Take advantage of our updates on M1 Finance bonuses and promotions here.
Update 4/18/24: M1 Finance is offering up to $500 bonus when opening a new account and completing an account transfer of $10K minimum.
With M1 Finance, they are a free automated investing “robo-advisor” that will allow you to make a portfolio of your investments.
You can also pick from the already made portfolios as well. Just fund your account and M1 Finance will do the rest.
(at M1 Finance)
M1 Finance Up To $500 Bonus
Take the next step in your financial journey with M1 and you could earn up to $500 bonus.
(Expires 12/31/2024)
How To Earn Bonus
- Open a new M1 Finance Account and earn up to a $500 bonus.
- Deposit $10,000 or more within two weeks of opening your new M1 Brokerage Account and get a cash bonus of $75 – $500 deposited to that account.
- Bonus Tiers:
- $75 bonus: when you transfer an account of $10,000 – $29,999
- $150 bonus: when you transfer an account of $30,000 – $49,999
- $250 bonus: when you transfer an account of $50,000 – $99,999
- $500 bonus: when you transfer an account of $100,000+
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) |
M1 Finance Custodial Account
With many years ahead to build wealth, adults are in a great position to set children in their lives up for financial success. That’s where M1 Custodial Accounts come in—exclusive to M1 Plus.
Give a child a strong start
- A financial gift. UTMA/UGMA accounts allow you to invest on a child’s behalf and help prepare for future financial needs. These funds can be used for anything benefiting the child.
- There when they need it. As a custodian to the account, you control the investment strategy until its beneficiary comes of age (age 18 to 25, depending on your state).
- Time is on their side. Investing early on a child’s behalf helps give them a financial advantage compared to those who begin investing in adulthood.
(at M1 Finance)
M1 Finance $10 Sign-Up Bonus
You can currently receive $10 bonus when you sign using a member’s referral link and fund your account.
(Our Referral Link)
How To Earn Bonus
- Open a new M1 Finance account online using our referral link
- Fund your account within 90 days.
- Maintain your initial qualifying funding for 90 days.
- Once you’ve met the qualifications, you’ll see a $10 bonus in your account under Settings > Promotions.
M1 Finance Give $50, Get $50 Referral Program
Currently, M1 Finance is offering a promotion where account holders can earn $30 Referral Bonuses when you refer friends and family members to this app.
How To Earn Bonus
- Go to your Dashboard when you log into your account (mobile app) or click on your name (desktop).
- Go to “Refer & Earn” which will only appear when your account has been funded.
- Apply for the referral program.
- Pick a Payment Account that you would want to put your referral bonuses into.
- Copy and share your personal referral code with friends and family.
- Get your referral bonus in the Payment Account that you’ve picked in about 14 days after your friend has made an account and funded their own account.
- After you’ve met all of their requirements, you will then be able to view your bonus in your account if you go to “Settings” and click on “Promotions.”
Fine Print
- This offer is only available to people who reside in the United States.
- The bonus offer will be valid for new brokerage or IRA accounts only.
- It won’t be available for other offers and won’t be transferable.
- You have to open a brokerage account to get the referral bonuses.
- The Payment Account that you’ve picked cannot be a retirement account. If you chose to open a retirement account, you will have to open a non-retirement account as well to receive your $20 bonus offer.
M1 Finance Up To $20,000 Account Transfer Bonus (Expired)
Transfer a brokerage account to M1 and earn up to $20,000.
(Expires 03/31/2024)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) |
How To Earn Bonus
- During the Promotion Period, new and existing M1 customers that transfer a brokerage or retirement account to M1 can earn up to $20,000. Here’s how to get started:
- Get a copy of a recent account statement from your brokerage.
- Ensure you have an account open at M1 that matches the account type you’re transferring (e.g. if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1).
- Submit a transfer request from another brokerage account during the Promotion Period. Click here to get started.
- Promotional Credits (see table below) will be paid to eligible clients on December 5, 2024, into their Payment Account^ only.
