Tame down 6.8% promotion part II
Just a heads up to you guys for this stuff.
This totally doesn't make sense. Why doesn't the 60 days start the moment my first subscription of 120k went through with my fresh funds after joining the promotion. What's up with waiting for the 5 days "timer" to end before subscribing. Was it stated (or hidden in the T&C) anywhere. Should see whether this additional $1 triggers it.
This is kinda getting rediculous with the 60 days lock, reduced 6.8% haha. I guess I will just stick my funds into mari bank. All these transferring from mari to moo casue me to lose 4 days of NAV at about $40, not alot, but all these trouble for a loss is a bitter pill to swallow.
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Oxidixs : I fully agreed with you, I have the similar problems and I redeemed it out. It just doesn’t make sense for a promotion that have weird rules to follow.
Oxidixs : I’ve got back my redemption and I re subscribed today 15/08 and the date will be 19/08. I have lose several days… let’s see what happen after 19/08.
mirestige OP Oxidixs : I subscribe first on 8 Aug. Then without notification or what, didn't know about the timer, I have to message them to find out. I made my second transaction yesterday. It will only be completed on 19 August. Meaning just like that the 60 days start 10 days later. Effectively I have to lock my funds for 70 days. Kinda scammy.
Rather place my funds in mari invest, the gain is about the same. Take one business day to receive NAV, and just one business day to withdraw. This Fullerton cash funds take at least 3 to 4 working days for despoit and withdrawal to realised. The new "6.8%" and fresh funds are not attractive anymore to worth the trouble. Especially minus the opportunity lost from transfer here and there subscribing and withdraw
mr_cashcow : Ya last time it wasn't so complicated, now just as confusing as bank promos