Welcome Package

Activity Rules

Promotion periodFrom 1 Oct 2022 00:00:00 to 30 Nov 2022 23:59:59 (GMT +8)

 

Details:

New uSMART user who successfully completes registration will enjoy:

  • Free US and SG Market Live Price
    2) $0 commission charges (for US, SG, HK stocks) and $0US market settlement fees until 31st Dec 2022
    3) 0.02 Tesla Share Voucher (worth up to USD 6)
    4) Wire Transfer Reimbursement Voucher Pack(Select 1 out of 2)
    5) Cash Voucher Reward Pack (Select 1 out of 3)

0.02 Tesla Share Voucher (Worth up to USD 6)

New uSMART user who successfully opens an Standard or Intel account will be able to redeem 0.02 Tesla Share Voucher

Wire Transfer Reimbursement Voucher Pack (Select 1 out of 2)
Reward A) USD 15 [Redemption condition: 1st deposit ≥USD 200]
Reward B) USD 35  [Redemption condition: 1st deposit ≥USD 1,500]

*not applicable to SG region users

Cash Voucher Reward Pack (Select 1 out of 3)

 

Reward

Content

Worth

Redemption Conditions^

A

USD 6 Cash Voucher x 6

USD 36

i) Maintain 30 consecutive days of daily average asset ≥ USD 200 within the validity period. The asset at the end of the 30th day has to be ≥ USD 200.

ii) Complete at least 2 US stock/option trades .

B

USD 30 Cash Voucher x 6

USD 180

i) Maintain 30 consecutive days of daily average asset ≥ USD 1,500 within the validity period. The asset at the end of the 30th day has to be ≥ USD 1,500.

ii) Complete at least 3 US stock/option trades .

C

USD 60 Cash Voucher x 6

USD 360

i) Maintain 30 consecutive days of daily average asset ≥ USD 10,000 within the validity period. The asset at the end of the 30th day has to be ≥ USD 10,000.

ii) Complete at least 6 US stock/option trades .


^Redemption details
New uSMART users who successfully opens an Standard or Intel account will be able to redeem 1 cash voucher each month, in the sequence indicated below:

For new users in October

  1. 10.1-10.31: 1 redemption (user will have 30 days from issuance to fulfil the redemption conditions)
  2. 11-2023.3: 1 redemption per natural month, as long as redemption conditions are fulfilled

 

For new users in November

  1. 11.1-11.30: 1 redemption (user will have 30 days from issuance to fulfil the redemption conditions)
  2. 12-2023.4: 1 redemption per natural month, as long as redemption conditions are fulfilled

 

FAQs

How to view/redeem the Vouchers/Reward Packs?

 

Vouchers/Reward Packs issued to your uSMART account can be found in [uSMART SG App > Me > Rewards Centre].


Please take note of the validity period for each voucher/reward pack.


Cash Voucher Reward Pack
If not selection is made, the reward pack will expire after 15 days and Reward A - USD 6 Cash Voucher x 6 will be issued by default.


Cash Voucher

After redemption, the corresponding value on the cash voucher will be credited into your uSMART account within 2 working days.

 

If not redeemed, the cash voucher will expire worthless after validity period.

Share Voucher
After redemption, the corresponding share(s) will be credited into your uSMART account within 5 working days.


If not redeemed, the cash voucher will expire worthless after validity period.

Can I withdraw the cash redeemed from the Cash Voucher?

Yes, you can withdraw the redeemed cash, no additional fee will be charged by uSMART.

 

Notes

1) New uSMART users refer to those who did not have any trading accounts with uSMART SG and did not have any trading accounts with other uSMART entities.

2) For avoidance of doubt, uSMART user who opens or funds a Trader account is excluded from this promotion.

3) Each person can only claim the rewards for the Welcome Package once.

4) If your uSMART account displays signs of abuse, fraud or suspicious activity (examples of and not limited to; making trades that make no economical sense or benefits, closing account immediately after claiming rewards), uSMART SG may, in its sole discretion, forfeit your rewards and limit your participation in future promotions.

5) Cash voucher and reward voucher are non-transferable and non-exchangeable for other items. Should the shares be unavailable for any reason whatsoever uSMART, in its decision, reserves the right to substitute the share with an alternative reward.

6) The value of shares voucher is calculated based on the share price and exchange rate as of 20/09/2022.

7) By taking part in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.

 

Disclaimer:

This promotion is governed by the above terms and conditions. uSMART Securities (Singapore) Pte. Ltd. ("uSMART") reserves the right to change its terms and conditions or terminate this promotion without prior notice or liability to any person. Should any disputes arise in relation to the promotion, the decision of uSMART is considered final and will bind all participants of this promotional event. uSMART shall not be obliged to give any reason on any matter concerning this promotion and no correspondence or claims will be entertained.

 

This promotion does not constitute a recommendation or an offer or solicitation to buy or sell any investment products. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks including the possible loss of principal amount invested. Past performance is not necessarily indicative of future performance. Professional advice should be sought prior to making any investment decisions. uSMART will not be held responsible for any losses related to your investment activities.

 

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