Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
In an environment where cash is paying again, Moomoo is rolling out a welcome bonus that combines high-yield savings with free stock incentives for new customers.
Through a limited-time promotion running through March 12, eligible users can earn up to 8.1% APY on uninvested cash and receive up to $1,000 in fractional shares of Nvidia Corp. (NASDAQ:NVDA) based on their initial deposit.
The offer is available to first-time users of Moomoo and customers who have opened an account but have not yet made their first deposit.
Moomoo’s headline rate comes from a two-part structure.
New users enrolled in the platform’s Cash Sweep program earn a base rate of 3.35% APY on uninvested cash. On top of that, eligible customers receive a 4.75% booster coupon that can be activated for a 60-day promotional period.
Combined, that brings the total yield to as much as 8.1% APY for two months. The booster applies to up to $20,000 in swept cash and must be manually activated through the app. After the promotional window ends, balances continue earning at the prevailing base rate.
Funds in the sweep program are placed at partner banks and are eligible for FDIC insurance, subject to standard limits.
In addition to the cash yield, Moomoo is offering free Nvidia stock tied to deposit size.
During the promotion period, users who make qualifying deposits can earn:
-
$30 in NVDA with $500
-
$100 with $2,000
-
$200 with $10,000
-
$400 with $50,000
-
$1,000 with $100,000
The stock is awarded as fractional shares and becomes fully unlocked after maintaining required average balances for set holding periods, typically ranging from 60 to 180 days depending on tier.
Deposits must be made via ACH, wire, or approved instant transfers. Account transfers through ACATS do not qualify for the stock bonus.
Most brokerage promotions focus on either free stock or short-term cash bonuses. Moomoo’s structure combines both, giving new users an incentive to park idle cash while building an initial trading balance.
For active traders, the promotion also provides flexibility. Cash earns interest while waiting for setups, and the stock bonus adds long-term exposure without requiring additional capital.
Consider a swing trader who deposits $10,000 to test a new platform.
They activate the APY booster, leaving $7,000 in cash while deploying $3,000 into trades. For two months, that idle cash earns close to 8.1%, generating roughly $95 in interest. At the same time, they qualify for $200 in Nvidia stock.