(Update) Public Brokerage: Up To $10,000 Bonus

Update 12/18/24: Public just added support for IRAs too, and the bonus works for IRA transfers as well.Direct Link

Update 12/17/24: Offer is extended through 12/31/24

The Offer

Direct link to offer

Public is offering a bonus of up to $10,000 depending on the amount you transfer in.Funds need to be kept in Public account for at least 12 months.Bonuses are as follows:

Transfer $5,000 and get a $150 bonus

Transfer $25,000 and get a $250 bonus

Transfer $100,000 and get a $600 bonus

Transfer $250,000 and get a $1,000 bonus

Transfer $500,000 and get a $2,000 bonus

Transfer $1,000,000 and get a $4,000 bonus

Transfer $5,000,000+ and get a $10,000 bonus

The Fine Print

Cash bonus will be applied to qualifying accounts one (1) month after the transfer initiation date.

Transferred funds must stay in your Public account for at least 12 months or bonus will be revoked.

Valid for brokerage transfers and IRA transfers and IRA rollovers

You may not be eligible for this promotion if you previously participated in a Public promotion and subsequently transferred all or substantially all of your funds out of Public.

Our Verdict

They also offer to cover the fees if your old brokerage charges those ACAT-out fees.

There is a $75 transfer ACAT fee to transfer funds out if you end up leaving Public in the future (though it’s apparently only $25 if the transfer is to another APEX company).We’ll add this to list of best brokerage bonuses that are currently available.

Don’t forget about the $100 signup bonus for CLEAR members as well, details here.

Post History:

Public covers the cost if there’s a charge to transfer from your current brokerage to Public, assuming at least $500 is transferred.Up to $100 max per ACAT transfer.
Also note, this bonus is for ACAT (account transfer) only, and cash transfers which do not use ACAT will not qualify.(See this post for some tips.)
This offer is even for existing Public customers.
Thus, you can signup via the Swagbucks link and fund $5 to get a $16 bonus.Then start the transfer process to get the $150 – $10,000 bonus.
The bonus is reportedly posting quickly, just note that you need to leave the bonus funds in your Public account for the 6 month holding period as well.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by mycardopinions.
Publisher: Source link

Your email address will not be published. Required fields are marked*

Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.