Jan 2025 Promo One-year APY Boost Terms and Conditions 

You must agree to the following terms and conditions in order to be eligible for this Promotion. These APY Boost Promotion Terms and Conditions are in addition to your existing M1 Brokerage Customer Account Agreement.

Promotion Period: December 30, 2024 – January 31, 2025

During the Promotion Period, all eligible new M1 clients, or existing M1 clients with neither an open Cash Account nor an open M1 High-Yield Savings Account (“Boosted Clients”) who successfully open and fund an M1 Cash Account with M1 Finance LLC (a “Cash Account”) can receive a one-time 0.50% APY increase over the then-applicable standard APY (a “APY Promotional Boost”) on the balance in their Cash Account (on up to a maximum balance of $200,000 per Boosted Client (the “Maximum Balance”)) for up to twelve (12) months, if all applicable requirements are satisfied (the “Promotion”).

To earn the APY Promotional Boost, a Boosted Client must (1) successfully open a Cash Account during the Promotion Period; and (2) successfully fund their Cash Account via an external bank account at any point during the Boost Reward Period (no minimum funding amount required). A Boosted Client who meets these criteria will successfully earn the APY Promotional Boost in addition to the then-standard APY, and will begin receiving the APY promotional increase (e.g., 0.50%) on their Cash Account balance (up to the Maximum Balance). While interest will begin accruing within 24 hours following the first day on which you hold a funded Cash Account, the APY Promotional Boost period of twelve (12) months will begin on the date of account opening, regardless of funding activity (the “Boost Reward Period”).

Participants in the Promotion can only receive a single APY Promotional Boost at one time, regardless of whether they are eligible for another promotion offering a separate APY boost. The APY Promotional Boost applies to all new Cash Accounts within your M1 account (up to 4 individual, and 1 joint¹ Cash Account) up to the Maximum Balance per account. However, the APY Promotional Boost is only available during the Boost Reward Period, regardless of when you may open any Cash Account(s). In addition to the then-standard APY, the APY Promotional Boost will accrue daily on funds within the applicable Cash Account, and any interest earned will be paid into the applicable Cash Account on or around the end of each eligible calendar month. Interest accrued as a result of the APY Promotional Boost may not be separately identified within the applicable Cash Account, and payment of all accrued interest for a calendar month may occur in a single transaction. In the event any of your Cash Accounts maintain funds that exceed the Maximum Balance, any such excess funds will only earn the then-applicable standard APY rate without the APY Promotional Boost.

The APY Promotional Boost during this Promotion cannot be paused or extended for any reason whatsoever. If, during your Boost Reward Period, you close your Cash Account at any time, or transfer all funds out of your Cash Account, you will forfeit the remainder of your APY Promotional Boost on such closure or transfer date. During your Boost Reward Period, the total amount you can earn through the Promotion will vary based on any changes to the total balance in your Cash Account and/or any changes to standard APY for Cash Accounts. M1 may, in its sole discretion, change the APY standard and/or the APY Promotional Boost rates at any time, during the Promotion or otherwise, without notice to you.

¹ Joint Cash Accounts are eligible for this Promotion only if the previously mentioned criteria is successfully met. In addition, a joint Cash Account must have at least one (1) net-new Client to be eligible for this Promotion. Any net-new Client may earn the APY Promotional Boost on both their joint and individual Cash Accounts. Conversely, an already-existing M1 client (prior to the Promotion Period) that is earning the APY Promotional Boost on a joint Cash Account with a net-new Client will not be eligible to earn the APY Promotional Boost on any of their individual accounts (existing or otherwise).

M1 reserves the right to modify or terminate this Promotion at any time without notice. M1 has no obligation to open a Cash Account for any particular person, regardless of that person’s participation in any promotional program, and may accept or reject an application in its sole discretion. All eligibility decisions shall be made by M1 in its sole discretion. Without limiting the foregoing, M1 shall have sole discretion to determine whether to disqualify any person from receiving an APY Promotional Boost or otherwise participating in the Promotion for any reason, including but not limited to if M1 determines, in its sole discretion, that fraudulent activity or a violation of the terms of the Promotion may have occurred. In the event M1 disqualifies an APY Promotional Boost after interest has begun to accrue, M1 reserves the right to recapture the amount of interest attributable to the APY Promotional Boost to the maximum extent permitted by law (e.g., recapturing paid interest from any M1 account). Employees of M1 and its affiliates are not eligible to receive an APY Promotional Boost.  All federal, state, and local taxes and any related fees and expenses are the sole responsibility of the Boosted Client.