonates or implies an affiliation with or endorsement by SoFi or any SoFi subsidiary, or any actions which otherwise violate any terms or conditions imposed by SoFi, or that SoFi determines in its sole discretion to be fraudulent in nature, are prohibited and will be grounds for immediate termination from a Referral Program. | ||
| 331 | We will not honor referral payments for referrals which are generated using any of the foregoing means. | ||
| 332 | Independent Contractor Your participation in a Referral Program is solely as an independent contractor. | ||
| 333 | Neither you nor SoFi intend to establish an employment relationship, and you are not entitled to any benefits. | ||
| 334 | We may require completion of a Form W-9 prior to payment of any referral or welcome bonus. | ||
| 335 | Any payments that are not claimed within 180 days of the date the funds have been made available because either the direct deposit bank account or required tax information have not been provided are subject to forfeit. | ||
| 336 | Conflict In the event any of the terms of these Official Rules conflicts with any terms in a specific promotional campaign associated with a unique referral link, the terms of these Official Rules shall govern. | ||
| 337 | Discontinuation of Previous Referral Program The Referral Programs described herein replace all earlier versions of such SoFi referral programs. | ||
| 338 | SoFi reserves the right to temporarily, or permanently modify or discontinue the Referral Programs at any time, for any reason, at our sole discretion and without notice to you. | ||
| 339 | Program terms: Loan Referral Program The terms below and those set forth in the Official Rules govern your participation in SoFi Bank, N.A.’s (“ SoFi Bank “) Loan Referral Program (the “ Loan Referral Program “) described below. | ||
| 325 | To receive credit for a referral under the Loan Referral Program, Eligible Loan Referrers must send their unique referral link to an Eligible Loan Recipient, the Eligible Loan Recipient must use their Eligible Loan Referrer’s unique referral link within 120 days after receipt of the Eligible Loan Referrer’s unique referral link, and the Eligible Loan Recipient must meet the terms and conditions of the specific promotional campaign associated with the unique referral link that was used for the referral. | 346 | To receive credit for a referral under the Loan Referral Program, Eligible Loan Referrers must send their unique referral link to an Eligible Loan Recipient, the Eligible Loan Recipient must use their Eligible Loan Referrer’s unique referral link and complete all specified promotional requirements, within 120 days after receipt of the Eligible Loan Referrer’s unique referral link, and the Eligible Loan Recipient must meet the terms and conditions of the specific promotional campaign associated with the unique referral link that was used for the referral. |
| 326 | Further, in order for the Eligible Loan Recipient to receive their Loan Welcome bonus for a SoFi Personal Loan, the loan must still be an active loan in good standing ninety (90) days after the disbursement date. | 347 | Further, in order for the Eligible Loan Recipient to receive their Loan Welcome bonus for a SoFi Personal Loan, the loan must still be an active loan in good standing ninety (90) days after the disbursement date, meaning the account remains open and hasn’t been paid off, and the borrower is current on all payments with no defaults or violations of the loan terms. |
| 330 | Only one Loan Referral Bonus and one Loan Welcome Bonus will be awarded for each referred Eligible Loan Recipient, regardless of whether the Eligible Loan Recipient takes out multiple Eligible Loans. | 351 | Only one Loan Referral Bonus and one Loan Welcome Bonus will be awarded for each referred Eligible Loan Recipient, per loan type, regardless of whether the Eligible Loan Recipient takes out multiple Eligible Loans. |
| 332 | An Eligible Loan Referrer will not earn a Loan Referral Bonus if the Eligible Loan Recipient has or had an existing funded SoFi loan account, or if the Eligible Loan Recipient does not use the unique referral link provided by the Eligible Loan Referrer. | 353 | An Eligible Loan Referrer will not earn a Loan Referral Bonus if the Eligible Loan Recipient has or had a funded SoFi loan account of the same type, or if the Eligible Loan Recipient does not use the unique referral link provided by the Eligible Loan Referrer. |
