M1 Finance Promo Codes-Earn $2,500 with Fund Transfer

m1 featured promo codes

M1 Finance referral codes and promotions are like free money!

*This article contains affiliate links to help pay for this website. That said, our reviews are held to the highest standards of honesty.

And who doesn’t like free money?

Aside from being one of our favorite investment managers, M1 Finance is generous with referrals and promotions.

Learn about all the newest M1 Promotions right here!

  • M1 Plus Sign up – Save $100
  • Transfer Account to M1 and Earn up to $2,500
  • M1 Finance Referral – Give $10 and Get $10
  • M1 Borrow promo – Borrow up to $5,000 for a limited time

1. M1 Plus Sign up Promotion

New customers receive a one-year subscription to the premium M1 Plus for $25, that’s $100 off the regular price of $125.

Basic M1 AccountM1 Plus Account
Invest for FREEInvest for FREE
Borrow at 3.5% – Access line of credit with just $10,000 invested.Borrow at 2% – M1 Plus unlocks a 1.5% lower interest rate than standard base rate.
Free checking and debit card. (no cash back or interest paid).Earn 1% cash back with debit card and 1% interest on cash balance.

Benefits of M1 Plus:

  • High yield checking account.
  • Lower interest rate on M1 Borrow.
  • 1% cash back on M1 Plus Visa debit card.
  • Second, afternoon trading window.

Promotion period: April 13, 2020 through June 30, 2020.

How to Sign up for M1 Plus Promotion

  • Go to M1 Plus Screen
  • Click Join M1 Plus – during your first 7 days an an M1 customer.
  • Submit payment details and you’ll be billed $25 for your first year of M1 Plus membership.

2. Transfer to M1 and Earn up to $2,500

Transfer your account to M1 and earn up to $2,500. It only takes a few minutes.

Benefits of M1

  • Zero management fees for M1 basic. $125 per year for M1 Plus.
  • Integrated and automated digital investment, borrowing, and banking services, allows you to put your money to optimal use.
  • Over 6,000 investments
  • Banking
  • Lending
  • Investment management
Transfer AmountBonus
$1,000,000$2,500
$500,001 to $1,000,000$1,000
$250,001 to $500,000$500
$100,000 to $250,000$250

You must initiate your transfer from another brokerage within 60 days of signing up for M1.

3. M1 Referral – Give $10 and Get $10

This one’s for existing M1 customers. (Must have a non-retirement account to participate.)

Refer a friend to M1. After sign up you each get a $10 account credit.

How M1 Referral Works

  • Open your Invest screen (mobile) or click on your name (web)
  • Click on your name at the top right (web) or click on the silhouette in the app 
  • Click Refer & Earn (this will only be visible if your account is funded)
  • Sign up and choose your Payment Account
  • Share your unique referral link with friends

You can return to the referrals page after signing up to locate your unique referral link.

4. Borrow up to $5,000 for Free

M1 Plus memberw with an account balance of at least $10,000 are elibible to borrow up to $5,000 interest free through June 30, 2020.

How M1 Borrow promo works:

  • Borrow up to $5,000 interest free (through June 30, 2020)
  • Borrow more than $5,000 and you’ll be charged the current interest rate of 2%.
  • New and existing borrowers are eligible.

Promotion period: April 13, 2020 through June 30, 2020.

About M1 Finance

One of the most comprehensive robo-advisor platforms to hit market, M1 Finance offers a unique twist to the fintech landscape – hundreds of investment options for free.

No trading fees, and free rebalancing of your investments!

In fact, I have an account with M1 Finance!

What makes M1 Finance stand out in the robo-advising arena is its access to thousands of investments from exchange traded funds to individual stocks.

M1 Finance portfolios are easy to visualize as each investment is shown as a slice of pie. The whole M1 Finance pie represents your entire investment portfolio.

You can create your own portfolio, called M1 Finance Pies, selected from roughly 500 investments. Or, you can create several distinct portfolios or pies.

The M1 Finance robo-advisor also offers pre-made expert pies to choose from.

M1 also offers checking and borrowing.

FAQ

Does M1 Finance give free stock?

No, M1 gives $10 when you refer a friend. M1 also offers free investment management and rebalancing along with free trading.

Is M1 Finance legit?

M1 Finance is legit. In fact, it’s one of the fastest growing investment managers around. In addition to free investment management, M1 doesn’t charge commissions or require a minimum amount to start investing.

How does M1 make money?

Similar to a bank that offers free checking, M1 Finance makes money through other services like lending user-owned securities and cash held the investors account.
Loan and M1 Plus also make money for M1.

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Disclosure: Please note that this article may contain affiliate links which 
means that – at zero cost to you – I might earn a commission if you sign up or buy through the affiliate link. That said, I never recommend anything I don’t  believe is valuable.

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