Moo Moo financial bonus compared to other bonuses offered by trading platforms

Andrew_Jackson_FTW

Diamond Member
Joined
May 12, 2022
Messages
12,635
Reaction score
11,039
Points
2,138
Moo Moo financial is a relatively new global trading platform that has about 25 million global users… Similar in number of users compared to Robin Hood.

I only recently found out about moo moo’s offer of 8.1% interest rate on uninvested funds for three months and they are giving new customers up to $1000 in Nvidia stock…. i’m moving most of my funds from Robin Hood into moo moo to get the interest rate for three months and $1000 in free Nvidia stock. It’s a no-brainer. If one has money sitting around doing nothing and they are guaranteed to get extra money might as well take advantage of it imo.

Now one thing I’m not too certain about is a possible cap on the 8.1% interest on uninvested funds on moo moo …. With one site saying the 8.1% interest is capped at 20,000$ with the remaining amount whatever it is getting a 4.1% interest rate. I’m gonna look into clarification on this tomorrow when I call Moo Moo.

There was also a transfer bonus if you transfer from one trading platform into Moo Moo. IE cash from Robin Hood or Charles Schwab into Moo. And that is I believe 3% but again I believe it is capped at 20,000$

Anyways, what I like about this platforms bonus the most is the free Nvidia stock. But you do have to deposit 50,000 to get the 1000.

IMG_4697.webp



Anyone here know about bonus offers from other trading platforms?
 
Last edited:
Moo Moo financial is a relatively new global trading platform that has about 25 million global users… Similar in number of users compared to Robin Hood.

I only recently found out about moo moo’s offer of 8.1% interest rate on uninvested funds for three months and they are giving new customers up to $1000 in Nvidia stock…. i’m moving most of my funds from Robin Hood into moo moo to get the interest rate for three months and $1000 in free Nvidia stock. It’s a no-brainer. If one has money sitting around doing nothing and they are guaranteed to get extra money might as well take advantage of it imo.

Now one thing I’m not too certain about is a possible cap on the 8.1% interest on uninvested funds on moo moo …. With one site saying the 8.1% interest is capped at 20,000$ with the remaining amount whatever it is getting a 4.1% interest rate. I’m gonna look into clarification on this tomorrow when I call Moo Moo.

There was also a transfer bonus if you transfer from one trading platform into Moo Moo. IE cash from Robin Hood or Charles Schwab into Moo. And that is I believe 3% but again I believe it is capped at 20,000$

Anyways, what I like about this platforms bonus the most is the free Nvidia stock. But you do have to deposit 50,000 to get the 1000.

View attachment 1147605


Anyone here know about bonus offers from other trading platforms?


*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%).

 
*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%).

Well, I called moo moo financial and asked them a few days ago and they said yes it is a 8.1% bonus for new customers. The only question I have is about a possible $20,000 cap for the 8.1% interest. I’ll find out more about that tomorrow when I call in.
 
Well, I called moo moo financial and asked them a few days ago and they said yes it is a 8.1% bonus for new customers. The only question I have is about a possible $20,000 cap for the 8.1% interest. I’ll find out more about that tomorrow when I call in.
"5. APY Booster Rates can only be applied towards the initial 20,000 USD in the Cash Sweep program." Welcome Bonus - Deposit (August 1, 2025 -September 25, 2025) Terms and Conditions-moomoo Help Center

Looks like you get an extra 4% APR for 3 months on the first $20K you leave sitting idle with them.
 
"5. APY Booster Rates can only be applied towards the initial 20,000 USD in the Cash Sweep program." Welcome Bonus - Deposit (August 1, 2025 -September 25, 2025) Terms and Conditions-moomoo Help Center

Looks like you get an extra 4% APR for 3 months on the first $20K you leave sitting idle with them.
Right it doesn’t appear to be the case. And that is a bit upsetting as I wanted to get the 8% interest on more than 20 K. Oh well at least there’s the free $1000 Nvidia stock …. And the 3% transfer bonus on up to 20,000 in cash transferred from another brokerage account to moo moo…

But again, I’m going to clarify all of this on a phone call tomorrow to moo moo…. They said they would pay for the wire transfer fee from my bank to moo moo(normally they don’t do this) so maybe I can work out something with them on the interest rate on uninvested funds.
 
Moo Moo financial is a relatively new global trading platform that has about 25 million global users… Similar in number of users compared to Robin Hood.

I only recently found out about moo moo’s offer of 8.1% interest rate on uninvested funds for three months and they are giving new customers up to $1000 in Nvidia stock…. i’m moving most of my funds from Robin Hood into moo moo to get the interest rate for three months and $1000 in free Nvidia stock. It’s a no-brainer. If one has money sitting around doing nothing and they are guaranteed to get extra money might as well take advantage of it imo.

Now one thing I’m not too certain about is a possible cap on the 8.1% interest on uninvested funds on moo moo …. With one site saying the 8.1% interest is capped at 20,000$ with the remaining amount whatever it is getting a 4.1% interest rate. I’m gonna look into clarification on this tomorrow when I call Moo Moo.

There was also a transfer bonus if you transfer from one trading platform into Moo Moo. IE cash from Robin Hood or Charles Schwab into Moo. And that is I believe 3% but again I believe it is capped at 20,000$

Anyways, what I like about this platforms bonus the most is the free Nvidia stock. But you do have to deposit 50,000 to get the 1000.

View attachment 1147605


Anyone here know about bonus offers from other trading platforms?
/----/ I'm too neurotic to trust my life savings to a startup. I'm sticking with the legacy broker I've used for decades. Thanks anyway.
 
/----/ I'm too neurotic to trust my life savings to a startup. I'm sticking with the legacy broker I've used for decades. Thanks anyway.
They are a relatively new company so I could understand some folks being weary. Thankfully the funds used for the boosted interest rate are FDIC insured and also protected by the SIPC.

Robinhood and Moo Moo might be the future of trading platforms…. We will see how they can compete with more traditional long-standing companies. I’ve also used Schwab as well.
 
Last edited:
They are a relatively new company so I could understand some folks being weary. Thankfully the funds used for the boosted interest rate are FDIC insured and also protected by the SIPC.

Robinhood and Moo Moo might be the future of trading platforms…. We will see how they can compete with more traditional long-standing companies. I’ve also used Schwab as well.
/—-/ I prefer the Think or Swim platform.
 

New Topics

Back
Top Bottom