Rakuten: Earn Up to $550 Cash Back from SoFi with Direct Deposit

Find the latest SoFi promotions & offers at Rakuten here. Why do over 6M members trust SoFi? Financial solutions for school, marriage, starting a family, home buying, retirement, or whatever’s next. Member FDIC.

Update 9/16/24: The offer is now $250 or 25K MR points from Rakuten, plus the $300 from SoFi with DD for a total of $550 – MyPoints at 39,100 points, Swagbucks at $230 cash back all in addition to Sofi’s current $325 offer.

Earn Up To $550 Cash Back with SoFi Checking and Savings Sign-Up

• Direct Link to Offer
• Sign Up with Rakuten
• SoFi Referral Link
• What you’ll get: Earn $250 Cash Back with SoFi Checking and Savings Sign-Up, then set up Direct Deposit for an additional $300 from SoFi
• Expiration: Limited time offer
• How to earn it:
  • Simply follow the button below.
  • Sign into your Rakuten account or create one if you have not already (new members earn a sign-up bonus)
  • Open a Sofi Checking & Savings account.
  • Complete a direct deposit with a minimum initial direct deposit of $500.00 into a new SoFi Checking & Savings account within 45 days of clicking the Rakuten link to qualify.
  • For more options, see our list of SoFi promotions and the best bank bonuses & bank rates.
• Terms: Cash Back provided by Rakuten, not SoFi. Cash Back is only available for new SoFi Checking and Savings customers. Only one per account. Customer must click through the Rakuten link and complete a direct deposit with a minimum initial direct deposit of $500.00 into a new SoFi Checking & Savings account within 45 days of clicking the Rakuten link to qualify. Cash Back amount subject to change and determined based on date customer clicks on Rakuten link. Cash Back will be automatically added to your Rakuten account within 45 days after a direct deposit is posted to your SoFi Checking & Savings account. Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Direct Deposit activity. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. SoFi Bank reserves the right to modify the terms of or suspend this promotion at any time and without prior notice. This promotion begins on January 12, 2024 and ends on December 31, 2024 (the “Promotion Period”). During the Promotion Period, the terms set forth herein replace any prior terms for the Cash Back offer.

(Use our referral link above to create your account)

Earn $40 Cash Back with SoFi Invest Sign-Up (Expired)

• Direct Link to Offer
• Sign Up with Rakuten
• What you’ll get: Earn $40 Cash Back with SoFi Invest Sign-Up
• Expiration: Limited time offer
• How to earn it:
  • Simply follow the button below.
  • Sign into your Rakuten account or create one if you have not already (new members earn a sign-up bonus)
  • See SoFi offer here.
• Terms:
  • Exclusions: Cash Back is only available for new customers, one per person. Customer must fund a minimum of $40.00 on a new Active Invest account to qualify.
  • Posting Time: Cash Back will be automatically added to your Rakuten account in a few days.

(Use our referral link above to create your account)

Bottom Line

For more from SoFi, see our list of their latest promotions here or our extensive list of offers from many banks and credit unions.