There are multiple M1 Finance promotions available:
- Transfer bonus: Available to both new and existing customers. Valued between $250 and $10,000. The minimum transfer to qualify for this promotion is $50,000.
- New customer bonus: A deposit bonus valued between $75 and $500. The minimum deposit required for this promotion is $10,000.
- Referral bonus: A referral bonus that pays you $100 when you deposit $5,000.
M1 Transfer Bonus: Up to $10,000
New and existing M1 Finance users can earn up to $10,000 when making a qualifying transfer from another brokerage into an M1 Invest account.
Importantly, both brokerage and retirement accounts are eligible for this promotion.
To qualify, you need to make a minimum of $50,000 in aggregate transfers during the promotional period, which ends February 28, 2023. This means you can rollover multiple 401(k)s to qualify, as long as the total value exceeds $50,000 before the deadline.
| Transfer Value | Bonus |
| $50,000 – $249,999 | $250 |
| $250,000 – $499,999 | $1,000 |
| $500,000 – $999,999 | $2,000 |
| $1,000,000 – $1,999,999.99 | $4,000 |
| $2,000,000 or more | $10,000 |
Note that all bonuses for this promotion will be paid out on December 5th, 2023.
This offer cannot be combined with any other M1 offers.
Get the M1 Finance transfer bonus with this link.
M1 New Customer Bonus: Up to $500
New M1 Finance users can earn up to $500 for making a qualifying deposit within 14 days of opening an M1 brokerage account. Retirement accounts are not eligible for this promotion.
Bonus amounts are based on the total amount deposited within 14 days after opening an account.
| Deposit Amount | Bonus Value |
| $10,000 – $29,999 | $75 |
| $30,000 – $49,999 | $150 |
| $50,000 – $99,999 | $250 |
| $100,000 or more | $500 |
Important! Using an M1 referral link to sign up disqualifies you from this promotion.
You must maintain the balance of your initial deposit within your M1 Invest account until the bonus has been paid out (declines in share price do not count against you).
Payouts for this bonus are made to your M1 Invest account on the last day of the sixth month after signing up. So if you sign up in January, your bonus will be paid on July 31st.
Get the M1 Finance new customer bonus with this link.
M1 Referral Bonus of $100
M1 allows existing users to refer friends and family. Both parties will earn $100 once a deposit of $5,000 has been made into a new M1 Invest account.
Brokerage and retirement accounts are both eligible for this referral bonus.
The referral bonus payment is issued 30 days after qualifying funds have been deposited.
You must use a referral link — such as our M1 Finance $100 referral link — to qualify.
This promotion cannot be combined with any other new customer deposit bonuses.
M1 Finance Promotions: Final Verdict
M1 is one of our favorite brokerages thanks to its low fees and automated portfolios that make diversification easy for beginning investors. You can read our M1 Finance review to learn more.
Their various offers qualify them as one of the best brokerage offers available.
If you’re looking to move from a high-cost provider or have some old 401(ks) to rollover, this is a great way to get some extra cash added to your account.
Here are the respective links for the promotions:
- M1 Finance transfer bonus (up to $10,000).
- M1 Finance new customer bonus (up to $500).
- M1 Finance $100 referral link.
