![]() Just click the “Account Transfer” button and upload a statement from whichever account you intend to use to transfer the money. The integration of the Smart Transfer feature empowers you to put your investing on autopilot with automatic transfers.Īlternatively, you can use traditional brokerage or retirement accounts to bring some of your funds on board. Many investors choose to set up a calendar-based automatic transfer every month to ensure that they continue to grow their portfolios. You can use an external bank account to fund your M1 Spend and M1 investment portfolio. Just click on the transfer tab to start sending money to your account. How to Deposit Your Money on M1 Spendīy far, the easiest way to deposit money into M1 Spend is to use a linked bank account. It’s a startlingly simple way of getting your money onto the investment platform to make that next winning investment. Remember, M1 is an online-only, digital banking platform, so it has no physical bank branches.īoth the interest-bearing checking account and the M1 pies platform work in harmony. ![]() You will need to link it to an existing bank account to make your first deposit. Furthermore, you can use it to invest in M1 Finance pies to help secure your financial future. Processing times are much faster than with conventional banks.Īfter opening your account, you are free to take advantage of all its features. The simple on-screen instructions allow you to open an FDIC-insured checking account in a matter of minutes. Just click “Open an Account” to initiate the process. You have the option to either create an account from your web browser or by downloading the mobile app. M1 Finance has made the account opening process as streamlined as possible to support its users. Occasionally, you may be required to upload some additional documentation, but this is far from the norm. In most cases, the application period is far more convenient than with a traditional bank. citizen, permanent resident, or green card holder is eligible to open a checking account.
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