Webull is running a great promotion for their money market funds product called MoneyBull. And in typical Webull fashion, there is a very good deal going on right now. Perhaps most importantly, this deal can be enjoyed by both new and existing customers.
New to Webull?
If you are new to Webull, you can also qualify for the welcome rewards on top of MoneyBull promotion by signing up via StocksCafe’s referral.
Sign up and deposit any amount to get 1 year Global Friend of StocksCafe (worth SGD 45) and at least USD 40 worth of shares if you keep the funds there for at least 30 days. Learn more about the welcome gift here.
MoneyBull Promotion (for New and Existing Customers)
All you have to do is to deposit money into MoneyBull by 16 October 2023 3.59PM (SGT) and keep the money there until 31 December 2023 11.59PM (SGT) to qualify for the following rewards:
|Net cumulative deposit||Reward|
|>USD 5,000||USD 120 cash voucher|
|>USD 50,000||USD 1,500 cash voucher|
|>USD 100,000||USD 3,000 cash voucher|
Note that the cash voucher reward is on top of the daily yield that you would receive daily from MoneyBull.
For those who prefer to deposit in SGD, you can do so as well. Webull will use an exchange rate of SG$ 1 to US$ 0.7297. Therefore, to qualify for the USD 50,000 tier, you can choose to deposit SGD 70,000 instead. I am personally aiming to put in SGD to qualify for the rewards.
How to participate
- On the mobile app, click on “Menu” icon on the bottom right
- Click on “Promotion Center”
- Click on the banner for MoneyBull’s promotion
- Click on “Participate Now”
- Deposit money (in SGD or USD, or even both) to MoneyBull and wait for money to roll in!
Note that MoneyBull is a money market fund and returns are not guaranteed nor insured. Learn more about Money Market Funds.