Apply for The Owners Rewards Card by M1 Step-by-Step Guide

The Owners Rewards Card by M1 offers a refreshing alternative for you who are tired of credit cards that offer minimal rewards or limit your earning power. Designed with savvy spenders and investors in mind, this card lets you earn cashback that can be automatically reinvested into your M1 portfolio—a feature rarely seen elsewhere.

Whether you’re building credit, running a business, or want to get more out of your everyday spending, this card delivers financial flexibility with a smart twist. In this guide, we’ll show you how to apply for The Owners Rewards Card by M1 online and why it’s one of the most forward-thinking choices on the market.

What Is the Owners Rewards Card by M1?

The Owners Rewards Card by M1 is a credit card issued by M1, a financial services platform known for automated investing, borrowing, and banking. This card is primarily geared toward M1 Plus members, offering a unique cashback structure that ties rewards to your investments.

It’s a strong fit for individuals who want to earn while they spend, particularly if they hold stock in the companies they shop with. From premium users to everyday shoppers looking for modern tools, the M1 card delivers value beyond simple points or miles.

Standout Perks That Make a Difference

Let’s break down why this card might be a better choice than most alternatives available to U.S. consumers.

Up to 10% Cashback with Ownership Perks

Cardholders earn up to 10% cashback when shopping with brands they invest in through M1. This makes it one of the best cards for people looking to merge spending and wealth-building.

Automatic Investing of Rewards

Cashback earned can be automatically invested back into your M1 portfolio. This seamless reinvestment feature supports long-term financial growth.

No Annual Fee

Unlike many premium cards, there’s no annual fee to worry about. This is especially valuable for users who want maximum reward potential with minimal overhead.

Metal Card Design

The card comes in a sleek metal design, giving it a premium feel that matches its forward-thinking perks.

Advanced Mobile Access

With a user-friendly mobile app, you can track spending, manage rewards, and view investment growth in one place.

These benefits make The Owners Rewards Card by M1 especially appealing to digital-native users who expect more from their financial tools.

Consider These Trade-Offs

As with any card, there are a few downsides to consider. The most notable limitation is that you need an M1 Plus membership (which costs $125/year) to access the top cashback rates. Without it, the card loses much of its appeal.

Also, while the reinvestment feature is excellent for investors, it might not suit those who prefer traditional rewards like travel points or simple cashback.

There is also no introductory APR offer, so it’s not ideal if you’re planning a large purchase and want time to pay it off interest-free.

How to Apply for The Owners Rewards Card by M1 Online

Getting started is straightforward, especially if you already have an M1 account. Here’s a quick step-by-step guide:

1. Visit the Official M1 Website: Go to m1.com and log into your existing account or create one.
2. Navigate to the Credit Card Section: Hover over “Borrow & Spend” in the main menu and select “Credit Card.”
3. Review Card Features: Read through the rewards structure, membership requirements, and card design to ensure it fits your goals.
4. Click “Apply Now”: Hit the “Apply Now” button to begin your secure online application.
5. Complete the Application: Fill out personal, employment, and income information. You may be asked about your investing preferences.

Once submitted, most applicants receive a decision within minutes. If approved, your metal card will arrive in 7–10 business days.

Who Should Consider This Card?

This card is ideal for users already engaged in investing or those who want to start. Business owners, premium users, and anyone looking for smarter rewards will benefit the most. It’s also a great fit for younger adults aiming to build credit while developing better financial habits.

If you’re still working on building your credit, we recommend checking out our article, “How to Apply for Secured Chime Credit Builder Visa Credit Card“, which explores another fantastic option.

FAQs

Is there an annual fee?

The card itself has no annual fee, but M1 Plus membership (required for best rewards) costs $125 per year.

What credit score is needed?

A good to excellent score (typically 700+) improves your approval chances.

Can I use the card internationally?

Yes, and there are no foreign transaction fees.

How long does approval take?

Most applicants get a decision within a few minutes.

Why the M1 Owners Rewards Card Stands Out

From long-term investing to daily spending, The Owners Rewards Card by M1 is crafted for users who want more from their money. 

Few cards offer this level of integration between personal finance and smart investing. The Owners Rewards Card is better than most alternatives when it comes to modern financial tools and long-term value.

For more card comparisons and financial insights, visit our homepage at nswShop.com, where we break down the best credit options for every lifestyle.

Hugo