Dec. 31, 2026 How to qualify: You must open a SoFi Checking and Savings account, Member FDIC, set up direct deposit, wait for the deposit to hit your account — which can take two to four weeks — and then collect your bonus. You must open a SoFi Checking and Savings account, Member FDIC, set up direct deposit, wait for the deposit to hit your account — which can take two to four weeks — and then collect your bonus.