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FINAL DAY 7/29!! Marcus Bank (by Goldman Sachs) 1% New Money Deposit Bonus up to $500, 2.15% on savings account

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For a limited time, take advantage of this offer on our high-yield Online Savings Account. Deposit $1,000 or more in new funds into a new or existing account within 10 business days of enrollment in the offer, maintain your balance at enrollment plus the new funds for 90 days, and we'll give you a 1% cash bonus up to $500. Enroll in this offer at the link below or by calling 1-855-730-SAVE (1-855-730-7283) by 11:59 pm ET on 7/29/19

https://www.marcus.com/us/en/savi...onus?prd=o
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This comment has been rated as unhelpful by Slickdeals users
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#2
They f'd up when they dropped their rate from 2.25 for a Fed rate cut that hasn't happened. Everyone is fleeing Marcus now because other online savings can get you over 2.5%. people who use online savings accts are savvy enough to know when to leave a find a better rate. This might help new accts, but unless it works for old accts too, those users are already gone
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#3
Cap at $500 bonus, weak sauce Marcus! You can do better than that!
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#4
Quote from Integra92
:
They f'd up when they dropped their rate from 2.25 for a Fed rate cut that hasn't happened. Everyone is fleeing Marcus now because other online savings can get you over 2.5%. people who use online savings accts are savvy enough to know when to leave a find a better rate. This might help new accts, but unless it works for old accts too, those users are already gone
Ally Bank dropped their rate too down to 2.1.

And what liquid online savings offers over 2.5% that is FDIC insured? LINK please?
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#5
Also, check if you can get a tax benefit on interest from a bank that has a physical branch in your state along with some other additional requirements.

Edit: After checking other states, it looks like Massachusetts may be the only state that has a tax benefit for interests earned from local banks.
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Last edited by InFor3 July 17, 2019 at 09:20 AM.
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#6
Quote from SUCHaDEAL
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Ally Bank dropped their rate too down to 2.1.

And what liquid online savings offers over 2.5% that is FDIC insured? LINK please?
Here the link you asked for. https://www.wealthfront.com/cash
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#7
why do they say "maintain your balance at enrollment plus the new funds for 90 days," it is as if forcing to not deposit any money at enrollment but deposit within 10 days?
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Quote from RandomSDNeo
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why do they say "maintain your balance at enrollment plus the new funds for 90 days," it is as if forcing to not deposit any money at enrollment but deposit within 10 days?
you have to keep the money in your account for 90 days for the bonus
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#9
Quote from aIoha
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you have to keep the money in your account for 90 days for the bonus
yes, i got that part. but what is not clear to me is their example table which states 10K at the enrollment and 50K within the next days, looks like we need to have $60K for 90 days not just 50K.


also, do you know if it is limited 1 per household? can i open 2 accounts (mysefl and spouse?)
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#10
Quote from WaStEdOnE
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Here the link you asked for. https://www.wealthfront.com/cash

There is also https://redneck.bank
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#11
Quote from Integra92
:
They f'd up when they dropped their rate from 2.25 for a Fed rate cut that hasn't happened. Everyone is fleeing Marcus now because other online savings can get you over 2.5%. people who use online savings accts are savvy enough to know when to leave a find a better rate. This might help new accts, but unless it works for old accts too, those users are already gone
you are getting 6.15% APR for 90 days with this deal risk free. Beats all savings rates out there.
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Last edited by katthibabu July 17, 2019 at 08:26 AM.
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#12
So would this work if I move 50k out, sign up, then move the money back?
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#13
Quote from RandomSDNeo
:
yes, i got that part. but what is not clear to me is their example table which states 10K at the enrollment and 50K within the next days, looks like we need to have $60K for 90 days not just 50K.


also, do you know if it is limited 1 per household? can i open 2 accounts (mysefl and spouse?)
1k+ and keep it in for 90 days for the bonus. bonus amount is 1% and up to $500 bonus
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#14
Quote from ifelseyesno
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So would this work if I move 50k out, sign up, then move the money back?
you have to keep money for 90 days in the account for the bonus
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#15
Quote from aIoha
:
you have to keep money for 90 days in the account for the bonus
That I know. I already have 50k in Marcus. I mean if it will work if I move 50k from Marcus to Bank of America, sign up, move from BoA back to Marcus and keep it there for 90 days
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