Chase Total Checking®

M1 Finance Promotions: $250 Bonus Offer + $2,500 Transfer Bonus

M1 Finance is offering new users a brokerage bonus of up to $250! This is a tiered bonus that’s based on the total deposit amount. Have assets to transfer over? Get up to $2,500 to move your funds over to a M1 Invest account.

Full details of the latest M1 Finance promotions below.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

About M1 Finance

M1 Finance is a free investing app offering a unique platform that combines aspects of both self-directed trading and robo-advisor.

It allows hands-on investors the opportunity to pick individual assets to create their own investment portfolio. For hands-off investors, M1 provides automated investing based on their goals.

The app also offers features like digital banking, margin lending, and fractional shares.

M1 Finance Promotions - Invest Smarter
(Image from M1 Finance)

M1 Finance Promotions

Here are all the available promotions for M1 Finance.

The best overall deal right now for new users is the $50 bonus because it’s simple and easy. If you have available funds though, you should take a look at the $250 new user tiered bonus instead. There’s also a transfer promo that gives you up to $2,500 depending on how much assets you can transfer over.

Offer #1: M1 Finance New User Bonus ($10-$50)

Get $10 (sometimes $50) when you open a M1 Invest account and deposit at least $100 within 30 days.

This is the most straight-forward bonus offer for new users. If you have more than $30,000 available, check out the next offer that gives you up to $250 in bonuses.

How To Get M1 $50 New User Bonus

  1. Open a free M1 Invest account using this link for the $10-$50 bonus offer.
  2. Make an initial deposit of at least $100 within 30 days of account opening.
  3. Receive a $50 bonus within 14 days of completing the deposit requirements.

Offer #2: M1 Finance New User Bonus (up to $250)

Get up to $250 in your new M1 Invest account. Sign up, make a deposit within 14 days, and get a cash reward as a welcome gift to you.

From April 1, 2022 through May 15, 2022, all new users who have never registered for an M1 account will be eligible to receive a one-time cash reward deposited into their newly opened M1 investing account.

M1 Finance will count the total deposits that occur within the first 14 days of the new user sign-up date to determine the bonus you’ll get. Deposits must be made in cash via an ACH deposit (bank transfer).

Deposit AmountYour Bonus
$5,000 – $9,999.99$25
$10,000 – $29,999.99$50
$30,000 – $49,999.99$150
$50,000 – $99,999.99$250
M1 Finance Tiered Bonus Offer

How To Get M1 Welcome Bonus

  1. Open a free M1 Invest account using this link for the $500 bonus offer.
  2. Make an initial deposit of at least $100 during account opening.
  3. Make deposits totaling $1,000 or more within the first 14 days of account opening.
  4. Get a bonus between $30 to $500 on November 15, 2022 depending on your total deposit amount.
Crypto PlatformPromotionLink
Gemini logo$50 BTC BonusLink
Voyager logo$25 BTC BonusLink
Okcoin logo$50 BTC BonusLink
Celsius Network logo$50 BTC BonusLink
Hodlnaut logo$50 Crypto BonusLink
Luno logo$10 BTC BonusLink
TradeStation logo$10 Free + $2,500 Crypto RewardLink
BlockFi logoUp to $250 BTC BonusLink
Coinbase logo$10 BTC BonusLink
Cake Defi logo$30 DFI BonusLink
Nexo logo$100 BTC BonusLink
Abra logo$40 CPRX BonusLink
Crypto.com logo$25 CRO BonusLink
Phemex logo$100 BonusLink
Binance.US logo$10 BonusLink
eToro logo$10 BonusLink

Offer #3: M1 Finance Transfer Bonus (up to $2,500)

Transfer your account and earn up to $2,500. Earn big when you just take 4 minutes to set up your investment account transfer.

From February 19, 2022 through December 31, 2022, all users who transfer assets to their M1 account can earn up to $2,500 in bonuses.

M1 will consider the total direct account transfers that happen within the first 60 days from new account sign-up date (starting the day a user submits a valid email and password to create a login with M1).

Transfer AmountYour Bonus
$100,000 – $249,999.99$250
$250,000 – $499,999.99$500
$500,000 – $999,999.99$1,000
$1,000.000+$2,500
M1 Finance Transfer Bonus Tiers

How To Get M1 Transfer Bonus

  1. Open your M1 account that matches the account type you’re transferring using this link.
  2. Upload your documents securely through M1’s encrypted form to initiate the transfer.
  3. Receive a transfer bonus of up to $2,500 into your M1 account.

The transfer bonus will be deposited into your account 150 days after the new user sign-up date.

Offer #4: M1 Finance Referral Program (up to $50)

Refer a friend to M1 Finance and earn up to $50 for every friend that signs up and funds their portfolio.

You’ve found something you love, now it’s time to share. Refer a friend to M1 Finance and get a bonus up to $50.

How To Get M1 Referral Bonus

  1. Open your M1 Finance Dashboard (mobile app) or click on your name (website).
  2. Click on the ‘Refer & Earn‘ link (link will only show if your account is funded).
  3. Enroll in the referral and choose where you want to receive your referral bonuses.
  4. Receive a referral bonus every time a friend signs up and funds their M1 Finance account.

Referral bonuses will be deposited in your selected M1 account within 14 days of your referral completing the requirements.

The Bottom Line

For most people, the straight-forward $50 new user bonus is probably the best option. The tiered $250 new user bonus offer is great compared to similar bonuses from other brokerages in that the required deposit amount to get the highest bonus is “relatively” small.

You get $250 for depositing $50,000 if you max out this deal, which is already a 0.5% return on your money. That’s better than the interest earned at most banks for an entire year. Other brokerages are requiring $100,000 or $200,000 to get the same bonus amount.

I also really like M1’s value proposition as most investment platforms that offer robo-advisor services charge a fee for this feature – Wealthfront charges 0.25% of the account balance for example. Although to be fair, you’ll get a lot of guidance and assistance with that fee.

I’ll include this M1 promotion in the list of the best bank bonuses.

Leave a Comment