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Moomoo Is Offering 8.1% APY and Up to $1,000 in Nvidia Stock for New Users
Yahoo Finance· 2026-02-20 20:00
Core Insights - Moomoo is launching a promotional offer that combines high-yield savings and free stock incentives for new customers, with a limited-time promotion running until March 12 [1][2] Group 1: Promotional Offer Details - Eligible users can earn up to 8.1% APY on uninvested cash and receive up to $1,000 in fractional shares of Nvidia Corp based on their initial deposit [1][5] - The 8.1% APY is structured as a base rate of 3.35% APY on uninvested cash, plus a 4.75% booster coupon for a 60-day promotional period [3][4] - The booster applies to up to $20,000 in swept cash and must be manually activated through the app, with funds eligible for FDIC insurance [4] Group 2: Stock Incentives - Users making qualifying deposits can earn fractional shares of Nvidia stock, with amounts awarded based on deposit size [5][8] - The stock becomes fully unlocked after maintaining required average balances for holding periods ranging from 60 to 180 days [5] Group 3: Competitive Advantage - Moomoo's offer stands out by combining both cash yield and stock bonuses, appealing to new users and active traders [7] - This structure allows idle cash to earn interest while providing long-term exposure to Nvidia stock without requiring additional capital [7][9]
Moomoo Is Offering 8.1% APY and Up to $1,000 in Nvidia Stock for New Users - NVIDIA (NASDAQ:NVDA)
Benzinga· 2026-02-20 20:00
Core Insights - Moomoo is launching a promotional offer that combines high-yield savings and free stock incentives for new customers, available until March 12, allowing users to earn up to 8.1% APY on uninvested cash and receive up to $1,000 in fractional shares of Nvidia Corp based on their initial deposit [1][2] Promotion Details - The offer is specifically for first-time users and those who have opened an account but have not made their first deposit [2] - New users can earn a base rate of 3.35% APY on uninvested cash through the Cash Sweep program, with an additional 4.75% booster coupon available for a 60-day promotional period [3] - The total yield can reach 8.1% APY for two months, applicable to up to $20,000 in swept cash, with the booster needing manual activation [4] Stock Incentives - Users making qualifying deposits can earn free Nvidia stock as fractional shares, which become fully unlocked after maintaining required average balances for holding periods of 60 to 180 days [5] - The stock bonus is tiered based on deposit size, with specific amounts awarded for different deposit thresholds [9] Unique Selling Proposition - Moomoo's promotion stands out by combining both cash yield and stock rewards, appealing to new users who want to earn interest on idle cash while building a trading balance [7] - The structure allows active traders to earn interest on cash while waiting for trading opportunities, alongside receiving stock bonuses without additional capital outlay [7][10]