Promotion 6.8% starting balance
Referring to the ongoing deposit promotion of 6.8%, I note from that the 6.8% applies to incremental funds compared to balance at ‘start of campaign’. Does this ‘start of campaign’ refer to the first day I registered for campaign or the day I made first subscription? For instance, if I have 10k balance on day I registered for campaign, then withdrew 5k on the next day, then on the third day I made first subscription of 20k, does 6.8% promo interest apply to (20-10) =10k or (20-5)=15k? Appreciate your clarification thank you.
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Dadacai : The first day of subscription. Where did you see that the bonus yield applies to incremental funds? That should be describing how to qualify for the campaign (need to maintain net deposit throughout the period) rather than the amount earning the 6.8%pa. Based on your scenario, your net deposit is 15K so you qualify for 20 days. The 6.8%pa is based on your daily subscription for the selected fund (existing and new) up to a max of 50K. moomoo.com/sg/s...
Yeoster28 : Would like to know too. I have registered for the campaign but not deposit any funds yet. I have $20k currently in total assets. If I withdraw $10k now, and then put in $50k tomorrow, and then subscribe to the cash fund, would I unlock the 20-day tier or the 40-day tier?
Dadacai Yeoster28: 20 days. -10K+50K = 40K. Deposits and withdrawals of assets after 1 Feb 10PM are counted even if they were done before registration so do check your funds details history.
Yeoster28 : Ok. Thank you.