SoFi Bank
CheckingVerified Oct 9, 2026
SoFi Checking and Savings: up to $400 bonus
Eligible recurring direct deposits totaling at least $5,000 within 25 days of the first eligible deposit.
- Direct deposits
- $5,000 in 25 days
- Cash to keep
- No balance requirement
- Monthly fee
- $0
- Apply by
- Dec 31, 2026
Selected target
$400
Apply by Dec 31, 2026
View offer at SoFi BankRead the bank's terms · Offer terms can change. Confirm current eligibility and terms with the bank before applying.
Your fit
Add your state, direct deposit and cash to check this offer's conditions against your situation.
This checks the published conditions only. The bank decides who is approved.
Steps to earn
Complete all 1 step for $400
Direct deposit
Eligible recurring direct deposits totaling at least $5,000 within 25 days of the first eligible deposit.
- $5,000
- Within 25 days of your first qualifying deposit
All tiers
| Bonus | Deposit to qualify | Cash to keep | Choose your target |
|---|---|---|---|
| $50 | Direct deposits: $1,000 in 25 days | No balance requirement | |
| $400 | Direct deposits: $5,000 in 25 days | No balance requirement | Selected |
Timeline
Add a date to put the deadlines on a calendar. Only steps timed from opening get a date.
Apply by Dec 31, 2026
Open the account
Direct deposit
Timed from your first qualifying deposit
Eligible recurring direct deposits totaling at least $5,000 within 25 days of the first eligible deposit.
Bonus paid
Within 7 business days after completing the direct-deposit requirements; checking account must remain open and in good standing.
Money and fees
- Bonus
- $400
- Monthly fees
- No monthly fee
- Bonus after fees, before tax
- $400
Cash to keep in the account
No balance to maintain
After the bonus
- Account type
- Checking
- Monthly fee
- $0
- APY
- Not stated in the terms we reviewed
- Early closure fee
- Not stated in the terms we reviewed
- How to open
- Online
Eligibility
Where it's offered
The bank's terms don't list states. Check availability on the bank's site before applying.
Who can get it
No new-customer rule in the terms we reviewed.
Available to SoFi members who have never set up eligible direct deposit with SoFi; one bonus per member.
Terms and sources
Checked against sofi.com on Oct 9, 2026. Next check by Oct 23, 2026.
- sofi.com/banking/checking-offerCaptured Oct 9, 2026
Offer terms can change. Confirm current eligibility and terms with the bank before applying.