M1 Spend: Earn Double Cash Back

M1 is offering M1 Plus members a chance to earn double cash back on their M1 Spend purchases during June and July.

M1 Plus is an annual membership that confers benefits for products and services offered by M1 Finance LLC and M1 Spend LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. “M1” refers to M1 Holdings Inc., and its affiliates. M1 Spend checking accounts furnished by Lincoln Savings Bank, Member FDIC. M1 VisaTM Debit Card is issued by Lincoln Savings Bank, Member FDIC.

Existing M1 Plus members and customers who sign up for an M1 Plus membership during the promotion period, will be eligible to earn 2% cash back (up to $20 maximum) during the promotion period. M1 Plus members typically earn 1% cash back on qualifying debit card purchases.

Additional Important Details

M1 Spend Double Cash Back Promotion Terms & Conditions:

  • Promotion period: This promotion will run from June 8, 2020 from 12:00 a.m. CST to July 31, 2020 11:59 p.m. CST.
  • Eligibility: This offer requires each of the following elements to be met
    • An active M1 Plus membership
    • An M1 Spend checking account
    • An M1 VISA™ debit card
  • How it works:
    • If you do not already have an M1 Plus membership or an M1 Spend checking account:
      • Go to the M1 Plus screen and click on “Join M1 Plus” during the promotion period. Check out the full M1 Plus Payment Terms & Conditions.
      • Submit your payment details.
      • Your membership perks will be automatically activated.
      • Go to the M1 Spend screen and click on “Begin enrollment” and follow instructions to open sign up for M1 Spend. If you are approved for an M1 Plus Spend checking account, your account will be activated immediately and you’ll see your member perks in the M1 app. If approved, you can request your debit card and start using M1 Spend.
    • M1 Plus subscription lasts one year. At the end of the annual period, M1 will automatically renew your Plus subscription unless you cancel. By signing up, you agree to renew at the standard rate of $125/year unless otherwise indicated.
    • To qualify for cash back, you must make five (5) or more qualifying debit card purchases of $0.99 or more during the promotion period.
    • Qualifying debit card purchases are when the card is swiped or the 16 digit debit card number is entered online.
      • Any transfers of funds, including those facilitated via a card transaction, are not eligible for cash back.
    • Limitations on promotional double cash back:
      • Maximum double cash back earned during the promotion period is $20
      • Qualifying purchases made after the maximum double cash back limit is reached will continue to earn 1%
      • Transactions must be posted by July 31, 2020
    • Promotional cash back will be paid out as one lump sum after the promotion period ends, and is expected by August 10, 2020.

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: 200 N LaSalle St., Ste. 800; Chicago, IL 60601

© Copyright 2020 M1 Holdings Inc.