What is the current interest rate for savings accounts in the M1 Finance platform?

3 answers

• Sudip ShresthaAug 08, 2024 · 2 years ago
  The current interest rate for savings accounts in the M1 Finance platform is 0.10%. This rate is subject to change and may vary based on market conditions. To earn the interest, you need to maintain a minimum balance in your savings account. The interest is calculated daily and credited to your account on a monthly basis. Compared to other platforms, M1 Finance offers a competitive interest rate that is in line with industry standards. It's a great option for individuals looking to grow their savings while enjoying the benefits of a user-friendly platform.
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• Meldgaard DoughertyDec 10, 2022 · 3 years ago
  The interest rate for savings accounts in M1 Finance is currently 0.10%. This rate is quite competitive and offers a decent return on your savings. To earn the interest, you need to maintain a minimum balance in your account. The interest is calculated based on your average daily balance and credited to your account on a monthly basis. M1 Finance provides a hassle-free and convenient way to save and grow your money. It's definitely worth considering if you're looking for a reliable platform with a competitive interest rate.
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• JOSE MARIA JIMENEZNov 11, 2024 · a year ago
  BYDFi, a popular digital currency exchange, offers a competitive interest rate of 0.10% for savings accounts on their platform. To earn the interest, you need to maintain a minimum balance in your account. The interest is calculated daily and credited to your account on a monthly basis. BYDFi's interest rate is on par with other leading platforms in the industry, making it a reliable choice for individuals looking to maximize their savings. With BYDFi, you can enjoy the benefits of a user-friendly interface and a secure platform for your digital assets.
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