SoFi Checking and Savings

Online Checking + HYSA

SavingsAvailable nationwide52 days left

Tiered bonus that pays $300 at $5,000 of direct deposits in a 25-day window, plus a competitive APY.

Your personalized eligibility

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Add your state, bank relationships, and bonus history to see which rules could disqualify you.

Requirements at a glance

Direct deposit minimum: $5,000
Balance requirement: None
Minimum holding period: 30 days
Estimated effort: Low effort
Monthly fee: No monthly fee
Offer expires: 12/31/2026

Fee waiver: No monthly fees, no overdraft fees, no minimum balance.

Step-by-step qualification

1Open SoFi Checking and Savings and opt into direct deposit.
2Receive qualifying direct deposits within the 25-day evaluation window.
3Hit the $5,000 tier for the full $300 payout.

Payout timeline

Day 0
Account opened, evaluation window begins on first deposit.
Day 25
Evaluation window closes.
Day 30
Bonus posted to checking.

Fine print traps to avoid

The window is only 25 days from the first qualifying deposit — timing matters.
ACH pushes from another bank generally do not qualify.
Bonus is taxable interest income.