Smart cash management
Get the best of digital banking that integrates with your investments.
An FDIC-insured checking account integrated directly into the M1 app
Replace your checking account and use M1 for all your money needs.
Direct deposit
Transfer money
Spend with a debit card
Get a debit card with rewards
when you upgrade to M1 Plus
1.5%
APY125x national average APY for a checking account
1%
cash back on all debit card purchases, no limits
Your smart cash management account that does it all
The best of digital banking
M1 Spend integrates directly with the rest of M1, making money movements among your investments, your portfolio line of credit, and your checking account instant and seamless.
Plus, check out how the two tiers of M1 Spend compare with other banks:
 |  | Traditional Banks Like Chase Total Checking® | |
|---|---|---|---|
| Annual fee | $0 | $125 | $144 |
| APY | 0% | 1.50%1 | 0.06%2 |
| Cash back | 0% | 1.0% | 0% |
| Debit card | Plastic | Tungsten metal | Plastic |
| ATM fees covered?3 | once per month | 4 times per month | Varies |
| Balance minimum (to avoid monthly fees) | $0 | $0 | $1,500 |
| Integration with investment account | Yes | Yes | Varies |
| FDIC insurance up to $250,000 | Yes | Yes | Yes |
Earn more when you upgrade to M1 Plus
Is the $125 you’ll pay for M1 Plus worth it? Let’s do the math…
Yearly net benefit:
For illustrative purposes only.
Your banking funds are held by Lincoln Savings Bank, Member FDIC. Deposits are insured up to $250,000.
“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., UT
"M1 makes you feel empowered and knowledgeable about where your money is going."
Brenda O., TX
“I am excited for the prospect of having all my financial tools in one place.”
