
Coming Soon: High-Yield Savings
Forget small returns on your savings. Get 4.50% APY* with an M1 High-Yield Savings Account, rolling out later this year.

M1 Checking2 with M1 Plus
3.30% APY1
With 66x the national average APY, you’ll potentially earn more in two weeks than in a full year with a big bank.
1% cash back3
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.
Early direct deposit4
Get your paycheck up to two days early.
How does M1 compare?

M1 Plus members get more
M1 Plus is an annual membership that gives you more options when you Invest, Borrow, and Spend. The first three months are free.7
Testimonials may not be representative of the experience of other customers. Not a guarantee of future performance or success.
1 No minimum balance to open account or to obtain APY (annual percentage yield). APY valid from account opening. Fees may reduce earnings. Rates may vary. National average is 0.05% APY as of December, 2022. Obtained from the FDIC.
2 M1 Spend is a wholly-owned operating subsidiary of M1 Holdings Inc. M1 is not a bank. M1 Checking Accounts furnished by Lincoln Savings Bank, Member FDIC. M1 Visa® Debit Card is issued by Lincoln Savings Bank, Member FDIC.
3 Debit card purchases are when the card is swiped, or its 16-digit number is entered online. Any fund transfers, including via card transactions such as P2P or third party processors, are not eligible for cash back.
4 Early Direct Deposit is dependent on your payroll provider.
5 Source: https://personal.chase.com/personal/checking
6 Source: https://www.chase.com/content/dam/chasecom/en/checking/documents/clear_simple_guide_total.pdf
7 Your free trial (a $31.25 value) begins the date you enroll in the M1 Plus subscription, and ends 90 days after (Free Trial). Upon expiry of the Free Trial, your account is automatically billed an annual subscription fee of $125.00 unless you cancel under your Membership details in the M1 Platform.
* Obtaining stated APY (annual percentage yield) or opening an account does not require a minimum account balance. Stated APY is valid from date of account opening. Account fees may reduce earnings. Variable APY rate subject to paid M1 Plus subscription. Stated APY (annual percentage yield) for M1 Savings accounts is subject to change prior to product launch due to changing federal funds rate.