M1 basically allows me to be my own bank. That’s super powerful for when I want to flex how I use my money.
– Ryan C.
A CHECKING ACCOUNT DESIGNED FOR YOU
With M1 Spend, you can integrate your investments, your portfolio line of credit, and your checking account. Check out how M1 Spend, with or without M1 Plus, compares with big banks.
Big banks
(like Chase Total Checking®)
CASH BACK
CASH BACK
0%
1%
Big banks
(like Chase Total Checking®)
0%
APY
APY
0%
1%
Big banks
(like Chase Total Checking®)
0%
Balance minimum
Balance minimum
$0
$0
Big banks
(like Chase Total Checking®)
$1,500 OR deposit $500/month OR have average of $5,000 in a combination of Chase accounts (to avoid annual fee)
ATM fees
ATM fees
1 reimbursement/month
4 reimbursements/month
Big banks
(like Chase Total Checking®)
Fees for non-Chase ATMs apply
International fees
International fees
0.8 – 1%
All reimbursed
Big banks
(like Chase Total Checking®)
3%
FDIC insurance up to $250,000
FDIC insurance up to $250,000
Yes
Yes
Big banks
(like Chase Total Checking®)
Yes
Annual fee
Annual fee
$0
$125/year
Big banks
(like Chase Total Checking®)
$0-$144
Send Checks
Send Checks
No
Yes
Big banks
(like Chase Total Checking®)
Yes
Early Direct Deposit
Early Direct Deposit
Yes
Yes
Big banks
(like Chase Total Checking®)
No
M1 rates are current as of March, 2021. Competitor information obtained March 22, 2021 from Chase website.
YOUR MONEY HARD AT WORK
Adding M1 Spend to your toolkit helps you get the most out of your money—while keeping things simple. Pay with debit, credit, or both.
PAY WITH DEBIT
THE M1 SPEND VISA® DEBIT CARD
The best of digital banking. Better with M1 Plus.
TRANSFER MONEY AND DIRECT DEPOSIT
Consolidate your accounts and use M1 for all your money needs: move money between Invest, Borrow, and Spend easily.
GET YOUR PAYCHECK EARLY
You can get your paycheck up to two days early with direct deposit, giving you more time with your money.
SPEND WITH A DEBIT CARD
Use your M1 Spend Visa® debit card anywhere Visa® is accepted. Choose from five sleek designs with M1 Plus.
GET 1% CASH BACK AND 1% APY M1 Plus
Earn 1% cash back 
when you spend and 1% APY when you don’t as an M1 Plus member.
SEND CHECKS TO ANYONE M1 Plus
Send physical checks without ever touching a pen. Fill in the details and we’ll mail a paper check.
PAY WITH CREDIT
THE OWNER’S REWARDS CARD BY M1
Exclusive to M1 Plus.
UNIQUE REWARDS FOR INVESTORS
Earn 10%, 5%, or 2.5% cash back when you shop with certain brands you invest in. Get 1.5% on everything else.
MORE OF YOUR MONEY IN ONE PLACE
With a credit card in the mix, the connections between your M1 accounts grow stronger, and you get a broader view of your full financial picture.
TOTAL PEACE OF MIND
Get Visa Signature® benefits including Visa Zero Liability®. Manage and freeze your card from your M1 account anytime.
I’m excited about having all my financial tools in one place. M1 is shaping up to be bigger than the sum of its parts.
– Alexander K.
All testimonials may not be representative of the experience of other customers. Not a guarantee of future performance or success.
M1 PLUS:
ADD MORE TO YOUR M1
Exclusive features and rewards that help you earn more, access more and receive more perks and discounts.
Your first year is free (a $125 value). There’s no catch, and it only takes a moment to sign up.
2% LOANS THROUGH M1 BORROW
Get our lowest rate for M1 Borrow.
SMART TRANSFERS
Set up automated ‘if, then’ rules and optimize your money across M1.
CUSTODIAL ACCOUNTS
Start building long-term wealth for the children in your life.
TWO TRADE WINDOWS
Invest in the morning or the afternoon, or both when you have more than $25,000 equity in your portfolio.
1% APY CHECKING
Earn 33x the national average APY for a checking account. That means you’ll earn more in 2 weeks than you would in an entire year with a big bank.
1% CASH BACK
Earn 1% cash back on qualifying debit card purchases.
SEND CHECKS
Send physical checks without ever touching a pen.
NEW: CREDIT CARD REWARDS
Apply for a chance to earn 1.5%-10% cash back in credit card rewards.
YOUR SPEND QUESTIONS, ANSWERED
There are no fees for minimum balances or ATM transaction fees. (The ATM itself will likely charge you a fee, but M1 Plus members will be reimbursed for fees charged by ATMs, up to four a month.) There are fees charged for using your debit card abroad, which you can find here.
Glad you ask. Get the big picture here.
TOTAL CONTROL, TOTAL AUTOMATION
For your wealth today and tomorrow.
