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forum thread Posted by Joedaddy123 • May 8, 2023
forum thread Posted by Joedaddy123 • May 8, 2023

Marcus High-Yield Savings 0.1% rate bump for 24-months using AARP (profit after rebates)

$12

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https://www.aarp.org/membership/b...4%20months.

0.1% rate bump for 24 months for AARP members. Membership is $12 a year and you can cancel after a year, and it should still continue the 0.1% rate bump in year two.
This deal is useful if you bank with Marcus already. I wouldn't open their savings account just to get this 0.1% bump.

Here is the real deal/method to get this bump for free/at a profit:
Multiple rebate sites offer $5-$15 rebate for joining AARP for only a year. $12.60 for the rebate site I used.
BofA credit card should have AARP rebate ($8) for offer CC-holders. I used a BofA one for $8 rebate
Net $20.60 - $12 = $8.60 profit plus 0.1% rate bump for 24 months. AARP membership is free, but I'm not sure what I've used this for in the past.

May not be worth your time unless you have good amount of cash, but this is SD.. free $10+ is worth the 10-minute signup
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About the Poster
https://www.aarp.org/membership/b...4%20months.

0.1% rate bump for 24 months for AARP members. Membership is $12 a year and you can cancel after a year, and it should still continue the 0.1% rate bump in year two.
This deal is useful if you bank with Marcus already. I wouldn't open their savings account just to get this 0.1% bump.

Here is the real deal/method to get this bump for free/at a profit:
Multiple rebate sites offer $5-$15 rebate for joining AARP for only a year. $12.60 for the rebate site I used.
BofA credit card should have AARP rebate ($8) for offer CC-holders. I used a BofA one for $8 rebate
Net $20.60 - $12 = $8.60 profit plus 0.1% rate bump for 24 months. AARP membership is free, but I'm not sure what I've used this for in the past.

May not be worth your time unless you have good amount of cash, but this is SD.. free $10+ is worth the 10-minute signup

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20 Comments

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May 8, 2023
6,008 Posts
Joined Jun 2005
May 8, 2023
Wildpir8
May 8, 2023
6,008 Posts
I'm also seeing an $8 back on a $12+ AARP membership offer on multiple Chase cards.
Pro
May 8, 2023
8,313 Posts
Joined Jul 2006
May 8, 2023
fbueller
Pro
May 8, 2023
8,313 Posts
AARP membership is very much not free.
May 8, 2023
253 Posts
Joined Nov 2019
May 8, 2023
GreenIdea3316
May 8, 2023
253 Posts
Apple Card pays more still and treasury bills way better, but this is better than a typical bank
May 9, 2023
777 Posts
Joined Jul 2022
May 9, 2023
GreyField2811
May 9, 2023
777 Posts
The $12.6 is for First Subscription Purchase, doesn't apply to membership purchase?
1
Original Poster
May 9, 2023
469 Posts
Joined Dec 2017
May 9, 2023
Joedaddy123
Original Poster
May 9, 2023
469 Posts
Quote from GreyField2811 :
The $12.6 is for First Subscription Purchase, doesn't apply to membership purchase?
It does
May 9, 2023
777 Posts
Joined Jul 2022
May 9, 2023
GreyField2811
May 9, 2023
777 Posts
Quote from Joedaddy123 :
It does
Cool, went with the $15 one, let's see.
1
May 9, 2023
777 Posts
Joined Jul 2022
May 9, 2023
GreyField2811
May 9, 2023
777 Posts
btw, marcus bump up the rate today, so with referral 1% and AARP 0.1%, the effective saving rate is 5.25% now.
1

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May 9, 2023
6,763 Posts
Joined Aug 2005

This comment has been rated as unhelpful by Slickdeals users.

May 9, 2023
6 Posts
Joined Feb 2020
May 9, 2023
AmusedMaid8480
May 9, 2023
6 Posts
Quote from amax :
This doesn't belong in the Hot Deals forum. Everybody who knows about Marcus, knows about this feature already.
Sorry but I did not know about this/ Thanks OP!
May 9, 2023
132 Posts
Joined Jun 2011
May 9, 2023
undisturbed316
May 9, 2023
132 Posts
Quote from amax :
This doesn't belong in the Hot Deals forum. Everybody who knows about Marcus, knows about this feature already.
Highly incorrect. While this may not be an out of this world deal, thanks OP for this since I have a Marcus account and did not know about this.
May 9, 2023
11,525 Posts
Joined May 2005
May 9, 2023
smartdeals
May 9, 2023
11,525 Posts
aarp for senior or junior?
May 9, 2023
670 Posts
Joined Oct 2021
May 9, 2023
BackFromTheDead21
May 9, 2023
670 Posts
Quote from amax :
This doesn't belong in the Hot Deals forum. Everybody who knows about Marcus, knows about this feature already.
The omnipotent SDer! No, "everyone" didn't know about this.
May 9, 2023
973 Posts
Joined Apr 2017
May 9, 2023
publicpersona
May 9, 2023
973 Posts
Quote from GreyField2811 :
btw, marcus bump up the rate today, so with referral 1% and AARP 0.1%, the effective saving rate is 5.25% now.
For full disclosure, you might mention the 1% referral bonus is only for 3 months.

I have used Marcus before especially with their $100 bonus on $10K recently, and they are OK, But with a settlement account at Vanguard yielding over 5% lately, it isn't all that great.
May 9, 2023
777 Posts
Joined Jul 2022
May 9, 2023
GreyField2811
May 9, 2023
777 Posts
Quote from publicpersona :
For full disclosure, you might mention the 1% referral bonus is only for 3 months.

I have used Marcus before especially with their $100 bonus on $10K recently, and they are OK, But with a settlement account at Vanguard yielding over 5% lately, it isn't all that great.
As long as you keep refer new members, say the people in your household, each referral earns another 3 months, pretty easy to extend.
1

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Original Poster
May 9, 2023
469 Posts
Joined Dec 2017
May 9, 2023
Joedaddy123
Original Poster
May 9, 2023
469 Posts
Marcus interest is up to 4.15% now 4.25% after this "promo."

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