This Crazy Referral Offers Put on by Sofi

Over the last couple of weeks we have seen a new player in the financial marketplace make some pretty incredible offers to us consumers. The company name is SoFi and they have been around since 2014 primarily focusing on issuing student loans. They have now expanded into a banking account of sorts and also an investment account, both with some remarkable sign-up bonuses and nice in-app features.

SoFi Money offers an account where they pay 1.6% on your balances, charge NO ATM fees anywhere in the world and if you open an account they give you a $50 Welcome bonus on your $100 initial deposit.

SoFi Invest offers a $100 Welcome Bonus when you open an investment account with a $1000 deposit. They buy fractional shares of about 100 stocks, mutual funds and ETF’s if your deposit is not big enough to buy full shares. You can set up automatic deposits into the Invest account of Money account and they will post in short order. I have both accounts and am extremely happy with the service, website, follow up and most of all REFERRAL Opportunities for all of us. You get $50 when you refer someone to Money and $100 when you refer someone to Invest

In order to take advantage of the lucrative referral offers you must first sign up and then after opening your account, download the app to your phone and start referring to others There is a little man’s head in the upper left-hand corner of the home page on the app. That’s where you’ll find your referral links. Here are my two referral links to get you started:

SoFi Money link

SoFi Invest link

I want you to just take a minute and think about how this can multiple to your advantage. You sign up for a Money account and deposit $100 and get your free $50 welcome bonus. Then download the app and start referring to family members and friends., You’ve already got a whole list of people that I’m sure would like a free $50. And you earn $50 too for each that signs up for a Money account. BTW remember to remind them “No ATM fees, earn 1.6% interest on your account and you can easily pay bills and transfer money from the account. You’ll get your ATM card in the mail in about 1 week.

The Invest account takes a $1000 deposit to earn the $100 welcome bonus and you get a $100 for each person that signs up there. You can set up an automatic contribution to your account as can those that you refer. It’s a great way to get started with investing with a small contribution each week. I bought the Vanguard ETF VOO which follows the S and P 500 Index.

This appears to be a Win-Win for everyone. SoFi has the backing and budget to offer these huge welcome and referral bonuses. I understand they recently bought the naming rights to the new Los Angeles Football stadium.

We can all use a little pocket money for our next trip and the referrals you earn and welcome bonus you’ll get make this a great opportunity to feather your travel budget or investment account.

Just start with the referral links provided above. It takes less than 3 minutes to set up and fund a Money account.

Source: frugal travel guy

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