Bits of Stock™: Boost Interchange Revenue with Stock Rewards

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Getting started

What You’ll Need

Be sure you are signed up for a Stock Rewards Checking Account with your banking provider.
Open the Bits of Stock page directly in your online banking portal.
Choose the stock you want to receive for your rewards and round-ups.
Start spending and earning fractional shares!

Choosing a Stock

Stock pick selector from the brokerage portal

You will be given a list of stock pre-selected by our partnering financial institution to designate as the primary company you will receive in fractional shares.
Make sure you pick your favorite stock, otherwise you will have the default stock selected by your account provider.
Once you choose a company, you will earn fractional shares of that company as rewards and round-ups for your spending.

Getting Rewarded

Refer to your account provider to see which transactions are eligible to earn fractional share rewards on.
When you spend money with an eligible card, you will get rewarded in fractional shares that you can redeem once you reach a certain threshold determined by your provider, e.g., $5.
Keep in mind that your provider will set a monthly cap on how much you can earn through rewards.

Redeeming Rewards

Button for redeeming your rewards

As you spend money and earn shares in your selected stock, you will accumulate rewards value to eventually reach the threshold determined by your provider.
Once you reach a certain amount of fractional shares as rewards, you can "Redeem" your shares, meaning the total will become available in your brokerage account.
With the Bits of Stock Instant Redemption process, your redeemed shares will immediately appear in your Bits of Stock Portfolio. If the market is closed at the time of redemption, don’t worry, Bits of Stock will handle it and process the redemption as soon as the market opens.
Keep in mind that it will take up to 2 business days for the shares to be settled and become tradable in your brokerage account. After that, you are free to buy, sell, or hold your shares. Bits of Stock gives you complete control!

As you spend money and earn shares in your selected stock, you will accumulate rewards value to eventually reach the threshold determined by your provider.
Once you receive a certain amount of fractional shares as rewards, you can "Redeem" your shares, meaning the total will become available in your brokerage account.
With the Bits of Stock Instant Redemption process, your redeemed shares will immediately appear in your Bits of Stock Portfolio. If the market is closed at the time of redemption, don’t worry, Bits of Stock will handle it and process the redemption as soon as the market opens.
Keep in mind that it will take up to 2 business days for the shares to be settled and become tradable in your brokerage account. After that, you are free to buy, sell, or hold your shares - Bits of Stock gives you complete control!

Learn more

Earning Round-ups

Round-ups work by rounding your purchase to the nearest dollar and investing the spare change into a pre-selected stock. For example, a $4.50 coffee results in a $0.50 investment into fractional shares.
You can choose to boost the investment amount with multipliers, taking the $0.50 mentioned earlier to $1 with a 2x multiplier or even $2.5 with up to a 5x multiplier.
Round-ups are transferred to your portfolio from the checking account on a daily or weekly basis depending on your preference.

As you spend money and earn shares in your selected stock, you will accumulate rewards value to eventually reach the threshold determined by your provider.
Once you receive a certain amount of fractional shares as rewards, you can "Redeem" your shares, meaning the total will become available in your brokerage account.
With the Bits of Stock Instant Redemption process, your redeemed shares will immediately appear in your Bits of Stock Portfolio. If the market is closed at the time of redemption, don’t worry, Bits of Stock will handle it and process the redemption as soon as the market opens.
Keep in mind that it will take up to 2 business days for the shares to be settled and become tradable in your brokerage account. After that, you are free to buy, sell, or hold your shares - Bits of Stock gives you complete control!

Learn more

Your Brokerage Account

The shares in your brokerage account are now yours to buy, sell or hold!
As you earn more fractional shares through eligible purchases, your redeemed shares will add to your current position in that same stock. This means that your fractional share amount surpasses 1 share and you can own whole shares of stock over time.
If you earn and redeem fractional shares of a different company, that new company will be held in your portfolio as a separate position.

Learn more