| 338 | For both the referrer and referee to each receive a $1,000 bonus, the referee must: (1) register and apply for a medical or dental student loan refinance through the referral link provided; (2) meet SoFi’s underwriting criteria; (3) complete and fund a loan with SoFi; and (4) have or apply for a SoFi Checking and Savings or have a SoFi Money account to receive the bonus. | 359 | For both the Eligible Loan Referrer and Eligible Loan Recipient to each receive a $1,000 bonus, the referee must: (1) register and apply for a medical or dental student loan refinance through the referral link provided; (2) meet SoFi’s underwriting criteria; (3) fund a loan with SoFi; and (4) have or apply for a SoFi Checking and Savings or have a SoFi Money account to receive the bonus. |
| 339 | Once conditions are met and the loan has been disbursed, both the referrer and referee welcome bonus will be deposited into their respective SoFi Checking and Savings or Money account within 30 calendar days. | 360 | Once conditions are met and the loan has been disbursed, the loan must remain active and in good standing for ninety (90) days, meaning the account remains open, hasn’t been paid off, and the borrower is current on all payments with no defaults. |
| 361 | Following this 90-day period, both the referrer and referee welcome bonus will be deposited into their respective SoFi Checking and Savings or Money account within 30 calendar days.. | ||
| 344 | Invest Referrral Program The SoFi Invest Referral Program (the “Invest Referral Program”) allows eligible members to refer others to open a new SoFi Invest Self-Directed Invest Account offered by SoFi Securities LLC. | 366 | Invest Referral Program The terms below and those set forth in the Official Rules govern your participation in the SoFi Invest Referral Program (the “Invest Referral Program” ). |
| 345 | To qualify as an Eligible Invest Referrer, you must have a SoFi Invest Self-Directed Invest Account offered by SoFi Securities LLC or an Automated Invest account offered by SoFi Wealth LLC that is funded and in good standing (i.e., not suspended). | 367 | The Invest Referral Program is open to all current SoFi Invest account holders who meet the criteria below, and wish to refer someone to open a SoFi Invest Self-directed Invest Account offered by SoFi Securities LLC. |
| 346 | Employees of Social Finance, LLC and its affiliates are not eligible to receive referral bonuses under the Invest Referral Program. | 368 | A referrer must have a SoFi Invest Self-directed Invest Account offered by SoFi Securities LLC or an Automated Invest account offered by SoFi Wealth LLC which is funded and in good standing (i.e., not suspended) (an “Eligible Invest Referrer(s)” ). |
| 347 | Eligible Invest Referrers are encouraged to refer friends, colleagues, family members, and anyone else they believe may be interested in opening a SoFi Invest Self-Directed Invest Account (the “Eligible Invest Recipient”). | 369 | Employees of Social Finance, LLC and its affiliates are not eligible to receive Invest Referral Bonuses under the Invest Referral Program. |
| 348 | Eligible Invest Referrers will not receive a referral bonus unless the referred individual opens a new SoFi Invest Self-Directed Invest Account. | 370 | The Eligible Invest Referrers are encouraged to refer friends, colleagues, family members, and anyone else they believe may be interested in opening a SoFi Invest Self-directed Invest account (the “ Eligible Invest Recipient(s) ”). |
| 349 | Referral bonuses are not available for referrals to open a SoFi Invest Automated Invest Account or a SoFi Invest Self-Directed IRA Account. | 371 | The Eligible Invest Referrers will NOT receive an Invest Referral Bonus for referrals to open a SoFi Invest Automated Account or a SoFi Invest Self-directed IRA Account. |
| 350 | SoFi Securities LLC, or its designee (collectively, “SoFi Securities”), reserves the right to disqualify anyone from participation in the Invest Referral Program at any time. | 372 | SoFi Securities LLC, or its designee (collectively, “ SoFi Securities ”) reserve the right to disqualify anyone from participation in the Invest Referral Program at any time. |
| 351 | Under the Invest Referral Program, Eligible Invest Referrers must share their unique referral link with an Eligible Invest Recipient they wish to refer. | 373 | Under the Invest Referral Program, an Eligible Invest Referrer must access their own unique referral link and send it to the Eligible Invest Recipient(s) whom they wish to refer to open a new SoFi Invest Self-directed Invest Account. |
| 352 | To earn bonuses, the Eligible Invest Recipient must: (1) open a new SoFi Invest Self-Directed Invest Account using the Eligible Invest Referrer’s unique referral link within 90 days of clicking the referral link; (2) fund the new account with a minimum deposit of $25.00; and (3) meet any additional terms and conditions that may apply to a specific promotional campaign associated with the referral link. | 374 | To receive the bonus, eligible Invest Recipient must 1) open a new SoFi Invest Self-directed Invest Account within 90 days of clicking on the Eligible Invest Referrer’s unique referral link, 2) fund with a minimum deposit of $25.00 within 90 days of clicking on the Eligible Invest Referrer’s unique referral link, and 3) meet any additional terms and conditions that may apply to a specific promotional campaign associated with the unique referral link that was used for the referral. |
