Moomoo Signup Bonus, 10 Free Shares and 8.1% APY
🔃Update: Now you can’t get up to 10 free shares:
- Deposit over $100 and get 5 free shares
- Deposit over $1,000 and get a total of 10 free shares
Offer ends November 30, 2024.
Trading app Moomoo has a new sign-up bonus that can net you 15 free shares and 8.1% APY on uninvested cash for three months. This offer is reserved for new users and is available until the end of November. See details below.
Offer details
Sign up now for a new Moomoo account and claim 8.1% APY and up to 15 free shares! Here’s how it works:
15 free actions:
-
- Deposit over $100 and get 5 free shares
- Deposit over $1,000 and get a total of 15 free shares
You must maintain an average asset of $100 or $1000 or 60 days to unlock these shares. Each free share can be worth between $2 and $2,000, but is often between $5 and $10.
8.1% APY:
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- Cash Sweep Base APY Rate: 5.1% APY
- APY Booster Rate: 3% APY for 3 months (90 days) after activation
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Important conditions
- Offer valid customers of Moomoo Financial Inc. (“MFI”) who:
- DID NOT open a brokerage account before May 29, 2024, 4:00 a.m. ET.
- HAVE opened a brokerage account, but have not yet made a deposit and plan to make the first deposit which will settle before November 30, 2024, 11:59 p.m. ET.
- HAVE opened a brokerage account, but have not yet made a deposit and plan to make the first eligible ACATS transfer which will settle before November 30, 2024, 11:59 p.m. ET.
- Existing brokerage clients who have already made deposits are not eligible for these promotions.
- Offer valid only for US residents with a valid SSN who are at least 18 years old.
- Promotion ends November 30, 2024, 11:59 p.m. ET.
Guru’s Conclusion
This is a decent bonus from Moomoo, but you need to keep the money in the account for at least 60 days in order to get the free shares. The good news is that you will still get a very good interest rate.