M1 Plus Spend Checking Interest Rate Disclosure

As an M1 Plus Member, you’ll receive 1% APY on your checking account. There is no minimum balance required to open an account. There is also no minimum balance required to obtain APY (Annual Percentage Yield). The APY is valid from account opening. Fees may reduce earnings and rates may vary.

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


M1 and M1 Plus Borrow Rate Disclosure

M1 members can access a 3.5% borrow rate and M1 Plus members can access a 2% borrow rate. The M1 borrow interest rate is based on short-term interest rates and is subject to change if and when the Federal Reserve changes their target for the Federal Funds rate. M1 rates are current as of March 2020. M1 borrow is available on margin accounts with at least $10,000 and is not available for retirement accounts.

Investing involves risk, including risk of losing the money you invest. Borrowing on margin can add to these risks, including losing more than your initial deposit. You should review M1’s Margin Account Agreement and Margin Disclosure Statement before borrowing.

Brokerage products are not FDIC insured, have no Bank Guarantee, and may lose value.

Brokerage products and services offered by M1 Finance LLC, Member FINRA/SIPC.


M1 Plus Disclosure

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.

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 technolo- gy 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 are: Not FDIC Insured • No Bank Guarantee • May Lose Value

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.

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.

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

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.

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

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