Established in 2011, SoFi® specializes in a variety of financial products, including banking, credit cards, personal loans, student loan refinancing, insurance and, of course, investing. SoFi is also known for its generosity — frequent SoFi Invest bonuses and promotions apply, with SoFi having delivered over $12.5 billion in rewards points to its more than 10 million customers as of December 2024.(1)(2)
| The Claw – Active Investing Promotion | Open | $10–$2,000 of stock | New customers with SoFi Invest – Active Investing account with $50 funded | |
| 1% IRA Deposit Match | 05/15/2024 – Ongoing | 1% matching on new ACH deposits | New or existing IRA accounts | |
| Capitalize 1% Match IRA Rollover | 10/15/2024 – Ongoing | 1% match | New or existing IRA account with successful completion of 401(k) rollover above $20,000 | |
| ACATS 1% Match | 03/17/2025 – 04/17/2025 | 1% match | New or existing customers who successfully transfer at least $20,000 in assets via ACATS during the offer period |
SoFi Invest’s best bonus offer
For its new customers with an Active Investing brokerage account, you can benefit from a stock bonus valued between $10 and $2,000. To qualify,
sign up via the SoFi website or download the mobile app and fund your account with at least $50 to take advantage of current and future SoFi Invest promotions. Then, using the Claw – Active Investing Promotion, use the claw to pick a gift amount, which will give you stock valued anywhere between $10 and $2,000.(3)
SoFi Invest’s other promotions
There are other SoFi Invest bonuses and promotions, as well, including the 1% IRA Deposit Match promotion and the Capitalize 1% Match IRA Rollover bonus.
1% IRA Deposit Match
The 1% Deposit Match is a SoFi Invest bonus that benefits both new and existing customers. Account holders with a SoFi IRA can benefit from 1% matching on all new ACH deposits made during the promotion period up to the contribution limit. To retain the bonus, you must keep the deposits in your account for a minimum of two years.(4)
Capitalize 1% Match IRA Rollover
SoFi Invest promotions include another program with 1% matching, the Capitalize 1% Match IRA Rollover program. When you roll over your 401(k) plan into a SoFi Invest IRA, SoFi will reward you with 1% matching.
You must have a new or existing SoFi Invest IRA account and successful completion of a 401(k) rollover greater than $20,000. Assets must stay within the account for a minimum of two years. Certain types of IRAs, such as SEP IRAs, are not eligible, and ACAT transfers do not qualify.(5)
Compare more broker account bonuses
SoFi bonuses and promotions are a great choice when you just started investing or plan to open or roll over an IRA account. Its rewards are flexible, suiting both investment and retirement account holders with open-ended promotions that make its accounts extra attractive.
However, SoFi is not the only option for financial rewards — other brokers like Moomoo or Interactive Brokers may offer a better promotion to fit your needs, so it is important to compare your options before opening a new account.
| Tastytrade | Up to $5,000 | Learn more |
| Robinhood | Up to $200 gift stock | Learn more |
| Interactive Brokers | $200 per referral | Learn more |
| Moomoo | 4.10% APY Cash Sweep Base Rate and one-time 4.00% APY Booster Rate Coupon | Learn more |
Frequently asked questions
How do you get $1,000 from SoFi investing?
New customers with a SoFi Invest – Active Investing brokerage account can receive anywhere from $10 to $2,000 worth of stock when they participate in the Claw – Active Investing Promotion.
What is the downside to using SoFi?
SoFi specializes in a number of financial accounts and investments, but cryptocurrency is notably missing from its lineup. If you are looking to trade crypto, consider the best cryptocurrency exchanges.
Is SoFi better than Fidelity?
Both SoFi and Fidelity Investments are leaders in the investment space. Like SoFi, Fidelity is known for commission-free trading(6) while also offering $5 fractional shares(7) and robo-advisor services(8). Also, Fidelity includes cryptocurrency in its line-up, whereas SoFi does not.
