Moomoo cash plus

[sohguanh]

Without promo I wouldn’t put in moo moo cash for the reason that there is delay in deposit and withdrawal. Up to 2 days delay in each process. Which means lost of interest for those days.

That is why need diversify mah. Some moomoo some elsewhere. You everyday eat economy rice stall? Cannot be correct? Same analogy.

 

[torrent06]

lidat what is the real returns of cash plus without the 6.8% guarantee?

just 20 cents per day Works out to about 2.4% ….. am I correct with my calculation?

Wealth - Cash Plus but note that the top displayed figure is annualised based on how the fund performed in the past 7 days.

 

[ekardo]

That is why need diversify mah. Some moomoo some elsewhere. You everyday eat economy rice stall? Cannot be correct? Same analogy.

very poor analogy leh..

 

[seowcc]

Without promo I wouldn’t put in moo moo cash for the reason that there is delay in deposit and withdrawal. Up to 2 days delay in each process. Which means lost of interest for those days.

I use Mari Invest now. Anything < $10k is immediate withdrawal. Else 1 biz day.

 

[always_first_time]

Does anyone know if we can redeem the cash fund straight away once we received the cash coupon for the 6.8% interest?

or we need to wait till we received the cash from the cash coupon?

 

[royalmix]

Does anyone know if we can redeem the cash fund straight away once we received the cash coupon for the 6.8% interest?

or we need to wait till we received the cash from the cash coupon?

You can redeem after it reach zero countdown, dun need to wait for coupon! If you scared, then wait lor!

 

[always_first_time]

I initiated the withdrawal of cash plus to my bank and it stated ‘usually arrives by 06/06/2024’! After that still need go through bank verification and fund transfer process

Didnt know it takes so freaking long now even for cash plus. Last time it only took 1 day (from redemption to cash in bank)

 

[sohguanh]

I initiated the withdrawal of cash plus to my bank and it stated ‘usually arrives by 06/06/2024’! After that still need go through bank verification and fund transfer process

Didnt know it takes so freaking long now even for cash plus. Last time it only took 1 day (from redemption to cash in bank)

Can I know 1 day settle get monies is during which era? 2022?

 

[seowcc]

Does anyone know if we can redeem the cash fund straight away once we received the cash coupon for the 6.8% interest?

or we need to wait till we received the cash from the cash coupon?

Can withdraw right away

 

[wutawa]

Can I know 1 day settle get monies is during which era? 2022?

i had withdrawn cash from my fullerton liquidity fund within mins.

 

[ekardo]

Can withdraw right away

Straight to your bank? U sure?

 

[torrent06]

I initiated the withdrawal of cash plus to my bank and it stated ‘usually arrives by 06/06/2024’! After that still need go through bank verification and fund transfer process

Didnt know it takes so freaking long now even for cash plus. Last time it only took 1 day (from redemption to cash in bank)

If you withdraw to a new bank account, it will take longer as verification is needed to make sure it is your bank account. I think this is also good as it means your money won’t be anyhow withdrawn to a third party account. moomoo has introduced the choice to withdraw to universal account (your moomoo account) or debit card (your bank account). It may be faster. I have not tried it yet.

 

[AvatarViper]

regarding the promotion 6.8%. after the promotion has ended for example after 20 days, can i withdraw and redeposit to earn back the 6.8%?

 

[sgdividends]

For those who withdrawal from cashplus to bank, they should entice you with cash voucher or some promo like 5%pa to cancel withdrawal

Can check if I have 100k , can I withdraw 200 sgd and cancel this when they entice me with cash voucher to keep this asset for 30 days , instead of withdrawing 100k and the same outcome ? Because the former only need to keep 200 sgd for 30 days instead of 100k

Is this how it works ? With small sum to cancel withdrawal instead of large sum ?

 

[sglandscape]

regarding the promotion 6.8%. after the promotion has ended for example after 20 days, can i withdraw and redeposit to earn back the 6.8%?

Nope

 

[sglandscape]

The moomoo cashplus, even without the 6.8% is pretty decent! However still hope they run another promo after July

 

[rob1977]

Rumors said 16july will start another 6.8 promo

 

[sglandscape]

Rumors said 16july will start another 6.8 promo

Oh! Need fresh funds vs end June? If so then

 

[sohguanh]

Rumors said 16july will start another 6.8 promo

But think rules may change liao. Mature must hold until coupon come then you can withdraw else no extra daily returns for you. We shall see what new rules they come out with.

 

[sgdividends]

But think rules may change liao. Mature must hold until coupon come then you can withdraw else no extra daily returns for you. We shall see what new rules they come out with.

I thought once countdown 0 can withdraw liao...the coupon will take a few days to come.

Where is this new rules where must hold till coupon come ?