Earn yield on your USD Cash balance
Don't stress about high interest rates. Take advantage of them. Maximize your returns by holding your USD in Pluang.
Make money even when not trading
Get yield on uninvested USD Cash every day passively and effortlessly. Yield is calculated daily and paid on the 5th of each month.
Make money even when not trading
Get yield on uninvested USD Cash every day passively and effortlessly. Yield is calculated daily and paid on the 5th of each month.
No lock-in period and minimum deposit
Start growing your USD Cash with no minimum balance required. Withdraw your USD Cash or use it for investing in US Stocks at any time.
No lock-in period and minimum deposit
Start growing your USD Cash with no minimum balance required. Withdraw your USD Cash or use it for investing in US Stocks at any time.
Safe and secure
Your USD Cash is deposited in BMO Bank in the US, a FDIC insured bank which has a AA credit rating from Fitch Ratings and a Aa2 from Moody's.
Safe and secure
Your USD Cash is deposited in BMO Bank in the US, a FDIC insured bank which has a AA credit rating from Fitch Ratings and a Aa2 from Moody's.
USD Cash Yield calculation
1
On 1 October, you have $10,000 worth of USD Cash with a 3.88% annual yield*. We will pay out the yield monthly based on your average daily USD Cash balance every month.
Please note that this calculation is an estimate, assuming you don’t make any additional deposits, withdrawals, or transactions throughout the year.
2
The yield is paid on the 5th of every month, which can be checked on the Balance page and from the Transaction History page.
Please note that this calculation is an estimate, assuming you don’t make any additional deposits, withdrawals, or transactions throughout the year.
3
By the following October next year, you will have earned $400.30 from USD Cash Yield.
Please note that this calculation is an estimate, assuming you don’t make any additional deposits, withdrawals, or transactions throughout the year.
Rates are subject to change due to fluctuating US interest rates. Read our Terms & Conditions
How to start earning USD Yield
You will need to complete Advanced KYC for US Stocks first.
Open the Balance page, then tap the USD Cash Yield banner.
Tick “I agree to Pluang’s USD Cash Yield Terms and Conditions”, then tap the “Activate” button.
Congratulations, you will start earning USD Cash Yield every day!
FAQ
What is USD Yield?
USD Yield is a feature where you can earn yield from your uninvested USD balance deposited in Pluang. Pluang Plus members can benefit from a higher annual return with the following details:- Pluang Plus members will receive 3.88% per annum
- Pluang regular users will receive 0.88% per annum
Is USD Yield safe?
Pluang collaborates with Alpaca Securities LLC, an American broker operating in accordance with the regulations of the United States Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).
Your USD balance will be stored in a trusted Custodian Bank in the United States with an AA- health rating from Fitch Ratings. This ensures the security of your USD assets in a reputable and trusted custodian.
Is there any limit on how much yield I can receive?
There is no minimum USD balance required to earn Yield, but there are two things to note: - You will receive a yield with a minimum amount of USD 0.01. If the expected yield is USD 0.00987, you will not receive the yield.
- There is a maximum for the average balance that can earn yield, which is USD 100,000. If you have an average balance of USD 150,000, you can only earn yield from the USD 100,000 you own.
Which balance will be taken into account for USD Cash Yield?
You can only earn yield on withdrawable USD Cash balance, which is the balance other than the one held for transactions in progress. USD Margin and IDR Cash balances will not earn yield.
Are there any fees or taxes?
There are no fees and taxes imposed to earn Yield on the USD Balance.
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