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Up to $425SoFi's offer, as shown on SoFi's own site (Oct 8, 2026)SoFi: up to $425 — $25 for a $10 deposit, plus $50–$400 for direct deposits, no fees
Open SoFi Checking and Savings: a $10 deposit earns $25, and direct deposits in a 30-day window add $50 ($1,000–$4,999) or $400 ($5,000+) — up to $425 total.
Our take
The highest no-fee bonus here, and the account is genuinely good afterward (high savings APY with direct deposit, early paycheck, fee-free). The $25 piece is nearly free — it takes a $10 deposit. The real work is the top tier: $5,000 or more in direct deposits inside one 30-day window. Move your whole direct deposit for a month, collect up to $425, then decide if you stay.
What you have to do
- Open a new SoFi Checking and Savings account online (promotion runs through December 31, 2026)
- Deposit $10 or more to earn the $25 bonus
- Direct deposits totaling $1,000–$4,999 within a 30-day window earn $50; $5,000 or more earns $400
- The pieces stack — up to $425 total; no account, overdraft or monthly fees
Fees to avoid
None.
Verified: SoFi's checking offer page, checked Oct 11, 2026: up to $425 total — $25 for a deposit of $10 or more, plus direct-deposit bonuses of $50 for $1,000–$4,999 or $400 for $5,000 or more received within a 30-day window; offer runs through December 31, 2026. Source: sofi.com. Offers change; the bank's page is final.
Advertiser & referral disclosure: StackTheDeal may receive a referral bonus or commission when you apply for a card or open an account through links on this page. That never changes which offers we post or what we say about them. Offer terms are as shown on the issuer's own page on the date checked; the issuer's page is final, and offers can change or end without notice. We are not a bank or lender and do not make credit decisions. How we make money.
Common questions
How does the 30-day window work?
SoFi adds up the eligible direct deposits you receive inside a 30-day window: $1,000–$4,999 pays $50 and $5,000 or more pays $400. The $25 deposit bonus is separate and stacks on top of either tier.
Answered by StackTheDealDoes a transfer from Venmo, PayPal or my old bank count?
No. SoFi counts ACH deposits from an employer, payroll provider or government benefits. Transfers you push from another bank, Zelle, Venmo and PayPal don't qualify, and sending yourself a fake payroll is against the terms.
Answered by StackTheDealWhat if my direct deposits only reach $4,000?
Then you get $75 total — the $25 deposit bonus plus the $50 direct-deposit tier. There's no in-between: $1,000 to $4,999 pays $50, $5,000 and up pays $400. Time it so two full paychecks land inside the same 30-day window.
Answered by StackTheDealHow fast is the payout?
SoFi pays each piece after you qualify for it — the deposit bonus once your $10 lands, the direct-deposit bonus after your 30-day window closes. Check the offer page for the exact timing on your account.
Answered by StackTheDealCan I get this if I had a SoFi account before?
No. The bonus is for new SoFi Checking and Savings members; if you've had a SoFi Money or Checking and Savings account before, you're not eligible. A SoFi loan or Invest account doesn't disqualify you — check the terms for your situation.
Answered by StackTheDealIs there any fee or minimum, and is it taxable?
No monthly fees, no minimums and no overdraft fees. The bonus is taxable and shows up on a 1099-INT.
Answered by StackTheDeal
Questions about this offer?
💬 Ask us and we'll check it for you: message us on WhatsApp or email stackthedeal@gmail.com. Found it cheaper? Tell us and we'll update the post.