Pile your cash high with 5.00% APY¹
Earn 10x the national average on your cash with M1. No minimums. No monthly fees. FDIC insured deposits.
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What is an M1 High-Yield Cash Account?
A simple, powerful way to earn more on your uninvested cash.
Move money fast
Easily transfer between your bank and M1 investment accounts.
$5M FDIC insurance
Deposits are insured up to $5M through our partner banks.
Spend your way
Access funds when you need them with physical or virtual cards.
See how much your cash could grow
$
You could earn
$250.00
Earn together. Grow together.
Open a joint account to reach your shared goals faster. Manage everything from a single login.
Learn about joint accounts →
Automate your finances with Smart Transfers
Set rules to automatically move excess cash into your high-yield account or investments.
Your cash account questions, answered
What are the monthly fees?+
How does the $5M insurance work?+
Is there a minimum balance?+