Earn $20.00 when you sign up or purchase and earn $10.00 when you refer someone to sign up or purchase
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M1 Referral Code Reward, Description, and Instructions for 2020
Everyone wants to have a financially stable life. Whether that means living within your budget, earning a passive income, spending on occasional treats, or having enough to support your family and their needs, people want to live without worrying where their next paycheck will come from. That is why it is important to set aside a part of your monthly income for investment.
The founders of M1 Finance recognise that for money to grow, people need to be proactive in managing their finances. Saving isn’t enough, and M1 helps people build wealth the way they want, through an online money management platform. Aside from helping people be smart about their money, M1 also helps you spread the knowledge through their referral programme.
The five-step process on how to use the code
Step #1: Sign-up for an M1 Invest account. To be eligible for the referral programme, you need to have a funded account; otherwise, the option for referrals will not show up in your dashboard.
Step #2: Open the Invest screen on your mobile app. If you are using a desktop computer or the M1 full website version, click on your name.
Step #3: Click on the silhouette icon in the app, or click on your name at the top right-hand corner of the screen. This will take you to the option for referrals; click Refer & Earn.
Step #4: Sign up for the programme and choose your payment account. That will generate a unique referral link that you can share with your contacts.
Step #5: Share the link via SMS, e-mail, social media, or your Chums Referral network!
If you are the person being referred, what you need to do is create an account using your friend’s unique referral link and fund your account within 30 days.
Details on the reward
A successful process will earn a $10 bonus for both the person referring and the one being referred. Note that the bonus will be reflected in the Payment Account within two weeks of the referred person signing up and funding their account.
If they opened a retirement account, they have to open a non-retirement one to receive the credit. Furthermore, note that referral bonuses will only come through if your unique link is used, so make sure you remind them to do so. Once your bonus is credited, you will also see it reflected in your account activities.
Alternatives to M1
● WeBull - This company helps people make smarter financial decisions and invest in the stock market. WeBull is a registered broker-dealer with the SEC, and is a member of FINRA and SIPC. Their referral programme lets you gain two free stocks for each new referral, valued anywhere from $12 to $1,400.
● Ibotta - Ibotta, a Colorado-based mobile technology company, helps users earn cashback on purchases made with their store. They have various referral programmes, some of which are tied to specific periods. For example, in June 2020, people who successfully refer their friends can get $100 for referring ten friends to Ibotta.
● Acorns - This is a subscription-based personal investment platform that lets people gain access to a personal financial management system for as low as $1 a month. Acorns also let you earn $5 after your friend completes their first investment of $5 or more.
● InboxDollars - This company has paid over $57 million in cash rewards to its users and has been around for about 20 years. You can earn $1 for every friend you successfully refer to their website, and there are also other ways for you to earn extra cash on their site
● Stash - This is an all-in-one consumer finance platform providing banking, finance education, and investing. It gives people a $20 sign-up bonus and provides the referrer with $5 for every new person they successfully recruit to the website.
Learn about other referral programmes through Chums Referral
It is never too early or too late to learn how to be smart about money. Companies like M1 provide people with a place where they can start being smart about their cash. What’s more, they give incentives for people to sign-up with them.
If you are looking for ways on how to earn passive income online, open an account with Chums Referral. Our community of more than 50,000 bargain hunters and discount lovers is the perfect place for you to share codes and referral programmes of every kind. Get our app from the App Store or Google Play Store today!