M1 High-Yield Savings, Earn Up to 4.50% APY
M1 announced today that it will soon launch a high-yield savings account where M1 Plus members earn 4.50% APY on their cash. The M1 High-Yield Savings Account will be an FDIC-insured account offered by a partner bank, B2 Bank. The account will launch early next year.
If you don’t pay for the M1 Plus membership, which costs $125 per year, the base rate for the savings account will be 0.50% APY.
If you don’t already use M1, please come check out the platform now. They also offer the The Owner’s Rewards Card by M1. You can sign up here to get notified with the new Savings account goes live.
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