| 353 | When these conditions are met, SoFi Securities LLC will: (a) credit the Eligible Invest Referrer’s Invest account with a $50 cash bonus (the “Invest Referral Bonus”); and (b) credit the new SoFi Invest Self-Directed Invest Account of the Eligible Invest Recipient with a $25 stock bonus (the “Invest Welcome Bonus”). | 375 | For each Eligible Invest Recipient who opens and funds a New SoFi Invest Self-directed Account within 90 days after clicking the Eligible Invest Referrer’s unique referral link, and meets the terms and conditions of the specific promotional campaign associated with the unique referral link that was used for the referral, SoFi Securities will: (a) credit an Invest account of the Eligible Invest Referrer with a referral bonus and (b) credit the New SoFi Invest Self-directed Account of the Eligible Invest Recipient, with a one-time welcome bonus (the “ Invest Welcome Bonus ”). |
| 354 | Only one $50 cash bonus and one $25 stock bonus will be awarded for each referred Eligible Invest Recipient. | 376 | Only one Invest Referral Bonus and one Invest Welcome Bonus will be awarded for each referred Eligible Invest Recipient, regardless of whether the Eligible Invest Recipient opens and funds multiple accounts. |
| 355 | An Eligible Invest Referrer will not earn the $50 cash bonus if the Eligible Invest Recipient has or previously had a funded SoFi Invest account, does not use the unique referral link provided by the Eligible Invest Referrer, or is on an opt-out list. | 377 | An Eligible Invest Referrer will not earn an Invest Referral Bonus if the Eligible Invest Recipient has or had a funded SoFi Invest account or does not use the unique referral link provided by the Eligible Invest Referrer. |
| 356 | We cannot disclose to you any information about new SoFi Invest Self-Directed Invest Accounts opened by any Eligible Invest Recipients you refer. | 378 | Please note that if the Eligible Invest Recipient already has an Invest account, is on our opt-out list or on the national email opt-out list, or has already used another Eligible Invest Referrer’s unique referral link, SoFi Securities will not send an email to such Eligible Invest Recipient. |
| 357 | By sending a referral link, you agree that you have express consent to send the recipient promotional messages about SoFi’s products and services. | 379 | We cannot disclose to you any information about New SoFi Invest Self-directed Accounts opened by any Eligible Invest Recipients you refer to us. |
| 359 | Promotion Period: July 30, 2025 at 12:00 a.m. E.T. – December 31, 2026 at 11:59 p.m. E.T. Terms and Conditions: A member who refers another person to open a SoFi Checking and Savings account (“ Eligible Bank Referrer ”) may receive a referral bonus after completing all of the following required activities: 1. | 381 | Promotion Period: July 30, 2025 at 12:00 a.m. E.T. – December 31, 2026 at 11:59 p.m. E.T. Terms and Conditions: To receive the referral bonus, a referrer (an “Eligible Referrer(s) ) must complete the following required activities: (i) share their unique referral link during the Promotion Period; and (ii) have an existing SoFi Checking and Savings account at the time the referred member (an “Eligible Recipient(s) ) opens their SoFi Checking and Savings account. |
| 360 | The Eligible Bank Referrer has an existing SoFi Checking and Savings account; 2. | 382 | To receive the referral bonus, an Eligible Recipient must complete the following required activities: (i) apply and successfully open a SoFi Checking and Savings account and (ii) make deposits totaling $50 or more that settle within 21 calendar days of clicking the referral link. |
| 361 | The Eligible Bank Referrer shares their unique referral link during the Promotion Period; 3. | 383 | Deposits must be made via an ACH transfer from a linked bank account, direct deposit, via “Instant Transfer” from a debit card (if available), from cash deposits, mobile check deposits (if available), or wires. |
| 362 | The referred person applies for and successfully opens a SoFi Checking and Savings account as their first SoFi product using the Eligible Bank Referrer’s unique referral link (individuals who have previously applied for a SoFi account but do not currently have another SoFi product remain eligible)(“ Eligible Bank Recipient ”); 4. | — | Removed |
| 363 | The Eligible Bank Recipient makes deposits into their SoFi Checking or Savings account totaling $50 or more that settle within 21 calendar days of clicking the referral link. | — | Removed |
