moomoo US Help Center-Deposit Bank List and Rates
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Deposit Bank List and Rates

Last Updated: September 19, 2024

 

1. Participating Program Banks:

Bank United

Cadence Bank

East West Bank

Preferred Bank

Webster Bank

 

2. Interest Rate:

Eligibility

Only valid for US residents with a valid SSN who are at least 18 years old.

Must also be enrolled in the cash sweep program and have a cash balance available to earn interest.

Interest Rate*

Current customers of Moomoo Financial Inc. ("MFI") who HAVE made a deposit before November 3, 2023, 00:00 AM ET but have not met certain conditions to access the higher rate**.

0.03%

New customers of MFI who have not made a deposit before November 3, 2023, 00:00 AM ET.

4.6%

Other qualified existing customers of MFI that met certain conditions**

*The APY might change at any time at the partner banks' or moomoo Financial Inc.’s discretion.

**Existing user brokerage accounts must refer a friend to deposit $100+ OR deposit $500 themselves to access the higher rate (If conditions are not met, rate is 0.03%).