Exclusive Moomoo Promo: Get S$50 voucher plus up to S$2,266 in welcome rewards

By Beansprout β€’ 10 Oct 2024

Why trust Beansprout? We’re licensed by the Monetary Authority of Singapore (MAS).

Get a free $50 Fairprice voucher when you sign up for a Moomoo account via Beansprout. Also, receive welcome rewards worth up to S$2,266 from Moomoo.

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In this article

Summary of Moomoo Promotion

Snatch these exclusive rewards when you sign up via Beansprout

🎁  EXTRA $50 Fairprice voucher when you fund S$2,000

🧧  EXCLUSIVE S$20 Cash Coupon when you deposit S$100 and complete 1 buy trade

🀢 EXCLUSIVE S$60 Cash Coupon when you deposit S$20,000 

πŸ’°  Up to 6.8% p.a. return worth up to S$279 with Moomoo Cash Plus 

πŸ€‘  Additional 1x Tesla (TSLA) Stock when you deposit more.

πŸŽ„ Christmas Lucky Draw: Win up to S$1,500 trading cash coupon

The promotion will run until 6 January 2024.

moomoo december promo

Beansprout Exclusive Promotion for New Moomoo Users

Rewards

  • S$50 Fairprice 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 31 December 2024.

 

Moomoo Welcome Rewards Promo for New Users

Rewards and Requirements

  • Reward 1: Earn a return of up to 6.8% p.a.^ for 30 days when you deposit your funds into Moomoo Cash Plus. This means that you would be able to earn up to S$279 over 30 days for a S$50,000 deposit.
  • Reward 2 (Exclusive to Beansprout): Receive a S$20 cash coupon when you sign up via Beansprout, deposit at least S$100, complete 1 buy trade, and maintain assets of at least S$100 for 30 days.
  • Reward 3 (Exclusive to Beansprout): Receive a S$60 cash coupon when you sign up via Beansprout, deposit at least S$20,000, And maintain assets of at least S$20,000 for 90 days.
  • Deposit a cumulative amount of at least S$3000, complete 3 buy trades, receive 0.1 TSLA
    stock# (worth S$47). (need to maintain assets for 30 days)
  • Deposit a cumulative amount of at least S$10,000, complete 8 buy trades, receive 0.4 TSLA
    stock# (worth S$187). (need to maintain assets for 90 days)
  • Deposit a cumulative amount of at least S$100,000, receive 1 TSLA stock# (worth S$467).
    (need to maintain assets for 90 days)
  • Deposit a minimum of S$3,000 to enjoy the Christmas Giveaway lucky draw for 12 days, with winners potentially receiving up to S$1,500 in trading cash coupons. 

✨ Pro Tip: The Moomoo welcome rewards are stackable.

Steps to Take to Qualify for the Promotion:

1. Sign up for a Moomoo account 

2. Deposit fresh funds

3. Fulfill the conditions stated for the respective rewards. Read further to understand how each Welcome reward works.

The Moomoo welcome rewards are valid until 31 December 2024. 

Read the Terms and Conditions here and here.

How do the Moomoo welcome rewards work?

Reward 1 -  Moomoo Cash Plus return of up to 6.8% p.a. for 30 days

Deposit fresh funds into Moomoo Cash Plus.  

Moomoo SG will top up max 2.1% p.a. interest booster on top of your usual Cash Plus yield
within 7 working days after the end of your 30-day holding period. 

Cash Plus yield varies daily depending on the fund you have subscribed to. Final returns may or may not be 6.8%p.a.

Example: On 2/12/2024, Fullerton SGD Cash Fund is at 3.5% p.a.. The total returns you will get for the day will be 3.5% p.a. + 2.1% p.a. = 5.6% p.a.. 

You may purchase either USD Cash Plus or SGD Cash Plus, but the offer is only applicable to the first Cash Plus fund subscription.

Cash rewards will be given in SGD regardless of the fund chosen. For users who have invested
into CSOP USD Cash Fund, the SGD equivalent currency cash rewards credited will be based on
exchange rate of 1.34 (as of 27/11/2024).

Do note that your return on Moomoo Cash Plus will revert to the net return on the selected fund after 30 days, and all investments involve risks.  

The maximum subscription amount into any funds under Moomoo Cash Plus for this campaign is S$50,000//US$37,313 for each user.

The minimum subscription amount is SGD 0.01.

Read our Moomoo Cash Plus review here

Reward 2 - Receive S$20 cash coupon with a S$100 deposit

Receive an additional S$20 cash coupon from Moomoo when you sign up via Beansprout, deposit a cumulative amount of at least S$100, complete 1 buy trades, and maintain assets of at least S$100 for 30 days.

πŸ€“ Pro Tip: Subscription to Moomoo Cash Plus is considered a buy trade.

Reward 3 - Receive S$60 cash coupon with a S$20,000 deposit

Receive an additional S$20 cash coupon from Moomoo when you sign up via Beansprout, deposit a cumulative amount of at least S$20,000 within 30 days of registration & before the end of the campaign period & redeem rewards via the activity page within 7 days. Maintain assets of at least S$20,000 for 90 days.

Learn more about this promotion here.

Additional Rewards 

Deposit a cumulative amount of at least S$3000, complete 3 buy trades, receive 0.1 TSLA
stock# (worth S$47). (need to maintain assets for 30 days)

Deposit a cumulative amount of at least S$10,000, complete 8 buy trades, receive 0.4 TSLA
stock# (worth S$187). (need to maintain assets for 90 days)

Deposit a cumulative amount of at least S$100,000, receive 1 TSLA stock# (worth S$467).
(need to maintain assets for 90 days)

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:

βˆ’ Not able to invest with CPF/SRS funds

βˆ’ 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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