M1: Investing & Banking

M1 Finance

About this app

M1 is sophisticated wealth building, simplified.

Our comprehensive financial platform combines high-yield on your cash, personalized investment management, a lucrative cash-back credit card, and flexible ways to borrow money.

Discover the power of personalized finance and take control of your financial future. Download M1 now and experience the future of finance at your fingertips.

EARN

Maximize your savings growth with 5.00% APY interest, ensuring your money works harder for you.

INVEST

Use powerful portfolio management tools to invest commission-free^. Build your unique portfolio of stocks and ETFs and let advanced automation help power your strategy to achieve your long-term goals.

SPEND

Our M1 Owners Rewards Credit Card offers rewards that align with your spending habits. You can automatically reinvest your rewards to build wealth—even as you spend.

BORROW

Margin lets you tap into the power of your portfolio through a line of credit against your investment account. Qualified brokerage accounts with over $2,000 invested get built-in access to margin. Borrow up to 50% of your portfolio with rates from 7.25%-8.75%*. Pay back on your schedule—there’s no minimum or maximum repayment period.

You can also borrow $2,500–$50,000 over 2-7 years for almost anything. No prepayment penalties, origination fees, or late fees. APRs can vary between 7.99% - 21.75% APR. Rates are not guaranteed and are subject to change. Not all applicants qualify for the lowest available rate.

Example: A borrower receives a loan of $15,000, for a term of 36 months, with an APR of 11.17%. In this example, the borrower will make 36 monthly payments of $429.31 for a total of $17,723.16 ($2,723.16 interest). APR is calculated based on 3-year rates offered in Jan 2024.

DISCLOSURES

See disclosures in the final screenshot above or visit https://m1.com/legal/disclosures

M1 refers to M1 Holdings Inc., and its affiliates. M1 Holdings is a technology company offering a range of financial products and services through its wholly-owned, separate but affiliated operating subsidiaries, M1 Finance LLC and M1 Spend LLC.

Must be 18+ and US resident to open an account.

Brokerage products and services are not FDIC insured, not bank guaranteed, and may lose value. M1 Finance LLC, Member FINRA / SIPC. Securities in your M1 investment accounts protected up to $500,000. For details, see www.sipc.org.

M1 is not a bank. M1 Savings Accounts and M1 Personal Loans are furnished by B2 Bank NA, Member FDIC and Equal Opportunity Lender, and serviced by M1 Spend LLC, a wholly-owned operating subsidiary of M1 Holdings, Inc.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

© Copyright 2024 M1 Holdings Inc.

App distributed by: M1 Finance LLC; 200 N LaSalle St., Ste. 800; Chicago, IL 60601; United States

Ratings and reviews

I've been using m1 for about 3.5 years, making small monthly deposits to slowly save and invest for a better future. Now today, they roll out a new "feature" where they charge you 3 bucks a month to use their platform. This after they completely ignored my previous requests to fix my account, because their math is wrong with regards to reflecting returns. Guess it's time to pull all my money out and put it in robinhood or elsewhere, because I'm not paying.

EDIT: Reducing my rating by 1 star. I decided to transfer out of M1 and it has been a horrible experience. I decided to leave due to poor user experience, trade windows, and general better experience with fidelity. Every UI update makes the app more cumbersome and clunky. I'm seeing a lot of bugs where menus don't open/close and graphs don't update when the timeline is changed. And now there are 2 rows of tabs in the Invest window which means I can see even less data at one time

Used this app for 2 years. App is great. Customer service is garbage There are many stories online about M1 moving people's money, selling assets, and closing accounts without forewarning. They will not correspond with you before they mess with your money. Once they have it, they will move it. This happened to me when they closed my credit account. I used it daily, paid it off every month, and never missed a payment. When I called, they said they said, "Wouldn't discuss it, and was final."

What's new

Here's what you'll find in the latest update:
- Bug fixes and improvements

Let us know what you think by leaving a review or contacting us at [e-mail].