You may have already heard of this offer as it has been going around many of the miles and points blogs for the past week or so. But if you haven’t already, it’s an easy way to make at least $50 through signing up for an account at SoFi money.
SoFi Money review
Historically, I have used a Charles Schwab account in order to get money out of ATMs while traveling abroad, since it has good rates and reimburses ATM fees worldwide. But SoFi ALSO reimburses ATM fees worldwide AND does it immediately (instead of having to wait until the end of the month to get the reimbursement)
Plus SoFi Money offers:
- Interest that varies with rates but is currently 1.60%
- No account, monthly, balance, overdraft or other fees
- Easy-to-use web interface and mobile account
- Combine with investing and other accounts
Add an easy $50 signup bonus on top of that and it’s definitely worth signing up for and possibly using as a go-to account at least for traveling
SoFi referral – how to get an easy $50 (or more)
Getting your $50 signup bonus is only currently available through referral links and is super easy. Signing up takes about 2-3 minutes and involves filling out your personal information and linking a bank account for an ACH transfer. You have to put in $100 and in my case, the $50 bonus posted the next day.
This truly is a no-brainer IMO.
Then, if you’re playing in 2 player mode or have another trusted person, you can refer them – that’s where the $200 comes in.
- Use my SoFi referral link (or anyone else’s, if you … sniff… don’t love me 😀 ) to open an account – you’ll get $50
- Then you refer your spouse or other trusted friend – they get $50 and you get $50 for the referral (EDIT: originally the referral bonus was $100 but now it’s $50)
- Total of $150 to the good, and then you can keep chaining referrals if you want
What do you think of SoFi money? Leave your thoughts on the service in the comments
This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as thepointsguy.com. This may impact how and where links appear on this site. Responses are not provided or commissioned by the bank advertiser. Some or all of the card offers that appear on the website are from advertisers and that compensation may impact on how and where card products appear on the site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners and I do not include all card companies, or all available card offers. Terms apply to American Express benefits and offers and other offers and benefits listed on this page. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. Other links on this page may also pay me a commission - as always, thanks for your support if you use them
User Generated Content Disclosure: Points With a Crew encourages constructive discussions, comments, and questions. Responses are not provided by or commissioned by any bank advertisers. These responses have not been reviewed, approved, or endorsed by the bank advertiser. It is not the responsibility of the bank advertiser to respond to comments.
Dan Miller travels with his wife and 6 (SIX!) children. He loves to help families travel for free / cheap, especially larger families. If you are looking for help, drop him an email at 
$100 referral is over, it’s back to $50 per referral now.
The $100 referral bonus expired earlier this week. It’s now $50.
My bad – I missed that (obviously I’m late to this game 😀 ). I’ve updated the post
I received an email on facebook, that stated I could open an account with $50.00 and receive a bonus of $25.00. If I then opened an account for my wife, I would do the same.
Before I could get started, I lost the connection and don’t have any idea who the referral was from. How do I access this information. I am interested in this program.
Hi Edward,
You can sign up with my referral link
https://www.sofi.com/invite/money?gcp=245314de-b16d-4613-aacd-0bc32dc352ab&isAliasGcp=false
You’ll get $25 plus up to $300 more if you set up direct deposit into the account. Hope that helps!
By the way I currently have accounts with B of A and Wells Fargo.