M1 HIGH-YIELD CASH ACCOUNT

Rake in high yields on your uninvested cash. M1 High-Yield Cash Accounts are FDIC-insured up to $4.75 million.

Get a one-year APY boost

Open a new Cash Account and earn a boosted 4.50% APY for one year. That’s a 1.15% boost on M1’s standard rate of 3.35% APY. To qualify, fund your account with $10,000+ from an external bank account within 30 days of opening it. Promo T&Cs apply.

What is an M1 High-Yield Cash Account?

A High-Yield Cash Account is a cash reserve powered by your M1 brokerage account.

Instant transfers in M1 Move money with a tap when you’re ready to invest.

Unlimited withdrawals Get your cash whenever you need it.

Transfer up to $120,000 Make big moves when the time is right.

See how much your cash could grow

M1’s Standard APY
3.35%
M1 rates current as of September 2026

Initial Deposit
$

Time Period (months)
3 months

Recurring Deposit
$

Accrued Interest
$45.35

Earn together. Grow together.

Working toward shared goals? Grow your combined contributions in a Joint High-Yield Cash Account.

Tell your money what to do with Smart Transfers

Set rules for how money moves across M1.

• Save up to a goal and invest the rest
• Route dividend income from your portfolio to a High-Yield Cash Account
• Pay off your margin balance

Your cash account questions, answered

Are there any transfer limits?
There is no limit to the number of transfers to and from your Cash Account. However, you can only transfer a certain dollar amount per day. All clients with a High-Yield Cash Account have a daily ACH transfer limit of $50,000.

Is my money safe in a High-Yield Cash Account?
High-Yield Cash Accounts are FDIC-insured up to $4.75 million. M1 is a member of SIPC. Securities in your account protected up to $500,000.

How is interest calculated?
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal amount in your account each day. Interest is paid out monthly on the last day of the month.

What’s the difference between a High-Yield Cash Account and a High-Yield Savings Account?
M1 High-Yield Cash Accounts are powered by your Individual Brokerage Account, while M1 High-Yield Savings Accounts are managed by our partner bank, B2 bank. A High-Yield Cash Account requires a taxable brokerage account at M1. Learn more here.