{"slug":"m1-refer-a-friend","institutionSlug":"m1","category":"brokerage","product":"Refer a Friend","title":"M1: refer a friend","referrer":{"amount":75,"unit":"cash","display":"$75","targeted":false},"referee":{"amount":75,"unit":"cash","display":"$75","targeted":false},"cap":{"perYear":10,"window":"calendar year","scope":"person"},"taxForm":"1099-MISC","taxNote":"M1 states referral bonuses are considered miscellaneous income and may be reportable on Form 1099-MISC, or Form 1042-S where applicable.","linkSource":"Open Refer and Earn from your name on web or the Invest screen on mobile. It is only visible once your account is funded.","channels":["Share your referral link"],"requirement":"Deposit $10,000 within 30 days and hold it 30 more","posts":"Within 14 business days of your friend opening and funding an account.","status":"live","expiresOn":null,"verifiedOn":"2026-07-21","summary":"M1 pays $75 to each side once the new client deposits $10,000 and leaves it in place for 30 days. The cap is ten referral bonuses per calendar year, and the link keeps working after that without paying anything, which is worth knowing before you hand it to an eleventh person.","finePrint":["Past the cap your link still works but pays nothing. M1 states use of the link is not restricted, only the payment stops.","M1 hosts two referral terms documents on its own domain and they disagree. A standing PDF still says $10 while the live promotion page says $75. Read the live page.","The bonus pays into a designated non-retirement account you nominate.","A 90-day holding period applies before the bonus can be withdrawn externally.","M1 runs a separate referral on its High-Yield Cash Account paying an APY boost rather than cash, capped at two. It is a different program."],"ruleIds":["m1-referral-sharing"],"programDomain":"m1.com","programUrl":"https://m1.com/promo/referral/","sources":[{"label":"m1.com referral promotion terms","url":"https://m1.com/promo/referral/","checkedOn":"2026-07-21"}],"needsVerification":false}