Sofi Checking & Savings: Free $500 + 4.6% Interest


Never Miss a Deal

Sofi Checking & Savings via Swagbucks is offering a Free $200 Amazon or PayPal Gift Card when you Sign Up for a Sofi Checking &  Savings Account with 4.6% Interest and Deposit $400 + Get a Free $300 Bonus in Your Sofi Account when you Direct Deposit $5000 or more in 1 month.

Follow the directions below:

  1. Click the link to Login/Sign Up for Swagbucks
  2. Open a SoFi Checking and Savings account
  3. Deposit at least $400 into your SoFi account
  4. Get 20,000 SB ($200 Cash Back) within 32 days
  5. Redeem your 20,000 SB for a $150 Amazon or PayPal gift card
  6. Deposit $5000 into your SoFi account within a month to receive the Extra $300 Bonus. See terms below.

SoFi Checking & Savings Features

  • No account fees
  • Earn up to 4.60% APY
  • 2-day-early-paycheck
  • No-fee Overdraft Coverage
  • Up to 15% cash back at local businesses
  • Up to $2M of additional FDIC insurance through a network of participating banks


  • SoFi members with direct deposit can earn up to 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum direct deposit amount required to qualify for the 4.60% APY for savings (including Vaults). Members without direct deposit will earn up to 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement.

Terms for $300 Bonus

  • Bonus Terms: In order to qualify for eligibility for a bonus, SoFi must receive at least one Direct Deposit (as defined below) from an Eligible Participant, the first of which must be received on or after 12/7/2023. Direct Deposits are defined as deposits of $1,000.00 or greater from an enrolled member’s employer, payroll, benefits provider, or government agency via ACH deposit. Deposits that are not from an employer, payroll, benefits provider, or government agency (such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and external bank ACH transfers not from employers) do not qualify for this Direct Deposit Promotion. The amount of the bonus, if any, will be calculated during the Direct Deposit Bonus Period as described and defined below.
  • Direct Deposits of $1000-$4999.99 will earn $50 Bonus, $5000 or more will earn a $300 Bonus
  • Direct Deposit Bonus Period: The Direct Deposit Bonus Period begins when SoFi receives a Direct Deposit within the Promotion Period and ends 25 calendar days later (the “Direct Deposit Bonus Period”). For the avoidance of doubt, the Direct Deposit Bonus Period shall not extend beyond the Promotion Period. The bonus amount will vary based on the total amount of Direct Deposits received during the Direct Deposit Bonus Period. Once the Direct Deposit Bonus Period has elapsed, SoFi will determine if you have met the offer requirements and will deposit any earned bonus into your checking account within seven (7) business days. For example, if SoFi receives between $1,000.00 and $4,999.99 in Direct Deposits during the Direct Deposit Bonus Period, you will receive a one-time cash bonus of $50. A member may only qualify for one bonus tier and will not be eligible for future bonus payments if Direct Deposits subsequently increase after the Direct Deposit Bonus Period.
Posted: February 23, 2024 at 1:00 pm