Categories: Finance

Moomoo Now Offering 8.1% APY on Your Uninvested Funds

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Are you looking to maximize your savings and earn a high rate of return on your uninvested cash? Look no further than moomoo’s current offer, where you can earn up to 8.1% Annual Percentage Yield (APY) on your uninvested funds. This offer is not only better than most savings account products currently available, but it also provides a great opportunity to grow your wealth.

To take advantage of this offer, new users must enroll in moomoo’s Cash Sweep Program and deposit cash into their accounts by July 31, 2024. The promotion includes a 5.1% APY tied to the Cash Sweep account, with a coupon for a 3% APY booster rate that is available for up to three months. While there is no minimum deposit requirement, the maximum deposit amount to earn the promotional rate is capped at $20,000.

To qualify for the 8.1% APY offer, you must be a new moomoo user, open a brokerage account, opt into the Cash Sweep Program, have a valid Social Security Number, and be a U.S. resident who is at least 18 years old. The funds in the Cash Sweep program are insured for up to $1,000,000 through partner banks, providing added security for your savings.

With moomoo’s easy-to-use trading platform, you can access various markets and trade stocks, options, ETFs, and more. Plus, you can practice trading with paper trading before diving into real trading. Don’t miss out on this limited-time promotional offer from moomoo. Open an account today and start earning a top-tier APY on your uninvested cash.

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