Credit cards are typically known for offering travel rewards or cash back as their main incentive for consumers to use them. In recent months, earning cryptocurrency has become a new reward system for emerging credit cards.
But what if you could spend money at your favorite brands where you hold stocks, and be rewarded for it at a premium? That is what M1 Finance, an investment and banking platform, announced Wednesday.
By holding fractional shares of the below companies in your M1 brokerage account, you will earn the following cash-back rates: