Moomoo cash plus

[sohguanh]

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 ?

You never read back a few pages har? It cause a lot of noise and moomoo later retract for an ongoing 6.8% promo. I wonder if that rule they retract will appear in next upcoming same 6.8% promo which I think maybe will.

 

[sp0inK]

I just received the 30 day 6.8% bonus coupon (for new moomoo sign up) and redeemed it.

Once redeemed, does this balance go into my moomoo universal account or into the fullerton fund holding?

 

[devion]

Today is public holiday for SG, should I redeem my cash plus subscription today or better to do it tomorrow?

 

[reflecx]

Today is public holiday for SG, should I redeem my cash plus subscription today or better to do it tomorrow?

Tomorrow after 12pm, otherwise you lose 3 days of 'interest'.

 

[heng_ah]

Tomorrow after 12pm, otherwise you lose 3 days of 'interest'.

You meant tomorrow BEFORE 12pm (for Fullerton SGD Cash Fund)?

After 12pm already passes the cut-off time and is considered next day transaction.

 

[reflecx]

You meant tomorrow BEFORE 12pm (for Fullerton SGD Cash Fund)?

After 12pm already passes the cut-off time and is considered next day transaction.

I have already mentioned, AFTER 12pm tomorrow to avoid losing 3 days of 'interest'. If redeem before 12pm, you will get Friday's NAV.

 

[Sambuca78]

I have already mentioned, AFTER 12pm tomorrow to avoid losing 3 days of 'interest'. If redeem before 12pm, you will get Friday's NAV.

if my 60 days end on a Fri, when should i redeem my cash plus subscription? Thanks.

 

[reflecx]

if my 60 days end on a Fri, when should i redeem my cash plus subscription? Thanks.

before Fri 12 pm - Thur's NAV, receive funds next trading day, which is normally Mon (Tue for this week)
after Fri 12pm - before Mon 12pm - Fri's NAV, receive funds on T+2, which is Tue
after Mon 12pm - Mon's NAV, receive funds on Wed

When you should redeem depends on whether you want your funds quicker or more 'interest'. Make sure your counter is 0 days before you redeem.

 

[linusz]

anyone still haven't subscribe 6.8? still can?

 

[rob1977]

Anyone participate Financial Advancement Challenge -- June 2024?​

 

[devion]

Wonder if there is some cutoff timing for withdrawals. I had 1 withdrawal done on Tues after 12pm & only got the funds on Thurs, I did another withdrawal today at 5pm & got it within 30mins.
Just to share.
Also the Fullerton liquidity fund redemption is 1 day while the cash fund takes 2 days.

 

[yslvlys]

Anyone participate Financial Advancement Challenge -- June 2024?​

Haha I think max I can only go to 500ksgd

 

[rob1977]

Haha I think max I can only go to 500ksgd

The worry is if u do tat then if July 2nd comes the 6.8 promo then u need to deposit more than 500k in order to be considered fresh fund?

 

[yslvlys]

The worry is if u do tat then if July 2nd comes the 6.8 promo then u need to deposit more than 500k in order to be considered fresh fund?

Yeah but we don't know if there will be 6.8 promo again.

 

[shingo86]

Is the "I Also Can" promo worth it?

I find the 60k tier yield like lesser than the 30k tier. Not sure if i am right.

 

[revhappy]

Is the "I Also Can" promo worth it?

I find the 60k tier yield like lesser than the 30k tier. Not sure if i am right.

Yes, it seems worth it, if you anyways plan to invest. Thanks for sharing. @wutawa @sohguanh

 

[ekardo]

Yes, it seems worth it, if you anyways plan to invest. Thanks for sharing. @wutawa @sohguanh

Requirement is only Deposit? Can do anything with the deposit like invest in stock or just put into the cash plus?

 

[sohguanh]

Requirement is only Deposit? Can do anything with the deposit like invest in stock or just put into the cash plus?

I read it seems to be only nett deposit means 10k sit inside earn nothing 30 days just to get the stock cash coupon which has a minimum order of S$300 which is over my per order usually so give it a miss for me

 

[revhappy]

I read it seems to be only nett deposit means 10k sit inside earn nothing 30 days just to get the stock cash coupon which has a minimum order of S$300 which is over my per order usually so give it a miss for me

10. After signing up and making a deposit, can I use my deposited assets for trading? And if I incur losses from trading, will it affect the calculation of my net deposit?

The deposited fresh funds after registration may be used for any sorts of trading (buying stocks). However if there are losses or gains from your trading during the 30 days holding period, it will not affect the calculation of your net deposit.

It says can buy stocks, not sure if can buy funds. Honestly I will just give it a shot.

 

[wutawa]

Yes, it seems worth it, if you anyways plan to invest. Thanks for sharing. @wutawa @sohguanh

ah, i dont even have $10k.