How does the Public Referral Program work?
If you have a brokerage account with Open to the Public Investing, Inc. (“Public Investing”) that has funds and is in good standing, then you may earn rewards by referring your personal friends and family members to Public Investing. For each friend or family member who makes a deposit of at least $1,000, you will both receive $100 in a stock or ETF of your choice subject to the Referral Program Terms & Conditions.
To qualify, the initial one-time deposit by your friend or family member must be in an amount of $1,000 or more. First, share your unique referral link with a friend or family member who doesn’t already have a Public Investing brokerage account. If your friend or family member: (1) uses your referral link to sign up for a Public brokerage account; (2) is approved for the account; and (3) successfully deposits at least $1,000 as an initial one-time deposit, then you will both get $100 in a stock or ETF of your choice subject to the Referral Program Terms & Conditions.
You may only refer people with whom you have a direct, personal relationship. You may not share your referral link (or otherwise solicit anyone) through spamming, commercial advertising, or other similar means.
How do I know if I am eligible to participate?
To be eligible to participate, you must have an approved Public Investing brokerage account in good standing and have already successfully deposited funds into that account. For more eligibility requirements, see the “Terms and Conditions” below.
How do I find my referral link to send to others?
Inviting friends and family to Public Investing is easy. Copy your unique referral link from the app, send it to your friends and family, and earn rewards.
How to find your invite link:
Click the Rewards button on the top right of the Portfolio page (or in the main sidebar menu)
Scroll down and click Copy link or Invite from contacts under the section labeled Earn free stock.
Send to your friends and/or family
This link will provide your friends with your unique referral code and a link to download the Public app.
Note that in order to protect member privacy, we aren’t able to provide information regarding another member’s account or deposit history as part of the referral process.
How does Public Investing choose rewards and how much value can you claim?
You will be able to choose an asset of your choice from a pool of designated stocks and ETF’s. selected by Public Investing. The value of the reward you receive will be $100 and may change from time to time based on market movements.
A “reward” is a fractional share of a designated stock or ETF. Fractional shares have limitations, like limited or no voting rights, and are not transferable. See here to learn more about fractional share investing.
How can I claim my reward?
Public Investing will alert you as soon as you are cleared to claim your reward. Tap on the notification and choose from one of the available rewards.
Product offerings and availability vary based on jurisdiction.
Before investing in an ETF, investors should consider the investment objectives, risks and charges, and expenses of the ETF before investing. Although ETFs are designed to provide investment results that generally correspond to the performance of their respective underlying indices, they may not be able to exactly replicate the performance of the indices because of expenses and other factors. A prospectus contains this and other information about the ETF and should be read carefully before investing. Members should obtain and review prospectuses from issuers and/or their third-party agents who distribute and make prospectuses available for review.
At Public, our mission is to open the markets to all. Trades are commission-free, meaning $0 commission trading on self-directed individual cash brokerage accounts that trade U.S. listed securities placed online. Other fees may apply. See Public’s Disclosures to learn more.
If you have any questions related to the Public Referral Program, please contact support@public.com.