9 in 10 SoFi members agree—setting up direct deposit is easy.²

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1 The following describes the terms that apply to participation in the SoFi Money direct deposit promotional program [“Program”] offered by SoFi Securities LLC [“SoFi”]. Eligible Participants: All new and existing SoFi Members without a prior history of Direct Deposit transactions [“Direct Deposit”] to their SoFi Money account are eligible for the Program. Enrollment period: Enrollment in the Program will be available from 3/1/21 12:01AM ET to 04/30/21 11:59PM ET. New SoFi Money members who open their account within the enrollment period are automatically enrolled in the Program with the account open date acting as the effective enrollment date. Existing members without a prior history of Direct Deposit transactions [“Direct Deposit”] are automatically enrolled in the Program at the start of the enrollment period. Bonus Terms: In order to qualify for the bonus, an enrolled member must have $1,000 or more in total qualifying Direct Deposit transactions within a 30-day period. Members have 60 days after enrollment in order to qualify for the bonus. SoFi will credit members who meet the qualification criteria stated above with a one-time cash bonus of $100 deposited into their SoFi Money account within two weeks of qualification. SoFi reserves the right to exclude any Members from participating in the Program for any reason, including suspected fraud, misuse, or if suspicious activities are observed. Deposits that are not from an employer [such as check deposits; P2P transfers such as from PayPal or Venmo, etc.; merchant transactions such as from PayPal, Stripe, Square, etc.; and bank ACH transfers not from employers] do not qualify for this promotion. Qualifying Direct Deposits must be made from the enrolled member’s employer, payroll, or benefits provider via ACH deposit. SoFi also reserves the right to stop or make changes to the Program at any time.

2 Based on 2020 user research

3 Vs. Bonuses are considered miscellaneous income, and may be reportable to the IRS on Form 1099-MISC [or Form 1042-S, if applicable]. traditional transaction accounts. 6x is based on the national average of 0.04% from the weekly rate cap as of 11/3/2020.

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