Quick Tips

Earning 20% Cash Back on DoorDash, Streaming with SoFi Money

by Kyle BurbankApr 24, 2020 2

Ever since I started taking an interest in FinTech and reviewing various apps and services, SoFi has stood out to me as one of the most interesting companies. While they were previously known mostly for their student loan refinancing (something that thankfully doesn’t apply to me), in just the past couple of years, they’ve expanded into other aspects of finance with their SoFi Money cash management account and SoFi Invest platform. Speaking of SoFi Money, recently the account rolled out a special offer for debit card customers that could prove quite lucrative during these quarantine times: 20% cashback on purchases from DoorDash and select streaming services.

As luck would have it, this past week, I placed my first official DoorDash order (by the way, it seems to be a big week for me trying delivery services as I also gave Instacart a shot). I say “first official” because, prior to this, I had placed orders directly with restaurants that partnered with DoorDash for delivery but hadn’t used the app itself. Notably, in these situations where you are ordering from the restaurant’s app or site, these transactions will not qualify for SoFi’s cashback offer.

According to SoFi, all customers will need to do to earn this cashback is make sure they use their SoFi Money debit card when checking out. Then, the credit should appear in their account within two to four days. Sure enough, mine showed up just a couple of days after my purchase.

While food delivery is great, the lockdowns that most Americans are under have also increased demand for music, television, movies, and other entertainment. That’s why, in addition to DoorDash, SoFi is also currently offering 20% back on purchases from various streaming services. These include:

• Spotify
• Netflix
• Hulu
• Disney+
• Prime Video
• HBO Now
• CBS All Access
• Pandora
• Google Play Music

For better or worse, my Disney+ subscription is already paid up for three years, I recently canceled my HBO Now, and my Netflix subscription is included with my T-Mobile service. However, I did make sure to change my Spotify billing over to my SoFi card so I can at least save a couple of extra dollars in the coming months. On that note, looking at the fine print, these deals are set to continue through June 30th, 2020 — meaning there’s still plenty of time to take advantage.

With this latest promotion, I think you can probably see why SoFi has quickly become one of my favorite companies. Not only does this offer build upon the potential shown with their similar Lyft offer last year but also lives up to the promise teased when the FinTech announced its partnership with Mastercard back in January. More importantly, these particular deals really speak to the times and could help customers feel just a small sense of normalcy. Needless to say, I’ll definitely be making use of this offer again before it expires and hope you have a chance to as well.

Author

Kyle Burbank

Founder ~ Moneyat30

Kyle is a freelance writer - including being the head writer for Fioney.com. He also serves as editorial director for the Disney fan site LaughingPlace.com and the founder of Money@30.com. In 2015, Kyle and his wife Bekah moved from Los Angeles to Springfield MO in pursuit of greater financial freedom. Together, the pair enjoy travel, coffee, and spending time with their dog Rigby. Additionally, as of 2023, they become first-time homeowners.

Other Articles by Kyle Burbank

Quick Tips

Why I'm Excited for Walmart+ Week Happening Later This Month

by Kyle BurbankApr 11, 2025

To very loosely paraphrase a famed Dos Equis ad campaign, I don't always use Walmart+, but when I do, I enjoy it. For context, my Walmart+ membership is thanks to my Amex Platinum Card, which covers the monthly cost. While I enjoy the Scan & Go feature it offers and appreciate the complimentary Paramount+ subscription,...

Travel Tips

Travel Tuesday: Delta's Newest Sky Club in Atlanta Has Arrived

by Kyle BurbankApr 8, 2025

Delta has debuted its latest Sky Club location at its hometown hub — which also happens to be the busiest airport in the world: Hartsfield-Jackson Atlanta. This week, the airline shared a first look at its new Concourse D lounge. While this is now the eighth Sky Club at ATL, there were previously nine, with...

Quick Tips

The Famed Chase Sapphire Preferred 100k Offer Has Returned

by Kyle BurbankApr 4, 2025

For credit card enthusiasts, while ongoing perks and rewards are great, it's the welcome bonuses that are really exciting. In particular, when a low or no annual fee card features an offer that crosses into six figures, people talk. On that note, one of the most often discussed deals in recent years was a 100,000-point...