In May of 2018 SoFi announced they would be launching a new checking/savings product called ‘SoFi Money‘. Users could sign up for the waiting list for this product and were offered a $200 bonus when they were eventually able to set up an account and direct deposit.
Yesterday a number of readers received an e-mail inviting them to join SoFi money, but there was no mention of the $200 sign up bonus. They have bump up the interest rate offered from 1.09% to 2.25% but most people joined the waiting list based on the $200 sign up bonus promise. SoFi even said ‘We know it sounds too good to be true. We promise it isn’t’. Either they forgot to tell people they will actually get a $200 bonus, or it was too good to be true and they misled customers.
Personally I have no times for companies that don’t stand by their word, if they will change their mind about this then what else will change with no notice?
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