M1 Spend Visa® Debit Card: Earn Up to 1% APY
- Annual fee
- None
- Recommended credit
- No Credit Required
- Card network
- Visa
At a glance
The M1 Spend Visa® Debit Card provides M1 Finance customers with a streamlined approach to spending their available funds – and earning more with an eligible premium account. The Card earns up to 1% cash back and 1% APY on balances with a Spend Plus Account.
Our review of the M1 Spend Visa® Debit Card
If you’re looking for a versatile debit card that allows you to seamlessly manage your investments and spending, the M1 Spend Visa® Debit Card could be the perfect choice for you. As part of the M1 ecosystem, this card offers a range of benefits and perks that make it stand out from traditional debit cards.
How M1 Spend Works
To get started with the M1 Spend Visa Debit Card, you’ll need to open an account with M1 Invest, the brokerage platform that powers the M1 program. With M1 Invest, you can create a personalized investment portfolio with fractional shares and automated features, all with a low minimum balance requirement of just $100. This makes it easy to start using the M1 Spend Visa and enjoy its benefits.
Earn Up to 1% APY with M1 Spend Plus
For even more rewards and perks, consider upgrading to the M1 Spend Plus membership. This membership includes a $125 annual fee but offers exclusive benefits such as earning up to 1% APY on your holdings and 1% cash back on qualifying debit card purchases. Additionally, M1 Spend Plus members enjoy features like discounted loans through M1 Borrow, ATM fee reimbursements, and more.
Conclusion
Overall, the M1 Spend Visa® Debit Card is a powerful tool for investors looking to seamlessly manage their finances in one place. With the ability to earn rewards on your spending and access exclusive perks with the M1 Spend Plus membership, this card is a great choice for those looking to optimize their financial strategy.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- No annual fee
- Seamlessly integrates with M1's Invest and Borrow services
- Use the M1 Spend debit card anywhere Visa® is accepted
- Upgrade to M1 Plus for even more benefits and tools
Who this card may suit
- You already invest with M1 Finance
- You plan to subscribe to $125/year Spend Plus Account
- You want to earn 1% APY and 1% cash back at the same time
- You'd rather not pay expensive foreign transaction fees
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Foreign Transaction Fee | Up to 1% of the transaction amount in U.S. dollars |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Limited or No Credit.
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M1 Spend Visa® Debit Card
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