With the M1 High Yield Savings account, earn a competitive 5.00% APY on your money!
About M1 Finance High-Yield Savings Review
Founded in 2015, M1 Finance is an online financial services company with headquarters in Chicago, IL. The company is registered with the Securities and Exchange Commission as a broker dealer and is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.
M1 Finance offers a unique combination of automated investing with a high level of customization. This structure allows for clients clients to create a portfolio tailored to their exact specifications. It is important to note that M1 Finance is not an advisory service. The firm has grown to have more than $2 billion in assets under management and over 500,000 clients.
I’ll review M1 High Yield Savings below.
M1 High Yield Savings Rate
To earn M1’s competitive rate, simply open a new account with any balance. That’s all it takes and you’ll get to enjoy earning the rate.
- Eligible account: High Yield Savings
- Credit inquiry: Unknown
- Where it’s available: Nationwide
- Opening Deposit: None
- Monthly fee: None
- Early Termination Fee: None listed
(FDIC Insured)
How to Earn Rate
- Open a M1 High Yield Savings Account with any amount.
- Input your info – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank.
- Earn 5.00% APY.
| Balance Requirement | APY Rate |
| $0.01+ | 5.00% APY |
M1 Account Features
- FDIC-insured. Accounts are FDIC-insured up to $5 million.
- Save automatically. Contribute on a schedule so you’re always pushing toward long-term goals.
- Integrates with M1. It’s easier to see the big picture of your finances with more of your money in the same place.
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Conclusion
M1 is offering an incredible rate for their High Yield Savings account.
Plus, with the rate from M1, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
For more, see our list of the latest promotions from M1.
Lastly, let us know about your experience with this bank and comment below.
Check back often to see the latest info on M1 High Yield Savings Account.
