Terms and Conditions
The Promotion
Effective January 1, 2021 (the “Effective Date”), if you have never funded an M1 invest account and meet the eligibility requirements described below, then you will be eligible to receive a one-time cash reward of $30 into the cash balance of your M1 invest account. As further described below, you will be eligible for this Promotion when you make a first-time, single deposit of at least $1,000 post to your M1 invest account between January 1, 2021 at 12:00 a.m. ET and February 28, 2021 at 11:59 p.m. ET. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
Eligibility
To be eligible for this Promotion, you must (1) have never funded an M1 account; (2) have successfully opened an M1 investment account; (3) have not used a referral link to open an M1 account; AND (4) have made a first-time single deposit of at least $1,000 post electronically to an M1 taxable investment account between January 1, 2021 at 12:00 a.m. ET and February 28, 2021 at 11:59 p.m. ET. If you satisfy the conditions stated in the previous sentence, M1 will make a one-time deposit of thirty dollars ($30.00) into the cash balance of your M1 taxable investment account in accordance with these Promotion Terms.
You are only eligible to receive one cash reward under this Promotion. The cash reward will be deposited into your M1 investment account within three to five (3-5) business days from the date you satisfy the conditions stated herein. The cash reward deposited by M1 is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. The cash reward must remain in your M1 investment account for sixty (60) days from the date the cash reward is deposited into your M1 investment account and for the entirety of the 60-day period, which shall be determined by M1 in its sole discretion.
The first-time, single deposit of $1,000 must be in cash into an investment account and not part of any Automated Customer Account Transfers Service (ACATS). Additionally, a deposit into an M1 retirement account is not eligible for this promotion.
This Promotion is independent from the multiple, varying other M1 promotions available during January 1, 2021 through February 28, 2021, including but not limited to any of the following promotions:
If you have already received thirty dollars ($30) pursuant to the terms of the M1 $30 for $30 Referral Promotion, you are expressly ineligible for this Promotion and you will not receive any cash rewards pursuant to these Promotion Terms. M1 reserves the right to revoke the thirty ($30) cash deposit if it is not retained in your M1 investment account for sixty (60) days from the date the cash reward is deposited.
Other Information
This promotion is not valid with any other offers and is non-transferrable. Offer available to legal U.S. Residents. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. The value of a cash reward may be taxable income to you. You are responsible for any federal or state taxes resulting from receipt of such reward and should consult your tax advisor if you have questions about the tax treatment of such reward.