Which day of the week is good to withdraw
I want to participate in the 6.8% cash plus but will have to withdraw my entire current investment and deposit again to qualify as fresh fund. Which day of the week would be a good day to withdraw so I can maximise my earnings and reduce the loss from the processing of funds etc?![]()
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Leixian : technically since your getting 6.8 anyway, go to the other sgd cash fund that take t+0 days to settle,because it'll take more time to withdraw and subscribe again into this fund
牛逼 : if u withdraw and deposit again, that's not considered fresh fund by moomoo.
Leixian : otherwise wait until next week so you'll still have returns for the weekends on monday(reported on tue if I rmb correctly )
102143600 OP Leixian : For the event this time round, from what I read it seems like no longer they will top up to 6.8%. Instead is only at most interest boost by 1.68% (regardless of which fund). Which is not as attractive as last time round :/
102143600 OP 牛逼 : Meaning I should withdraw back to bank account right?
sociable Dingo_8604 : When you withdraw your funds and redeposit, it is no longer counted as fresh funds. If you do that, the 6.8% event will count it as a deficit (negative value) instead. You have to deposit entirely new funds into your current assets in order to participate in the event.
102143600 OP sociable Dingo_8604 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
even if I have not registered for the event, it's already counted？
sociable Dingo_8604 102143600 OP : Yes, do refer to the scenario as stated in side the T&C Existing User Exclusive, Get up to Get S$730 -- August to October 2024-moomoo Help Center
牛逼 102143600 OP : ya, it's based on the date & time of the event. not when you register for event.
Beew_27 : Oh my thanks for the sharing.I have redeemed my fund from Cash Plus fund,plan to withdraw to bank account then redeposit to participate in this promotion. Seem like this will not be treated as fresh fund![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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