Online brokerage offers the first credit card allowing card holders to earn up to 10% cash back when spending at select companies in their portfolio.

CHICAGO, July 28 – Today M1 Finance, the Finance Super App offering automated investing, borrowing, and banking products, launched the Owner’s Rewards Card by M1.

Keeping with M1’s vision for a single integrated money management tool, the Owner’s Rewards Card by M1 brings all elements of a card holder’s finances together in one place, while helping those card holders grow and maximize their wealth with everyday transactions.

The Owner’s Rewards Card by M1 gives M1 Plus clients even greater control and simplicity when it comes to their financial well-being, with the following benefits:

  • Owner’s Rewards: The Owner’s Rewards Card by M1 is the first ever credit card where M1 Plus clients can earn up to 10% cash back when they shop at select companies whose stock they own. Some of the best-known companies in the world are eligible, including Amazon, Netflix, Starbucks, Spotify, Nike, Target, AMC, Tesla, Delta, and DoorDash. Additionally, card holders receive 1.5% cash back on all other purchases.
  • Convenience: Card holders’ cash back can be automatically invested into their portfolio, allowing them to maximize rewards and grow their wealth with everyday transactions. They can also automatically pay their balance from their M1 Spend checking account, allowing for a seamless, connected experience across the M1 platform.

“We started M1 as a free investment platform, but our vision from day one was to give clients a single, integrated platform for all of their financial needs,” said Brian Barnes, founder and CEO of M1 Finance. “With the launch of the Owner’s Rewards Card by M1, we’re further connecting that whole system, from M1 Invest to M1 Borrow to M1 Spend, and empowering people to make the decisions to put them on the path to financial wellness.”

The credit card launch comes on the heels of a period of intense growth and innovation at M1. Just two weeks ago, M1 raised a $150 million Series E at a $1.45 billion valuation, making it fintech’s latest unicorn. In addition, M1 is quickly approaching $5 billion in client assets on the platform, having reached $4 billion in AUM in May. The credit card launch also comes just six months after M1’s launch of Smart Transfers, which allows M1 Plus clients to create threshold-based rules that automatically move funds across M1 accounts, depending on how much people want to save, spend, invest, and borrow.

“M1 is incredibly fortunate to have investors and partners who’ve seen and believe in our long-term vision to digitize the private money management experience,” continued Barnes. “Their support enables us to invest in the right talent to build the next phases of our product, and today, the team’s hard work is coming to fruition in the form of industry-changing innovation that reimagines what a credit card is supposed to be.”

To learn more about M1 Finance, visit

About M1 Finance

M1 Finance, The Finance Super App, helps people manage and grow their money with control and automation – for free. With over $4.5 billion in assets under management, M1 has empowered over hundreds of thousands of investors to open accounts and improve their financial well-being through investing, digital checking, and portfolio lines of credit. M1 was named 2021 Best for Low Costs and 2021 Best for Sophisticated Investors by Investopedia.

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Not available for US Territory residents. The Owner’s Rewards Card by M1 is a credit card powered by Deserve and issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. 

Investing involves risk including the risk of loss, borrowing on margin can add to those risks. M1 brokerage services and products are not FDIC insured, no bank guarantee, and may lose value. Brokerage services and products provided by M1 Finance LLC, member FINRA/SIPC. 

M1 Spend checking accounts furnished by Lincoln Savings Bank, Member FDIC. 

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.

Media Contact

Greta Gordon
+1 646-818-9073