New Member Reward Program

Let us help you get started! Sign up for Public.com and successfully open and fund an approved brokerage account to receive your first investment on us!

How does the New Member Reward Program work?

  1. Sign up for Public.

  2. Open an approved brokerage account with Open to the Public Investing (“Public Investing”).

  3. Deposit funds into your account.

  4. Claim your reward from the button on the top right of your home screen!

How do I know if I am eligible to claim my reward?

To be eligible to claim your reward, you must have an approved Public Investing brokerage account and have deposited at least $20 into that account. For more eligibility requirements, see the “Terms and Conditions” below.

A “reward” is a fractional share of a designated stock, ETF, or cryptoasset. You will only be able to claim a cryptoasset reward if you have successfully opened an account with Apex Crypto LLC.¹

Rewards are offered as fractional shares. Fractional shares have limitations, like limited or no voting rights, and are not transferable. See here to learn more about fractional share investing.

¹ Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto LLC is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto LLC is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. For more information, see Legal Disclosures, Apex Crypto.

How does Public choose rewards, and how much value can you claim?

You will be able to choose a reward from a pool of designated stocks, ETFs, and/or cryptoassets. Stocks and ETFs are designated from Public Investing’s inventory of settled shares. They are chosen from among the top 50 most popular stocks on the Public app and have a large market capitalization of $10 billion or more. Cryptoassets selected are currently available in all 50 states, are among the top 100 coins by market capitalization, and meet the NY Greenlist Standard.

The value of the reward you receive varies from $3 to $300 and may change from time to time based on market movements. Approximately 95% of participants will receive a reward with a value of $3, approximately 4.9% of participants will receive a reward with a value of $5, and approximately 0.1% of participants will receive a reward with a value of $300.²

² The range in value of rewards and the probabilities of receiving a reward with a specific value may change for limited times in connection with specific promotions.

How can I claim my reward?

Public 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.

Once you have claimed your reward, the cash value of the reward may not be withdrawn for 90 days.

Terms and Conditions

  • As a thank you for opening a brokerage account and successfully depositing funds into your account, you can claim a reward ranging in value from $3 to $300, which may change from time to time based on market movements. Approximately 95% of participants will receive a reward with a value of $3, approximately 4.9% of participants will receive a reward with a value of $5, and approximately 0.1% of participants will receive a reward with a value of 300.³

³The range in value of rewards and the probabilities of receiving a reward with a specific value may change for limited times in connection with specific promotions.

  • The value of the reward you receive is random. Stocks and ETFs are chosen from the top 50 most popular stocks on Public and all have a large market capitalization of $10 billion or more. Cryptoassets selected are currently available in all 50 states, are among the top 100 coins by market capitalization, and meet the NY Greenlist Standard.

  • The offer is limited to one redemption per person, and Public reserves the right to disqualify any claim, change the rewards and number of rewards offered, modify these Terms and Conditions, and terminate the offer at any time, each in its sole discretion.

  • If you want to share the good news with your friends, then your friends can earn their first investment on us, and you can earn a reward too. See here for details on the Public Referral Program.

  • Each of Public Investing and Apex Crypto LLC will use best efforts to credit your brokerage account or crypto account, as applicable, with your reward within 5 business days of qualifying for the offer. You have 60 days from the opening of an approved brokerage account to claim your reward. Your reward will expire after 60 days. Expired offers cannot be revived. The cash value of the reward you receive cannot be withdrawn for 90 days after it is claimed.

  • Any account that incurs an ACH reversal fee or a debit card chargeback may be disqualified from the New Member Reward Program and any other promotional offers.

  • You may not publicly advertise the purchase or sale of any reward. Any accounts found to be in violation of this condition will be terminated and any rewards voided in Public’s sole discretion. This program is only available for personal use and may not be used for commercial purposes. This offer is not transferable or saleable.

  • The receipt of a particular stock, ETF or cryptoasset through this program or the identification of a particular security in communications related to this program does not constitute an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Public Investing is not registered. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns.

  • The cash value of an offer may be required to be reported as “Other Income” on a Form 1099-Misc. Any gains or losses on the sale of the reward are reported as capital gains or losses. Public is not responsible for any taxes related to this offer. Customers should consult with their tax advisor if they have any specific questions relating to tax treatment and tax implications associated with this offer.

  • This program is only available to U.S. residents residing within the United States and who are otherwise qualified to open a Public Investing brokerage account. Employees or contractors, or people affiliated with Public or members of their household are not eligible for this offer. Employees of any securities or regulatory organization or exchange are not eligible for this offer. Other restrictions may apply as determined from time to time by Public in its sole discretion and without notice.

  • There is no guarantee that the offer will be paid, and Public reserves the right to change or terminate the New Member Reward Program or these Terms and Conditions at any time in its sole discretion and without notice.

  • If a customer requests the cancellation of their brokerage account with Public Investing but is restricted from doing so due to an unsettled offer, then the customer may forfeit the reward in writing. Public Investing will then revoke the face value of the offer and/or revoke the offer credit itself. If an account is closed due to violations of Public’s community guidelines or Terms of Service, Public Investing will revoke the face value of the offer and/or the offer itself from the customer’s account in order to close it. In cases of a forced closure, a formal request in writing from the customer is not required, and Public Investing reserves the right to revoke an offer at any time.

  • Similarly, if a customer requests the cancellation of their cryptocurrency account with Apex Crypto but is restricted from doing so due to an unsettled offer, then the customer may forfeit the reward in writing. The crypto offer will then be revoked, the reward liquidated at the prevailing market rate, and the resulting value removed from the customer’s account; the cash value will then be transferred to a customer’s brokerage account with Public Investing. If an account is closed due to violations of Public’s community guidelines or Terms of Service, the crypto offer will be revoked from the customer’s account in order to close it. In cases of a forced closure, a formal request in writing from the customer is not required, and an offer may be revoked at any time.

Securities trading services are provided by Open to the Public Investing, Inc., a wholly-owned subsidiary of Public Holdings, Inc. and a FINRA- and SEC-registered broker-dealer. Open to the Public Investing, Inc. is also a Member of Securities Investor Protection Corporation (“SIPC”). SIPC protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). More details, including an explanatory brochure upon request, are available at www.sipc.org.

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto LLC is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto LLC is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. For more information, see Legal Disclosures, Apex Crypto.

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. Customers 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 New Member Reward Program, please contact support@public.com.

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