The Moomoo Financial Inc. (MFI) Cash Sweep Program is a feature of your brokerage account. Interest is earned on the uninvested cash swept from your MFI brokerage account to program banks. Program banks then pay interest on your swept cash, minus any fees paid to MFI. The APY might change at any time at the program banks or Moomoo Financial s discretion. Additionally, any fees Moomoo Financial receives may vary and is subject to change. Neither Moomoo Financial Inc. nor any of its affiliates are banks.
*5.1% APY eligibility: All new user brokerage accounts are eligible. Existing user brokerage accounts must refer a friend to deposit $100+ OR deposit $500 in their own account to access the higher rate (if conditions are not met, non promo rate is 0.03% APY). Rates are subject to change. Additional terms & conditions apply.