[Updates] Public Brokerage: Up To $10,000 Bonus – Doctor Of Credit

Update 1/5/23: Bonus is still around through 1/31/23, but the bonus tiers are lower (ht Jay):

Update 10/29/22: Tiers are changing from 11/1/22. In addition you’ll need to hold the funds for 9 months (previously 6 months).

Update 9/15/22: End date of 12/31/22 has been added.

A few updates 9/8/22 from Chuck:

1. Public covers the cost if there’s a charge to transfer from your current brokerage to Public, assuming at least $500 is transferred. Up to $100 max per ACAT transfer.
2. Also note, this bonus is for ACAT (account transfer) only, and cash transfers which do not use ACAT will not qualify. (See this post for some tips.)
3. This offer is even for existing Public customers. Thus, you can signup via the Swagbucks link and fund $5 to get a $16 bonus. Then start the transfer process to get the $150 – $10,000 bonus.
4. The bonus is reportedly posting quickly, just note that you need to leave the bonus funds in your Public account for the 6 month holding period as well.

The Offer

Direct link to offer

• Public is offering a bonus of up to $10,000 depending on the amount you transfer in. Funds need to be kept in Public account for at least six months. Bonuses are as follows:
  • Transfer $5,000 – $24,999 and get a $150 bonus
  • Transfer $25,000 – $99,999 and get a $500 bonus
  • Transfer $100,000 – $499,999 and get a $2,000 bonus
  • Transfer $500,000 – $999,999 and get a $5,000 bonus
  • Transfer $1,000,000+ and get a $10,000 bonus

The Fine Print

• Cash bonus will be applied to qualifying accounts one (1) month after the transfer initiation date.
• Transferred funds must stay in your Public account for at least 6 months or bonus will be revoked.

Our Verdict

There is a $75 transfer ACAT fee to transfer funds out. One of the better brokerage bonuses that is currently available, although I’m not that familiar with Public so feel free to discuss in the comments.