LIMITED TIME ONLY
Google employees
get an APY power-up from M1
Looking for a spot to stash your uninvested cash?
The search ends here.
Boost your APY by an extra half percent for 12 months when you open an M1 High-Yield Cash Account.
That’s our current rate of 4.00% APY1 + a 0.50% APY boost.
The cash reserve you’ve been searching for
No minimum balance
The more you deposit, the more you earn.
Custom automation rules
You call the shots on how money should move in your account.
Unlimited number of withdrawals
Your money’s there when you need it.
Joint account access
Sharing goals with a loved one? Joint accounts are available.
Brian Barnes
M1 Founder and CEO
From our CEO
“As tech people, we know the value of a creative solution. That’s why our financial products can automatically feed each other based on your larger strategy. Take our Cash Account. Earn incredible yield and automatically route surpluses to your investment account, which calculates what’s underweight and buys it. All before you get up in the morning. We think you’ll love the tech in us, and to prove it, we’re offering you a boosted 4.50% APY1 on Cash Account.”
Brian Barnes, M1 Founder and CEO
Your money is protected
Member of SIPC. Securities in your account protected up to $500,000. For details, please see www.sipc.org.
All M1 High-Yield Cash Account deposits are FDIC-insured up to an aggregate total of $4.75 million.2
As a technology-first company, M1 utilizes the latest in information security to keep your private information secure.
Built by tech experts, for tech experts
12 months.
4.50% APY.1
Ready to get started?
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.
