In current times where inflation and GST are pushing the cost of living higher, it is always welcoming to be able to earn some freebies here and there.
In the latest promotion by WeBull Securities SG, they are offering 5 free Nvidia shares if you sign up for an account with them and deposit USD500 or more into Moneybull, a wealth management tool designed for margin accounts to earn a yield on idle cash while maintaining liquidity.
Each Nvidia share is worth US10 to USD500, so minimally you will get USD50. If you can transfer more funds into your Moneybull account, you will be able to enjoy a higher reward based on the table below.
There is also a transfer-in bonus if you transfer your shares from another brokerage into your WeBull account.
Summary Of All Rewards Offered In Current Promotion
The suite of welcome rewards (promo ending 1 April) includes:
- Subscribe to at least USD 500 in Moneybull and fulfill the requirements to get 5 Nvidia free shares each worth USD 5 – 500*
- Subscribe to at least USD 2,000 in Moneybull and fulfill the requirements to get USD 80 worth of Nvidia shares*
- Subscribe to USD 100,000+ in Moneybull and fulfill the requirements to get USD 3,000 worth of Nvidia shares*
- Subscribe to USD 250,000+ in Moneybull and fulfill the requirements to get USD 5,000 worth of Nvidia shares*
- Transfer in valued USD 5,000 and maintain to get free Nvidia shares worth USD 1,000*
- Transfer in valued USD 25,000 and maintain to get free Nvidia shares worth USD 3,000*
The minimum reward that you can earn from this month’s promotion is USD50 while the maximum that you can earn is USD 2500 (assuming you get very lucky with the free shares) + USD 5000 (if you can transfer USD250k into Moneybull + USD 3000 (if you transfer USD25k worth of shares from other brokerage to WeBull) = USD10.5k
*T&Cs apply. The principal is not guaranteed. Returns are not guaranteed and are 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.
Bonus Reward
If you sign up for a WeBull account using my referral link and the account is approved for the most basic welcome reward, i.e. 5 free shares of Nvidia each worth USD10 to USD500, I will do a Paylah/ Paynow transfer of SGD40 to you. This offer applies to new users residing in Singapore only and ends when the current promotion ends (1 April 24).
Referral Link -> Sign up for a free WeBull account here
Here is how to claim your SGD40 bonus reward from me. Once your fund deposit into Moneybull is approved, you can email me at jasoncaimotivationalwritings@gmail.com or contact me via my blog and share with me your mobile number for verification purposes and your Paylah/ Paynow number, for me to transfer the funds to you.
What Can I Do After I Get The Shares?
You can choose to sell the shares when you get them for cash and transfer them from your brokerage account to your bank account. Alternatively, you can keep them for long-term investment as Nvidia is likely to dominate the market in the years to come, which means there is still much room for the share price to keep increasing, resulting in a capital gain for you in the long run.
Concluding Thoughts
I think this is quite a good offer from WeBull because Nvidia is one of the top, if not the top company, leading the AI revolution. It has already surpassed Amazon and Alphabet (Google) as the 3rd most valuable company in the world with 2 trillion market cap and its share price has more than 7x since late 2022.
Thus, having Nvidia shares in your account makes a good long-term investment, considering we are just at the start of the AI revolution super cycle. So, if you have signed up yet, do consider this attractive offer before it ends this month.
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