What is the minimum amount of funding?
Treasury Accounts require a minimum and subsequent funding amount of at least $100 as investments in T-bills are made in ~$100 increments. Aggregate funds in your Treasury Account of less than $100 will remain in your Treasury Account as cash.
You are able to purchase T-bills with funds initiated from your funding source up to your instant deposit limit or you can purchase using your available buying power. Your Treasury Account, including T-bills and uninvested cash, is SIPC-insured up to $500k. Because it is an investment account, it is not FDIC-insured, as FDIC insurance only applies to bank accounts.
What is the maximum amount I can buy?
There is no maximum funding amount into your Treasury account. If you wish to deposit more than $50,000, please contact our Member Support team to discuss your transfer options.
Our member support team is available via in-app chat or email at support@public.com.
Disclosures:
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Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.
All U.S. Treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org. Banking services provided by Jiko Bank, a division of Mid-Central National Bank.
Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS.