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Sign up, Fund A$200 (or A$1000 & Hold 30 Days), Get A$100 (or A$300) NVDA Fractional Shares & Trading Vouchers Rewards @ Webull

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Sign up, Fund A$200 (or A$1000 & Hold 30 Days), Get A$100 (or A$300) NVDA Fractional Shares & Trading Vouchers Rewards @ Webull
Go to Deal
Silentninja7 on 29/03/2024 - 19:59 webull.com.au (823 clicks)
Last edited 01/04/2024 - 13:03 by 1 other user

Ensure your first deposit is 200$ or more, if you deposit 10$ and then $190 it will not count for you or the referrer.

if it says bank account not found, it's found but they create unique accounts for you and some banks do not have it listed, but the money will arrive instantly, I noticed this when depositing from CBA

I will update post in time

For reference, previous webull posts on Ozbargin.

https://www.ozbargain.com.au/node/822871
https://www.ozbargain.com.au/node/808877
https://www.ozbargain.com.au/node/805519
https://www.ozbargain.com.au/node/817612
https://www.ozbargain.com.au/node/812712
https://www.ozbargain.com.au/node/802416

Terms and conditions here

https://www.webull.com.au/ko-yield/1670046979466-41d521/c6d754?app_cfg=%7B%22supportTheme%22%3Atrue%2C%22browser%22%3Afalse%7D

The following conditions apply to this Programme:
a. Participant has an existing or opens a new individual account with us within the Campaign period.
b. An initial deposit of AUD$200 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the Campaign period.
c. A total deposit of AUD$1,000 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the campaign period.
d. Participants must maintain the minimum deposit of AUD$1,000 or more (or the equivalent in USD) in their Australia individual Account for 30 days. Any withdrawals during the retention period that cause the cumulative amount to fall below AUD$1,000 will be considered invalid. Capital gains, losses and free rewards or free cash bonuses are excluded.

Reward 1 : Deposit and hold 200$ for 30 days
Upon completion of b) mandatory conditions outlined above, the Participant’s individual Webull Australia account will be awarded Free NVDA Shares valued at AUD$50 Plus 5 Trading Vouchers each valued at AUD$10. The values of each reward are listed below:

Reward 2: Deposit and hold 1000$ for 30 days
Upon completion of c)-d) mandatory conditions outlined above, the Participant’s individual Webull Australia account will be awarded 2 Free NVDA Shares each valued at AUD$50 Plus 10 Trading Vouchers each valued at AUD$10. The values of each reward are listed below:

Referral Links

Referral: random (1199)

From 6:00pm 29/4/2024 to 5:59pm 31/5/2024.

Referee: Sign up, fund minimum A$200 within the promotion period to receive A$50 worth of Tesla fractional shares, three A$10 worth of US Securities Trading Vouchers, and two A$10 worth of US Options Trading Vouchers.

Referrer: Limit of maximum 10 referrals. Referrer will receive A$50 worth of NVDA fractional shares after Referee deposited qualifying amount of funds.

Financial Investment Share Trading

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Comments

  • GeoK on 29/03/2024 - 20:19
    -1

    Let's go …..

  • Undercut 2241 on 29/03/2024 - 20:24
    +2

    Not as good as the tesla one from last year, I'd wait for a better referral before sending to my mates

    • Charlie Dont Surf on 30/03/2024 - 00:02
      +1

      The best deal was when they issued $20 and $40 trading vouchers, and I could get shares in the companies of my choice Which weren't Tesla ;)

  • Sgav89 on 29/03/2024 - 20:29
    +1

    Another day another webull campaign

    • HolyCr4p on 29/03/2024 - 21:59

      Theirbull

  • Jimbuscus on 29/03/2024 - 20:59
    +1

    The last WeBull campaign I did, they had the worst excuses not to payout.

    • Silentninja7 on 29/03/2024 - 20:59
      +3

      What happened

    • abc on 29/03/2024 - 21:00

      Which campaign?

  • Silentninja7 on 29/03/2024 - 21:01
    +1

    If all conditions are met, never heard of someone not getting the offer, normally someone didnt follow the steps, either initial deposit, hold for 30 days etc etc

    • biggweilo on 29/03/2024 - 21:13

      When I signed up in Jan, received the first $50 only, but the remaining $150 was issued a few days after I raised a support ticket.

      • spedohero on 29/03/2024 - 21:16

        I had to chase up 50% of the bonus after 30 days.

