How it works
All your money in one easy-to-manage place
We’ve built the tools to make managing your money more personal, more convenient, and less expensive.
M1 Spend
Access a powerful suite of features for free or upgrade to M1 Plus to take your finances to the next level
M1 Plus | M1 StandardFree | ||
|---|---|---|---|
| Investment accounts | Included | Included | |
| Unlimited free trades | Yes | Yes | |
| Dynamic rebalancing | Yes | Yes | |
| Fractional shares | Yes | Yes | |
| Custom portfolios | Yes | Yes | |
| Expert portfolios | Yes | Yes | |
| Investing schedules | Yes | Yes | |
| Built-in tax efficiency | Yes | Yes | |
| Daily trading windows | 2 (coming soon) | 1 | |
| Checking account | Included | Included | |
| Debit card material | Tungsten metal | Plastic | |
| Checking APY | 1.50% APY | 0% | |
| Cash back | 1% | 0% | |
| Minimum balance | None | None | |
| ATM fees covered?2 | 4 times per month | Once per month | |
| Flexible loans | Yes | Yes | |
| Minimum portfolio balance | $10,000 | $10,000 | |
| APR | 4% | 4.25% | |
| Payback schedule | Flexible | Flexible | |
| Impact on credit | None | None | |
| Reserve now for $100 | Sign up for free |
1. Regular price for M1 Plus membership is $125 per year. M1 Plus rate is discounted to $100 for enrollment period. Billed annually.
2. ATM fees are reimbursed for one ATM per month with M1 Standard account or four times per month with M1 Plus membership.
Powerful technology, best-in-class security
Insured accounts
We’re a member of SIPC, so securities in accounts are protected up to $500,000. SIPC insurance does not protect against loss in the market value of securities. Our clearing firm has also purchased supplemental insurance in the event that SIPC limits are exhausted.
M1 Spend checking accounts are FDIC-insured up to $250,000.
Military-grade encryption
All data transferred and stored within our systems is protected with 4096-bit encryption.
Two-factor authentication
We offer two-factor authentication to keep your account extra secure.
