EARN 6.8% INTEREST On Your Money In Australia (Moomoo Cash Plus)

In this video, I show you how you can earn a 6.8% p.a. interest for up to 100K for the next 6 months using Moomoo's Cash Plus feature. Moomoo is a new brokerage platform that is offering an interest rate that beats every other high-interest savings account in Australia.
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▼ ▽ MOOMOO
💸 Sign up to Moomoo and earn up to $3,300 in interest with a 6.8% p.a. for 180 days
and up to 10 free stocks valued at up to $3,300 for eligible deposits - bit.ly/49u0XHY
▼ ▽ SIGN-UP TO MY FREE WISERCREDIT NEWSLETTER
📰 raymondla.substack.com/
▼ ▽ AMEX CARDS THAT I USE
💳 AMEX Essential - bit.ly/41X6vqD
💳 AMEX Explorer - bit.ly/3HltgwQ
▼ ▽ OTHER LINKS
💰 WeBull - Get up to $1200USD in free shares - bit.ly/41GdRQi
📈 Sharesight - Best Portfolio Tracker - bit.ly/3SlWSAx
📱 WeMoney - $5 when connecting an account - bit.ly/4656Tpp (Code: RAYMOND)
✈️ heymax - 1000 Max Miles upon sign up - bit.ly/3w4wce8
💸 Stake - Platform to buy ASX stocks $3 per trade - bit.ly/3x2tiBu
💰 Some links above may be affiliate or referral links. Using these links doesn't cost you anything extra, but they support the channel!
▼ ▽ TIMESTAMPS
0:00 Intro
0:35 Moomoo Cash Plus Offer
2:00 How Interest Is Calculated
2:25 How can Moomoo offer a 6.8% interest rate?
4:06 Is Moomoo Safe?
5:15 Moomoo Investing App
5:52 Brokerage Fees
6:40 Conclusion
▼ ▽ CONTACT
📩 Business inquires → [e-mail]

[@raymondla]

Sign up to Moomoo and earn up to $3,300 in interest with a 6.8% p.a. for 180 days and up to 10 free stocks valued at up to $3,300 for eligible deposits - bit.ly/49u0XHY

[@annc5227]

Moo moo deposits are not government guaranteed. They are not a bank.

[@raymondla]

Yep you're definitely correct and I highlight that they're not a bank! But there's plenty of control measures in place which I also talked through in the video.

[@rajmehta4883]

doesn't matter where they're listed and what not. If they go bust, people with deposits (unsecured creditors) will be the last in line for their money.

[@Tenex007]

Thanks for the heads up but the combination of them being unknown and the level of interest they pay out of pocket sounds ponzi. Not to mention there are regional banks the USA that are folding at the moment and the bitcoin ETFs and what not

[@ceeps460]

Is it worth disinvesting from one platform and then move all funds to moomoo?? Big call

[@raymondla]

There’s no issues with having multiple brokers, I’ve operated like that for quite some time

[@singlemommy7011]

Hi is refferal link only works in Australia or internationally

[@raymondla]

It is for Australia only unfortunately