M1 basically allows me to be my own bank. That’s super powerful for when I want to flex how I use my money.
– Ryan C.
1% APY
With 33x the national average* APY, you’ll earn more in two weeks than in a full year with a big bank.
1% cash back
Get a little back on eligible purchases made with your M1 Spend Visa® debit card.
Send checks
Schedule one-time or recurring paper checks from the M1 app.
Get your paycheck up to two days early.
$1,500 OR deposit $500/month OR have average of $5,000 in a combination of Chase accounts (to avoid annual fee)
Earn up to 10% cash back
Get 10%, 5%, or 2.5% cash back on purchases with some of the most popular brands—and 1.5% standard cash back on everything else.
Reinvest your rewards
Use the M1 platform to reinvest the cash you earn for long-term impact.
Advanced security
Freeze your card anytime and get Visa Signature® benefits including Visa® Zero Liability.
$95 annual fee
The card has a $95 annual fee, waived with an active M1 Plus membership.
M1 Plus is an annual membership that
gives you more options when you
Invest, Borrow, and Spend. The first
year is free (a $125 value).
Spend: Checking
1% APY checking
1% cash back
NEW: Send checks
Spend: Credit
$95 annual fee waived
M1 basically allows me to be my own bank. That’s super powerful for when I want to flex how I use my money.
– Ryan C.
Your Spend questions, answered
There are no fees for minimum balances or ATM transaction fees. (The ATM itself will likely charge you a fee, but M1 Plus members will be reimbursed for fees charged by ATMs, up to four a month.) There are fees charged for using your debit card abroad, which you can find here.
Glad you ask. Get the big picture here.