| 364 | Deposits must be made via an ACH transfer from a linked bank account, direct deposit, via “Instant Transfer” from a debit card (if available), cash deposits, mobile check deposits (if available), or wires. | — | Removed |
| 366 | Once the Eligible Bank Referrer and the Eligible Bank Recipient have completed all required activities, SoFi will credit the Eligible Bank Referrer either: (i) a cash bonus of $100 if the Eligible Bank Referrer is a SoFi Plus subscriber, has received an Eligible Direct Deposit (defined below) into their SoFi Checking or Savings account, or receives $5,000 or more in Qualifying Deposits (defined below) into their SoFi Checking and Savings account; or (ii) a cash bonus of $75 if the requirements in (i) are not met. | 385 | Once the Eligible Referrer and the Eligible Recipient have completed all required activities, SoFi will: (i) credit the Eligible Referrer a one-time cash bonus of $75 into their SoFi Checking account (plus an additional $25 if the Eligible Referrer was a SoFi Plus member at the time the Eligible Recipient opens and funds their SoFi Checking and Savings account); and (ii) credit the Eligible Recipient a one-time cash bonus of $25 into their SoFi Checking account. |
| 367 | Once the Eligible Bank Referrer and the Eligible Bank Recipient have completed all required activities, SoFi will credit the Eligible Bank Recipient a one-time cash bonus of $25 into their SoFi Checking account. | 386 | To enroll in SoFi Plus, see the SoFi Plus Terms and Conditions for additional details. |
| 368 | Bonus payments will be credited to the Eligible Bank Referrer and the Eligible Bank Recipient’s respective SoFi Checking accounts within seven (7) business days following confirmation by SoFi that all required activities have been completed by each party. | 387 | Bonus payments will be credited to the Eligible Referrer and the Eligible Recipient’s respective SoFi Checking accounts within seven (7) business days following confirmation by SoFi that all required activities have been completed by the referrer and referred member. |
| 369 | The Eligible Bank Referrer and Eligible Bank Recipient each must have an open SoFi Checking account in good standing at the time of the bonus payment. | 388 | This is a limited-time offer from SoFi with limited availability, and is subject to expire at any time. |
| 370 | Eligible Direct Deposit means a recurring ACH deposit of regular income (such as payroll, pension, or government benefits, including Social Security) made to your SoFi Checking and Savings account by your employer, payroll provider, benefits provider, or a government agency. | 389 | Eligible Referrers will not earn a referral bonus if the Eligible Recipient has previously opened a SoFi Checking and Savings account or does not use the unique referral link provided by the Eligible Referrer to open a SoFi Checking and Savings account during the Promotion Period. |
| 371 | Deposits that are not from one of these sources or that are non-recurring in nature (such as IRS tax refunds) do not qualify. | 390 | Employees of Social Finance, LLC and its affiliates are not eligible to receive referral bonuses under the Bank Referral Program. |
| 372 | Examples of ineligible deposits include check deposits, peer-to-peer (P2P) transfers (e.g., PayPal, Venmo, Wise, Zelle), merchant transactions (e.g., PayPal, Stripe, Square), ACH transfers from external bank accounts, and wire transfers. | 391 | Joint Accounts: • Only the primary account holder who opens the new joint Checking and Savings account is eligible for the referral bonus. • The secondary account holder added to the joint account is not considered an Eligible Recipient for this offer and will not receive a referral bonus for joining the joint account. • The secondary account holder can still refer new members and earn referral bonuses for their own successful referrals. • An Eligible Recipient can only receive one referral bonus at the time they open their first SoFi Checking and Savings account. |
| 373 | There is no minimum Eligible Direct Deposit amount required. | 392 | Interest Rates: SoFi members can earn the following annual percentage yields (APY): With Eligible Direct Deposit: Savings (including Vaults): 3.10% APY. |
| 374 | SoFi Bank, in its sole discretion, will assess Eligible Direct Deposit activity and may require additional documentation to verify eligibility. | — | Removed |
| 375 | Although we do our best to recognize all Eligible Direct Deposits, a small number of employers, payroll providers, benefits providers, or government agencies do not designate payments as direct deposit. | — | Removed |
| 376 | If the Eligible Bank Referrer has satisfied the Eligible Direct Deposit requirements but has not received a cash bonus in the respective Checking account, please contact us at 855-456-7634 with the details of your initial Eligible Direct Deposit. | — | Removed |
