3 Months With Moneybull: More Returns and Thoughts

This article is brought to you by Webull. All views expressed in the article are the independent opinions of Sethisfy.com. Investing involves risk and you should do your due diligence. Read Sethisfy.com’s editorial policy.

Time moves scarily fast sometimes, but when it comes to collecting interest and returns, that is quite a good thing. It‘s been 3 months since I started my deposit with Moneybull and the returns have come up to a healthy amount! It’s time again to share my returns so far and my thoughts from using it.

Fuss-free, decent returns

I deposited S$138,647.34 on 16th October 2023 and the cumulative returns over the past 3 months has been S$1,382.18 as of 17th January 2024 . That works out to be approximately 3.97%* p.a. which is really quite good if you ask me, particularly for a relatively low risk investment.

What makes this even beter is how fuss-free it has been. There are no pesky requirements like crediting salary or making credit card spend – I can just kick back and watch the returns come in on a daily basis (aside from weekends where returns are credited on Monday).

US$3,000 bonus is a hefty reward

Back in October 2023 when the first round of Moneybull promo started, I signed up for the US$100,000 tier for bonus US$3,000 bonus and deposited S$137,042.63 (the equivalent of US$100,000) into Moneybull. Like many others in the Telegram, I was very pleased to have received the US$3,000 reward in early January.

It’s been said quite a bit by now, but US$3,000 is indeed a really fantastic reward and pushes one’s rate of return up tremendously. In total, I received a staggering S$1,382.18 + US$3,000 by placing my funds in Moneybull for around 3 months.

Personally, I have opted to reinvest the USD funds into the USD cash fund for some returns since I have no immediate use for it. That is precisely what Moneybull is for – keep idle cash working until you decide to deploy them into investments or other pursuits.

January 2024 promo

For the month of January 2024, there is still a chance for new Webull users to sign up and participate in the Moneybull promo:

  • Deposit and maintain US$2,000 or S$2,740.86 until 29/02/2024: US$80 cash vouchers* OR
  • Deposit and maintain US$100,000 or S$137,042.63 until 30/04/2024: US$3,000 cash vouchers*

Remember to participate in the promo for under the Promotion Center. You can find this at the Menu tab of the Webull app.

Don’t forget that the Monebull promo is on top of the other generous sign-up gifts! See the sign-up box below for more details.

Sign up now for crazy welcome offers*

Aside from the excellent Moneybull promo, there are still free 5 shares to be gotten by starting an account and funding any amount. By subscribing at least US$500 to Moneybull, you also get 20 more free shares!

Thereafter, transfer in shares from other brokers to get up to US$2,000 of Tesla shares!

Webull

Bonus Gifts until end of 30th June 2024

RequirementReward
Sign up and fund minimum initial of US$2,000 by end of 12th June 2024 and maintain until at least 30th June 2024S$150 vouchers or S$120 cash
Sign up and fund minimum initial of US$10,000 by end of 12th June 2024 and maintain until at least 30th June 2024S$270 vouchers or S$250 cash
First 40 applicantsAdditional
S$150 cash
via PayNow
Terms and conditions apply. ⚠️ Fill up SingSaver Rewards Redemption Form in email to qualify. No form = no reward!

Plus current Webull offer until 3.59PM 1st July 2024

ItemReward
 Register and open account with this link 0 commission trades for US Stocks and ETFs for 31 days
0 subscription fees for mutual funds
Welcome Promo (New Users)A) Deposit ≥US$2,000, complete 3 US buy trades and maintain until 31st July 2024; or

B) Deposit ≥US$10,000, complete 5 US buy trades and maintain until 31st July 2024
A) Get US$80 cash vouchers

B) Get US$400 cash vouchers
Moneybull Interest Booster (New Users) Deposit ≥US$100,0001.8% USD p.a. MoneyBull Interest Booster* for 180 days – up to US$3,500!
Transfer-in Promo
(New and Existing Users)
Participate in Transfer-in Promo and fill out Share Transfer Form

First transfer of shares and maintain for 90 days
a) Transfer US$5,000 worth: get US$50

b) Transfer US$10,000 worth: get US$200

c) Transfer US$50,000 worth: get US$500

b) Transfer US$150,000 worth: get US$1,500

Also get up to US$150 transfer fee subsidy
You can fund the equivalent in Singapore dollars using the rate SGD$1 = US$0.7297

Get 0 platform fee, and trade fractional shares from as low as US$5 per trade. Great for dollar-cost averaging small amounts!

^&*T&Cs Apply. ^Figures shown are based on a 5.2% 7-Day Yield (P.A.) of the USD Cash Fund in Moneybull as of 24 May 2024 plus a 1.8% Moneybull Interest Booster P.A. . Principal is not guaranteed. Returns are not guaranteed and not an indication of future performance. All investments involve risks and are not suitable for every investor. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Terms and conditions:

Last updated: 11th June 2024

No brainer: decent returns and insanely great promo

With compelling sign-up gifts on top of good, stable returns*, taking advantage of Moneybull to grow your funds now is definitely something you should do.

Stay subscribed for more great deals and personal finance updates!

*T&Cs apply. Principal is not guaranteed. Returns are not guaranteed and not an indication of future performance. All investments involve risks and are not suitable for every investor. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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1 thought on “3 Months With Moneybull: More Returns and Thoughts

  1. how long does it take to withdraw your money from moneybull and transfer it back to your bank account?

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