If you’re looking for an easy way to earn some extra cash, the SoFi referral program might be just what you need. By sharing SoFi Invest with your friends, you can earn a $25 bonus! To qualify, the person you refer must open a new SoFi Active Investing Account. As long as you have a SoFi Invest account, either an Automated Invest account or an Active Invest account, you can be a referrer. Let’s take a closer look at the SoFi referral program and how it works.

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What is SoFi?

SoFi, or Social Finance, Inc., is a finance company offering a range of services, including student loan refinancing, mortgages, personal loans, and investing. Its mission is to help people achieve financial independence and stability through innovative technology and a community-based approach.

What is the SoFi Invest Referral Program?

The SoFi Invest Referral Program is a program that lets you earn a $25 bonus for referring a friend to open a new SoFi Active Investing Account. To be a referrer, you must have a SoFi Invest account, either an Automated Invest account or an Active Invest account.

How does the SoFi Invest Referral Program work?

As a referrer, you can share a referral link with your friends via email, text, or social media. Your friend must use the referral link to open a new SoFi Active Investing Account, and both you and your friend will receive a $25 bonus once the account is funded with at least $1,000. There is no limit to the number of people you can refer, so you can earn multiple bonuses.

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Who is eligible to participate in the SoFi Invest Referral Program?

To participate in the SoFi Invest Referral Program as a referrer, you must have a SoFi Invest account, either an Automated Invest account or an Active Invest account. Your friend must be a new SoFi Active Investing Account holder and must have used your referral link to sign up for the account. The referral program is not available for institutional investors or for securities held in a SoFi Wealth account.

What is SoFi Active Investing?

SoFi Active Investing is SoFi’s online brokerage platform where you can purchase and sell stocks, ETFs, and cryptocurrencies. With no account minimums or trading fees, SoFi Active Investing aims to make investing accessible and affordable for everyone.

What is SoFi’s cash management account?

SoFi offers an online cash management account that acts as a hybrid checking/savings account. The account earns interest on your deposits, currently at 0.25% APY, and has no account fees or overdraft fees. SoFi obtains FDIC insurance through their partner banks, MetaBank and The Bancorp Bank, allowing your deposits to be insured up to $1.5 million.

How to Join SoFi Referral Program

If you’re interested in earning a $25 bonus for sharing SoFi Invest through their referral program, here’s how to join:

  1. First, make sure you have a SoFi Invest account, whether it’s an Automated Invest or an Active Invest account.
  2. Next, you need to get your referral link. You can find this link in the SoFi mobile app or on the website.
  3. Share your referral link with your friends and family. They must use your referral link to sign up for a new SoFi Active Investing Account to qualify for the referral bonus.
  4. Once your referee signs up and meets the program requirements, you’ll receive your $25 bonus.

It’s that easy to start earning with SoFi’s referral program. Don’t forget to read the terms and conditions to understand the full details of the program.

How the Referral Program Works

The SoFi Invest Referral Program lets you earn a $25 bonus for referring friends and family to SoFi Invest. As a referrer, you must have an existing SoFi Invest account, either an Automated Invest account or an Active Invest account. Once you refer someone and they open a new SoFi Active Investing Account using your unique referral link, you will receive the referral bonus of $25. The person you referred must deposit at least $100 into their new account in order for both of you to qualify for the bonus.

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Sharing Your SoFi Referral Code

Sharing your SoFi referral code is simple and easy. You can share your unique referral link through email, social media, or directly messaging your friends and family. Make sure to emphasize the benefits of joining SoFi Invest, such as low fees and the various investment options available. You can also share your personal experience and how you have benefited from using SoFi Invest. It is important to make sure that the person you are referring uses your unique referral link to sign up to ensure that both of you qualify for the referral bonus.

SoFi Products Available for Referral Bonuses

SoFi offers a number of products for which you can earn referral bonuses by referring new users to their platform. Some of the products available for referral bonuses include SoFi Money, SoFi Invest, and student loan refinancing.

SoFi Money

SoFi Money is an online cash management account that offers a hybrid checking/savings account. By referring a friend to SoFi Money, you can earn a $25 bonus for each successful referral. In order to qualify for the referral bonus, the referee must open a new account with SoFi Money using your unique referral link and deposit at least $500 into their account.

SoFi Invest

SoFi Invest is SoFi’s investment platform that offers both automated and active investing options. By referring a friend to SoFi Invest, you can earn a $50 worth of stock for each successful referral. In order to qualify for the referral bonus, the referee must open a new SoFi Active Investing Account using your unique referral link and deposit at least $100 into their account.

Student Loan Refinancing

SoFi also offers student loan refinancing options. By referring a friend to SoFi’s student loan refinancing program, you can earn a $300 bonus for each successful referral. In order to qualify for the referral bonus, the referee must complete a student loan application and disbursement with SoFi using your unique referral link.

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Frequently Asked Questions (FAQs)

Here are some answers to common questions about SoFi’s referral program:

What is the SoFi referral program?

The SoFi referral program is a program that rewards both referrers and referees for sharing SoFi Invest with others. Referrers can earn $50 in stock and give $25 in stock, while referees can earn a $25 bonus for opening a new SoFi Active Investing Account.

Do I need a SoFi Invest account to participate in the referral program?

Yes, in order to be a referrer, you must have a SoFi Invest account (either an Automated Invest account or an Active Invest account).

What does the referee need to do in order to qualify for the referral bonus?

The referee must open a new SoFi Active Investing Account in order to qualify for the $25 bonus.

How much does the referee need to deposit in their account to qualify for the referral bonus?

The referee must deposit at least $100 in their new SoFi Active Investing Account in order to qualify for the referral bonus.

How can I participate in the SoFi referral program?

To participate, you can go to your SoFi Invest account and find your unique referral link. Share your link with friends and family, and if they use your link to open a new SoFi Active Investing Account and deposit at least $100, you will earn a $50 reward and they will earn a $25 bonus.

Conclusion

By utilizing the SoFi referral program, customers have the opportunity to earn lucrative rewards while sharing the benefits of SoFi Invest with their friends and family. By referring someone who opens a new SoFi Active Investing Account with a deposit of at least $100, the referrer earns a $50 stock bonus and the referee earns a $25 stock bonus. Taking advantage of this program not only provides financial benefits but also allows people to share a reliable online cash management account with the added benefit of FDIC insurance through their partner banks. Start referring today and reap the benefits of SoFi Invest.

References

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SoFi Invest Referral Program

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SoFi Invest Referral Program Interface

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