SoFi Money Now Offering 20% Cash Back on Streaming Services and DoorDash Purchases

We’ve written a number of posts on SoFi and its SoFi Money program over the past few months. If you’re not familiar with SoFi, click the link above to read our introductory post.

In past promotions, when using the SoFi Money debit card to pay, you’ve been able to save on Lyft rides, and for targeted SoFi Money customers, Netflix subscriptions.

Now SoFi is back with savings offers for all SoFi Money customers in the form of 20% cash back when you use the SoFi Money debit card to pay for the following services.

• Streaming services: Netflix, Amazon Prime Video, Disney+, Hulu, HBO Now, CBS All Access, Spotify, Pandora Music, and Google Play Music.
• DoorDash orders.

This 20% cash back promotion will run for the next three months – 3/23/2020 – 6/30/2020 to be specific.

The 20% cash back will be paid as a credit to your SoFi Money account equal to 20% of the transaction charges to your SoFi Money debit card.

Want to Join SoFi Money?

If SoFi Money and these money-saving offers are of interest to you, the account referral link below can provide an added $75 when certain new account actions are taken.

Specifically, set up direct deposit on your SoFi Money account and make two deposits of $500 or more within 60 days of opening your account.

Once the direct deposit requirement are met, $75 will be deposited into your SoFi Money account.

If you don’t want to bother with direct deposits, you can still open a SoFi Money account to take advantage of its benefits, including the savings deals covered above.

Below is my referral link for SoFi Money accounts.

SOFI MONEY ACCOUNT REFERRAL LINK

If you want more information on SoFi, we’ve published a few posts on SoFi Money, its associated benefits and changes to the program that may be of interest.

Wrap Up

SoFi Money is a cash management program that may be beneficial for those looking for an alternative to traditional financial institutions.

SoFi Money isn’t as lucrative as it used to be as a result of the Federal Reserve Bank’s lowering of interest rates which resulted in SoFi’s interest payments on deposited moneys dropping from 1.60% to 0.10%.

But, the program does still offer benefits – such as the money-savings opportunities associated with streaming services and the food delivery service DoorDash – that make it worthy of consideration.