u/NoAcanthocephala6261

"An update to your M1 High-Yield Savings Account"

Got an email with this subject line and my first thought was, FML, not again. I thought they might be abandoning the product and that I’d need to move all my bill autopays to another account, but luckily it looks like nothing much is actually changing.

I have a HYSA account with B2 (I think M1’s own bank), and I know they stopped allowing new members some time ago. Have there been any updates on that? Are they planning to reopen it to new members, or are they shifting more toward the CMA instead? If B2 isn’t really part of their long-term plan, I’d rather close it now than later.

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u/NoAcanthocephala6261 — 2 days ago