Feb 24, 2023, 00:00 SGT – May 31, 2023, 23:59 SGT
● The event is only available to the existing clients of Moomoo Singapore.
(Existing clients: clients who already have assets in their Mooomoo SG universal account before Mar 1, 2023, 12:00 SGT.)
● The event is only available to individual clients.
● Moomoo Singapore reserves the right to change the eligibility (eligible clients) of the event.
After entering the event page, each user can receive three different cash coupons. To unlock the frozen cash coupons, the user must complete the deposit/transfer task within 7 days and retain the assets in their accounts for 60 days. The 60-day counter begins after you deposit.
The user has a maximum of 90-day period to fulfil the 60 days requirement. Only fresh deposits/ stocks transfers are eligible for the event.
1. How to receive: Enter the event page and tap "Open" to receive three cash coupons of different denominations.
2. How to unlock: To unlock the coupons, you must complete the funds deposit or stock transfer task within 7 days and retain the assets in your account for 60 days.
3. Reward rules
Accumulated Deposit or Transfer Amount* | Cash Coupon** | Notes |
≥S$3,000 | S$20 | The rewards can be stacked. —If you make a one-time deposit/transfer of S$50,000 and retain it in your account for 60 days, you can unlock three cash coupons at once, totalling S$200. |
≥S$10,000 | S$50 | |
≥S$50,000 | S$130 |
*The accumulated amount will be calculated based on your initial deposit method (either funds deposit or stock transfer). Please stick to one method to complete your deposit.
**The accumulated deposit amount is calculated based on the net deposit amount during the event period (Net Deposit Amount = Amount Deposited – Amount Withdrawn). Net deposit amounts are calculated per transaction on a daily basis. If you made a full withdrawal or more than 50% withdrawal of your initial deposit during the event period and/ or have not maintained the required amount during the 60 day period, the frozen cash coupon will not be unfreezed.
**To be able to unlock and use the cash coupon, you must retain the assets in your account for 60 days after receiving the coupon. The maximum period for a user to fulfil the 60-day requirement is within the 90-day period.
Rewards Ineligibility
Should the user withdraw more than 50% of the freshly deposited amounts within the event period, the cash coupon rewards will be deemed ineligible for redemption.
1. How can I unlock my reward?
During the event period, you must complete the funds deposit or stock transfer task within 7 days after you unlock the coupon rewards. These assets must be retained in your account for 60 days from the date of initial deposit.
If you deposit/transfer S$3,000, you must keep your assets above S$3,000 for 60 days.
If you deposit/transfer S$10,000, you must keep your assets above S$10,000 for 60 days.
If you deposit/transfer S$50,000, you must keep your assets above S$50,000 for 60 days.
The account needs to maintain a daily asset balance of SGD 3,000 / 10,000 / 50,000 (calculation method: whether the daily assets for 60 days is ≥ S$3,000 / S$10,000 / S$50,000, including cash and stocks and other assets are included). Due to stock price fluctuations, the total asset value is allowed to drop by 20% from the stated amount.
2. Can the rewards be stacked?
Yes. When your accumulated amount of funds or stocks reaches a specific level, you will be offered the corresponding cash coupon reward.
For example:
If you make a first deposit of S$3,000 and keep your assets above S$3,000 for 60 days, the S$20 cash coupon will be unlocked. After that, if you make a further deposit of S$7,000 and keep your assets above S$10,000 for 60 days, you will be able to unlock the S$50 cash coupon.
If you deposit a total of S$50,000 and keep your assets above S$50,000 for 60 days, you will receive three cash coupons worth S$20, S$50, and S$130 respectively, totaling S$200.
3. Can I put my assets in my account via both funds deposit and stock transfer to unlock the rewards?
No. You can only choose one way to put your assets in your account: funds deposit or stock transfer. Otherwise, the rewards can't be unlocked.
4. What does a maximum 90-day period mean?
It refers to the maximum period for a user to fulfil the 60-day requirement.
For example: During the event period, user A deposited S$ 10,000 and fulfilled the first requirement of fresh deposits. User A received cash coupon rewards of S$ 70 in a frozen status.
Subsequently, user A withdrew S$ 2,000 on the 2nd day. With that, the total net deposit on the second day is S$ 8,000.
At the end of 60 days, User A will not have his frozen cash coupon unfreezed because there was a drop out on the 2nd day. As such, User A will need to maintain the S$ 10,000 asset for an additional day, on the 61st day before the frozen cash coupon will be unfreezed.
5. When does cash coupon rewards ineligibility occur?
If full withdrawal or more than 50% withdrawn from initial deposit during the event period.
For example: During the event period, if the user has deposited S$ 10,000 and has obtained the frozen S$ 70 cash coupon and subsequently withdraws more than S$ 5,000 (50% of the deposited amount) in the same event period, the cash coupon rewards will be deemed ineligible for use.
The terms and conditions, rewards and offers in this campaign/promotion are presented by Moomoo Financial Singapore Pte. Ltd. ("Mooomoo SG"), a wholly-owned subsidiary of Futu Holdings Limited. In Singapore, investment products and services available on moomoo are offered by Mooomoo SG regulated by the Monetary Authority of Singapore (MAS). The moomoo app is a trading platform offered by Moomoo Technologies Inc., a wholly-owned subsidiary of Futu Holdings Limited.
Mooomoo SG reserves all rights to terminate the campaign/promotion or change terms and conditions, offers, rewards without prior notice.In the event of dispute, Mooomoo SG reserves the right of final decision.
In the event of any inconsistency between these Terms and Conditions and any advertising, promotional, publicity and other materials relating to or in connection with this campaign/promotion, these Terms and Conditions shall prevail.
Mooomoo SG shall not be responsible for any injury, loss or damage suffered as a result of, or in connection with the campaign/promotion and/or redemption or use of the prize howsoever arising, including but not limited to, fulfilment of the prize(s), any breakdown or malfunction in any computer system or equipment, any notice which is misdirected and/or lost in the post, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties howsoever arising whether in contract, tort, negligence or otherwise. For the avoidance of doubt, cancellation, termination or suspension by Mooomoo SG of this Contest shall not entitle any party to any claim or compensation against Mooomoo SG for any and all losses or damage suffered or incurred as a direct or indirect result of the act of cancellation, termination or suspension.
Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this campaign/promotion, in particular those relating to the campaign/promotion prizes, are the property of their respective owners. Mooomoo SG is not providing any financial advice, endorsements or sponsorships to their products or services.
No content herein shall be considered an offer, solicitation or recommendation for the purchase or sale of securities, futures, or other investment products. All types of investments are risky and investors may suffer losses. All information and data on the website are for reference only. Past performance does not guarantee future results. This promotion does not take into account your investment objectives, financial situation or financial needs.
This advertisement has not been reviewed by the Monetary Authority of Singapore.