How to earn 6.8% p.a. guaranteed returns with Moomoo SG promotion

By Beansprout • 18 Jun 2024 • 0 min read

Moomoo SG is offering a guaranteed return of 6.8% p.a. with Moomoo Cash Plus.

moomoo sg promotion june 2024
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Moomoo Cash Plus 6.8% p.a. guaranteed return for 30 days

Earn a guaranteed return of 6.8% p.a. when you deposit your funds into Moomoo Cash Plus. 

The 6.8% p.a. annualised yield is only valid for 30 days. 

The maximum subscription amount into any funds under Moomoo Cash Plus for this campaign is S$80,000 for each user. The minimum subscription amount is SGD 0.01.

This means that you would be able to earn up to S$447 for a S$80,000 deposit. 

moomoo cash plus promotion jun 2024

Guide to Moomoo Cash Plus 6.8% p.a. guaranteed return for 30 days

moomoo cash plus

To participate in the promotion, you will have to deposit fresh funds into Moomoo Cash Plus. 

Moomoo Cash Plus aims to generate potential returns for your idle cash with greater flexibility. When you put your money into moomoo Cash Plus, you have a choice of investing in either the Fullerton Cash Fund (Singapore Dollar) or the CSOP USD Money Market Fund.

New clients can buy either the SGD fund or the USD fund, but the promotion only applies to the first fund they choose, i.e., they can only enjoy a 6.8% annualized yield on the first fund they buy.  

Learn more about Moomoo Cash Plus with our Moomoo Cash Plus review

How does the Moomoo Cash Plus 6.8% p.a. guaranteed return for 30 days work?

Moomoo SG will reimburse the returns to 6.8% p.a. in cash rewards if the underlying fund returns is below 6.8% p.a. 

If the first fund, Fullerton SGD Fund chosen by a new user has a 3.9% annualized yield return, Moomoo SG will make up the difference to ensure a 6.8% annualized yield for 30 days after your first subscription.

Where the fund chosen has returns higher than 6.8% annualized yield, full annualized yield as per the underlying fund's returns will be given accordingly.

The additional bonus (i.e. difference between 6.8% p.a. and the underlying fund return) will be credited in lump sum to your Moomoo SG universal account as cash rewards within seven business days after the 30-day period ends.

Do note that your return on Moomoo Cash Plus will revert to the net return on the selected fund after 30 days.

Moomoo SG only guarantees up to 30 days 6.8% p.a. return. Principal amount is not guaranteed. All investments involve risks.  

The full terms and conditions can be found here.

 

Beansprout Exclusive Promo

Beansprout Exclusive Promotion for New Moomoo Users

Rewards

  • S$50 Fairprice or Grab voucher 

Requirements:

  • Applicable to new users of Moomoo
  • Sign up for an account via Beansprout
  • Fund at least S$2,000

✨ Pro Tip: 

The Beansprout exclusive promotion is stackable with the Moomoo welcome rewards.

 

Steps to Take to Qualify for the Promotion:

1. Sign up for an account via Beansprout. Click here to learn how to setup and fund your Moomoo account

2. Fund at least S$2,000 into your Moomoo account

3. Submit your contact information via this Google form after you have funded your account

The promotion will run until 23 July 2024.

 

Moomoo Welcome Rewards Promo

Welcome Rewards for New Users

 

moomoo welcome bundle rewards 1

Rewards and Requirements

  • Reward 1 (Basic): Receive a stock bundle worth S$70 when you deposit a cumulative amount of S$3,000 or more, and complete 3 buy trades
  • Reward 2 (Upgraded): Receive 3 stock bundles worth S$210 when you deposit a cumulative amount of S$10,000 or more, and complete 8 buy trades
  • Reward 3 (Maximum): Apple share (worth S$243) when you deposit a cumulative amount of S$100,000 or more, and maintain assets for 90 days
  • Applicable to new users of Moomoo

✨ Pro Tip: 

The Moomoo 6.8% promotion and welcome rewards 1,2, and 3 are stackable.

 

Reward 1 (Basic) – Maintain daily assets of S$3,000 for 30 days to unlock free stock bundle worth S$70

Receive a stock bundle worth S$70 when you deposit a cumulative amount of S$3,000 or more, and complete 3 buy trades.

Buy trade is defined as the action of buying of stocks, ETFs or funds only. The minimum trade amount per transaction needs to be at least S$1.

Each stock bundle consists of fractional shares in Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Sea Limited (SE), and NIO (NIO).

moomoo stock bundle
Source: Moomoo

After the conditions are met, you will need to click "Claim" on the landing page and a Tesla fractional shares will be issued to your account.

Thereafter, you will need to maintain daily assets of S$3,000 for 30 days before the stock will be unfrozen and credited to your account. 

Reward 2 (Upgraded) – Maintain daily assets of S$10,000 for 90 days to unlock another 3 x free stock bundles worth S$210

Receive 3 stock bundles worth S$70 each or S$210 in total when you deposit a cumulative amount of S$10,000 or more, and complete 8 cumulative buy trades. 

If you have previously fulfilled the conditions for Reward 2, you can use them to meet the criteria for Reward 3 too i.e. you will just need to make 5 more buy trades while maintaining daily assets of S$10,000 for 90 days.

After the conditions are met, you will need to click "Claim" on the landing page and the three stock bundles consisting of fractional shares in Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Sea Limited (SE), and NIO (NIO) worth S$70 each will be issued to your account.

Thereafter, you will need to maintain daily assets of S$10,000 for 90 days before the stock will be unfrozen and credited to your account. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount. 

Reward 3 (Maximum) – Maintain daily assets of S$100,000 for 90 days to get 1 free Apple share

Receive 1 free Apple (AAPL) share (worth about S$243) when you deposit a cumulative amount of at least S$100,000 and maintain assets for 90 days.

The reward value will fluctuate based on market conditions. 

 

Moomoo at a Glance

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Pros:

✚ Competitive fees for trading US and Singapore stocks

✚ Offer access to money market funds through Moomoo Cash Plus

✚ Attractive sign-up promo

✚ Licensed by the MAS

Cons:

− Not able to invest with CPF/SRS funds

− No access to London Stock Exchange

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What else do I need to know about the Moomoo Promo?

Apart from the welcome rewards above, you will be able to receive the following as a welcome gift

  • Lifetime commission-free in the U.S. stock market*

  • Free Level 2 US stock market data

  • Free Level 1 Singapore Market Data

  • Free Level 1 China A-share market data

  • 1 Year commission-free for SG market (includes only stocks, etfs and reits)

Don't miss out on the best promos

Interested in the best promos this month? Check out other deals happening right now

Have a question about the Moomoo promo? Ask away at the Beansprout Telegram Group or email us at support@growbeansprout.com.

*T&Cs apply. All investments involve risks and are not suitable for every investor. 

This article contains affiliate links. Beansprout may receive a share of the revenue from your sign-ups to keep our site sustainable. You can view our editorial guidelines here.

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