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

m1 finance promotions

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.

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

Learn about all the newest M1 Promotions right here!

  • M1 Plus Sign up – One year FREE of M1 Plus*
  • Invest $1,000, earn $30
  • Transfer Account to M1 and Earn up to $3,500
  • M1 Finance Referral – Give $30 and Get $30 (NEW!)
  • M1 Borrow – Current LOW rates

1. M1 Plus Sign up Promotion*

New customers receive a one-year subscription to the premium M1 Plus for FREE, that’s a $125 free gift.

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: Ongoing

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 your one year free of M1 Plus membership will be activated.
  • This promotion is for new members only.

2. Invest $1,000 cash in an M1 Finance account and receive $30.


  • January 1 through January 31, 2021
  • New users only, without referral link.
  • Only one $30 bonus and one promotion per customer.

3. Transfer to M1 and Earn up to $3,500

Transfer your account to M1 and earn up to $3,500. It only takes a few minutes.

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

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

3. New Retirement Rollover Account Transfer Earns up to $3,500

(See chart above for promotion amount.)

Why roll over your old 401(k), 403(b) or IRA to M1 Finance?

  • You can totally customize your investing with individual stocks and thousands of ETFs.
  • You can invest in ready made portfolios that fit your risk level from conservative to aggressive.
  • You can copy ready made hedge fund portfolios, retirement portfolios and other types of professionally crafted groups of investments.
  • Your investments are rebalanced back to your preferred asset allocation, for free.
  • M1 offers a low cost margin loan for unexpected expenses.
  • You can streamline your banking with the M1 checking account and cash management services.

How to Transfer to M1 Finance

  1. Open an M1 account that matches the account type you’re transferring. If you’re transferring a retirement account, you’ll open a traditional or Roth IRA.
  2. Uploade your documents through their secure portal. It only takes 4 minutes.
  3. Make the transfer within 60 days of account opening, to receive bonus.

4. M1 Referral – Give $30 and Get $30 NEW!

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 $30 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.

Not available with the invest $1,000 and receive $30 promotion.

5. Borrow with LOW Rates

Existing customers can borrow up to 35% of the account value.

The entire process can be completed in under a minute.

The current M1 Borrow rates are insanely low:

  • 2.0% borrow rates for M1 Plus clients.
  • 3.5% borrow rates for all other M1 Plus clients.

*Rates current as of January 11. 2021

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.


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.

*All promotions are subject to change without notice.

*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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