SoFi Checking and Savings
- Bonus
- Up to $400 ($50 for $1,000+, $400 for $5,000+)
- To qualify
- Up to $400 with $5,000 in direct deposit within 25 days of your first deposit
- What counts as a direct deposit
- Real payroll, pension or government benefit deposits. Transfers from your other bank accounts, Zelle and Venmo don't count. More
- Who can open it
- Anyone in the US, online
- Monthly fee
- None
- When the bonus is paid
- Within about 10 days after you finish the requirements
- Keep it open
- At least until the bonus posts. SoFi's offer doesn't list a penalty for closing early, but some banks take the bonus back within 6 months, so 6 months is the safe choice.
- Open by
- December 31, 2026
Checked against SoFi's own terms on October 19, 2026.