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The best of digital banking

M1 Spend

An FDIC-insured checking account integrated directly into the M1 app

Now you can use M1 for all your money needs.

Icon of bank

Direct deposit

Icon of debit card

Spend with a debit card

Finally, a debit card with rewards

1.5% APY

25x national average APY
for a checking account1


Cash back on all purchases,
no limits1


Minimum account balance

1. Rewards available with M1 Plus membership (see below for details)
M1 phone application screen for spend feature

Upgrade to M1 Plus for exclusive features and rewards

Reservations are limited. Reserve your card today to get your M1 Plus Visa® debit card before anyone else.

M1 StandardM1 PlusTraditional Banks
Like Chase Total CheckingTM
Annual fee$0$125 $1002$144
APY0%1.50% APY0.06% APY3
Cash back0%1.0%0%
Debit cardPlasticTungsten metalPlastic
ATM fees covered?4once per month4 times per monthVaries
Balance minimum (to avoid monthly fees)$0$0$1,500
Integration with investment accountYesYesVaries
FDIC insurance up to $250,000YesYesYes
Early access to M1 SpendNoYes-
Included. Don't have an account? Sign upReserve now
2. Regular price for M1 Plus membership is $125 per year. M1 Plus rate is discounted to $100 for the first year. Billed annually.
3. Rate was obtained on Jan. 15, 2019 from
4. ATM fees are reimbursed for one ATM per month with M1 Standard account or four times per month with M1 Plus membership.

Earn more when you upgrade
to M1 Plus

Is the $100 you’ll pay for M1 Plus worth it? Let’s do the math…

With an account balance of: $15,000
With a monthly spend of: $1,000

You'll earn a total of...

$225.00 in interest

$120.00 in cash back

(-$100 enrollment fee)
Yearly net benefit:

Your banking funds are held by Lincoln Savings Bank, Member FDIC. Deposits are insured up to $250,000.

Be the first to receive your tungsten debit card.

Reserve your card now and get your first year of M1 Plus for just $100

Reserve Now
Check the background of M1 Finance LLC on FINRA's BrokerCheck

By using this website, you accept our Terms of Use and Privacy Policy and acknowledge receipt of all disclosures in our Disclosure Library. All agreements are available in our Agreement Library. M1 relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. M1 refers to M1 Holdings Inc., and its affiliates. M1 Holdings is a technology company offering a range of financial products and services through its wholly-owned, separate but affiliated operating subsidiaries, M1 Finance LLC and M1 Spend LLC.

Brokerage products and services offered by M1 Finance LLC, an SEC registered broker-dealer and Member FINRA / SIPC.

Brokerage products are: Not FDIC Insured • No Bank Guarantee • May Lose Value

All investing involves risk, including the risk of losing the money you invest, and past performance does not guarantee future performance. Borrowing on margin can add to these risks, and you should learn more before borrowing. Nothing in this informational site is an offer, solicitation of an offer, or advice to buy or sell any security and you are encouraged to consult your personal investment, legal, and tax advisors.

M1 Spend checking accounts furnished by Lincoln Savings Bank, Member FDIC. M1 VisaTM Debit Card is issued by Lincoln Savings Bank, Member FDIC.

No minimum balance to open account. No minimum balance to obtain APY (annual percentage yield). APY valid from account opening. Fees may reduce earnings. Rates may vary.
All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
Address: 213 W Institute Pl, Ste. 301, Chicago, IL 60610

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