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SoFi

Highly recommended

Banks & cards · 4.7 / 5 · 18+ · USA

Free $10 for turning on credit-score monitoring. Instant to Apple/Google Pay.

SoFi is a real bank with a free plan. The easy money: sign up with the invite link, turn on free credit-score monitoring. It does not hurt your credit. 1,000 points = $10, withdrawable instantly through Apple Pay or Google Pay if you connect one. Referring friends who also activate monitoring pays you $10 each (existing SoFi members don’t count). You must keep monitoring on to refer.

Open official signup
Signup bonus
$10 (1,000 pts) when you turn on free credit monitoring
If you refer later
$10 per friend who activates monitoring, up to $10,000
Cashout
Rewards points → Apple Pay / Google Pay · $10, withdraw via Apple Pay or Google Pay
Speed
You: instant after monitoring is on. Referrer: within 7 days
Best for
Beginners who want a free bank and a no-brainer $10
First-month range
$10–$10 if you actually use it

How to do this

  1. 01Open SoFi with the invite link (required for the referral to track).
  2. 02Turn on free credit score monitoring in the app.
  3. 03Connect Apple Pay or Google Pay and withdraw the $10.
  4. 04Share your own link later — $10 per new friend, up to $10,000.

Worth it because

  • + Genuinely free, beginner-friendly bank
  • + $10 for a toggle that doesn’t hurt credit
  • + Instant cashout via Apple/Google Pay
  • + Unlimited referrals with a high cap

The catches

  • − Referral does not apply to existing SoFi members
  • − Referrer waits up to 7 days
  • − You need the monitoring feature active to keep referring

Offer does not apply when referring existing SoFi members. Points typically post within 7 days of the friend activating monitoring. See SoFi’s official rules. SmartMoney is an affiliate site — we may earn when you use these links. Read the company’s current terms before you apply.

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