What does 'initial subscription' mean in the 5.8% promo?
In a moomoo buddy post, it was mentioned that 'if the first fund selected is the Fullerton SGD Money Fund with an annualized yield of 3.7%, We will make up the difference to ensure an annualized yield of 5.8% for 30 days after your initial subscription.'
Initial subscription means, say, the first 10K I subscribed to? The 2nd, say, 5K, subscription to the same fund do not count towards the promo? Both 10K + 5K subscirptions on same day as separate times.
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Remoortel : yes, the first 10k
Moomoo Lily : @Moomoo Buddy Please assist, thanks.
Moomoo Buddy : Dear client, we have related promotion about 5.8% p.a. guaranteed return on Cash Plus for new client and existing client. Please feel free to contact us via MooMoo-Me-Customer Service-Online Inquiry or hotline (+65)-6321 8888 Thank you for your support! Have a nice day！
103659545OP : I've called Moomoo customer service and they confirmed that additional subscription, until 80K, are also attracting the 5.8% return. (Same fund and within 30 days from 1st subscription)
BlackChalk Moomoo Buddy: Hi, does the 30 days start on the day i subscribe or the day that the money is into the fund? because there is a few days from subscribe till the actual money going into the fund.
Moomoo Buddy BlackChalk: Dear client, during event period, the 5.8% p.a. eligibility takes effect after the first purchase of Cash Plus funds and is valid for 30 days. Thank you for your support!
BlackChalk : can you explain 1st purchase? is it the day i press subscribe or the day the fund is appears in the fullerton fund? if the 30 days start when we subscribe then we can never enjoy the full 30 days due to the time needed to do the transaction