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What fees are associated with Bond Accounts?
What fees are associated with Bond Accounts?
Updated over a week ago

There is a monthly account maintenance fee for Bond Accounts. The fee is $3.99 per month. Public Premium members enjoy a $0.00 monthly account fee. You can learn more about the benefits of Public Premium here. *Limited time offer: non-Premium members also benefit from $0 monthly account fees until 2025. Maintenance fees will be charged to non-Premium members beginning January 1st, 2025.

If your account is charged the maintenance fee and there is not enough cash in the cash balance of your Bond Account, Public will raise the cash by liquidating a bond position of $100 par value based on the Sell Order Methodology. The minimum amount that can be sold for a bond is $100 par value. The leftover cash will remain in the cash portion of the Bond Account.

In addition to the maintenance fee, for each purchase or sell made, standard bond markup/markdown rates apply. Buying and Selling $100 par value of any corporate bond incurs a $0.50 fee. For further details, visit our fee schedule or learn more here on how bond fees work.

For further questions regarding fees on your Bond Account, please contact Member Support via in-app chat or email at support@public.com.

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