Update 5/20/21: The $75 SD bonus is back, and it stacks with the regular $100 direct deposit bonus that SoFi offers. (Referral bonus is only $50 for new member, I believe, so this SD offer is a bit better, unless you operate a P1+P2 setup.)
Offer at a glance
- Maximum bonus amount: $75 + $100
- Availability: Nationwide
- Direct deposit required: No
- Additional requirements: None
- Hard/soft pull: Soft
- Credit card funding: None
- Monthly fees: None
- Early account termination fee: ?
- Household limit: None listed
- Expiration date: None listed
The Offer
- Slickdeals is offering a $75 bonus when you’re logged into your account, go through their link and then open a new SoFi Money account and fund it with $125 or more.
The Fine Print
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
This account doesn’t have any monthly fees to worry about.
Early Account Termination Fee
Not sure if there is any EATF or not, but there is no monthly fee and it’s worth keeping the account open long term for the spending bonuses.
Our Verdict
According to this page you can also get a $75 direct deposit bonus through 9/30/20, I’m not sure if this offers will stack or not. My guess is that they will, we have covered that $75 bonus in more detail here. Previously you could get a $125 bonus and stack it with that $75 bonus, so this Slickdeals offer isn’t as good as that unfortunately.
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- PSA: Don’t Call The Bank
- Introduction To ChexSystems
- Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
- What Banks & Credit Unions Do/Don’t Pull ChexSystems?
- How To Use Our Direct Deposit Page For Bank Bonuses Page
- Common Bank Bonus Misconceptions + Why You Should Give Them A Go
- How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
- Affiliate Links & Bank Bonuses – We Won’t Be Using Them
- Complete List Of Ways To Close Bank Accounts At Each Bank
- Banks That Allow/Don’t Allow Out Of State Checking Applications
- Bank Bonus Posting Times
