The SoFi Refer a Friend Bonus is a great way to earn substantial rewards by simply referring others to SoFi’s financial products. By sharing your referral link, you can earn up to $1,500 through six different types of bonuses, including SoFi checking account bonuses, SoFi Money rewards, SoFi Invest incentives, student loan refinancing bonuses, personal loan referral rewards, and SoFi Plus subscription benefits. Each of these products offers unique advantages and bonuses for both you and your referral.
In this article, we’ll guide you through the details of the SoFi Refer a Friend Bonus, helping you maximize your earnings.
What Is the SoFi Refer a Friend Bonus?
- Referral Program: The SoFi Refer a Friend Bonus is a program where current SoFi members can refer their friends to various SoFi products, such as the SoFi checking account, investing options, or personal loans.
- Bonuses for Both: Both the referrer and the referee can earn rewards, typically ranging from $25 to $1,500, depending on the product and actions taken.
- Product Range: Referrals can be made for a variety of SoFi products, including the SoFi checking account, SoFi loans, and SoFi investment accounts.
- No Fee, Easy Process: The process is easy and requires minimal steps—just share your referral link, and the person you refer must meet a few simple requirements to qualify for the bonus.
- SoFi Sign Up Bonus Promotions: Many of SoFi’s products offer additional bonuses for signing up or completing specific actions, such as funding a SoFi account or setting up a direct deposit.
Types of SoFi Refer a Friend Bonus
- SoFi Checking and Savings Referral Bonus
- Referrer: Earn $75 in SoFi rewards points.
- Referee: Receive $25 in SoFi rewards points.
- Requirements: The referred friend must open a SoFi checking account and fund it with at least $50 within 14 days of account opening. This is a great bonus for anyone looking to simplify their banking with a no-fee, high-yield account.
- Bonus Tip: This bonus is one of the easiest to achieve, making it perfect for those looking to manage their finances effectively.
- Referrer: Earn $75 in SoFi rewards points.
- SoFi Money Referral Bonus
- Referrer: Earn $50 for each successful referral.
- Referee: Receive $25 after funding their account with at least $10 within five days of opening the account.
- Additional Bonus: Referrals who set up direct deposit can earn up to $300.
- Requirements: The referred person must open a checking account and set up direct deposit to unlock further rewards.
- Bonus Tip: This bonus works well for people who want a simple and flexible way to manage their daily finances and earn while doing so.
- Referrer: Earn $50 for each successful referral.
- SoFi Invest Referral Bonus
- Referrer: Earn $50 in SoFi rewards points.
- Referee: Receive $25 in SoFi rewards points.
- Requirements: The person you refer must open a SoFi Invest account and deposit at least $10 to start investing.
- Bonus Tip: SoFi Invest is perfect for new investors. With no commission fees and a range of investment options, it’s an ideal platform for getting started with stocks, ETFs, and crypto.
- Referrer: Earn $50 in SoFi rewards points.
- SoFi Student Loan Refinancing Referral Bonus
- Referrer: Earn $300.
- Referee: Receive $300 after refinancing their student loans through SoFi.
- Requirements: The referred friend must complete the student loan refinancing process through SoFi, which could help them save money by lowering interest rates.
- Bonus Tip: This is one of the largest SoFi refer a friend bonus, perfect for those with existing student loan debt looking for a way to save on interest.
- Referrer: Earn $300.
- SoFi Personal Loan Referral Bonus
- Referrer: Earn $300.
- Referee: Receive $300 after taking out a personal loan through SoFi.
- Requirements: The referred friend must be approved for and accept the personal loan from SoFi, which offers competitive rates and no fees.
- Bonus Tip: Ideal for people seeking to consolidate debt or fund large personal projects, this referral bonus gives both you and your referral a financial boost.
- Referrer: Earn $300.
- SoFi Plus Subscription Referral Bonus
- Referrer: Earn $100 in SoFi rewards points.
- Referee: Receive $100 in SoFi rewards points.
- Requirements: The referred person must subscribe to SoFi Plus, which offers premium financial services and personalized financial advice.
- Bonus Tip: This subscription service is designed for individuals who need extra support managing their finances, making it a valuable offer for those who want more hands-on guidance.
- Referrer: Earn $100 in SoFi rewards points.
How to Maximize Your SoFi Refer a Friend Bonus
To get the most out of the SoFi Refer a Friend Bonus, consider these strategies:
- Share Your Referral Link: Share your unique referral link widely—whether on SoFi social media platforms or your own social media accounts, through email, or even via text messages. The wider you share, the more chances you have of earning bonuses.
- Make Sure Your Referrals Complete the Sign-Up Process: Simply referring someone isn’t enough; ensure that your referrals follow through with all required steps, like depositing money or setting up direct deposit or loans.
- Utilize SoFi Promotions: Keep an eye out for SoFi promotions that enhance the referral process. These special offers can help you and your referrals earn extra rewards during certain periods.
Tips for Success
- Target High-Interest Products: When sharing your SoFi referral code, encourage people to sign up for products that provide the highest referral rewards, such as student loan refinancing or personal loans.
- Explain Benefits Clearly: Make sure your referrals understand the value of the products you’re recommending, whether it’s the SoFi checking account with no fees or the low interest rates on SoFi personal loans.
- Follow Up: Sometimes referrals need a gentle reminder to complete the necessary steps, such as setting up direct deposit or funding their account.
- Leverage Multiple Platforms: Use SoFi referral code on all your communication platforms. Posting on social media, sharing via email, or embedding it in your blog posts can help you get more referrals and more rewards.
Conclusion
The SoFi Refer a Friend Bonus is an excellent way to boost your income while helping friends and family discover SoFi’s financial products. Whether you’re helping someone save money with a SoFi checking account or introducing them to SoFi invest reviews, the opportunity to earn bonuses is extensive.
So, if you’re asking yourself, “Can I make money with SoFi?”, the answer is yes! With SoFi promotions and SoFi sign up bonus promotions, you can make money quickly and efficiently through referrals. Start sharing your SoFi referral code today, and you could be earning up to $1,500 in no time!
For more details on how to get started and take full advantage of the SoFi refer a friend bonus, visit SoFi’s official referral page.