  • dpk on 29/03/2024 - 21:30

    Also there is a bonus referral offer, deposit $10k for $700 in rewards.
    100k for $2200 rewards.

    • picklerick on 29/03/2024 - 21:41
      +1

      What about 1M?

      • localhost on 30/03/2024 - 16:22

        Deposit 1M, get your account closed :)

  • cook99 on 29/03/2024 - 21:53
    +2

    Let's hope that my code is randomly selected by someone with $100k to deposit 😄

    • bob007 on 04/04/2024 - 15:26

      What do you get if someone use your code and deposit $100k?

  • Silentninja7 on 29/03/2024 - 21:57
    -1

    Best way is to offer part of the referral rewards to new signups ( friends ) so then its a win win

    • wavesgreen on 25/04/2024 - 09:51

      Be aware this is a breach of WeBull's T&C's and can get your account terminated.

    • rehan770 on 29/03/2024 - 23:57
      -1

      R U serious, have you paid.

  • afayd on 30/03/2024 - 01:07

    Say, as an existing user, I deposit $1000, then purchase some share worth of $1000 and keep it for 1 month, I would get $200 regardless of whether the purchased share is worth less than $1000 after a month?

  • SydBoy on 30/03/2024 - 05:23

    Make sure to change your referral links in Ozbargain as webull keep changing it with every new deal.

    Obviously longtime since I got lucky to get referral through Ozbargain but still hoping this time I will.. !

  • pyramid on 30/03/2024 - 08:49

    Bastartds webull…checked link last night and it's changed this morning….

  • Dacs on 30/03/2024 - 09:03
    +1

    Those T&C! 🤦‍♂️

    As far as I can see, if you just want to make use of the offer and get your money out, you'll only make well under $100 with Reward 2 (Deposit and hold 1000$ for 30 days).

    This is because you only get the vouchers once you've held the money in the account for 30 days, by which time the commission-free trading offer is over.
    Since the only one share trading vouchers can be used at a time when buying shares, you'd only be able to buy one lot of shares with each one (Eg 3 Telstra shares @ 3.86 each for a total of $11.58) and sell them again immediately. But the commission fee is a minimum of $4.50 each way so you'll only make $1 for each lot if you sell the shares for the same price.

    The US vouchers are AU$20 each but there are additional trading and forex fees which I guess would wipe out that value.

    I'm not sure how the NVDA vouchers work, but fees would wipe out a significant of that value too.

    Is that right?

    Edit: Welcome Reward has changed (30/3/2024) to 3 x $50 NVDA vouchers and 15 x AU$10 trading vouchers, so maybe a bit more for the NVDA part but a max of $15 for 30 trades (15 buy, 15 sell), so only slightly better.

    • Charlie Dont Surf on 30/03/2024 - 11:06
      +1

      If you don't already hold shares in an ASX company with Webull, you won't be able to buy $A10-$A12 worth of stocks to apply the $10 voucher.

      If you deposit the equivalent of $A1000 in USD, you'll "pay" a total ~$A12 in forex surcharges (but it's actually embedded in the rate), but after that you can buy fractional shares in US companies equivalent to the trading voucher - assuming the trading voucher is then expressed/sent in $US terms? Not clear on this last point.

      In short, the trading vouchers are more useful if they can be utilised in $US terms.

  • ozhamada on 30/03/2024 - 14:22

    Are ASX shares purchased through WeBull CHESS registered? If so, how essy is it to transfer the shares after the 30 days to my Stake account?

    • Charlie Dont Surf on 30/03/2024 - 14:35

      Yes. Easy.

      • Dacs on 30/03/2024 - 18:33

        I think the cost is $55 per transfer. Check their prices page

        • Charlie Dont Surf on 30/03/2024 - 19:21

          Free for ASX, which is what he/she mentioned.

          • Dacs on 30/03/2024 - 19:25

            @Charlie Dont Surf: My mistake. Broker to Broker - Stock Transfer Out is free. Off-market transfers are $55

  • gfz on 30/03/2024 - 20:34

    So just want to double check that I'm doing this correctly. If I already have an existing account I just need to deposit $1000 and keep it there for $30 days. There's no need to use any sort of referral code right?

    • Silentninja7 on 30/03/2024 - 20:48

      Should do, if you havent previously deposited

  • zuruhara on 05/04/2024 - 15:29

    Can the amount $1000.be used to buy shares straight away and still qualify for this promo?

