New SoFi Checking & Savings account holders can earn up to $400 directly from SoFi, plus an additional $335 through Swagbucks — for a combined total of up to $735 in signup bonuses. This offer is available nationwide and requires a qualifying direct deposit.
How the SoFi bonus tiers work:
- $50 bonus with direct deposits totaling $1,000–$1,999
- $100 bonus with direct deposits totaling $2,000–$4,999
- $300–$400 bonus with direct deposits of $5,000+
Cashback portal bonuses (as of 7/21/26):
- Swagbucks:$335

- Rakuten: $250
- TopCashBack: $200
Key account details:
- No monthly fees
- Soft credit pull only (no hard inquiry)
- No credit card funding
- No household limit listed
- Bonus paid within 14 days after the 25-day evaluation period ends
How to qualify:
- Open a new SoFi Checking & Savings account through a cashback portal (e.g., Swagbucks) to stack bonuses
- Set up qualifying direct deposit (must be from an employer, payroll, or benefits provider via ACH — P2P transfers and personal bank transfers do not count)
- Receive at least $5,000 in qualifying direct deposits within 25 days of your first deposit to earn the maximum SoFi bonus
- SoFi will credit the bonus within 14 days after the evaluation period closes
Things to keep in mind:
- SoFi is known to be strict about what qualifies as a direct deposit — employer/payroll ACH only
- The bonus may be reported as miscellaneous income (Form 1099-MISC) if it meets the IRS threshold
- Existing SoFi customers who have never set up direct deposit may also be eligible
Note:
- •Prices and availability may change without prior notice
- •Check the retailer's website for the most current pricing
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