When it comes to building wealth, locking in a high rate of return is appealing. In general, savers and investors have to take on a higher level of risk in order to unlock potentially higher returns.
But with moomoo’s current offer, you can earn up to 8.1% Annual Percentage Yield (APY) on your uninvested cash. This offer was so popular they are brining it back for the third time this year!
That’s better than you can earn on almost every savings account product out there currently! In partnership with moomoo, let’s take a closer look at the offer details and see how you can take advantage of this offer.
Earn Up To 8.1% APY
moomoo is offering up to 8.1%* APY for new users enrolled in their Cash Sweep Program who deposit cash and leave it uninvested within their accounts. You must open your first moomoo account by August 31, 2026 to take advantage!
As of writing, the 8.1% APY promotion combines a 3.35% APY tied to the Cash Sweep account with a coupon for a 4.75% APY booster rate. Once activated, the booster rate is only available for up to three months. So, if you sign up for this promo, you could get up to three months of the boosted rate.
While there is no minimum deposit threshold, moomoo is capping the maximum deposit amount at $20,000 to earn the promotional rate. With that, you can earn up to 8.1% on $20,000. Beyond $20,000 you’d default back to the 3.35% APY, which is still a solid interest rate.
Do You Qualify For The 8.1% APY Offer?
Remember, this offer is only for new moomoo users. If you have never made a moomoo deposit before, you might qualify for this offer. Here’s what else you'll need:
- You must open a brokerage account with moomoo.
- You must opt into the Cash Sweep Program.
- You must have a valid Social Security Number.
- You must be a U.S. resident who is at least 18 years old.
The Cash Sweep program allows you to earn interest on the uninvested cash in your brokerage account. Since the funds are swept into an FDIC-insured institution, the funds in the Cash Sweep program are insured for up to $1,000,000 through the partner banks.
Open a Cash Sweep at moomoo here >>
When Do You Get The Funds?
If you qualify for the 8.1% APY promotional offer from moomoo, you can expect the interest to accrue daily. Although the interest accrues daily, it will be paid to your account on a monthly basis.
How To Access The Funds
If you have funds in the moomoo Cash Sweep program, you can access the money at any time. You can choose to either withdraw the funds or invest them without restrictions.
What Is moomoo?
moomoo is a trading platform for investors looking to trade stocks, options, ETFs, and more. The company’s full name is Moomoo Financial Inc., which is a subsidiary of Futu Holdings Ltd. A hallmark of moomoo is that traders within the United States can easily access other trading markets. Plus, the app gives you access to trading for a full 16 hours each day.
If you are just getting started with trading, you can do a practice run with moomoo’s paper trading. When you sign up for real, you have a chance to get up to 60 free stocks** to jumpstart your portfolio.
The Bottom Line
If you are interested in working with moomoo, the current promotional offer makes this the right time to give it a try. You can tap into a top-tier APY while testing out the platform.
Make sure you hurry, the promotional rate won’t last. Open a moomoo account here and get started >>
* Promo 8.1% APY (as of 1/1/26): The Base Rate is 3.35% APY, plus a 4.75% temporary boost but the actual APY earned may differ based on factors, including the Base Rate APY, when the coupon is activated. When activated, the APY Booster Rate is effective for 3 months on up to $20,000 in the Cash Sweep Program.
** Terms & Conditions apply. See www.moomoo.com/us/support/topic4_410 for details.
The Cash Sweep Program is a feature of the brokerage account and should not be viewed as a long-term investment or savings option. The APY might change at any time. Neither Moomoo Financial Inc. nor any of its affiliates are banks. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. The creator is a paid influencer and is not affiliated with Moomoo Financial Inc. (MFI), Moomoo Technologies Inc. (MTI) or any other affiliate of them. Any comments or opinions provided by the influencer are their own and not necessarily the views of moomoo. Moomoo and its affiliates do not endorse any trading strategies that may be discussed or promoted herein and are not responsible for any services provided by the influencer. This advertisement is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal.
Editor: Colin Graves Reviewed by: Robert Farrington
Sarah Sharkey is a personal finance writer who covers banking, credit, student loans, and insurance for The College Investor. She has written for leading financial outlets including Bankrate, Business Insider, and more, helping readers make confident choices about borrowing, saving, and building wealth.
Sarah holds both a bachelor’s and a master’s degree from the University of Florida, and her background in management and research informs her clear, practical approach to complex financial topics.