| 377 | After SoFi validates the details of the Eligible Direct Deposit, Eligible Bank Referrer’s bonus will be paid. | — | Removed |
| 378 | Qualifying Deposits means one or more deposits, in the aggregate, totaling $5,000 or more into an Eligible Bank Referrer’s SoFi Checking and Savings account within a 31-calendar-day period. | — | Removed |
| 379 | Qualifying Deposits may include ACH transfers, inbound wire transfers, peer-to-peer transfers, check deposits, instant funding to Eligible Bank Referrer’s SoFi Debit Card, push payments to SoFi Debit Card, and cash deposits. | — | Removed |
| 380 | Qualifying Deposits do not include transfers between Eligible Bank Referrer’s own SoFi accounts (including SoFi Checking, Savings, Invest accounts, or Vaults), interest payments, bonuses issued by SoFi or its affiliates, or credits, reversals, or refunds from SoFi or a merchant. | — | Removed |
| 381 | SoFi Bank, in its sole discretion, will assess Qualifying Deposits and may require additional documentation to verify eligibility. | — | Removed |
| 382 | This is a limited-time offer from SoFi with limited availability, and is subject to change or expire at any time. | — | Removed |
| 383 | See SoFi Referral Program Official Rules at: https://www.sofi.com/referral-program/ . | — | Removed |
| 384 | Eligible Bank Referrers will not earn a referral bonus if the Eligible Bank Recipient has previously opened a SoFi Checking and Savings account, currently has another SoFi product, or does not use the unique referral link provided by the referrer to open a SoFi Checking and Savings account during the Promotion Period. | — | Removed |
| 385 | In no event will any person be entitled to receive more than $10,000 in cumulative referrals under SoFi Referral Program Terms within any calendar year. | — | Removed |
| 386 | In addition, SoFi reserves the right to, at any time, limit the maximum number of times a Referral Link can be used. | — | Removed |
| 387 | SoFi reserves the right to exclude any Member from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. | — | Removed |
| 388 | Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). | — | Removed |
| 389 | SoFi is required to do this reporting in compliance with the applicable federal and state reporting requirements. | — | Removed |
| 390 | Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult with your tax advisor to determine applicable tax consequences. | — | Removed |
| 391 | For Eligible Bank Recipients: This offer cannot be combined with the SoFi Checking and Savings account $20 Open Offer. | — | Removed |
| 392 | Joint Accounts: • Only the primary account holder who opens the new joint Checking and Savings account is eligible for the referral bonus. • The secondary account holder added to the joint account is not considered an Eligible Bank Recipient for this offer and will not receive a referral bonus for joining the joint account. • The secondary account holder can still refer new members and earn referral bonuses for their own successful referrals. • An Eligible Bank Recipient can only receive one referral bonus at the time they open their first SoFi Checking and Savings account. | — | Removed |
| 393 | Interest Rates: SoFi members can earn the following annual percentage yields (APY): With Eligible Direct Deposit: Savings (including Vaults): 3.10%. | — | Removed |
| 395 | No minimum Direct Deposit amount is required to earn the 3.10% on savings. | 394 | No minimum Direct Deposit amount is required to earn the 3.10% APY on savings. |
| 399 | Rates are current as of 5/28/26. | 398 | Rates are current as of 12/23/25. |
| 402 | Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet . | 401 | Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet Credit Score Monitoring Referral Program SoFi will give you 1,000 rewards points (equivalent to $10) if the person you refer registers to use, and successfully activates SoFi Credit Score Monitoring within 60 days of clicking on your unique referral link. |
| 403 | Credit Score Monitoring Referral Program SoFi will give you 1,500 rewards points (equivalent to $15) if the person you refer registers to use, and successfully activates SoFi Credit Score Monitoring within 60 days of the person clicking on your unique referral link. | 402 | Eligible Referrers will not earn rewards points if the Eligible Recipient already has or had another SoFi product, or does not use the unique referral link. |
| 404 | Referrer will not earn rewards points if the recipient already has or had another SoFi product, or does not use the unique referral link provided by the referrer. | 403 | In order to refer others and receive rewards points, Eligible Referrers must be actively enrolled in credit score monitoring and accept the SoFi Member Rewards Program Terms and Conditions . |
