SoFi Money is out with a new promotion, offering a $100 cash bonus for both new and existing customers who set up direct deposits totaling $1,000 or more in a 30-day period through April 30, 2021.
SoFi Money was one of our favorite ways to get your cash abroad without ATM fees. Unfortunately, that took a big blow late last year when SoFi stopped guaranteeing free ATM withdrawal for customers who opened their accounts after June 9, 2020. That makes the Charles Schwab debit card far better for your international travels.
Still, this is a great deal if you've already got an active SoFi Money account. Read the full details of Sofi's promo.
New SoFi Money Account Holders
New to SoFi Money? You can a $50Â welcome bonus when you sign up for SoFi Money using our referral link and fund the account with $500 or more.
And through April 30, 2021, that promotion will stack with this promotion to earn a $100 bonus for setting up direct deposits totaling $1,000 or more within $30 days – allowing you to earn a total bonus of $150.
But be warned, new SoFi Money members will no longer get free ATMs worldwide, but only at Allpoint ATMs in the U.S., Mexico, Australia, and the U.K. The best option for free ATMs worldwide is once again the Charles Schwab Debit Card.
Read more: SoFi Money Review: Is it Still Worth a Spot in Your Wallet?
Bottom Line
If you have a SoFi Money account, this is a great deal to earn a $100 bonus just for setting up $1,000 of direct deposits within 30 days through April 30.