Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Popular

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
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
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.

Your comment cannot be blank.

Sign up for a Slickdeals account to remove this ad.

Joined Jul 2006
MISTERCHEAPs TWIN BROTHER
> bubble2 19,545 Posts
72,047 Reputation
Pro
Expert
This user is an Expert in Home & Home Improvement
SUCHaDEAL
01-23-2023 at 01:27 PM.
01-23-2023 at 01:27 PM.
Quote from OnePlus7pro :
10K transfer for 90 days to make $100 isn't worth it.
That depends where you're coming from. Their MM account is paying 3.3% like Ally, Amex Bank, etc. So if you have a MM at Marcus and say Ally, and have 10K in another MM to move $10K over, you'll be earning about 4.7% on the 10K for 90 days given its an extra 1% interest on the money for 90 days vs 365.
Reply
Joined Nov 2005
L6: Expert
> bubble2 1,567 Posts
574 Reputation
Kublakhan
01-23-2023 at 01:32 PM.
01-23-2023 at 01:32 PM.
It is worth it if you already have a Marcus account. You will also be earning the 3.3% interest. They tend to do this bonus annually, so I find it worthwhile to keep the account open, even though they don't pay the most competitive rates.
Reply
Joined Jul 2006
MISTERCHEAPs TWIN BROTHER
> bubble2 19,545 Posts
72,047 Reputation
Pro
Expert
This user is an Expert in Home & Home Improvement
SUCHaDEAL
01-23-2023 at 01:38 PM.
01-23-2023 at 01:38 PM.
Quote from Kublakhan :
It is worth it if you already have a Marcus account. You will also be earning the 3.3% interest. They tend to do this bonus annually, so I find it worthwhile to keep the account open, even though they don't pay the most competitive rates.
they're in line with the other large online banks like Ally, Amex, Discover, etc. all are paying 3.3% right now on their Money Market accounts. Yes, there are other options paying more, but this extra 1% on 10K gets that 10K paying a very competitve rate for 90 days anyway.
Reply
Joined Oct 2006
Gold Member
> bubble2 7,840 Posts
1,675 Reputation
danteshors
01-23-2023 at 01:45 PM.
01-23-2023 at 01:45 PM.
https://www.bankrate.com/banking/...-accounts/

3.3% may not sound great but it sure beats BOA or Chase's .01%! .
Reply
Joined Aug 2013
L2: Beginner
> bubble2 77 Posts
14 Reputation
byrus
01-23-2023 at 06:42 PM.
01-23-2023 at 06:42 PM.
Quote from robrob777 :
Ok... But must return after 90 days ..Vanguard pays 4.27% in idle cash (just checked a minute ago)

How is your cash held at vanguard? I'll have to check what mine is doing!
Reply
Joined Nov 2013
L8: Grand Teacher
> bubble2 3,065 Posts
83 Reputation
okaythen
01-23-2023 at 08:45 PM.
01-23-2023 at 08:45 PM.
This bank does it lower the rate by a lot after the promo period? or do they mostly leave it around where it is?
Reply
Joined Dec 2018
New User
> bubble2 15 Posts
18 Reputation
NPC007
01-25-2023 at 07:20 PM.
01-25-2023 at 07:20 PM.
Quote from TurtlePerson2 :
That's probably the best option for most everyone. If you've got $10,000 that you don't mind being tied up, then treasury bonds are paying 4.63% for 3 months or a bit more for a year. Yes, if you open the account and do the 90 days and then close it, you'll be slightly ahead, but that seems like a lot of work to make only a little bit more money. Also, the treasury income will not be taxable at the state/municipal level.

Good comment here.
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Aug 2019
New User
> bubble2 5 Posts
10 Reputation
Baseboz
01-26-2023 at 12:26 PM.
01-26-2023 at 12:26 PM.
Their customer service is very unforgiving, signed up for the deal but on accident clicked on the offer after transferring (all within a minute) and they wouldnt honor the 100$.