- Bonus Tiers:
- $250 bonus: when you transfer an account of $100,000 – $249,999.99
- $1,000 bonus: when you transfer an account of $250,000 – $499,999.99
- $2,000 bonus: when you transfer an account of $500,000 – $999,999.99
- $4,000 bonus: when you transfer an account of $1,000,000 – $1,999,999.99
- $10,000 bonus: when you transfer an account of $2,000,000 – $4,999,999.99
- $15,000 bonus: when you transfer an account of $5,000,000 – $6,999,999.99
- $20,000 bonus: when you transfer an account of $7,000,000+
M1 Finance Up To $5,000 Retirement Rollover Bonus (Expired)
Let the good times roll with your nest egg in one place. Roll over your 401(k), 403(b) or another employer-sponsored retirement plan by March 31 and you could earn an investment bonus of $500–$5,000.
(Expires 03/31/2024)
How To Earn Bonus
- Open an M1 IRA account. First, you’ll need to open a retirement account in M1.
- Initiate your rollover. Then, you’ll have to move your money from your account provider to M1.
- Check delivery and deposit
- Prepare you M1 account for your rollover check
- Promotional Credits will be paid to eligible clients on January 31, 2025
- Bonus Tiers:
- $500 bonus: $100,000 – $249,999 Aggregate Rollover Amount
- $1,000 bonus: $250,000 – $499,999 Aggregate Rollover Amount
- $2,500 bonus: $500,000 – $999,999 Aggregate Rollover Amount
- $5,000 bonus: $1,000,000+ Aggregate Rollover Amount
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) |
M1 High Yield Savings Account
- *Offer currently unavailable*
- Earn 5.00% APY for M1 Plus Members with the M1 High Yield Savings Account
- FDIC-insured. Accounts are FDIC-insured up to $5 million.
- Save automatically. Contribute on a schedule so you’re always pushing toward long-term goals.
- Integrates with M1. It’s easier to see the big picture of your finances with more of your money in the same place.
(FDIC Insured)
M1 Finance Checking with M1 Plus 3.30% APY (Expired)
Upgrade to M1 Checking with M1 Plus and earn 3.30% APY on your funds.
Editor’s Note: M1 is no longer opening M1 Checking accounts. See FAQs.
M1 Finance Up To $15,000 Bonus (Expired)
Get up to $15,000 to invest when you transfer a brokerage account to M1 by November 15, 2023.
How to earn bonus:
- During the Promotion Period, new and existing M1 customers that transfer a brokerage or retirement account to M1 can earn up to $15,000. Here’s how to get started:
- Get a copy of a recent account statement from your brokerage.
- Ensure you have an account open at M1 that matches the account type you’re transferring (e.g. if you are transferring securities from a joint brokerage account, you’ll need a joint brokerage account open at M1).
- Submit a transfer request from another brokerage account during the Promotion Period.
- Promotional Credits (see table below) will be paid to eligible clients on August 15, 2024.
- Bonus Tiers:
- $250 bonus: $100,000 – $249,999 Transfer
- $1,000 bonus: $250,000 – $499,999 Transfer
- $2,000 bonus: $500,000 – $999,999 Transfer
- $4,000 bonus: $1,000,000 – $1,999,999 Transfer
- $10,000 bonus: $2,000,000 – $4,999,999 Transfer
- $15,000 bonus: $5,000,000+ Transfer
(Expires 11/15/2023)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) |
M1 Finance Up To $1500 Bonus (Expired)
Earn up to $1,500 when you set up recurring deposits.
How to earn bonus:
- Set up recurring deposits to any of your M1 investment accounts by May 24, 2023 (feel free to split them up between your different accounts—brokerage accounts, retirement accounts and IRAs are all eligible).
- You can set whatever schedule you want: weekly, biweekly or monthly.
- If you complete at least 6 new monthly recurring deposits totaling at least $15,000 across your investment accounts, you’ll earn a bonus!
