SoFi offering 20% cash back on Netflix, Disney+, Door Dash and more


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If you have not yet signed up for a SoFi money account, now might be the time to do so. Aside from the $75 bonus you’ll receive with signing up for a new account, you’ll save money on many streaming services and DoorDash order. Through June 30, you’ll receive 20% cash back on the following: Netflix, Prime Video, Disney+, Hulu, HBO Now, CBS All Access, Spotify, Pandora, Google Play Music and DoorDash. All you have to do is pay for these services with your SoFi Money account. This promotion is for all new and existing SoFi members.

What is SoFi Money?

There has been quite a bunch of hype recently about SoFi Money due to its pretty awesome sign up bonus. For starters, SoFi Money is a cash management account with absolutely no fees. Best of all, all ATM fees are reimbursed when using their debit card, so it is a great account to use when traveling. Also, there is no hard pull so it will not go against your Chase “5/24” status or show up as a ding on your credit reports.

New Members Sign Up Offer

If you are not yet a member, you can still sign up, receive the free money for new members and still take part in the claw game (through March 31, 2020).

There are two new member offers for those signing up for both a SoFi Money and SoFi Invest account through a referral link. Best of all, you are eligible to get the bonus for each account.

Additionally, if you refer friends or family members and they open up either account, you can continue to earn free money. You’ll receive $25 for everyone that opens up a SoFi Money account and $50 for a SoFi Invest account. You are capped at earning $10,000 per year! Thanks in advance to those who use my referral link. 

My Experience

I personally opened both a SoFi Money and SoFi Invest account. It took me just a few minutes to fully get both accounts set up. The process was seamless and transferring money into my account was easy. Not only did I receive free money from opening up an account, I also just got another $25 for free in a stock of my choice.

I received my SoFi Money cash bonus within just 3 business days of setting up my account, and I received my free stock from the SoFi Money account within the same time period. My debit card then arrived within a week from when I applied.

While I haven’t traveled internationally with the card yet, I have tested it out at a random ATM in my hometown many times. This card works out quite well at my favorite bagel place that only takes cash but has a random ATM in the building — perfect for when I need cash in a punch. This ATM charges a fee and I am always immediately reimbursed. So far, I truly have enjoyed my new debit card!

Referring Friends

To refer a friend, you’ll need to install the SoFi app. (I was able to find it quickly in the App Store). Once in the app, on the upper left-hand side of the welcome screen you’ll see a circle with a person icon enclosed. Click that button.

Then, click the link that says “Invite friends.”

From there, you can refer a friend to SoFi Money and SoFi Invest. You can save your referral link and send it to friends, or you can directly send the link via a text message, email, Facebook, etc.

Free Stock with the Claw Game

On top of the bonus you’ll receive for signing up and referring members, right now SoFi is offering a fun game to give its members free stock — with the claw game.

If you are already a SoFi member, sign into your SoFi app and on the homepage scroll down to the “Invest” section. Click on the “Play for a chance to win” to get your free stock with SoFi Invest.

Play the claw game to see how much you win. I personally won $25 in free stock, which is a very nice offer for simply having an account. Especially since I can eventually transfer that money into my SoFi Money account and then straight to my bank account. I’ve seen offers of people winning anywhere between $5 and $25.

Overall…

This is a great way to get some money back into your pocket simply by signing up for a debit card account. Unlike credit card welcome offers, there is no minimum amount of spend needed, no hard inquiry, no wondering whether or not you are going to get approved, etc. But really, my favorite benefit is the reimbursed ATM fees. For me personally, that is huge.

Right off the bat, you’ll receive $75 for signing up for the SoFi Money account and another $50 for signing up for a SoFi Invest account. Then, once you refer your significant other, you’ll receive another $75 in total ($25 for referring to SoFi Money and $50 for SoFi Invest). That means you personally can be ahead with $200 back in your pocket. That does not take into consideration the free money your significant other earns on the bonus or any other friends or family members you continue to refer.

Feel free to comment below with your experience using SoFi.

Note: Feel free to leave your referral link in the comments below, but comments offering to pay readers for using their links will be deleted.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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Shane Dukes
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Shane Dukes

https://www.sofi.com/share/money/2728480/

Transferred my money 2 days ago, finally appeared in account today. Referral and sign up bonuses still appear as pending.

Adam
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Adam

Here’s my link! Great deal, thanks to anyone that uses it 🙂
https://www.sofi.com/share/money/2730810/

Billy Bob
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Billy Bob

I tried to link three accounts and none worked. On the fourth attempt it said ‘you’ve reached your limit and cannot try again until November 1’. So, I cannot move $100 in until then. Will I still get my bonus?
Thanks

Henry
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Henry

Here is the link for the Sofi Money account:
https://www.sofi.com/share/money/2729189

You can get another $50 in stocks with the Sofi Invest account as well:
https://www.sofi.com/share/invest/2729189

Daryl
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Daryl
Nick
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Nick

Opened an account using your link.

Jimm
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Jimm

Hi there, sharing some data points: signed up Wednesday via iOS Safari, but had an issue initially and had to finish signing up in my Win10 laptop via Firefox, but worked out just fine. Downloaded the app and signed in, and the $100 referral link showed up right away so copied that to send off to my sister and friends. Went to deposit my initial $100 but evidently small banks require two small deposits to verify the account is valid, so had to wait a day to go through that confirmation process. Late Thursday night (day 2) the small deposits… Read more »

Jeff
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Jeff

Sign up link. Thanks to anyone advance that uses it.

https://www.sofi.com/share/money/2728946/

midMOmike
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midMOmike

Used your referral. Took about 10 hours for the two small deposits to show up in my bank account. Confirmed and placed $110 into soFi. Now I wait to find out if the deal for referrals is still in effect.

midMOmike
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midMOmike

I signed up using your referral link. I hope many others have as well. It’s a way to help repay you for all the deals you’ve led me to over the past few years. The $50 bonus showed up today.
BTW… I think the referral links are only good for 14 days, so between Nov, 3rd and November 11th, if the Deals We Like referral link doesn’t work, feel free to use mine.

https://www.sofi.com/share/money/2739771/

Michael Buhse
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Michael Buhse

The current offer is showing I need to invest $5k to get $100.
Get $100 worth of your favorite stock to start building your portfolio when you fund your SoFi Invest account with at least $5,000.

Michael
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Michael

Neither of us can get our signup bonuses from Sofi without me giving them your email address. Please advise.

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