The M1 High-Yield Savings Account

This is big.

Score a staggering 5.00% APY1 on your savings with an M1 Plus membership. And there’s even more to love about M1…

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M1 Plus: Get the best of M1 for just $10 a month

M1 Plus is a membership that gives you the best rates and tools that M1 has to offer, including:


APY1 so you can save stronger

Up to

cash back2 on purchases with the Owner’s Rewards Card by M1


discount* for M1 Personal Loans

Top-tier account protections to give you more peace of mind


Member of SIPC. Securities in your account protected up to $500,000. For details, please see

FDIC logo

All M1 High-Yield Savings Accounts deposits are FDIC-insured up to an aggregate total of $5 million.3 


As a technology-first company, M1 utilizes the latest in information security to keep your private information secure. 

Join hundreds of thousands
who trust us with $6 billion

Information as of June 2023

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Best for Sophisticated Investors and Low Costs
(Investopedia, 2023)


Best Investment
App for Portfolio Customization
(Insider, 2023)


One of the best robo-advisors of 2023 
(Bankrate, 2023)

One of the best Roth IRAs 
(Fortune, 2023)

Over 60,000 users left 5-star reviews4 

Build and manage your wealth, your way 

1 Obtaining stated APY (annual percentage yield) or opening a savings account does not require a minimum account balance. Stated APY is valid from date of account opening. Account fees may reduce earnings. Higher APY rate subject to paid M1 Plus subscription. Rates are subject to change. 

2 1.5% – 10% Owner’s Rewards cash back earned on eligible purchases subject to a maximum of $200 cash back per calendar month. Cash back rates of 2.5% – 10% require an active M1 Plus subscription (billed at $95 annually or at $10 monthly).

3 B2 Bank is a member FDIC institution and does not itself provide more than $250,000 of FDIC insurance per legal category of account ownership as described in FDIC regulations. Additional FDIC insurance coverage is provided through B2’s Insured Deposit Network Program involving other FDIC insured depository institutions. Deposits may be insured up to $5,000,000 through B2’s Insured Deposit Network Program. Full terms of the Program can be found at and a complete list of participating banks in the program can be found at

4 Sources: &

APR ranges from 19.99% – 29.99% based on creditworthiness of the applicant. APR will vary with the market based on the Prime Rate. There is no Annual Fee for the Owner’s Rewards Card. Rates as of June 2, 2023. 

*Lowest fixed rates available to M1 Plus members only, subject to credit history, income, term of loan, and other factors.

*M1 Plus is a paid membership that confers benefits for products and services offered by M1 Finance LLC, M1 Spend LLC and M1 Digital LLC, each a separate, affiliated, and wholly-owned operating subsidiary of M1 Holdings Inc. “M1” refers to M1 Holdings Inc., and its affiliates.

^Rates are not guaranteed and are subject to change. Not all applicants qualify for the lowest available rate.