Webull Transfer-in Promotion: Get up to USD2,500 worth of rewards

This post was created in partnership with Webull Securities (Singapore) Pte Ltd. All views and opinions expressed in this article are Beansprout's objective and professional opinions.

Summary of Webull Transfer-in Promotion

Here is how you can earn rewards with the Webull Transfer-In promotion.

• Make a transfer of at least USD10,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD400 cash vouchers. 
• Make a transfer of at least USD50,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD1,000 cash vouchers and USD200 trading vouchers.
• Make a transfer of at least USD150,000 worth of shares from an outside broker to your Webull Account and maintain it over the holding period to get USD2,000 cash vouchers and USD500 trading vouchers.
• In addition, receive a cash voucher of up to USD150 to cover your transfer-out fees.

What are the eligibility requirements?

• This promotion is only applicable to users who have not previously transferred any stocks from an outside broker to Webull.
• This promotion is valid till 31 May 2024.

What is the Webull Transfer-in Promotion?

#1 - Receive USD400 cash vouchers when you transfer in at least USD10,000 worth of shares

• Make a transfer of at least USD10,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD400 cash vouchers.
• In addition, you can receive a cash voucher of up to USD150 to cover your transfer-out fees.

You must claim the shares under the “My Rewards” page in the Webull App within 30 calendar days upon receiving them.

#2 - Receive USD1,000 cash vouchers + USD200 trading vouchers when you transfer in at least USD50,000 worth of shares

• Make a transfer of at least USD50,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD1,000 cash vouchers + USD200 trading vouchers.
• In addition, you can receive a cash voucher of up to USD150 to cover your transfer-out fees.

You must claim the shares under the “My Rewards” page in the Webull App within 30 calendar days upon receiving them.

#3 - Receive USD2,000 cash vouchers + USD500 trading vouchers when you transfer in at least USD150,000 worth of shares

• Make a transfer of at least USD150,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD2,000 cash vouchers + USD500 trading vouchers.
• In addition, you can receive a cash voucher of up to USD150 to cover your transfer-out fees.

You must claim the shares under the “My Rewards” page in the Webull App within 30 calendar days upon receiving them.

What are the eligibility requirements?

• This promotion is only applicable to users who have not previously transferred any stocks from an outside broker to Webull.
• This promotion is valid till 31 May 2024.

Pro tip: How to maximise your Webull Transfer-In Promo

The Webull Transfer-in promo is stackable with the Webull welcome rewards promo. 

This means that in addition to this promotion, you can also get up to USD1,050 cash vouchers when you sign up for a Webull account, make an initial deposit of USD2,000 or more, and make 3 US buy trades.

*T&Cs Apply. For details, please refer to the Campaign's terms and conditions. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Learn more about the Welcome rewards here. 

Step-by-step guide to Webull Transfer-in Promo

Step 1:  Register for a Webull account with this exclusive Beansprout link.

Step 2: Tap on the “Participate Now” button on the Campaign landing page in the Webull App

Step 3: Fill in the Shares Transfer-In Request Form on the Webull App
 

Step 4 Make an initial transfer-in of US stocks (“First Transfer-In”) worth at least US$5,000 from an outside broker to your account.

You would need to provide your outside broker with the following details to initiate a transfer-out request:

• Organisation Name: Webull Securities (Singapore) Pte. Ltd
• Contact Person: Operations Team
• Email: sharetransfer@webull-sg.com
• Your custody account number with Webull (starts with CSG or CIS)
• DTC Participant Code: 0158

Step 5: Submit a statement of proof including the details of the transfer-out fee charged by the other brokers to Webull App (Share Transfer Fee Subsidy) and claim your cash voucher within 30 calendar days. ​

The value of the cash voucher equals the transfer-out fee charged by the other broker shown in the statement of your account of the other broker. The cash voucher value is capped at USD150.

Step 5: Maintain your daily Net Cumulative Deposit over the campaign period.

What kind of products are supported for the transfer-in promotion?

Only Stocks and exchange-traded funds (ETFs) listed on US Exchanges are supported.

The following products are not supported for Shares Transfer-In from another brokerage:

• Cash (Monies)
• OTC Symbols
• Options Position
• Stocks and ETFs listed out of the US (E.g. HK Market Shares)
• Fractional Shares in the US Market

Where can you find out more about the Webull transfer-in promotion?

The full terms and conditions of the Webull transfer-in promotion can be found here. 

Recap on Webull transfer-in promotion

As a recap, here's how you can earn rewards when you transfer your shares into Webull:

• Make a transfer of at least USD10,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD400 cash vouchers. 
• Make a transfer of at least USD50,000 worth of shares from an outside broker to your Webull account and maintain it for 90 days to get USD1,000 cash vouchers and USD200 trading vouchers.
• Make a transfer of at least USD150,000 worth of shares from an outside broker to your Webull Account and maintain it over the holding period to get USD2,000 cash vouchers and USD500 trading vouchers.
• In addition, receive a cash voucher of up to USD150 to cover your transfer-out fees.

Once again, it might be worth remembering that the Webull Transfer-in promo is stackable with the Webull welcome rewards promo. 

The promotion is valid until 31 May 2024 15:59 SGT. T&Cs apply.

*T&Cs Apply. For details, please refer to the Campaign's terms and conditions. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.

You can refer to the full terms and conditions here. 

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