See what a cash account can do for you
What are the proceeds from your home sale?
How long do you plan to hold on to your cash?
Accrued interest
Home sale proceeds
$50,000
6 months
12 months
24 months
$1,008.37
$2,037.08
$4,157.15
Home sale proceeds
$75,000
6 months
12 months
24 months
$1,512.56
$3,055.62
$6,235.72
Home sale proceeds
$100,000
6 months
12 months
24 months
$2,016.74
$4,074.15
$8,314.30
Chart based on our base rate of 4.00% APY1. Introductory APY boosts may increase your earning rate for the length of the promotion. This is hypothetical and for illustrative purposes only.
Smart, secure and simple
What’s a High-Yield Cash Account? Put simply, it’s an easy way to earn returns on your cash. Instead of investing it, you can put your money to work while you stay liquid.
FDIC-insured
You’re covered up to 3.75 million2.
Joint accounts available
Share access with a spouse, family member or caretaker.
Unlimited number of withdrawals
Move money into your primary bank account whenever you need.
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Your new go-to spot for financial education and money management tips.
Ready to put your cash to work?
Want to chat with someone from M1 about moving your money? Set up a call
M1 is a technology company offering a range of financial products and services. “M1” refers to M1 Holdings Inc., and its wholly-owned, separate affiliates M1 Finance LLC, M1 Spend LLC, and M1 Digital LLC.
M1 High-Yield Cash Account(s) is an investment product offered by M1 Finance, LLC, an SEC registered broker-dealer, Member FINRA / SIPC. M1 is not a bank and M1 High-Yield Cash Accounts are not a checking or savings account. The purpose of this account is to invest in securities, and an open M1 Investment account is required to participate in the M1 High-Yield Cash Account. All investing involves risk, including the risk of losing the money you invest.
¹ Stated APY (annual percentage yield) with the M1 High-Yield Cash Account is accrued on account balance. Obtaining stated APY requires a minimum initial deposit of $100. APY is solely determined by M1 Finance LLC and its partner banks, and will include administrative and account fees that may reduce earnings. Rates are subject to change without notice. M1 High-Yield Cash Account is a separate offering from, and not linked to, the M1 High Yield Savings Accounts offered by M1 Spend LLC’s banking partner. M1 is not a bank.
2 The cash balance in your Cash Account is eligible for FDIC Insurance once it is swept to our partner banks and out of your brokerage account. Until the cash balance is swept to partner banks, the funds are held in a brokerage account and protected by SIPC insurance. Once funds are swept to a partner bank, they are no longer held in your brokerage account and are not protected by SIPC insurance. FDIC insurance is not provided until the funds participating in the sweep program leave your brokerage account and into the sweep program. FDIC insurance is applied at the customer profile level. Customers are responsible for monitoring their total assets at each of the sweep program banks. A complete list of participating program banks can be found here.
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.
