Replace December 2025: SoFi introduced some adjustments to their out there options and what’s solely out there with their SoFi Plus “Premium” membership program. I really feel that they’re making an attempt to construct one thing like “Robinhood Gold”, however hopefully higher promos are coming as a result of I don’t really feel the perks are price the associated fee proper now. First, there at the moment are three alternative ways to earn their increased APY tier (any single ONE of those is sufficient):
- Eligible Direct Deposit of any quantity (even $1). Many individuals can break up their paycheck a number of methods.
- $5,000+ in mixed balances throughout SoFi Checking and Financial savings accounts
- SoFi Plus members that pay $10/month payment.
You may see this on their price sheet (as of 11/12/25):
Second, SoFi Plus is now paid-only at $10/month. You not get it free of charge with a direct deposit, though they’re extending complimentary entry to all SoFi Plus advantages by means of March 30, 2026 with eligible deposits. You may see a listing of SoFi Plus advantages right here.
For probably the most half, the SoFi Plus advantages are the identical as earlier than. A notable new addition is the SoFi Good Card which is a cost card linked to your SoFI Financial institution accounts that gives limitless 5% money again at grocery shops.
In any other case, I might say probably the most priceless SoFi Plus perks that current Direct Deposit of us misplaced with this alteration are:
- 10% rewards enhance on the SoFi Limitless 2% Credit score Card, which turns the two% money again into 2.2% money again.
- 2% match on recurring IRA contributions, plus a 1% match on recurring deposits made by means of SoFi Make investments taxable brokerage accounts.
- Probably the flexibility to “schedule an infinite variety of appointments with a monetary planner”, though I’m unsure of the standard of this recommendation. There isn’t a indication you’re assured a minimum of a CFP. I’ve by no means used this function, nevertheless it is likely to be good for those who wished to get some common recommendation.
Replace April 2024: SoFi made a couple of notable adjustments just lately, each constructive and adverse:
- The SoFi Limitless 2% Credit score Card added 10% enhance on their rewards with direct deposit into SoFi Checking or Financial savings. This could work out to 2.2% money again rewards factors on on a regular basis purchases. (As of December 2025, that is now restricted to SoFi Plus members paying $10 a month.)
- There’s a new inactivity payment of $25 per account for each 6 months of login inactivity.
- The outgoing ACAT switch payment was elevated to $100. Beforehand $75.
Unique submit:
SoFi (“Social Finance”) is an all-in-one finance app that expanded from college students loans into banking, shares, crypto, bank cards, and extra. Listed here are their present promotional provides; New customers can obtain a separate opening bonus for every separate a part of SoFi (Cash, Make investments, Loans, and many others).
- SoFi Checking Referral Provide: As much as $325 new consumer bonus. Open a brand new SoFi Cash account and add a minimum of $10 to your account inside 5 days, and get $25. Then stand up to $300 further bonus with qualifying direct deposit. Plus as much as 4.30% APY.
- SoFi Credit score Rating Monitoring Provide: $10 in rewards bonus factors. You’ll earn $10 in rewards factors while you activate free credit score rating monitoring
- SoFi Make investments Referral Provide: $25 new consumer bonus. Taxable brokerage account. Open an Lively Investing account with $10 or extra, and also you’ll get $25 in inventory.
- SoFi 401(okay) Rollover Provide: As much as $10,000 Bonus. Get a 1% match while you roll over your 401(okay) right into a SoFi IRA. Partnered with Capitalize to make the transition simpler.
- SoFi Pupil Mortgage Refi: $300 bonus. Warning: Do your analysis earlier than refinancing your Federal scholar loans to a non-public lender.
- SoFi Docs and Dentists Pupil Mortgage Refi: $1,000 bonus. Particular low charges only for docs and dentists.
- SoFi Personal Pupil Mortgage: $300 bonus.
- SoFi Private Loans Referral Provide: Fastened $300 bonus. Fastened $300 bonus, 90 days after profitable funding. The mortgage has no charges and you may pay it again in full after 90 days (you possibly can pay it all the way down to $50 earlier than then to accrue minimal curiosity, thus making a brand new revenue after the bonus).