How it works
- Open a new M1 account.
- Deposit $1,000 or more in your Invest account during your first 14 calendar days.
- Get a $30 bonus.
- If you receive $30 from this promotion, you will no longer be eligible to receive $50 from the "M1 Referrals: Give $50, Get $50"
How do you get paid?
You will receive a $30 bonus in your payment account within 14 business days of funding your a M1 account with at least $1000.
Once credited, you will see a $30 Promotional Credit in the Activity section.
- Navigate to “Invest”
- Select your payment account (detailed below).
- Select “Activity”
- You will see your credit labeled “Promotional Credit”
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 can’t 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.
- Select the profile icon in the upper right-hand corner of the screen.
- Click “Settings”
- Click “Membership Details”
- 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.
If you receive $30 from this promotion, you will no longer be eligible to receive $50 from the $50 referral credit promotion.
Terms and conditions
To be eligible for this Promotion, you must (1) have never funded an M1 account; (2) have successfully opened an M1 investment account; (3) have not used a referral link to open an M1 account; AND (4) have made deposits of at least $1,000 post electronically to an M1 taxable investment account within a two week (14 day) time period. If you satisfy the conditions stated in the previous sentence, M1 will make a one-time deposit of thirty dollars ($30.00) into the cash balance of your M1 taxable investment account in accordance with these Promotion Terms.
You are only eligible to receive one cash reward under this Promotion. The cash reward will be deposited into your M1 investment account within seven to fourteen (7-14) business days from the date you satisfy the conditions stated herein. The cash reward deposited by M1 is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. The cash reward must remain in your M1 investment account for sixty (60) days from the date the cash reward is deposited into your M1 investment account and for the entirety of the 60-day period, which shall be determined by M1 in its sole discretion.
The deposits totaling $1,000 must be made in cash via an ACH deposit into an investment account and not part of any Automated Customer Account Transfers Service (ACATS). Additionally, a deposit into an M1 retirement account is not eligible for this promotion.
This Promotion is independent from the multiple, varying other M1 promotions available at any given time, including but not limited to any of the following promotions:
If you have already received a cash bonus pursuant to the terms of the M1 Referral Promotion, you are expressly ineligible for this Promotion and you will not receive any cash rewards pursuant to these Promotion Terms. M1 reserves the right to revoke the thirty ($30) cash deposit if it is not retained in your M1 investment account for sixty (60) days from the date the cash reward is deposited.
ACH transfer links can be done on M1’s platform by connecting your outside banking institution plaid or micro deposit. M1 will attempt to offer the ability to link or fund a customer’s account with as many financial institutions as possible, however M1 cannot guarantee customer’s ability to link their M1 account with all financial institutions.
This promotion expires at 12:00pm ET on December 31, 2021.