    Btw i used the random referral code from here 😀
    who was the lucky ozbargainer?

    • Charlie Dont Surf on 05/04/2024 - 19:07

      Yes, you can buy shares with the deposit, you can also sell them if required. Just need to avoid withdrawal.

  • ozhamada on 11/04/2024 - 22:44

    Being new to this I'm hoping that someone can confirm that this will work. It includes an indication of how to structure a lazy exit - I do not need to put up a sell order.

    A. I use a referral code to sign-up (before 29 April)
    B. I deposit $1000 or more (enough to fund the transaction in step 3)
    C. I purchase ten hyrbid ASX:BENPG - which is subject to an "Exchange Notice", of 5 April 2024, such that an investor receives the full value (plus distribution of dividend) on 13 June 2024 directly from ASX:BEN. The "Exchange Notice" is accessible through a brokerage account (I can observe it on Commsec and Stake).
    D. I hold ASX:BENPG to 13 June 2024 (which is past the 30 day WeBull account retention period)
    E. ASX:BEN pay me for the $100 capital and distribution (which is roughly worth 8% per annum with franking credits
    F. WeBull give me A$200 worth of NVDA fractional shares, six A$10 worth of US Securities Trading Vouchers, and four A$10 worth of US Options Trading Vouchers for using the referral code.
    G.WeBull give me 2 Free NVDA Shares each valued at AUD$50 Plus 10 Trading Vouchers each valued at AUD$10 as a result of meeting the terms of this deal.
    H.I get approx. 8% per annum interest on the BENPG, and $100 per BENPG capital redemption, and A$300 of NVDA fractional shares.
    I.I use my own referral code to make an account for my spouse and repeat steps A to H in my spouse's name. I get A$200 worth of NVDA fractional shares.
    J.I use my referral code to make a joint account for myself and spouse and repeat steps A to H in the joint name. I get A$200 worth of NVDA fractional shares.

    Is that all sound? Have I missed something? I'm assuming that in creating an account that I will have immediate access to a referral code.

    BTW 1: this also meets ATO requirements in that you must hold a stock for 45 days to benefit from franking credits.
    BTW 2: you can track Hybrid maturity dates, and yields, here: https://www.yieldreport.com.au/category/hybrids/weekly-hybri…. The BENPG is indicated with a 13 June 2024 maturity.

    • Dacs on 12/04/2024 - 07:00

      I haven't looked at the details of BENPG, but a good investment will only give you a return of around 0.4% to 0.7% per month on average (with more volatility for higher returns). If it earns a dividend, the capital value will drop by about the same value.
      Also, you need to take into account the trading costs of the shares you buy and sell (except during the first 30 days when it's free). I think you'd still need to pay trading fees to buy Nvidia shares with the vouchers, and of course when you want to sell them afterwards. Same with the other vouchers, they really only cover the trading costs more or less.

    • Charlie Dont Surf on 12/04/2024 - 10:28

      I don't think anyone on here is going to have in-depth knowledge of the intricacies an obtuse investment such as BENPG. The rest of your post is standard and okay. Not sure if you can "refer to yourself" in step J with a joint account. Maybe someone else can chip-in on this to confirm either way.

      • ozhamada on 12/04/2024 - 15:12

        Given that most Ozbargainers can navigate ways to stack discounts, I imagine that the intracacies of BENPG would be a walk in the park.

  • ozhamada on 12/04/2024 - 10:18

    Does Webull charge $0 for the cost of lodging the Aus/Usa withholding tax form? Asking as Stake currently covers this cost.

    • Charlie Dont Surf on 12/04/2024 - 10:30

      Yes.

      As a client of Webull Securities (Australia) Pty. Ltd., we will offer the ability to have a W-8BEN form completed and lodged on your behalf by our licensed and regulated US clearing partner when you open an account with us. This service is free.

  • ozhamada on 26/04/2024 - 08:08
    -1

    In the sign-up process WeBull recognise only two genders: Male/Female. Doesn't that create a problem with the id check process where some documents (e.g. Victorian Driver License) include another gender type?

    • Charlie Dont Surf on 26/04/2024 - 11:57

      I'm sure there is a workaround for these hurdles - maybe via their customer service reps (who have been pretty good in the few times I've needed to call).

  • Bunnyburger on 29/04/2024 - 14:13
    -1

    I liked Moomoo better

  • deashunboi on 29/04/2024 - 19:36

    oh this expired an hour after it started?

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