M1 Referrals: give $30, get $30

M1 is currently running a promotion for referring others to the platform. 

 

How It Works  

  • You must have a funded invest account.  
  • You must send your referral code to a friend who is not currently an M1 customer.  
  • Your friend must use your code to sign up for a new M1 invest or retirement account.  
  • Your friend must be approved to open an M1 brokerage account.  
  • Your friend must deposit $100 into an individual account or $500 into a retirement account within 30 days of opening their M1 account.  
  • Your friend must not withdraw the initial deposit from their account for 30 days.  
  • Then you’ll both receive $30. 

Exclusions:  

   

Where Can You Find Your Referral Link?  

Mobile:  

  • Click on the profile icon in the upper right corner of the screen to access “Settings”.  
  • Tap “View referrals” under "Refer and Earn" (this will only be visible if your account is funded)  
  • Copy & share your referral link with friends!  

Web:  

  • Click your name at the top right after logging into M1 
  • Click "Refer and Earn" (this will only be visible if your account is funded)  
  • Copy & share your referral link with friends!  

You can also return to the referrals page after signing up to find your unique referral link again.  

   

How Does Your Friend Use Your Unique M1 Referral Link?  

  • Send your unique M1 Referral Link to your friend via email or text.  
  • Have your friend click on your unique M1 Referral Link and create an account.  
  • Once your friend is approved to open a brokerage account, they must fund it with $100 or open a retirement account and fund it with $500.  
  • Your friend must keep their funds inside the new account for 30 days from the date of deposit.  

Note: You and your friend must keep a non-retirement account open to receive your referral credit.  

   

How Do You Both Get Paid?  

You will receive a $30 referral bonus in your Payment Account within 14 business days of your friend successfully opening an M1 account and funding it for 30 calendar days.    

Your friend will receive their $30 referral bonus within 14 business days of the 30th calendar day after they funded the account with the initial $100 or $500 deposit.  

   

Once credited, you will see a $30 Promotional Credit in Activity.  

  1. Navigate to “Invest”  
  2. Select your payment account (detailed below).  
  3. Select “Activity”  
  4. You will see your credit labeled “Promotional Credit”  

   

Payment Accounts  

Referrals and other promotional credits are deposited into your designated “Payment Account.” A Payment Account must be an individual or joint taxable brokerage account (funding not required). A Payment Account cannot be a retirement account. Both you and anyone you refer will be required to have an open brokerage account to receive referral credits.  

If you have more than one taxable account, you can change the Payment Account at any time from Settings>Payment 

  1. Select the profile icon in the upper right-hand corner of the screen.  
  2. Click “Settings”  
  3. Click “Payment”  
  4. You can choose from eligible Invest brokerage accounts that appear in the payment methods list  

Without a valid Payment Account, you will not be able to receive referral credits.  

   

Important Terms and Conditions  

Beginning on 3/15/2021, this M1 Referral Program offer is valid only for new M1 account users. Please send your unique referral code only to people who you know personally and who will be glad to get it. To qualify for the bonus, referred family and friends must make an initial deposit of at least $100 into a taxable account or at least $500 into an IRA, within 30 days of account approval and not withdraw that initial deposit for 30 days.  

Your participation in the M1 Referral Program is subject to the following:  

Through the M1 Referral Program you will invite family and friends to sign-up for an M1 account by sending them an invitation with a provided link and disclosure, and your efforts in soliciting clients to M1 will be limited to this activity.  

For each “Qualifying New Account” M1 will pay you $30 to your M1 Payment Account. A “Qualifying New Account” is a new, individual M1 account opened by your referee, using your unique referral link, which your referee funds with an initial minimum deposit ($100 for taxable accounts or $500 for IRAs) and does not withdraw that initial deposit for 30 days. M1 is not responsible for incorrect entry or other failure on the part of your referees to meet standards of a Qualifying New Account.  

This promotion is not valid with any other offers and is non-transferrable. Offer is only available to U.S. residents who are U.S. citizens or U.S. Permanent Residents and are 18 years or older. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, that any terms of the M1 Terms of Use or Account Agreement have been violated or these terms and conditions have been violated. In referring friends to open an M1 account you are acting on behalf of M1 and under the supervision and control of M1. You agree to limit the information you provide in connection with the referral to the link and disclosure provided by M1.  

Personal information collected in connection with this offer will be used in accordance with M1’s Privacy Policy 

The $30/$30 Promotional Period is between 12:00 AM ET on March 15th, 2021 and 11:59 PM ET on December 31, 2021. 

 

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