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Marcus Online Savings: $100 Bonus and 3.30% APY (need $10K)

+33 Deal Score
23,791 Views
Get $100 when you enroll and deposit $10,000 or more in new funds into a new or existing Online Savings Account. You must first enroll, then 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 after the 10-day Funding Period. Enroll by 2/15/23.

Full Details

To qualify for the $100 Cash Bonus (the "Offer"), you must enroll a Marcus Online Savings Account ("Account") in this Offer at https://www.marcus.com/us/en/savi...vingsbonus or by calling Marcus at 1-855-730-SAVE (1-855-730-7283) by 11:59 pm ET on 2/15/23. Upon successful enrollment, you will receive a confirmation of your enrollment via email or U.S. mail.

After enrolling, you must deposit $10,000 or more in new funds from an external account into your Account within 10 calendar days of enrollment (the "Funding Period"). The Account balance plus a minimum of $10,000 in new funds (the "Required Dollar Amount") must be maintained in your Account for 90 consecutive days from the end of the Funding Period. The Account balance is based on the starting current balance reflected on your account at 12 am ET the day you enroll. Once the Funding Period has ended, your Account balance may not drop below the Required Dollar Amount at any point until after the 90 consecutive days have passed. You may make multiple deposits within the Funding Period to reach the Required Dollar Amount. Internal transfers do not count for purposes of this Offer.

If you choose to enroll a different Marcus Online Savings Account in this Offer, you must deposit $10,000 or more in new funds from an external account into the newly enrolled Account within 10 calendar days of enrollment in this Offer, even if you reached the Required Dollar Amount in a previously enrolled account.

The $100 bonus will be deposited into your enrolled Account within 14 calendar days after fulfilling the above requirements. To receive your bonus, your Account must be open and in good standing at the time the bonus is deposited in your Account. The bonus will be treated as interest for tax reporting purposes.

Offer available to new and existing customers. Each customer is limited to one cash bonus under this Offer. This Offer can only be applied once to an account. If an Account has multiple owners, the Account is limited to being enrolled for this Offer under only one of the Account owners and receiving only one cash bonus. Remaining Account owners may be eligible to use another eligible Account to enroll in this Offer. This Offer may be combined with other promotional offers available to Marcus Online Savings Account customers.

https://www.marcus.com/us/en/savi...vingsbonus
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Deal
Score
+33
23,791 Views
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Apr 2016
L4: Apprentice
> bubble2 1,447 Posts
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StefanoM3235
01-18-2023 at 01:50 PM.
01-18-2023 at 01:50 PM.
this or Ally? looking to move my money out of my chase savings
Reply
Joined Feb 2008
L9: Master
> bubble2 4,349 Posts
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Namelessme
01-18-2023 at 01:50 PM.
01-18-2023 at 01:50 PM.
Quote from StefanoM3235 :
aren't t bond tied for a long time?

20 years. But I assume he meant I-Bond.

But either way, it's worse than this deal since it's a 3 month hold.
Reply
Joined May 2015
L5: Journeyman
> bubble2 638 Posts
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Original Poster
addictedsaver
01-18-2023 at 01:51 PM.
01-18-2023 at 01:51 PM.
Quote from QueensGambit :
Isn't slickdeals owned by Goldman Sachs?
😮 is it?
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
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newbharry
01-18-2023 at 01:52 PM.
01-18-2023 at 01:52 PM.
Quote from BenedictDonald :
Wondering if I move 10k out today, and after the transfer is completed then come back and click through the offer link, will that qualify if I add back the 10k or is there a lookback period? I don't see anything specific in the terms of this offer. Guess I'll take the chance unless someone else has proof otherwise.
It should work.

The Account balance is based on the starting current balance reflected on your account at 12 am ET the day you enroll. Once the Funding Period has ended, your Account balance may not drop below the Required Dollar Amount at any point until after the 90 consecutive days have passed.
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
558 Reputation
newbharry
01-18-2023 at 01:52 PM.
01-18-2023 at 01:52 PM.
My Marcus is at 4.4%>

Making the 10k around 8% with the 100$ bonus
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
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newbharry
01-18-2023 at 01:54 PM.
01-18-2023 at 01:54 PM.
Quote from Hrshycro :
Kind of weak compared to the Chase deal...
Marcus is at 4.4% apy for me.

With this deal, the 10k is at 8% apy . Better than Chase.
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
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newbharry
01-18-2023 at 01:54 PM.
01-18-2023 at 01:54 PM.
Quote from Namelessme :
Assuming I am calculating correctly, for the 3 month hold, this is paying the equivalent of 7.33%

So... it's better than any treasury bill, CD or I-Bond.
Marcus is more than 3.3%. you can get 4.4%
Reply

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Joined May 2015
L5: Journeyman
> bubble2 638 Posts
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Original Poster
addictedsaver
01-18-2023 at 01:55 PM.
01-18-2023 at 01:55 PM.
Quote from Hrshycro :
Kind of weak compared to the Chase deal...
Chase deal is much better. But if you have $25K you can do both.
Reply
Joined May 2015
L5: Journeyman
> bubble2 638 Posts
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Original Poster
addictedsaver
01-18-2023 at 01:57 PM.
01-18-2023 at 01:57 PM.
Quote from newbharry :
Marcus is more than 3.3%. you can get 4.4%
Marcus Online Savings Account says "Earn 3.30% APY". How are you getting 4.4%?
Reply
Joined Sep 2011
L2: Beginner
> bubble2 28 Posts
70 Reputation
starbucks
01-18-2023 at 02:57 PM.
01-18-2023 at 02:57 PM.
Interest rate higher for online saving through PNC
Reply
Joined Jul 2017
L2: Beginner
> bubble2 57 Posts
22 Reputation
JackL8104
01-18-2023 at 03:11 PM.
01-18-2023 at 03:11 PM.
Quote from addictedsaver :
Marcus Online Savings Account says "Earn 3.30% APY". How are you getting 4.4%?

You and your referral both get a rate bump for a short period of time — a few months IIRC.
1
Reply
Joined Feb 2007
L6: Expert
> bubble2 1,666 Posts
186 Reputation
techie333
01-18-2023 at 03:30 PM.
01-18-2023 at 03:30 PM.
Quote from QueensGambit :
Isn't slickdeals owned by Goldman Sachs?

Yeah it was such a weird acquisition, I wonder how many millions it makes them with all these ad sponsored deals now piled on top of info farming all of us
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
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newbharry
01-18-2023 at 04:06 PM.
01-18-2023 at 04:06 PM.
Quote from addictedsaver :
Marcus Online Savings Account says "Earn 3.30% APY". How are you getting 4.4%?
5 referrals.. + aarp (.10)

Each referral is 3 months of 1% boost
1
Reply
Joined Apr 2011
L6: Expert
> bubble2 1,184 Posts
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newbharry
01-18-2023 at 04:10 PM.
01-18-2023 at 04:10 PM.
I've been sitting with 3% when other online were at 2s. Nowo I'm sitting at 4s while other banks are at 3s. This is all due to the 1% boost. Add the 100$ for 10k.. much higher than Chase
Reply

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Joined May 2015
L5: Journeyman
> bubble2 638 Posts
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Original Poster
addictedsaver
01-18-2023 at 04:13 PM.
01-18-2023 at 04:13 PM.
Quote from newbharry :
I've been sitting with 3% when other online were at 2s. Nowo I'm sitting at 4s while other banks are at 3s. This is all due to the 1% boost. Add the 100$ for 10k.. much higher than Chase

The extra 1% is great, but chase bonus is still much better for 3 months. You get $900 with $15K in three months.
Reply
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