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forum threadJoedaddy123 posted May 08, 2023 06:45 PM
forum threadJoedaddy123 posted May 08, 2023 06:45 PM

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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Community Notes
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 08, 2023 07:11 PM
6,068 Posts
Joined Jun 2005
Wildpir8May 08, 2023 07:11 PM
6,068 Posts
I'm also seeing an $8 back on a $12+ AARP membership offer on multiple Chase cards.
May 08, 2023 08:52 PM
8,409 Posts
Joined Jul 2006
fbuellerMay 08, 2023 08:52 PM
8,409 Posts
AARP membership is very much not free.
May 08, 2023 08:56 PM
257 Posts
Joined Nov 2019
GreenIdea3316May 08, 2023 08:56 PM
257 Posts
Apple Card pays more still and treasury bills way better, but this is better than a typical bank
May 09, 2023 01:55 AM
777 Posts
Joined Jul 2022
GreyField2811May 09, 2023 01:55 AM
777 Posts
The $12.6 is for First Subscription Purchase, doesn't apply to membership purchase?
1
Original Poster
May 09, 2023 01:58 AM
478 Posts
Joined Dec 2017
Joedaddy123
Original Poster
May 09, 2023 01:58 AM
478 Posts
Quote from GreyField2811 :
The $12.6 is for First Subscription Purchase, doesn't apply to membership purchase?
It does
May 09, 2023 02:17 AM
777 Posts
Joined Jul 2022
GreyField2811May 09, 2023 02:17 AM
777 Posts
Quote from Joedaddy123 :
It does
Cool, went with the $15 one, let's see.
1
May 09, 2023 02:18 AM
777 Posts
Joined Jul 2022
GreyField2811May 09, 2023 02:18 AM
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.
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May 09, 2023 06:06 AM
6,953 Posts
Joined Aug 2005

This comment has been rated as unhelpful by Slickdeals users.

May 09, 2023 10:54 AM
6 Posts
Joined Feb 2020
AmusedMaid8480May 09, 2023 10:54 AM
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 09, 2023 11:18 AM
134 Posts
Joined Jun 2011
undisturbed316May 09, 2023 11:18 AM
134 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 09, 2023 11:31 AM
11,622 Posts
Joined May 2005
smartdealsMay 09, 2023 11:31 AM
11,622 Posts
aarp for senior or junior?
May 09, 2023 12:21 PM
670 Posts
Joined Oct 2021
BackFromTheDead21May 09, 2023 12:21 PM
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 09, 2023 01:25 PM
989 Posts
Joined Apr 2017
publicpersonaMay 09, 2023 01:25 PM
989 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 09, 2023 04:12 PM
777 Posts
Joined Jul 2022
GreyField2811May 09, 2023 04:12 PM
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.
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Original Poster
May 09, 2023 07:52 PM
478 Posts
Joined Dec 2017
Joedaddy123
Original Poster
May 09, 2023 07:52 PM
478 Posts
Marcus interest is up to 4.15% now 4.25% after this "promo."

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