2026.1 Update: There is currently a deposit bonus promotion. The enrollment link is here, and the bonus-to-deposit tiers are shown in the table below. The bonus rate is very attractive. Considering that Marcus already offers a fairly competitive interest rate, it’s even better if you can stack this with an additional referral boost. You need to keep the funds deposited for at least 90 days. The nice part is that both new and existing users are eligible to participate!
| Cash Bonus | $100 | $750 | $1,500 |
|---|---|---|---|
| Deposit & maintain new funds | $10,000+ | $50,000+ | $100,000+ |
2021.1 Update: There is a $100 offer for new & existing customers, deposit requirement is $10,000. Enroll by 2021.02.12.
Application Link
Benefits
- $100 offer for new & existing customers. See below for detailed requirements. Enroll before 2026.3.11.
- $0 monthly fee.
- Interest rate (APY) is one of the best among savings accounts.
- Very nice referral boost: +0.25% Cash Bonus total over 3 months for both parties. On an annualized basis, this is equivalent to an additional +1% APY. Earn up to 5 referrals per year.
- One thing to watch out for: many people have run into issues where, after depositing funds, attempting to transfer the money out to a different bank account triggers a risk review. To be safe, it’s best to use the same bank account for both incoming and outgoing transfers.
Bonus Requirements
- The bonus offer is for both new and existing customers. You must enroll with this link first.
- The bonus-to-deposit tiers are shown in the table below. You’ll have to deposit some amount of “new money” within 10 days of enrollment, and maintain those funds plus your current balance for 90 days (starting from the end of 10 day funding period). “New money” means the money that is not already in Marcus accounts. Withdrawals may result in a lower bonus.
Cash Bonus $100 $750 $1,500 Deposit & maintain new funds $10,000+ $50,000+ $100,000+ - The terms contain an anti-gaming language: “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. “
Summary
The bonus offers from Marcus are usually for both new and existing customers, which is very nice. The APY is also very decent, therefore you can keep this account for long term.
Application Link
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