Where are my rewards paid out?  

By default, your rewards will go to one of your eligible taxable M1 Invest accounts. This account will automatically receive all your Owner’s Rewards.  

 

Can I change where my rewards go? 

Yes, rewards can also be paid to your M1 Spend checking account. 

Follow the instructions below to see how you can change your rewards payment account. 

 

Web 

1. Click “Spend”  

2. Make sure the credit card icon is selected. 

3. Click “Rewards” 

4. Click “Payout location”  

M1 Finance Spend tab rewards

All eligible payment accounts will be available in the dropdown. 

 

Mobile 

1. Tap “Spend” 

2. Make sure the credit card icon is selected. 

3. Tap “Rewards” 

4. Tap “Payout Location”  

M1 Finance mobile acccount screen Rewards tab

All eligible payment accounts will be available in the dropdown. 

 

Owner’s Rewards cannot be paid out to Retirement, Trust or Custodial accounts.

 

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