SoFi Invest: random stock award up to $1,000 for a new account
Stock worth $5 to $1,000
Open a new SoFi self-directed brokerage account, use the one-time claw grab and fund $50 within 45 days for a random stock award of $5 to $1,000 (doubled with SoFi Plus).
- Deposit
- $50 settled within 45 days
- Keep it for
- Not stated
- Bonus
- $5-$1,000; $10-$2,000 with Plus
- Who
- First SoFi brokerage account
How to get it
- Open a new SoFi Invest self-directed brokerage account and use the one-time claw grab during account opening.
- Fund the account with at least $50 of settled funds within 45 days of the grab.
- For the doubled award, have or subscribe to SoFi Plus within 45 days of the grab.
- Fractional shares are deposited within 10 business days of meeting all requirements.
What it means for churners
- Most people get $5 (or $10 with SoFi Plus). Not worth paying for SoFi Plus just for this.
Fine print
- Odds: 85.49% for $5 ($10 with SoFi Plus), 9.50% for $10 ($20), 3.32% for $25 ($50), 1.66% for $100 ($200), 0.028% for $1,000 ($2,000).
- Only your first SoFi brokerage account qualifies. Legal residents of the 50 states, D.C. or Puerto Rico, 18+.
- SoFi Plus is a paid subscription; the rules don't state its fee and refer to the SoFi Plus terms.
- The rules don't state a holding period for the shares or the deposit.
- No public end date stated. SoFi may change the dates or end the offer at any time without notice.
Source
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