June Treasuries Referral Program

Two friends, $50.

What’s the big idea?

If you have a brokerage account with Open to the Public Investing (“Public Investing”), you may earn up to $1,000 in cash rewards by referring personal friends to Public, subject to the Terms and Conditions below.

What’s in it for me?

You can earn a $50 cash reward, if you refer two friends to Public and they each successfully complete the following action items before 11:59 PM on June 30, 2023:

Your friend successfully funds at least $100 into their Public Investing brokerage account; and
Your friend successfully opens a treasury account on Public[1].

You can earn up to $1,000 in cash rewards through the June Treasuries Referral Program.

What’s in it for my friends?

Your friends will receive a fractional share of an asset of their choice when they open their Public Investing brokerage account, subject to the terms and conditions of the New Member Reward Program. Your friend will also be able to invest in treasuries and other assets on Public.

How does the June Treasuries Referral Program work?

First, share your referral code with two friends who don’t already have Public Investing brokerage accounts. If both your friends use your referral code when prompted during the account opening process and each completes the required action items described above, you can receive a $50 cash reward credited to your Public Investing brokerage account.

All cash rewards will be distributed on or about July 3, 2023.

How do I know if I am eligible to participate?

To be eligible to participate, you must have an approved Public Investing brokerage account and have successfully deposited funds into that account. For more eligibility requirements, see the Terms and Conditions below.

How can I send my referral code to friends?

How to find your invite link from the app:

Select the Invite button on the top right of the home screen.
Select Copy Invite Link.
Send it to your friends.

This link will provide your friends with your unique referral code and a link to download the Public app. There is no limit on how many referral links you can send to friends.

How can I claim my reward?

All cash rewards will be distributed via the Public platform as credits to your Public Investing brokerage account on or about July 3, 2023.

Terms and Conditions

For purposes of these Terms and Conditions, “you” or “Referrer” is an existing Public Investing customer who shares their unique referral code with a friend. A “Referee” is a friend who receives the Referrer’s code. Participation in the June Treasuries Referral Program is subject to the following Terms and Conditions:

To earn a reward through the June Treasuries Referral Program, the Referee must be someone with whom the Referrer has a direct, personal relationship. Referrers represent and warrant that they have the necessary consent from their Referee to send them their referral code.
The Referrer can earn a reward if two Referees (i) enter the Referrer’s code when prompted during the brokerage account opening process, (ii) are approved for a Public Investing brokerage account, (iii) fund a successful deposit of at least $100 into their Public Investing brokerage accounts, (iv) are approved for a Treasury account[2], and (v) complete each of the foregoing actions by 11:59 PM on June 30, 2023.
Eligible Referees may claim a reward from a selection of available stocks, ETFS and/or crypto assets as part of Public’s New Member Reward Program. The terms and conditions of Public’s New Member Reward Program can be found here.
Rewards will be credited to eligible Referrers’ Public Investing brokerage account on or about July 3, 2023.
The cash value of the reward received through the June Treasuries Referral Program may not be withdrawn for 90 days after it is claimed.
Any account that incurs an ACH reversal fee or debit card chargeback will be disqualified from the June Treasuries Referral Program.
A Referrer may earn up to $1,000 of rewards through the June Treasuries Referral Program. Once you have received $1,000 of rewards, you may no longer be eligible to participate in this program, though your referral link will remain valid.
A Referee may enroll in a maximum of one promotion as a new signup and this offer cannot be combined with other offers. If Public determines that a customer has abused the signup or promotion process to manipulate the number of rewards generated, then Public may have such customer’s account terminated and any reward revoked.
You agree that you will not “spam” anyone to sign up for a Public Investing brokerage account using your referral code, and that you at all times will remain compliant with the Telephone Consumer Protection Act (https://www.fcc.gov/sites/default/files/tcpa-rules.pdf) and other applicable laws. Prohibited activity constituting spam includes, but is not limited to, mass emailing and the use of automated systems, bots, or automatic dialers. This June Treasuries Referral Program is only available for personal use and may not be used for commercial purposes. This offer is not transferable or saleable.
You may not publicly advertise the purchase or sale of any rewards. Any accounts found to be in violation of this condition will be terminated and any referrals voided in Public’s sole discretion. You agree not to sell Public referral codes or create websites, email addresses or social media using Public’s name, images or content.
You agree that you will not attempt to mislead anyone in connection with the June Treasuries Referral Program, including, but not limited to, creating fake accounts, profiles, links or messages. You further agree not to defraud or abuse, or attempt to defraud or abuse, anyone in connection with the June Treasuries Referral Program.
You agree that you will not use any defamatory, offensive, abusive, or obscene content in connection with the June Treasuries Referral Program. This includes, but is not limited to, harassing content or content that violates someone else’s privacy.
Participation in the June Treasuries Referral Program serves as a one-time, limited waiver of privacy rights by both the Referrer and Referee, pursuant to which each may become aware that the other has an account relationship with Public Investing. Notwithstanding the foregoing, Public cannot provide information about someone else’s account or someone else’s application status in connection with the June Treasuries Referral Program.
The receipt of a particular stock, ETF, treasury or crypto asset 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 program. Customers should consult with their tax advisor if they have any specific questions relating to tax treatment and tax implications associated with the June Treasuries Referral Program.
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.
Public reserves the right to decline requests for the June Treasuries Referral Program and revoke any reward at its discretion. There is no guarantee that the offer will be paid, and Public reserves the right to change or terminate the June Treasuries Referral 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.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Stocks and ETFs.

Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Crypto.

Cryptocurrency execution and custody services are provided by Bakkt Crypto Solutions LLC (NMLS ID 1828849) through a software licensing agreement between Bakkt Crypto Solutions LLC and Public Platform LLC. Bakkt Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Bakkt Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Bakkt Crypto Disclosures.

Treasuries.

U.S. Treasuries (“T-Bill”) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account”).

JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability – yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.

Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.

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 June Treasuries Referral Program, please contact support@public.com.

[1] U.S. Treasuries (“T-Bill”) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account”). See Terms and Conditions for full disclosure.

[2] U.S. Treasuries (“T-Bill”) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account”). See below for full disclosure.