We are no longer opening new M1 Checking Accounts.
Why aren’t you accepting M1 Checking applications anymore?
M1 is shifting focus to delivering the M1 High-Yield Savings Account and its upcoming features.
When will I be able to open an M1 High-Yield Savings Account?
All existing M1 clients will have access to the M1 High-Yield Savings Account within the next week!
How do I transfer my funds from my M1 Checking Account to an M1 High-Yield Savings Account?
Once you open your M1 Savings Account, you can initiate a transfer from the app or web.
- Navigate to the “Move Money” button and select “One-time cash transfer”
- In the “From” dropdown select your Checking Account
- In the “To” dropdown select your Savings Account
- Choose your transfer amount and confirm.
Your transfer will complete in minutes!
What’s happening to my M1 Spend Checking Account?
Starting May 19th, the only change to M1 Checking is that you’ll no longer be able to open additional Checking Accounts.
M1 is not a bank. M1 Spend is a wholly-owned operating subsidiary of M1 Holdings Inc. M1 High-Yield Savings Accounts are furnished by B2 Bank, NA, Member FDIC.
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