Offers
Direct link to the offer | conditions
- SoFi Invest is offering a 2% transfer bonus to new or existing users who transfer assets to their brokerage or IRA.
- The bonus is up to $100,000 ($5 million transfer).
- Funds must be held for 5 years.
Fine Press
- Offer period is from May 7, 2026 – May 28, 2026
- This offer cannot be combined with any other offer
- SoFi will match 2% of a customer’s asset transfers (ACAT), subject to a maximum match of $100,000 (equivalent to 2% up to $5,000,000 in ACAT transfers), to their existing or newly opened SoFi Self-Directed Retirement (IRA) or SoFi Self-Directed Account during the Taxable Period.
- Matches will be paid in cash within 5 business days of the date the funds are cleared to your SoFi self-directed account.
- The match is available to customers who have an existing or newly opened SoFi Self-Directed Account (Traditional IRA or Roth IRA) or SoFi Self-Directed Taxable Account in good standing during the offer period through SoFi Securities LLC.
- Only asset transfers through ACAT are eligible.
- Transferred assets must be redeemed before the end of the Offer Period to be eligible for the match.
- Qualifying deposits must remain in the SoFi self-directed account that won the match for five (5) years to retain the full match amount. If a member makes a withdrawal prior to the end of the five (5) year Holding Period, they will be subject to an early withdrawal fee and SoFi will deduct a proportionate match amount from the member’s account. The pro rata amount is based on the breach of holding value, not the holding period. To avoid this fee, the member’s total account capital (“total capital”) must remain at the total initial pre-promotion capital in the account, plus the qualifying deposit and match amount. If a withdrawal causes the total capital to fall below this combined amount, the charge will apply. The fee will also apply if the member initiates a withdrawal and the total capital is reduced, for any reason including investment losses. Distributions required by law (eg, required minimum distributions to an IRA) may also trigger the fee. However, the charge will not apply if the member’s total capital has increased by an amount greater than the withdrawal amount, either from investment gains or from additional deposits.
- Matches will be paid in cash to the account to which the ACAT has been transferred within 5 working days from the settlement date. The 2% match is calculated based on the total assets transferred (via ACAT). The SoFi customer’s self-directed account must be in good standing to receive payment. Example: If you complete a $20,000 ACAT in a SoFi Self-Directed Traditional IRA during the offer period, you’ll match 2%, which equals $400.
- The match is treated as taxable income and will receive a 1099 form
Our verdict
This is an interesting offer for new or existing SoFi Invest users; The 5-year lock-in is the big caveat. Still might be interesting for someone who likes SoFi and/or who doesn’t like jumping around brokerages. (Last year SoFi offered a 1% bonus.but with a much shorter retention time.)
If you are new to SoFi Invest, it would make sense sign up first with this Rakuten $100 deal. We will add this to the our list of the best brokerage bonuses.
Hat tip to reader Michael B
