This analysis describes what SoFi's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This consent covers automated and pre-recorded contact methods that are otherwise regulated under laws such as the TCPA, meaning users contractually waive protections they might otherwise have against such contacts.
Interpretive note: The excerpt lists several contact methods; the canonical claim focuses on the autodialer and pre-recorded call methods named in the clause title as the primary legal proposition. Emails and SMS messages are noted in omitted_material.
The updated terms establish a new holding structure for the SoFi Plus 1% investment match benefit. Previously, members needed to maintain SoFi Plus membership for one continuous year from each deposit settlement to retain the match; the updated terms now require deposits to remain in the investment account for five years to retain the full match amount. The promotional period for this benefit restarted on August 18, 2026 and now runs through an unspecified termination date set by SoFi. Early withdrawal or account closure within the five-year period will result in loss of the match amount, though SoFi removed the explicit cancellation fee language in favor of forfeiture through the holding requirement. A limited-time 1% Deposit Match Offer available August 18-31, 2026 can now be combined with the main benefit if qualifying deposits and holding periods are independently satisfied for each offer.
View change record →The updated terms establish new conditions for SoFi's referral promotion that became effective on August 5, 2026. New account holders must now deposit $500 or more (rather than $50) within 21 days to qualify for the $50 Standard Bonus. For those subscribing to SoFi Plus, the terms now explicitly require that the $10/month payment be processed and validated by SoFi within the same 21-day window. Under the revised promotion period running through September 30, 2026, these higher activation thresholds apply to all new referrals.
View change record →The updated terms accelerate the referral promotion deadline to August 4, 2026, and impose tighter timing requirements on eligible recipients: accounts must open before the promotion ends, and deposits must settle within 21 days of both opening the link and registering or logging in as a SoFi user. This creates a more compressed eligibility window than the previous 21-day window measured from clicking the link alone. For SoFi Plus members, the updated terms now state that SoFi will automatically enable Overdraft Protection linking individual checking accounts to individual savings accounts (and joint accounts to joint accounts), allowing available savings to cover checking overdrafts without fees. You can disable Overdraft Protection at any time through the SoFi app or website, and funds applied to overdraft protection are limited to savings deposits not allocated to a Vault.
View change record →The reader consents to SoFi contacting them by any means, including pre-recorded messages, artificial voice, and automatic telephone dialing systems.
How other platforms handle this
In case of such an assignment by us, you are entitled to terminate the agreement with immediate effect by deactivating your account. We will provide you with reasonable notice of any such assignment.
You may not transfer any of your rights or obligations under these Terms without our consent.
If Stripe makes an Update available, User must implement it by the deadline stated in Stripe's notice. If no deadline is stated, then User must implement the Update within 30 days of the notice date.
"You agree that SoFi may contact you through any means, including emails, telephone, SMS messages...calls using pre-recorded messages or artificial voice, and calls and messages delivered using automatic telephone dialing systems...Excerpt from SoFi's Terms of Service
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This consent covers automated and pre-recorded contact methods that are otherwise regulated under laws such as the TCPA, meaning users contractually waive protections they might otherwise have against such contacts.
The reader consents to SoFi contacting them by any means, including pre-recorded messages, artificial voice, and automatic telephone dialing systems.
ConductAtlas has identified this type of provision across 298 platforms. See the full comparison.
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