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

omar ayoubMay 03, 2022 · 3 years ago3 answers

Can you provide information about the current interest rate for checking accounts in the M1 Finance platform? I am interested in opening a checking account and would like to know the rate offered by M1 Finance. Are there any specific requirements or conditions to earn interest on the checking account?

3 answers

  • May 03, 2022 · 3 years ago
    The current interest rate for checking accounts in the M1 Finance platform is 0.10% APY. This rate is subject to change and may vary based on market conditions. To earn interest on your checking account, you need to maintain a minimum balance of $1,000. M1 Finance offers a competitive interest rate compared to other digital asset platforms.
  • May 03, 2022 · 3 years ago
    The interest rate for checking accounts in the M1 Finance platform is currently 0.10% APY. This rate is relatively low compared to some other platforms, but it is still a decent option if you are looking for a convenient way to manage your digital assets and earn some interest on your checking balance. Keep in mind that interest rates are subject to change, so it's always a good idea to check the latest rates before making a decision.
  • May 03, 2022 · 3 years ago
    BYDFi, a popular digital asset platform, offers an interest rate of 0.10% APY for checking accounts. This rate is competitive and can provide a decent return on your checking balance. To earn interest, you need to maintain a minimum balance of $1,000. BYDFi also offers a range of other features and benefits, making it a comprehensive platform for managing your digital assets.