M1 Finance Bonuses: Up to $500 Offer, Sign-Up/Referral Promotions

Take advantage of our updates on M1 Finance bonuses and promotions here.

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 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.

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 $500 Bonus (Expired)

Take the next step in your financial journey with M1 and you could earn up to $500 bonus.

*Offer currently unavailable*

(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+

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)

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

M1 High Yield Savings Account

• *Offer currently unavailable*
• Earn 5.00% APY 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)

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.