| 405 | In order to refer others and receive rewards points, you must be actively enrolled in credit score monitoring and accept the SoFi Member Rewards Program Terms and Conditions . | 404 | Once the referral qualifications have been met, SoFi will: (a) credit Eligible Recipients 1,000 rewards points and (b) credit the Eligible Referrer 1,000 rewards points (equivalent to $10) within 7 business days. |
| 406 | Once the referral qualifications have been met, SoFi will: (a) credit referred members 1,000 rewards points and (b) credit the referrer 1,500 rewards points (equivalent to $15) within 7 business days. | 405 | See Official Referral Program Rules for additional information. 8. |
| 407 | See Official Referral Program Rules for additional information. | — | Removed |
| 408 | Eligibility: The Program is open to all members who are of the legal age of majority in the state in which they reside. | — | Removed |
| 409 | SoFi employees are not eligible to participate in this Program. | — | Removed |
| 410 | Referral Cap: In no event will any referrer or recipient be entitled to receive more than $10,000 in cumulative referral or welcome bonuses under the Referral Program within any calendar year. | — | Removed |
| 411 | Tax Reporting Referral bonuses may be considered income and may be reportable on IRS Form 1099-INT, 1099-MISC, or Form 1042-S as applicable. | — | Removed |
| 412 | SoFi is required to do this reporting in compliance with applicable federal and state reporting requirements. | — | Removed |
| 413 | Recipient is responsible for any applicable federal, state or local taxes associated with receiving the bonus offer; consult with your tax advisor to determine applicable tax consequences. | — | Removed |
| 414 | Other Important Details SoFi reserves the right to exclude any members from participating in this Promotion for any reason, such as suspected fraud, misuse, or suspicious activity. | — | Removed |
| 415 | Sofi also reserves the right to modify or end the Promotion at any time. | — | Removed |
| 416 | General Terms and Conditions: Part II Referral Cap In no event will any person be entitled to receive more than $10,000 in cumulative referrals or welcome bonuses under these Referral Programs within any calendar year. | — | Removed |
| 417 | In addition, SoFi reserves the right to, at any time, limit the maximum number of times a Referral Link can be used. | — | Removed |
| 418 | Referral Bonuses and Welcome Bonuses are each considered miscellaneous income and may be reportable to the IRS on Form 1099-MISC (or Form 1042-S, if applicable). | — | Removed |
| 419 | Non-Solicitation Agreement If you participate in any of the Invest Referral Program, Money Referral Program, or the Loan Referral Program described above (collectively, the “ Referral Program(s) ”), you agree not to participate in any other solicitations for SoFi products. | — | Removed |
| 420 | Other than as set forth herein, you agree not to compensate or accept any compensation from applicants whom you refer to SoFi through any of the corresponding Referral Programs described above. | — | Removed |
| 421 | You further agree that your activities will be limited to referring potential customers as described above, so they may independently decide whether to apply. | — | Removed |
| 422 | You may not collect information from eligible recipients under any Referral Program, assist with filling out an application, or discuss specific product terms. | — | Removed |
| 423 | No Spam You must comply with all applicable laws and regulations, in soliciting referrals. | — | Removed |
| 424 | Eligible referrers may not purchase internet search terms or publicly advertise SoFi’s products or name in any fashion. | — | Removed |
| 425 | Further, any distribution of a program link that could constitute unsolicited commercial email or “spam,” any content which impersonates or implies an affiliation with or endorsement by SoFi or any SoFi subsidiary, or any actions which otherwise violate any terms or conditions imposed by SoFi, or that SoFi determines in its sole discretion to be fraudulent in nature, are prohibited and will be grounds for immediate termination from a Referral Program. | — | Removed |
| 426 | We will not honor referral payments for referrals which are generated using any of the foregoing means. | — | Removed |
| 427 | Independent Contractor Your participation in a Referral Program is solely as an independent contractor. | — | Removed |
| 428 | Neither you nor SoFi intend to establish an employment relationship, and you are not entitled to any benefits. | — | Removed |
| 429 | We may require completion of a Form W-9 prior to payment of any referral or welcome bonus. | — | Removed |
