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.
Direct deposit
Spend with a debit card
Finally, a debit card with rewards
1.5% APY
25x national average APY
for a checking account1
1%
Cash back on all purchases,
no limits1
$0
Minimum account balance
1. Rewards available with M1 Plus membership (see below for details)
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 Standard | M1 Plus | Traditional Banks Like Chase Total CheckingTM | |
|---|---|---|---|
| Annual fee | $0 | $144 | |
| APY | 0% | 1.50% APY | 0.06% APY3 |
| Cash back | 0% | 1.0% | 0% |
| Debit card | Plastic | Tungsten metal | Plastic |
| ATM fees covered?4 | 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 |
| Early access to M1 Spend | No | Yes | - |
| Included. Don't have an account? Sign up | Reserve 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 www.fdic.gov/regulations/resources/rates/
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:
$245.00
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
