Explaining Moomoo Cash Plus 5.8%* p.a. Guaranteed Returns Promo
Maximizing Rewards for New and Existing Users
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1. Introduction
Moomoo Singapore, the innovative trading platform, has introduced an exciting promotion called "Moomoo Cash Plus 5.8%* p.a. Guaranteed Return" which offers generous rewards for both new and existing users. This article aims to provide a comprehensive guide on how users can benefit from this promotional offer and maximize their rewards.
You may sign up for 🐮 Moomoo SG here at https://hmsg.link/sgmoomoo
Image 1: Moomoo Welcome Rewards for New Users
2. For New Users
Here's a breakdown of the Welcome offer and how to unlock various benefits for new users:
5.8% p.a. Guaranteed Return*: Upon subscribing to Cash Plus (SGD or USD), with a minimum of S$100, users can earn a 5.8%* p.a. Guaranteed Returns. This is calculated based on the Current Fund Return (e.g. 3.8% by MMF) and the Promo Return (e.g. 2% by Moomoo).
The Promo Return is credited as a lump sum to the Moomoo SG universal account within 7 business days after the 30-day subscription period ends.
The calculation for a 30-day maximum return is S$80,000 * 30/365 * 5.8% = S$380
Welcome Gifts: In addition to the cash rewards, new users can also enjoy exciting welcome gifts. These include a 1-year commission-free card for SG market trading and the chance to receive SE Stock (worth S$80^) or AAPL Stock (worth S$240) by fulfilling specific deposit and trading requirements.
Game Plan for New Users
To maximize rewards, new users can follow this strategy with a S$10,000 deposit:
Sign up and create a Moomoo universal account, complete the bank account linkage, and perform a test deposit (e.g. $1).
Once deposit is confirmed, proceed to deposit cumulatively to reach S$10,000.
With your S$10,000, make 7 BUY trades of any SG ETF since it is commission-free and can buy a minimum of 1 unit to meet the minimum S$1.
Both SE & AAPL stock coupons should appear frozen in “My Rewards” once the above steps are completed.
The remaining SGD Cash can subscribe to the Fullerton SGD Cash Fund to get 5.8%* p.a. for 30 days.
It is up to you whether you want to increase the subscription amount to the S$80,000 cap.
3. For Existing Users
Existing users can also participate in the Moomoo Cash Plus 5.8%* p.a. promo and earn substantial returns. To register, users should navigate on the Moomoo mobile app to "Me," select "Promotions," click on the "5.8% Banner" and proceed to "Sign up now" before depositing funds.
Or you can just click on this link https://invest.sg.moomoo.com/58nationalday
Image 2: Moomoo 5.8%* p.a. guaranteed returns for 30 days promo for Existing users
Rewards for Existing Users
The rewards for existing users are categorized based on the deposit amount and the number of BUY trades executed:
S$10,000 Deposit Tier: Users need to complete 5 BUY trades, and they can earn a maximum subscription reward of S$30,000, with a potential return of S$143.
S$50,000 Deposit Tier: Executing 7 BUY trades enables users to qualify for a maximum subscription reward of S$80,000, with a substantial return of S$380.
Additionally, existing users will enjoy a 1-year commission-free SG stock trading opportunity and Handling fee cashback from Moomoo SG, capped at S$200.
Image 3: Official FAQ from Moomoo Singapore
4. Frequently Asked Questions (FAQ)
The article also addresses some common queries users may have:
Net Deposit Calculation: The net deposit amount for S$10,000 and S$50,000 tiers is determined based on the start amount recorded when clicking on the "Sign up now" button for the 5.8%* p.a. promo banner. Users must ensure that their end amount is at least S$10,000 or S$50,000 more than the start amount (before they clicked “Sign up now”)
Eligibility for Existing Subscriptions: Existing subscriptions are eligible for the 5.8%* p.a. promo. Users can top up their existing funds to reach the qualifying deposit amount and enjoy the promotional yield.
30-day Timer: The 30-day subscription period begins when users subscribe to Moomoo Cash Plus after becoming eligible for the promo rate. Subscriptions made before 31 Aug 2023 can be carried over to September and still enjoy the 30-day period.
Multiple Subscriptions: Users can make multiple subscriptions cumulatively up to their relevant tier cap to avail of the benefits.
In conclusion, the Moomoo Cash Plus 5.8%* p.a. Guaranteed Return Promo is an attractive opportunity for both new and existing users to earn substantial rewards. By understanding the terms, maximizing deposit strategies, and utilizing the various features, users can make the most of this promotional offer from Moomoo SG.
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