Your hard-earned cash,
meet our high yields

Your employer has partnered with M1 to offer you an exclusive employee benefit. Score an APY power-up when you open an M1 High-Yield Cash Account. Earn 4.75% APY1 for 3 months (then 4.25% APY1 after that).

Let’s go

Terms and conditions apply

A cutting-edge cash reserve

No minimum balance

The more you deposit, the more you earn.

Custom automation rules

Personalized automation rules for smarter money management.

Unlimited number of withdrawals

Unlimited withdrawals gives you control and quick access to funds.

Joint account access

Sharing goals with a loved one? Joint accounts are available.

Buffer rising
costs with M1 

It is no secret that things are more expensive now a days. M1 is helping people offset inflation by giving customers BIG returns on their cash. See how it works (in less than a minute).

Your money is protected

SiPC

Member of SIPC. Securities in your account protected up to $500,000. For details, please see www.sipc.org. 

FDIC logo

All M1 High-Yield Cash Account deposits are FDIC-insured up to an aggregate total of $3.75 million.2

lock

As a technology-first company, M1 utilizes the latest in information security to keep your private information secure. 

Kick off a 3-month
sprint for your cash

Ready to get started?

Let’s go

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.