- Bonus Tiers:
- $100 bonus: Total Recurring Deposits to Investment Accounts through November 24 of $15,000 – $29,999
- $200 bonus: Total Recurring Deposits to Investment Accounts through November 24 of $30,000 – $59,999
- $500 bonus: Total Recurring Deposits to Investment Accounts through November 24 of $60,000 – $299,999
- $1500 bonus: Total Recurring Deposits to Investment Accounts through November 24 of $300,000+
(Expires 05/24/2023)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($3500 Cash) |
M1 Finance (Up to $500 Cash) |
M1 Finance Up To $4,000 Bonus For Account Transfer (Expired)
(Expired)
Transfer your investments and earn up to $4,000. In order to earn this bonus complete the following steps:
- Open an M1 account that matches the account type you’re transferring.
- Upload your documents securely through our encrypted form.
- Takes up to 4 minutes to complete.
Account Transfer Size | Bonus Amount |
$10,000-$19,999.99 | $40 |
$20,000-$49,999.99 | $75 |
$50,000-$99,999.99 | $150 |
$100,000-$249,999.99 | $250 |
$250,000-$499,999.99 | $500 |
$500,000-$999,999.99 | $1,000 |
$1,000,000-$1,999,999.99 | $2,500 |
$2,000,000 + | $4,000 |
M1 Finance $100 Checking Bonus (Expired)
You can receive a $100 bonus when you open a new checking account with certain requirements.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Direct Deposit Required: No
- Monthly fee:
- M1 Spend Account:
- There are no monthly fees
- M1 Plus:
- $125/Year Fee
- M1 Spend Account:
- How to earn it:
- Open a new M1 Spend account between January 28 – March 31.
- Deposit $2,500 within the first 14 days of account opening.
- Maintain your balance for 30 days for a $100 bonus deposit.
(Offer expires March 31, 2022)
U.S. Bank Smartly® Checking ($700 Cash Bonus) | SoFi Checking & Savings Account ($325 bonus) |
Chase Total Checking ($300 Bonus) | KeyBank Checking ($200 bonus) |
Bank of America Checking ($200 Bonus Offer) | Fifth Third Bank Checking ($200 Bonus) |
Axos Bank Rewards Checking ($300 Bonus) | Truist Checking ($400 bonus) |
Fine Print
- Starting on January 28, 2022 through March 31, 2022 (the “Promotion Period”), all customers who meet the eligibility requirements described below will be eligible to receive a one-time cash reward of one hundred dollars ($100) deposited into your M1 Spend checking account1 (the “Promotion”).
- This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
- You are only eligible to receive a one-time cash bonus of one hundred dollars ($100) (the “Promotional Credit”) under this Promotion.
- The Promotional Credit deposited by M1 is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security.
- M1 reserves the right to revoke the Promotional Credit cash deposit if the total aggregate transferred deposited value is not retained in your M1 Spend checking account until the Pay-out Date.
- This Promotion is independent from, and in addition to, your potential participation in promotions offered by M1 Finance LLC.
M1 Finance Up To $500 Bonus (Expired)
(Expires August 1, 2022)
To be eligible for this Promotion, and during the Effective Date, you must
- Have never registered for an M1 user account
- Successfully opened an M1 investment account
- Have not used a new account opening referral link to open an M1 account
- Make an aggregate deposit of at least $1,000 via ACH to an M1 taxable investment account within the first 14 days of New User Sign-up Date.
Deposit Amount | Bonus Amount |
$1,000-$4,999.99 | $30 |
$5,000-$9,999.99 | $75 |
$10,000-$29,999.99 | $150 |
$30,000-$49,999.99 | $300 |
$50,000+ | $500 |
Conclusion
When you sign up for a M1 Finance account, you’ll receive a variety of bonuses, and if you refer friends and family they can earn cash as well! It’s a decent offer for this investment platform.
Some well known automated investing platforms are Betterment and Wealthfront will also have different bonus promotion offers. Find other investment promotions here.