The SoFi referral bonus program provides a great opportunity to earn rewards simply by inviting friends to use SoFi’s financial services. Whether you refer someone to SoFi Active Investing, personal loans, or checking accounts, both you and your referrals can benefit from generous incentives, including cash bonuses, reward points, and exclusive promotions.
With multiple referral bonuses available, you could earn up to $1,500 or more. Simply share your unique referral link, and you and your friends can unlock valuable rewards.
In this guide, we’ll explore how the SoFi referral program works, the different types of bonuses available, and practical tips to maximize your earnings. Let’s dive in
What is the SoFi Referral Bonus?

The SoFi referral bonus is a simple way to earn money by referring new users to SoFi. When your referred friend completes a specific action—such as signing up, opening an account, or applying for a loan—you both earn rewards. Here’s how it works:
- Step 1: Share your referral link with friends, family, or colleagues.
- Step 2: Your referred friend signs up using your unique link and unlocks a sign-up bonus.
- Step 3: After completing the required actions (e.g., making a deposit, applying for a loan), both you and your friend receive a SoFi referral bonus.
Different Forms of the SoFi Referral Bonus

SoFi’s referral program includes six types of bonuses, each offering different rewards based on the services your referred friend signs up for. Here’s a breakdown of each:
1. SoFi Active Investing
- Bonus for Referrer: $50
- Bonus for Referred Friend: $25
- Details: With SoFi Active Investing, you and your friend both earn bonuses for signing up and funding an account. When you share your SoFi referral code for investing, you receive $50, and your friend gets $25 after funding their account. This is a fantastic way to start investing while earning money.
2. SoFi Student Loan Refinancing
- Bonus for Referrer: Up to $1,000
- Bonus for Referred Friend: No direct bonus
- Details: When your friend refinances their student loans through SoFi, you can earn up to $1,000 in SoFi referral bonuses. While the referred friend doesn’t get a direct bonus, they benefit from SoFi’s competitive refinancing rates. This is one of the highest-earning opportunities within the program.
3. SoFi Personal Loans
- Bonus for Referrer: $300
- Bonus for Referred Friend: $300
- Details: Referring a friend to SoFi Personal Loans allows both you and your friend to earn $300 each when the loan is funded. SoFi offers flexible terms and competitive rates, making it an ideal referral opportunity for anyone looking for a personal loan.
4. SoFi Private Student Loans
- Bonus for Referrer: Up to $1,500
- Bonus for Referred Friend: No direct bonus
- Details: If you refer someone for SoFi Private Student Loans, you can earn up to $1,500, depending on the loan amount. Your referred friend will receive favorable loan terms but won’t get a direct bonus. This is one of the largest SoFi referral bonuses available.
5. SoFi Checking and Savings
- Bonus for Referrer: $75
- Bonus for Referred Friend: $25
- Details: When you refer someone to SoFi checking accounts and savings, you earn $75, and your friend gets a $25 bonus. This is one of the easiest SoFi referral bonuses to earn, especially with SoFi’s high-yield savings features. The SoFi checking account comes with great benefits, including no fees, high-interest savings, and easy-to-use banking options.
6. SoFi Credit Score Monitoring
- Bonus for Referrer: $10 in rewards points
- Bonus for Referred Friend: No direct bonus
- Details: If you refer someone to SoFi Credit Score Monitoring, you’ll earn $10 in rewards points. Your referred friend doesn’t receive a direct bonus, but they’ll benefit from tracking and improving their credit score..
Maximizing Your SoFi Referral Bonus Earnings

To get the most out of your SoFi referral bonus, consider the following strategies:
- Share your referral link widely on social media, through email, or by texting friends and family.
- Target high-earning opportunities like SoFi Student Loan Refinancing and Private Student Loans, where you can earn up to $1,500.
- Follow up to ensure your referred friends complete the necessary steps to unlock the bonus rewards.
Tips for Successful Referrals

- Be clear and transparent: Explain the benefits of SoFi and the specific SoFi referral bonus to your friends.
- Highlight the cash bonuses: Emphasize the fact that both you and your friend can earn cash, making the referral offer more appealing.
- Use multiple platforms: Spread the word across social media, email, and personal messaging platforms to increase your chances of referrals.
Conclusion
The SoFi referral bonus program is an excellent opportunity to earn money by simply referring friends to SoFi’s diverse financial services. Whether you’re referring people for SoFi checking accounts, loans, or SoFi promotions, there are plenty of ways to maximize your earnings. With bonuses ranging from $25 to $1,500, the SoFi referral bonus program offers a rewarding way to help others discover SoFi while boosting your own finances.
By leveraging SoFi sign up bonus promotions and using your SoFi referral code, you can get closer to making money with SoFi. Plus, don’t forget to explore SoFi Invest reviews to see the benefits of investing while earning rewards.
FAQs
How do I get my referral link?
You can find your unique referral link in the account section of your SoFi app or website.
Can I refer multiple people to earn more bonuses?
Yes! There is no limit to how many people you can refer to earn additional SoFi referral bonuses.
Are there limits to how many bonuses I can earn?
SoFi does not impose a specific limit on the number of referral bonuses you can earn, so feel free to refer as many people as you like to maximize your earnings.