page title icon Sofi Affiliate Program Plus 10 Ways To Make Money

The Sofi affiliate program is one of the most lucrative. It is also one of the most straightforward. It works using the referral model.

So it simply entails getting people to sign up for the various personal finance products offered by Sofi. These include personal loans, student loan refinancing, and the Sofi credit card.

For instance, if you refer someone and he proceeds to apply for the loan, you earn a commission (otherwise referred to as a bonus).

Similarly, if you invite a friend, and he proceeds to sign up for the credit card or the investment program, you earn a commission. 

What is the Sofi affiliate program?

This affiliate program revolves around personal finance.  You get folks to sign up for the unique finance products offered by Sofi, and you earn your commission.

It could be a matter of getting them to sign up for the student loan refinancing program. Or it could be about getting them to sign up for the investment program.

At another level, it could be about getting folks to sign up for the credit cards offered by Sofi. Or it could be about getting them to sign up for the personal loans provided by the company.

But, of course, you earn your commission once someone signs up and proceeds to use the product. 

How to join the Sofi affiliate program?

What you need to do is visit the referral program page on the Sofi website. Then, click here to join the Sofi affiliate program.

Once you get there, scroll down until you find the ‘Invite Friends’ button and click on it. Then download the app on the page. Next, use the app to get affiliate links.

Then get individuals to sign up for Sofi products using these links to earn your commission.

How does the Sofi affiliate program work?

This affiliate program works using the referral model. So you refer/introduce individuals to Sofi’s products. If they sign up and start using the services, you earn a one-time commission. 

Getting people to sign up shouldn’t be too hard, given its attractive rates offer most of its products.

It helps too that things like student loan refinancing, investment, credit cards, and personal loans are things that many individuals have a genuine need for.

For example, it doesn’t take too much effort to persuade someone who needs to refinance his student loan.

Neither does it take too much effort to persuade someone who needs a credit card or a personal loan to sign up for one.

All you need to do is come up with content that is targeted towards these groups of individuals. Then include your affiliate links in the content to earn your commission.

How much does it cost to use Sofi affiliate program?

This affiliate program is available for free. All you need to have is a smartphone on which to install the Sofi app.

Then use the app/the affiliate links from the app to make referrals and earn your commission.

Sofi affiliate program commission structure

According to the Sofi website, you can earn up to $10,000 for referring friends to the Sofi website.

However, the amount you can earn will vary based on which credit program your friend enrolls in. For example, if you refer someone to a personal or student loan, you can earn up to $310.

In addition, the affiliate window also varies by product. For example, some products offered by Sofi include a 14-day cookie window, while others feature a 120-day cookie window.

10 ways to make money with the Sofi affiliate program

1. Social media

Here, we are looking at the likes of Facebook, Twitter, and LinkedIn. All you need to do is create posts showing the usefulness of Sofi products.

Then include your affiliate links therein. If your posts are persuasive enough, some of the individuals who come across them will be inclined to click on these links.

This would lead them to the Sofi website. Once there, they could apply for the loans, sign up for a credit card or join the investment program.

You would then get to earn your commission. The most important thing here is to come up with social media posts that are persuasive. It helps, too, if you cultivate a solid social media following. 

2. Start a blog 

The first step here is to create a targeted website for folks who have problems handling student loans.

Or people who are looking for credit cards that offer cashback deals. Or people who are looking for easy-to-get personal loans…

Click here to start your first website.

Then you demonstrate why Sofi products are ideal and include your affiliate links. Some of your website’s visitors would naturally click on the affiliate links and proceed to sign up for the stuff offered by Sofi.

That is how you would get to earn your referral bonus/commission.

3.  One-on-one interactions 

This is a matter of talking to the various people you interact with about the different Sofi products.

The people in question here could be your colleagues at work, your neighbors, friends, or relatives.

Thankfully, personal finance issues tend to come up in the day to day conversations naturally.

When they do come up, all you need to do is find a way of steering the conversation towards Sofi services. 

Then you help those who show interest to sign up using your referral links. Thereafter, you get to earn your commission. 

4.  Online articles

Numerous websites allow you to submit articles on personal finance topics. All you need to do is come up with brilliant articles.

Then find ways of endorsing Sofi services in them. Include your referral links. Some readers will click on the link and sign up for the various products, thus earning you your commission.

