A $1,000 minimum investment into the Bond Account is required to meet the $100 minimum investment necessary to purchase all 10 bonds within the Bond Account portfolio allocation. Typically, individual bonds have minimums of $1,000 or more, but the Bond Account allows you to purchase 10 bonds for $1,000. While the first deposit minimum for the bond account is $1,000, any cash accumulated from further deposits, coupon payments, or uninvested cash will be reinvested via our Buy Order Methodology once the Bond Account cash balances exceed $100. Learn more about the Buy Order methodology here.
Individual fractional bond positions can also be purchased outside of the Bond Account for as little as $100. View more details about fractional bonds available direct in your brokerage account here.
For further questions regarding funding your Bond Account please contact Member Support via in-app chat or email at support@public.com.