| 430 | Any payments that are not claimed within 180 days of the date the funds have been made available because either the direct deposit bank account or required tax information have not been provided are subject to forfeit. | — | Removed |
| 431 | Conflict In the event any of the terms of these Terms of Service conflicts with any terms in a specific promotional campaign associated with a unique referral link, the terms of these Terms of Service shall govern. | — | Removed |
| 432 | Discontinuation of Previous Referral Program The Referral Programs described herein replace all earlier versions of such SoFi referral programs. | — | Removed |
| 433 | SoFi reserves the right to temporarily, or permanently modify or discontinue the Referral Programs at any time, for any reason, at our sole discretion and without notice to you. 8. | — | Removed |
| 940 | TLS 1.2 Encrypted Equal Housing Lender Privacy Preference Center When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. | 912 | TLS 1.2 Encrypted Equal Housing Lender We use pixels and other tracking technologies to collect your information and actions to enhance site navigation, personalize content, analyze site usage, and assist in marketing efforts. |
| 941 | This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. | 913 | We share this information with social media, advertising, and analytics partners. |
| 942 | The information does not usually directly identify you, but it can give you a more personalized web experience. | 914 | If you do not make a selection, you agree to our use of these technologies. |
| 943 | Because we respect your right to privacy, you can choose not to allow some types of cookies. | 915 | Privacy Policy Decline all optional Accept all Privacy Preference Center We use cookies, pixels, and other tracking technologies to collect and capture information you provide to us and information about your interaction with our site to enhance site navigation, personalize content, analyze your use of our sites and assist in our marketing efforts. |
| 944 | Click on the different category headings to find out more and change our default settings. | 916 | We share this information with our social media, advertising, and analytics partners. |
| 945 | However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. | 917 | The information collected might relate to you, your preferences, or your device. |
| 946 | More information Allow All Manage Consent Preferences Functional Cookies Functional Cookies These cookies enable the website to provide enhanced functionality and personalisation. | 918 | However, you can choose not to enable these cookies/tools. |
| 947 | They may be set by us or by third party providers whose services we have added to our pages. | 919 | You cannot opt-out of Strictly Necessary Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the cookie banner and remembering your settings, to log into your account, to redirect you when you log out, etc.). |
| 948 | If you do not allow these cookies then some or all of these services may not function properly. | 920 | To opt out, toggle the button that appears to the right of each cookie category (it will be gray when opted out). |
| 949 | Performance Cookies Performance Cookies We use different tools so that we can measure and improve the performance of our site. | 921 | SoFi Privacy Policy Allow All Manage Consent Preferences Strictly Necessary Cookies Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. |
| 922 | They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. | ||
| 923 | You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. | ||
| 924 | Optional Cookies Optional Cookies Performance Cookies Switch Label label We use different tools so that we can measure and improve the performance of our site. | ||
| 952 | Strictly Necessary Cookies Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. | 927 | Targeting Cookies Switch Label label Targeting cookies track users' actions and are used to identify users between different websites. |
| 953 | They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. | — | Removed |
| 954 | You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. | — | Removed |
| 955 | Targeting Cookies Targeting Cookies Targeting cookies track users' actions and are used to identify users between different websites. | — | Removed |
| 962 | Back Clear checkbox label label Apply Cancel Consent Leg.Interest Switch Label label Switch Label label Switch Label label Reject All Confirm My Choices Opens in new window PDF Download Word Download Excel Download PowerPoint Download Document Download | 934 | Back Clear checkbox label label Apply Cancel Consent Leg.Interest Switch Label label Switch Label label Switch Label label Confirm My Choices Opens in new window PDF Download Word Download Excel Download PowerPoint Download Document Download |
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