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Anonymous
Or does it work like Tiger, where I have to buy a stock to get rebate?
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Tan Choong Hwee
02 May 2021
Investor/Trader at Home
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Chris
02 May 2021
Owner and Writer at Tortoisemoney.com
The cash coupon is credited directly to your account as cash and can be withdrawn together with your 2.7k deposit. The cash should arrive within about 2-3 trading days from your desposit (mine came in 1 actually). So, no you don't have to spend it on a stock to receive it in cash.
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MooMoo cash coupon is automatically redeemed and then the amount is credited in your account within 1~3 working days. Once credited, you can withdraw anytime.
Tiger is stock voucher, which only credited after you buy a stock.