5.  Create a YouTube channel

YouTube channels offer you a chance to reach a vast population segment that prefers to consume content by watching rather than reading.

So what you need to come up with are genuinely educative/informative videos on various personal finance topics.

Then include your affiliate links in the description of your videos. The chances are that a decent percentage of the folks who watch the videos would be inclined to click on the links.

And should they sign up for any of the products, you would earn your commission.  

6. Seminars

These could be the traditional in-person seminars. Or they could be webinars. The most important thing is to organize workshops on various personal finance topics.

Then in the course of the seminars, you introduce the attendees to the various Sofi products. Clearly show them how they can be of use to them.

Then help those who show real interest to sign up using your affiliate links to earn your commission.

The most important thing here is to ensure that you offer beneficial information (of a general nature) in the seminar.

The seminar must not come across as something organized for the sole purpose of getting people to sign up for the products you are marketing.

Instead, it should be a genuine seminar, a truly educative one. But in the course of it, you need to make a strong pitch for what you are marketing.

7.  Create an app

The first thing you can do here is to create an app targeted at people seeking help for various personal finance issues.

You can even offer the app for free. Within it, include your affiliate links. If you do it right, some of the app users – in fact, the majority of the users – will inevitably click on the affiliate links.

And if they go-ahead to sign up for the various products, you would have earned your commission.

So again, the most important thing is to ensure that your app doesn’t come across as something created solely with the intention of marketing.

Instead, it has to be a genuinely helpful app with resources needed by folks facing personal finance challenges.

But the pitch for what you are marketing also has to be vital to get people to click on these links.

8. Through online courses

If you opt for this approach, you must create an online course targeted at individuals who need personal finance info.

Then get people to sign up for the course. Offer beneficial information. At an appropriate point, introduce the people undergoing the course to the Sofi products you are marketing and persuade them to sign up using your affiliate links.

This is how you would end up earning your commission.

There are three challenges that you have to deal with here. The first challenge is creating good enough online course content to be worth those undergoing it.

Remember, if you don’t offer them valuable content, they won’t trust you enough to, later on, sign up for the products you are marketing.

The second challenge is that of getting individuals to sign up for the course. Again, you may have to advertise it or otherwise market it aggressively to get a good enough number of people to sign up for it.

The third challenge is that of coming up with a solid pitch for the products you are marketing. You also have to identify an appropriate point (in the online program) to introduce the rise.

If you start pitching for what you are marketing too early, the individuals who had signed up for the course may discover that it is simply a marketing arrangement and lose interest in it.

On the other hand, it may not have the desired impact (actually getting people to sign up for the Sofi products you are marketing). So you have to ensure that you get it right.

9.  Email marketing

The first step here is to come up with a mailing list. Then come up with emails inviting people to sign up for Sofi products and include your affiliate links.

If some of your email recipients click on the affiliate links and proceed to sign up for the various products, you would have earned your commission.

The most important thing here is to ensure that your emails don’t come across as spam.

The information in them should be beneficial – it shouldn’t be an obvious marketing trope. The whole thing will work even better if the folks to whom the emails are dispatched happen to be individuals with whom you have personal connections.

Those would include friends, relatives, current and former colleagues at work. This is better than sending emails to total strangers who may have challenges trusting you – especially in this sensitive area of personal finance. 

10.  Financial coaching program

What you need to do in this case is come up with a coaching program revolving around personal finance issues.

Then, at some point in the coaching program, introduce Sofi products and demonstrate clearly how they can be helpful.

If your pitch is good enough, some individuals going through the coaching program will show interest in the products.

You would then need to help them sign up using your affiliate links and earn your commission.

The most important thing here is to ensure that the financial coaching program genuinely addresses the needs of those who go through it.

Don’t let it come across as a marketing scheme. Instead, provide the folks who go through it with the information they really need.

Let the marketing take a small portion of the coaching program. But when you get to it, ensure that your pitch is good enough to get people to sign up for marketing. 

Conclusion

The Sofi affiliate program is definitely one of the best. It revolves around personal finance products that many people really need. It is simply not one of those affiliate marketing programs that try to get people to buy useless knick-knacks.

Sofi’s products — things like student loan consolidation, personal loans, the investment program, and the credit card — are in great demand.

So in this program, you would be selling people something they already need.

Thus earning money through this affiliate program is relatively easy, and it can be pretty lucrative if you do it well.