Getting started
1. Sign up below
Fill out the short form below and we’ll email you your custom SoFi sign-up link to use for sign-up.
2. OPEN YOUR SOFI ACCOUNT
Use the link we email you to open your SoFi® Checking and Savings account with your .edu email.
3. GET PAID
Once your account is confirmed, you'll receive a link to claim $20 within 24 hours.
faq's
- Q: Is this legit? Why is SoFi doing this? It feels too good to be true.
A: Yes, it’s legit. SoFi is a publicly traded financial company with millions of members. They are the Official Banking Partner of the NBA and have sponsorship deals with pro athletes like Josh Allen, Cameron Brink, and more. Like most banks and fintech apps, they spend heavily on marketing to acquire new customers. Instead of paying for billboards or ads, they’re choosing to pay college students directly to open an account and try SoFi for themselves.
- Q: What’s the catch? Is this going to cost me money?
A: There’s no catch. You open a new SoFi Checking & Savings account and get paid $20. No deposit is required, and there is no minimum balance required. You are also not required to keep using SoFi after completing the deal.
- Q: When do I get paid, and how does payout work?
A: Once your account is opened and successfully tracked, your $20 payout is sent within 24 hours. You can choose how you want to receive it, including options like Venmo, PayPal, Cash App, prepaid Visa card, or gift cards to brands like Apple, Nike, and Walmart.
- Q: Why do I need to enter my SSN?
A: Because you are opening a real financial account. Just like other banks and financial apps, SoFi uses your information to verify your identity and comply with banking regulations. This is a normal part of opening a bank account.
- Q: So will this hurt my credit?
A: No. Opening a SoFi Checking & Savings account through this deal does not require a hard credit pull, so it would not affect your credit score.
1. refer friends. earn more.
Once you complete your own signup, you’ll unlock your custom referral link. Share it with friends, teammates, roommates, or anyone else who wants the same deal.
2. Earn $20 per referral + crazy prizes
You’ll earn $20 for every successful referral. Then, on April 30th, we’ll look at your total number of successful referrals. Based on the level you reach, you can choose one of the four prizes shown, or a gift card to a brand of your choice of equal value.
3. Already have SoFi but want in?
Email jason@marketpryce.com or text "Referral Code" to Jason at (516) 636-2608 with your full name (first and last). We’ll get you set up so you can start referring friends, getting paid and earning rewards.
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Disclosure
- New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 12/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.30% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.30% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 12/23/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.