Public.com is a well-known brokerage similar to Robinhood, TD Ameritrade, and WeBull. They're registered with FINRA and SIPC, so you can rest assured that your money is safe on their platform.
Public.com is making it easy – and lucrative – to compare their platform to your existing brokerage. When you open a new account with Public and transfer assets via ACAT (Automated Customer Account Transfer – it's the industry standard and takes just a few days), you'll receive a cash bonus of up to $10,000! That's right, $10,000 simply for making the switch.
Keep in mind that this is a tiered offer based on the total amount you transfer. $5,000 will earn you $150, but it will take a $5M portfolio to earn the full $10,000. Also, transfers need to be via ACAT to qualify (cash transfers won't count), and the transferred funds need to stay in your Public account for at least 6 months or they'll claw the bonus back.
How To Earn The Bonus
The Public Brokerage Account promotion requires you to deposit and maintain a minimum balance in order to earn the up to $10000 bonus.
Full requirements to receive this bonus are:
- If you're not currently a Public customer, open a new account using our link.
- Transfer investments from your current brokerage into your Public account using ACAT: $5,000 to earn $150, $25,000 to earn $250, $100,000 to earn $600, $250,000 to earn $1,000, $500,000 to earn $2,000, $1M to earn $4,000, or $5M to earn the full $10,000.
- Cash bonus will be applied to your account one month after you initiate the transfer.
The fine print
- ACAT transfers made by new and existing members are eligible for this promotion.
- Cash and securities received via ACAT are eligible for this promotion. Public supports US equities (stocks and ETFS). Any other assets transferred will count towards the bonus amount but will be liquidated for cash.
- Assets that cannot be transferred via ACAT to Public include: fractional shares, crypto assets, alternative investments, options, OTC-traded securities, mutual funds, and bonds.
- All eligible ACATS received by Public during the promotion period will be aggregated for purposes of determining bonus entitlement.
- Transferred funds must stay in your Public account for at least 6 months or the bonus will be revoked.
How does this investment offer from Public compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
J.P. Morgan
Self-Directed Investing
- Bonus
- up to $700
- Account Type
- Investment
- Expires In
- 13 days
- Requires
- Min Balance
Why Public?
Public.com is a registered brokerage that offers the ability to invest in stocks, ETFs, and even cryptocurrencies. Unlike other brokerages, Public does not require a minimum investment, making it accessible to everyone. In addition, there are no account fees or commissions, so you can keep more of your money.
Public also offers a unique social platform where you can follow other investors, see what stocks they're buying and selling, and learn from their experience. With over 6 million members and counting, Public is quickly becoming the go-to brokerage for novice and experienced investors alike.
Brokerage Account
Opening a brokerage account with Public is a great way to invest in your future. Not only can you trade crypto, ETFs, and stocks, but you'll also have access to valuable research and tools to help you make the best investment decisions. And, because Public is a regulated brokerage, you can be confident that your money is safe and sound.Fees
Brokerage Account does not charge a monthly fee.