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Public fees: the fine print
Broker · 7 of 8 facts found on official pages · every fact quoted and dated.
Full ACATS transfer-out fee
$100
"Outgoing ACAT: $100"
Partial transfer-out fee
$100
"ACAT transfers into and out of your account … Outgoing ACAT: $100"
Schedule doesn't split full vs partial.
Reverse split / mandatory reorg fee
$50
"Tender offer / reorg processing (domestic) … $50"
Plus a $0.99 'reverse split trading expedited processing' fee per sell order if you buy before a reverse split and sell within 90 days after it.
Fractional shares after a reverse split
Not published
We haven't found this on an official page yet.
Voluntary reorg / odd-lot tender fee
$50
"Exercise of voluntary corporate actions, including … $50"
Tender offer / reorg processing (domestic) is also $50.
DRIP (auto dividend reinvestment)
Yes
"Dividend reinvestment is available on all equity securities held at Public."
Unsellable fractions from dividends are sold for you at no cost.
Fractional share trading
Yes ($5 min)
"Public Investing will not accept … Fractional Share orders of less than $5.00."
$1 minimum inside an Investment Plan; not every security is eligible.
Rate on uninvested cash
3.30% APY
"Earn 3.30% APY on your cash with no fees. … As of 09/17/2026. Rate may change."
High-Yield Cash Account (a separate brokerage account). 3.75% with the paid Public Reserve subscription.
Questions
How much does Public charge to transfer an account out?
$100 for a full outgoing transfer; partial transfers: $100, per its official fee page.
Does Public charge a fee for reverse splits or mandatory reorganizations?
$50. Plus a $0.99 'reverse split trading expedited processing' fee per sell order if you buy before a reverse split and sell within 90 days after it.
What does Public charge for tender offers and other voluntary corporate actions?
$50. Tender offer / reorg processing (domestic) is also $50.