M1 Unveils a Game-Changer: A High-Yield Savings Account with a Whopping 5.00% APY!
Hey there, finance enthusiasts! ? Get ready for some exciting news that’s going to rock your world. M1, the all-in-one finance app known for its automated investing, borrowing, and banking products, has just launched the M1 High-Yield Savings Account with an incredible 5.00% APY. Yes, you read that right, 5.00%! ?
M1’s High-Yield Savings Account: A New Era of Savings
M1’s new savings account isn’t just another product in the market; it’s a game-changer. With its 5.00% APY, it’s one of the highest-yielding savings accounts available today. But hold on, there’s a small catch – it comes with a fee. But don’t let that deter you; the benefits far outweigh the costs. ?
Extra Protection for Your Hard-Earned Money
Here’s the kicker – the M1 High-Yield Savings Account is insured up to a whopping $5 million. That’s a significantly higher level of protection than most financial institutions that only offer the standard FDIC insurance of $250,000. Plus, there’s no minimum deposit requirement and no cap on the interest-generating account balance. It’s all about giving you more control over your money. ?
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Special Offer: Three Free Months of M1 Plus!
To celebrate the launch of the M1 High-Yield Savings Account, M1 is offering three free months of M1 Plus for all users. If you’re already an M1 Plus member, you’ll see three free months added to the end of your subscription. After that, the regular membership pricing of $10/month or $95 per year will resume. It’s a win-win situation! ?
Not an M1 Plus Member? No Problem!
If you’re not an M1 Plus member, you’ll still earn an interest rate of 1.50% APY. And if you’re looking for the best interest rates available this month, you can earn up to 5.07% APY with savings accounts and 5.65% APY with CDs. It’s all about making your money work harder for you. ?
A Quick Note
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So, are you ready to take your savings to the next level with M1’s High-Yield Savings Account? Let’s make your money work harder for you! ??