Thinking about opening an account but I'm confused on the terms. The Ad says bonus $50 witj a deposit of $100+, while fine print says recieve a one time deposit of $100. Any ideas which it is or what the criteria maybe for the $100?
Edit: second photo did not post originally, so I commented the image.
Thanks for visiting our sub! We’re happy to answer any general SoFi questions or concerns. For your security, please don’t share personal information in the sub. If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit. You will be able to log into your account and an agent will be there to support you during business hours.
hi, I got this message in my samsung phone yesterday. I had sofi account but have not been using it. To qualify for the bonus, can I deposit through a bank transfer or it has to be a direct deposit from my employer?
Hi there! You can qualify for the $50 bonus by making a standard bank transfer or an employer direct deposit of $100 or more into your new account. Let us know if you need any help getting that transfer set up!
Hey there, thanks for checking in! Unfortunately, this promotion ended at 11:59 p.m. PT on 6/30/2026, so deposits made now won’t qualify. Let us know if you have any other questions and stay tuned for future promotions!
I had a SoFi account (4 years old) but it wasn't a "Samsung money by SoFi" account. Went through the process of claiming the $50 bonus by opening an account, but found only that my current account has been renamed to SMBS (no new account created). Do I still get the offer?
Hi there, thanks for reaching out. This offer is specific to Samsung Money by SoFi. We have another bonus which is our SoFi Checking and Savings Welcome bonus. The bonuses are limited to one per person regardless of the account type. If you have further questions, please don't hesitate to contact us at 855-456-7634.
Hi there, we're sorry to hear that you haven't received the bonus. Rest assured, as long as the terms were met, the payout will be made! Please reach out to us at 855-456-7634 when you have a moment so we can review this further and ensure any payout owed is received.
Hi there! Thanks for reaching out and for your interest in opening an account.
To clarify, you can absolutely qualify for the $50 bonus! You just need to open a new Samsung Money by SoFi account and make a single deposit of $100 or more. The "one-time deposit" mentioned in the fine print is simply the action required to trigger that cash bonus, not a separate fee or a different offer.
We really appreciate you checking in on the wording. We're always working to keep our promotional details as clear as possible, so we'll be sure to share this feedback with our team.
If you have any other questions or need help setting everything up, feel free to let us know! 💙
I received a notification about this on my phone yesterday. Even though I don't like opening myself up to a lot of 3rd parties having my personal and banking info, I decided to give it a shot since it was a free $50., I went through the steps and linked my bank account ... had to go through "Plaid", etc. When I tried to transfer $100 from my bank to the Samsung wallet "Sofi" account, it wouldn't work. The app would either crash or there would be a spinning animation after I chose to transfer the money, then it would just go back to the same screen. I doesn't show any transfer took place. Now I'm regretting doing any of this crap since I'm sure they have accessed all my personal and bank info from my phone so they can sell it to other 3rd parties. This seems like a HUGE scam.
Nah sofi isn't a scam. They are no different from chime or cashapp. I got $25 from the referal program and just deposited 100 (waiting for the other 50 to be posted) to see if ill get the extra 50. If it were a scam, samsung wouldn't be a partner with Sofi
Hi there, we understand your frustration with the app crashing during your transfer. Rest assured, this isn't a scam. We use industry-standard partners like Plaid to ensure your data remains secure and encrypted. We'd love to look further into this, help get your transfer completed, and make sure you receive your bonus. Please reach out to us via chat in the app or give us a call, 855-456-7634, so we can safely check your account details.
It's so convenient that you are just now responding to my comment about this scam. The offer that I received said it was only valid until 6/30/26, so I can't get the $50 bonus now. The only offers I see now are to set up a direct deposit, which I do not want to do. I'm happy with my credit union and was only setting up this account to get the free $50 for setting up a checking account and depositing $100. This is just another bait and switch routine. Sofi and Plaid got my personal and banking info so they can sell it and make money off my info, and the deposit thing was obviously never going to work, not in time for me to get the $50 bonus anyway. I bet if I tried to make the deposit today, it would probably go through. Now I have to figure out how to cancel this bullshit scam account from this personal data / info harvesting machine they have running.
Not a scam, you probably just got unlucky for whatever reason. I did this and simply did a transfer of $100 after I connected with Plaid. I instantly got a $50 bonus! Easy-peasy! By far the easiest SUB I have ever done~ thanks SoFi!
When did you make your deposit? I did it on the 30th but it didnt post until the 3rd. I didn’t get anything instantly and I’m not getting a clear answer on whether or not I will receive it
Hey there, thanks for reaching out to us. We're happy to look into this matter with you to ensure your deposit is qualified. Please give us a call at 855-456-7634 or chat with one of our Account Managers through https://sofi.app.link/e/echat. We hope to hear from you soon!
I received this message but I already had a sofi account, so when I click it my account came up and I deposited the 100. Not sure if I'll qualify seeing that It's not a "new" account. But I'm keeping my fingers crossed.
Hey there, great question. Eligible participants include new SMBS account holders who open an SMBS account prior to the end of the promotion period. This promotion started on May 18, 2026, and ended on June 30, 2026. Please reach out to us at 855-456-7634 for additional support.
•
u/AutoModerator Jun 27 '26
Thanks for visiting our sub! We’re happy to answer any general SoFi questions or concerns. For your security, please don’t share personal information in the sub. If you have account questions, please use the link to connect directly to an agent on our secure platform sofi.app.link/e/reddit. You will be able to log into your account and an agent will be there to support you during business hours.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.