Introduction of PO Mileage Program
SBI Securities, headquartered in Minato, Tokyo, has exciting news for investors. Scheduled for launch on
May 9, 2025, the company will roll out the
PO Mileage program, allowing customers to earn
reward points with every purchase of stocks through public offerings (PO). This initiative stands as a first among major securities firms in Japan, aiming to enhance investor engagement and participation in the securities market.
What is PO?
Public offerings, or
PO, refer to the act of companies selling additional shares of stock to the public while already being listed on the stock exchange. This practice opens the door for many investors to participate in stock ownership, offering benefits such as lower purchase prices and zero transaction fees, appealing features for those looking to minimize investment costs. With these advantages, public offerings present a favorable opportunity for investors seeking reliable returns.
PO Mileage Benefits
The upcoming
PO Mileage program not only brings these existing benefits but adds a new layer of incentive. Investors purchasing stocks through PO will earn
0.2% of the purchase amount as common points that can also be utilized for further investments. This scheme is designed to create new investment opportunities for an array of investors, ultimately aiding them in wealth accumulation.
Target Audience
The PO Mileage program is exclusively available to customers using the
Internet Courses, including those with call center support. Unfortunately, those enrolled in other courses, such as the Direct Course or face-to-face consultations, will not qualify. Moreover, some customers who opened accounts through financial product intermediary businesses may also be ineligible.
Details of Point Allocation
- - Point Allocation Rate: Generally set at 0.2% (note that JAL miles will be at 0.1%)
- - Calculation Basis: Points will be calculated as the total transaction amount for the PO stock multiplied by the allocation rate. Each transaction can earn up to 100,000 points or 50,000 JAL miles.
- - Points Distribution: Customers will receive their points by mid-month following the transaction. It’s important to set a primary points allocation beforehand to qualify for these rewards.
Commitment to Service Quality
SBI Securities firmly believes in encouraging broad public participation in the securities market. The company pledges to pursue continuous enhancements in service quality while maintaining its customer-centric management philosophy. The aim is to provide
the best services at the lowest industry fees, ensuring every investor has access to the best tools and benefits available.
The specifics of the PO Mileage program, including terms and conditions, can be found on the SBI Securities website. Investors are encouraged to stay informed about this new initiative designed to benefit them significantly.