Moved my money to discover savings for 200$ offer and same APY.

Lousy customer service.
Reply
Joined Jul 2009
L1: Genius
> bubble2 536 Posts
110 Reputation
D3als0nWh33ls
01-27-2023 at 07:55 AM.
01-27-2023 at 07:55 AM.
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.

Ladies and gentlemen, the source of a new term and restriction next year! Smilie
Reply
Joined Dec 2011
L6: Expert
> bubble2 1,653 Posts
270 Reputation
jjl212
01-28-2023 at 08:54 AM.
01-28-2023 at 08:54 AM.
Why is anyone doing this when other places pay 4%?
Reply
Joined May 2004
Sic semper tyrannis
> bubble2 6,440 Posts
382 Reputation
lobo411
01-31-2023 at 03:10 PM.
01-31-2023 at 03:10 PM.
They seem to do this every year, so...it's here!

New and existing customers qualify
Must register before transferring the $10k from an external account to get the bonus
Must transfer said $10k within 10 days of registering
Offer valid from 1/18/23-2/25/23

Online Savings Account – $100 Cash Bonus
Offer Terms
Offer valid from 1/18/23 to 2/15/23 ("the Offer Period").
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.

We reserve the right to modify or revoke this Offer at any time without notice. If we determine that you have engaged in or plan to engage in abuse or gaming in connection with this Offer, you will not be eligible for this Offer.

Questions?
Give us a call toll-free at 1-855-730-7283

https://www.marcus.com/content/dam/marcus/us/en/pdfs/Savings_Promo_$100_Terms.pdf
Reply
Joined Dec 2010
L2: Beginner
> bubble2 79 Posts
124 Reputation
askme
02-01-2023 at 07:06 AM.
02-01-2023 at 07:06 AM.
Nobody is gonna even look at this. They need to make it 1000$ for 10k deposit 90 days. Wake up GS, don't you understand that value of todays $???? Ask Jamie Dimon, he ll answer it for you.
Reply
Joined Aug 2015
L2: Beginner
> bubble2 593 Posts
1,345 Reputation
Pro
dragoNav
02-01-2023 at 10:49 AM.
02-01-2023 at 10:49 AM.
Quote from jjl212 :
Why is anyone doing this when other places pay 4%?

Read the comments on page 2. For 90 days only $100 bonus + 3.30 % Apr on $10k will make the effective apr over 7%. You can move your money back after 90 days
Reply
Joined Mar 2014
L4: Apprentice
> bubble2 422 Posts
deptrai1
02-02-2023 at 03:45 PM.
02-02-2023 at 03:45 PM.
I opened an account 18-Jan-2022 with a 10,000 initial deposit. Today they sent me this email:

Your account is no longer eligible

Thank you for enrolling in the $100 Cash Bonus. Unfortunately, your Online Savings Account did not meet the requirements as stated in the Offer Terms for the promotion and is no longer eligible for the bonus.

Thanks for being a customer. If you have any questions, feel free to give us a call.
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Aug 2006
Permanently banned because serra said so.
> bubble2 3,956 Posts
542 Reputation
nope89
02-02-2023 at 04:02 PM.
02-02-2023 at 04:02 PM.
Quote from deptrai1 :
I opened an account 18-Jan-2022 with a 10,000 initial deposit. Today they sent me this email:

Your account is no longer eligible

Thank you for enrolling in the $100 Cash Bonus. Unfortunately, your Online Savings Account did not meet the requirements as stated in the Offer Terms for the promotion and is no longer eligible for the bonus.

Thanks for being a customer. If you have any questions, feel free to give us a call.
Same thing happened to me. I'm moving my money out to an account with a higher rate. I met all of the requirements so I can't really trust their bonus process.
Reply
Page 6 of 7
Start the Conversation
 

More Finance Deals & Discounts

Link Copied

The link has been copied to the clipboard.