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Marcus by Goldman Sachs $100 bonus with $10,000 deposit for new and existing customers

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Special Offer: $100 Cash Bonus
Get $100 when you deposit $10,000 or more in new funds into a new or existing Online Savings Account.

Must deposit within 10 calendar days of enrollment, and maintain at least $10,000 of those new funds, plus your existing balance as of 12 am ET on the day you enrolled, in your account for 90 consecutive days. Enroll by 2/16/22.

https://www.marcus.com/us/en/savi...vingsbonus
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Marcus by Goldman Sachs $100 bonus with $10,000 deposit for new and existing customers
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Joined Aug 2009
Dealer
> bubble2 5,282 Posts
7,960 Reputation
Pro
Undisclosed
01-19-2022 at 02:50 PM.
01-19-2022 at 02:50 PM.
Did this last year, doing it again. Just moving my emergency fund over for 90 days
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Joined Dec 2003
L3: Novice
> bubble2 266 Posts
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Thunder
01-19-2022 at 03:45 PM.

Our community has rated this post as helpful. If you agree, why not thank Thunder

01-19-2022 at 03:45 PM.
Be careful; ''plus your existing balance as of 12 am ET on the day you enrolled, in your account for 90 consecutive days." Last year I dumped 20k of outside funds into my online saving account to get this offer. I moved some of the funds into a certificate within Marcus days later, leaving far more than the 10k deposit requirement. The fact that I altered the balance I was penalized and loss the $100 offer. Spoke with a manager and they refused to waiver. Told her $100 will cost them over xxk in balances after I collect my certificates and I close my account. I stand by this and will never do business with them again. Not because of $100 but for trickery and lack of ethics.
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Last edited by Thunder January 19, 2022 at 04:10 PM.
Joined Feb 2008
L9: Master
> bubble2 4,314 Posts
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Namelessme
01-19-2022 at 07:44 PM.
01-19-2022 at 07:44 PM.
Quote from mrdizle :
What is your advice then? I did the I-Bond for 40k for all four family members at 7.12% interest. I keep buying small bits of index funds each day market dumps. Still need to do something with other cash.
There really is no safe advice to get an insured and guaranteed 4%+ over 90 days. And with the market the way it is, I'm not so sure buying index funds on these dips is even a good idea. I have a feeling the market is going to fall for a while yet.

There are other bonuses of course ... doctor of credit usually lists a bunch.
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Joined Nov 2011
L5: Journeyman
> bubble2 585 Posts
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aopluu
01-19-2022 at 07:51 PM.
01-19-2022 at 07:51 PM.
can I move original $10000 out first, then wait couple of days to enroll after moving out completed.
Then moving back to be eligible?

thx
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Joined Jan 2011
L6: Expert
> bubble2 1,514 Posts
241 Reputation
bugelrex
01-19-2022 at 07:54 PM.
01-19-2022 at 07:54 PM.
Quote from Thunder :
Be careful; ''plus your existing balance as of 12 am ET on the day you enrolled, in your account for 90 consecutive days." Last year I dumped 20k of outside funds into my online saving account to get this offer. I moved some of the funds into a certificate within Marcus days later, leaving far more than the 10k deposit requirement. The fact that I altered the balance I was penalized and loss the $100 offer. Spoke with a manager and they refused to waiver. Told her $100 will cost them over xxk in balances after I collect my certificates and I close my account. I stand by this and will never do business with them again. Not because of $100 but for trickery and lack of ethics.
Goldman sachs. Aka the vampire squid

https://www.afr.com/companies/fin...220-p542jj
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Joined Aug 2012
L7: Teacher
> bubble2 2,163 Posts
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SeventiesVet
01-19-2022 at 08:20 PM.
01-19-2022 at 08:20 PM.
Would rather put $10k into a good ETF, especially now with market valuation temporarily down. But best way to do this offer is open a separate subaccount just with the $10k, and keep any existing Marcus money separate. That way you can withdraw the other money without jeopardizing the $100 bonus.
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Last edited by SeventiesVet January 19, 2022 at 08:26 PM.
Joined Jul 2006
L10: Grand Master
> bubble2 8,286 Posts
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Nattefrost
01-19-2022 at 08:29 PM.
01-19-2022 at 08:29 PM.
Did this last year and received my bonus around may.
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Joined Nov 2006
L10: Grand Master
> bubble2 12,212 Posts
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poohbie
01-19-2022 at 08:59 PM.
01-19-2022 at 08:59 PM.
Good deal on an account that already has the best savings rate of the big banks.
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Joined Mar 2005
Renaissance Man
> bubble2 5,555 Posts
1,854 Reputation
PedroR
01-19-2022 at 09:20 PM.
01-19-2022 at 09:20 PM.
Quote from Thunder :
trickery and lack of ethics.
that was capricious and arbitrary
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Joined Jan 2008
L5: Journeyman
> bubble2 920 Posts
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MikeyMarginal
01-19-2022 at 09:56 PM.

Our community has rated this post as helpful. If you agree, why not thank MikeyMarginal

01-19-2022 at 09:56 PM.
Goldman deserves all the negative comments it can get.
This deal is better:
https://slickdeals.net/f/15577123-500-sign-up-bonus-for-10k-at-brokerage-tastyworks-for-3-months-or-...
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Joined Mar 2010
L6: Expert
> bubble2 1,796 Posts
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TheMadMule
01-19-2022 at 10:32 PM.
01-19-2022 at 10:32 PM.
All that for $100.
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Joined Oct 2014
L5: Journeyman
> bubble2 884 Posts
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Deal-R-Dash
01-20-2022 at 04:22 AM.
01-20-2022 at 04:22 AM.
Quote from mrdizle :
What is your advice then? I did the I-Bond for 40k for all four family members at 7.12% interest. I keep buying small bits of index funds each day market dumps. Still need to do something with other cash.
Don't forget that you can do another $10K for each sole proprietorship, business and/or trust that you have. You can also buy another $5K via your tax refund.

https://www.bogleheads.org/forum/...hp?t=55914

https://www.irs.gov/refunds/using...ings-bonds
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Joined Dec 2010
Jedi
> bubble2 195 Posts
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qui-gon-george
01-20-2022 at 05:07 AM.
01-20-2022 at 05:07 AM.
Quote from aopluu :
can I move original $10000 out first, then wait couple of days to enroll after moving out completed.
Then moving back to be eligible?

thx

Maybe. As long as you register for the offer while the money's not there.
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Joined Aug 2020
New User
> bubble2 15 Posts
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PowerfulPiranha9718
01-20-2022 at 05:39 AM.
01-20-2022 at 05:39 AM.
Quote from TheMadMule :
All that for $100.
Why are you even on Slickdeals then??
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