Are you the one who finds investing troublesome, and wants to earn free money through investment? Then we bring you our favorite investment manager M1 Finance with its best referral and Sign Up offers.
M1 Finance Sign Up Bonus lets you earn up to $500, and its generous referral and transfer program allows you to make $10 – $50 + 5.00% APY.
M1 Finance manages over $6 billion in client assets management and the company has more than 500,000 users utilizing the company’s financial management products.
What is M1 Finance?
Founded in 2015, M1 is a financial services company that offers an investment platform with brokerage accounts, checking accounts, and credits line.
The E-trading Platform allows trades of financial assets which includes common stocks, fractional-share ownership, exchange-traded funds, and preferred stocks.
M1 finance revolves around Micro investing practices in financial assets, mutual funds, ETFs (exchange-traded funds), and other investment methods.
More about the company in a nutshell,
- Type: Private Company
- Industry: Fintech
- Founded: 20th April 2015
- Products: Borrow, Invest, Spend
- Services: Stock brokerage, commercial banking, money management, electronic trading platform.
M1 Promotion Promotion Offers:
- M1 finance promo code – Three months FREE Trial
- M1 Finance $500 bonus – New investment accounts
- M1 $100 Referral Bonus – On referring a friend
- M1 ACAT Bonus – Earn up to $15,000
- M1 Finance Owners Card – 10% Cash Back rewards
M1 Finance Sign Up Bonus: Up To $500 Bonus
M1 Finance is now offering a welcoming bonus of $75 to $500 to its new users. Sign Up for your account today and avail the bonus.
How To Get a M1 $500 Sign-Up Bonus:
By following the simple steps you can sign up to your M1 Finance Sign Up Bonus account easily.
- Submit the application.
- After receiving an email within one or two business days for confirmation you are good to go.
- They will ask you to submit your documents and take up to five business days to review them and open your account.
Bonus Tiers:
| Account Transfer | Bonus Offer |
| transfer an account of $10,000 – $29,999 | $75 bonus |
| transfer an account of $30,000 – $49,999 | $150 bonus |
| transfer an account of $50,000 – $99,999 | $250 bonus |
| transfer an account of $100,00+ | $500 bonus |
M1 Referral Bonuses: Up To $10-$50 Bonus
M1 Finance offers generous deals to its account holders on referring to a friend or family. You can earn a $10 or up to $50 M1 Referral Bonus via refer a friend option.
Each user gets a different bonus according to their account details and invoice.
How To Get a M1 Finance $100 Referral Bonus
- Open a new M1 Spend account and go to your account page.
- Deposit $2,500 after opening an account.
- Maintain your balance and click on ‘Refer a Friend’, make sure your friend is not a M1 user.
- If your friend is approved and funds more than $100, you get FREE plus membership.
- Redeem your bonus and get a $100 referral bonus. (the bonus amount varies from time to time)
M1 Account Transfer Bonus: Up to $10,000
M1 Fiance offers this extremely generous offer of transferring your brokerage account with at least a $50,000 amount within 30 days of signing up to an M1 account to earn a bonus of up to $10,000 depending on the amount your account has.
- M1 Account Transfer Bonus Tiers:
| Account Transfer | Bonus Offer |
| transfer an account of $50,000 – $249,999 | $250 bonus |
| transfer an account of $250,000 – $499,999 | $1,000 bonus |
| transfer an account of $500,000 – $999,999 | $2,000 bonus |
| transfer an account of $1,000,000 – $1,999,999 | $4,000 bonus |
| transfer an account of $2,000,000+ | $10,000 bonus |
How To Get an M1 Transfer Bonus
New M1 users who have recently signed up to an M1 account when transferring their brokerage account to M1 within thirty -30 days of signing up get a bonus of $250,$1000, $2000, $4000, or $10,000. Here are the steps to get your account transferred:
- Take a copy of your account statement from the dealer.
- Make sure you open the new account with the same type as your brokerage account. For example, if you are transferring a joint brokerage account, you will need to open a joint account to support smooth transfer.
- Submit transfer requests within 30 days to M1 new user requests.
- Earn your promotion credit after getting your account approved.
Also Read: GET PAID EARLY,
M1 Finance Fees:
M1 Finance is a commission-free platform. It M1 does not charge for standard platform use, but check their pricing page for additional services they offer with charges.
M1 plus can be held by new customers for FREE for three months trial period.
| Basic M1 Acocunt | M1 Plus Account |
| Investment: FREE | Investment: FREE |
| Borrow: low rates (minimum $2000 investment requires to access line) | Borrow: (lower interest rate than basic for Plus users) |
| Spend: Free debit card or checking out but no cash back offers. | Spend: 10% cash back on a few merchants using an M1 Spend Visa debit card. |
M1 Plus Fee– $95 per year (after 3 months free tier)
How to Sign up for M1 Plus Promotion
- Land on to M1 Plus Screen
- Tap Join M1 Plus – in the first 7 days after being an M1 customer.
- On only Submitting the payment details and you can start your three-month free trial of M1 Plus membership.
- Only new members can have the free trial of M1 Plus.
M1 Crypto: Earn 3.30% APY M1 Plus Spend Checking + 10% Cash Back
Sign Up to M1 Plus Account to earn 3.30% APY + 1% Cash Back. Plus account provides you low-interest rate on M1 Borrow and up to 10% cash back on Visa debit cards including selected merchants.
Follow the steps to sign up for a Plus Account.
- Go to the M1 Plus Screen
- Click Join M1 Plus – during your first 7 days as an M1 customer.
- After submitting your payment details get the free trial of 3 months with a Plus account.
- Only members can have the free trial.
- Get your paycheck up to 2 days early.
M1 High Yield Savings Account
- M1 Plus Members can earn 5.00% APY with the M1 High Yield Savings Account
- FDIC-insured: FDIC-insured Accounts with up to $5 million funds.
- Save More: Push toward long-term goals and make a schedule to save more.
- All at M1: see the big picture on all your in-balance amounts in your M1 Account.
Conclusion
M1 Finance provides no trading fees and free rebalancing on each of your investments. You can create your own portfolio with M1 FIANCE PIES. M1 also offers to check out and borrow features with a low margin rate.
FAQ
What is the M1 account opening bonus?
M1 Invest can make you up to $500 bonus. You can open a new M1 Finance account online anywhere in the country, and you can receive a $500 welcome M1 Finance Sign Up Bonus when you make your first investment deposit. This is a tiered bonus, the more you deposit, the more you can earn.
Does M1 have a referral bonus?
Get 6 free months of M1 Plus, a $100 investing bonus, or both through M1 Fiance when you refer a friend. For this, You should have an active M1 account to make a referral and your friend must not be a member of M1.
Is M1 Finance risky?
The company is a registered broker/dealer with FINRA and a member of the SIPC and is completely safe. SIPC insurance covers up to $500,000 in investments and FDIC insurance covers up to $250,000 in cash in M1 Spend accounts.
Can a non US citizen open an account with M1 Finance?
M1 accounts can only be opened by US citizens and permanent residents with green cards and a US residential address and phone number along with age greater than 18. Learn more about opening an account outside of the US.
Is M1 trading free?
M1 does offer no fees for account management or trading, while tax loss harvesting is not available in the free tier. The platform does not offer human advisors and financial planning. There is also limited access to financial tools, calculators, and goal planning.
