Brokerage App Public and ID Platform CLEAR Launch Partnership
Public and Clear logos

Brokerage App Public and ID Platform CLEAR Launch Partnership

A FinTech trading app and a biometric identification company are teaming up.

About the partnership:

This week, Public and CLEAR announced a new partnership. Now, members will have the option of verifying their identity with CLEAR when opening a brokerage account with Public. As a result, Current CLEAR customers will also enjoy an expedited onboarding experience when opening a Public account.

As part of this partnership, Public is also offering a special bonus to CLEAR members who join the app. Those who have CLEAR Plus (the paid service used at select airports across the country) can sign up for Public will receive a $100 bonus in their Public account. Meanwhile, regular CLEAR members can earn a $50 bonus when they join Public. In both cases, customers will need to deposit at least $20 into their Public account to get started.

What they’re saying:

Commenting on the partnership, CLEAR CEO Caryn Seidman Becker said, “We believe that identity and security are integral to any financial platform and we are excited to expand our impact in the financial services industry with this partnership. CLEAR knows that you are always you and Public shares our core values of ensuring a secure, friction-free, and transparent experience at all levels of their platform.” Seidman Becker added, “We’re thrilled that soon our Members will be able to verify their identity for a faster and easier investing experience with a trusted community online.”

Additionally, Public co-CEO and co-founder Jannick Malling stated, “Public aims to be our members’ primary portfolio. We do this not only by enabling members to manage all assets in one place, but by giving them a magical experience along the way. The ability to open an account on Public in a minute or less not only creates growth for the business but also creates trust. CLEAR helps us achieve that.”

My thoughts:

First, I’ve been a CLEAR Plus customer for a few years now thanks to the credit that comes with my American Express Platinum card. In my experience, in tandem with TSA Precheck, the service has made sailing through airport security even faster. However, if I had to pay full price for the service — which is currently $189 per year — I don’t think it would be worth it seeing as I don’t use it more than a few times a year at most. On that note, if you do plan on signing up for CLEAR Plus and don’t already have TSA Precheck, I’d recommend checking out CLEAR’s new bundle where you can get 1 year of CLEAR Plus alongside 5 years of TSA Precheck for $199.95.

As for this Public/CLEAR partnership and offer, while it may be a little out of left field, I think it’s a win just because of the bonus that members can claim. The only disappointing part is that there’s currently no deal for people like me who already have CLEAR and Public (since the bonuses are limited to new Public customers). Perhaps that will change down the road and a Public customer discount could be installed, somewhat akin to how several airlines partner with CLEAR. In the meantime, if you don’t already have Public, then it may make sense to take advantage of this offer.

Author

Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

One Key credit cards and a woman on a boat

Wells Fargo Offering Enhanced Bonuses for One Key Cards

Wells Fargo has unveiled limited-time welcome offers for both of its One Key co-branded credit cards. About the bonuses: Those who have had their eyes on One Key's rewards credit card options may want to take advantage of the increased bonuses that are available now. Currently, new One Key cardholders can earn $400 in OneKeyCash after spending $1,000 in purchases on the card within their first three months. Meanwhile, those...
American Express Member Week March 17-21

American Express Announces March Member Week Celebration

In celebration of its 175th anniversary, American Express has announced that it will be hosting Member Week next month. About Amex Members Week: Amex is bringing back Members Week for 2025 — this time launching the affair in March as opposed to the traditional fall timeframe. This latest event also marks the first time the company has celebrated it since the 2023 edition. 2025's American Express Member Week will be...
Gasbuddy+ Mastercard

GasBuddy Introduces Pay with GasBuddy+ MasterCard Debit Card

The popular app GasBuddy is rolling out a new and improved version of its gas rewards debit card. About Pay with GasBuddy+: GasBuddy has announced the launch of the Pay with GasBuddy+ card. This debit card builds upon the previous Pay with GasBuddy card with some new features. Most notably, in contrast to the original card which could only be used at gas stations, the new product allows for purchases...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024

Top 10 Personal Finance Articles of the Month — September 2024

Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...