Marcus $100 Savings Bonus + Up to 5.40% APY

Marcus by Goldman Sachs is offering a $100 bonus for both new and existing customers when they add new funds in a savings account! This savings account also consistently offers one of the highest APY rates so it’s a great place to park your money.

The base APY for this account is 4.50%. You can get an additional 1.00% APY bonus when you use the referral link in this post to open an account and an extra 0.10% APY bonus with an AARP membership. All together, you can get up to a 5.60% APY on your savings!

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase BankSoFi, U.S. Bank, and Axos Bank.

This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Marcus By Goldman Sachs

Marcus by Goldman Sachs is a brand of Goldman Sachs Bank USA that rewards savers with higher payouts. It’s an online bank that was launched in 2016 with 3 guiding principles: value, transparency, and simplicity.

Marcus offers high-yield savings accounts, high-yield Certificates of Deposits (CDs), and no-fee personal loans. As of June 2022, the bank had $96 billion in deposits.

Marcus by Goldman Sachs - 3 principles
(Image from Marcus by Goldman Sachs)

Marcus Savings $100 Bonus Offer

Marcus is offering $100 when you deposit $10,000 or more in new funds into a new or existing Online Savings Account within 10 days of enrollment. You must maintain those funds plus your current balance for at least 90 days.

This bonus is stackable with other deals from Marcus Bank. If you’re a new customer, open an account with the referral link in the next section first to earn an extra 1.00% APY for 3 months. All customers can also earn an extra 0.10% if they’re an AARP member which you can get for free.

See the next few sections of this post for my commentary on these combined deals.

Stacking Opportunity #1

New Marcus customers can sign up with a referral link from an existing customer and get an extra 1.00% APY for 3 months (here’s mine).

Coincidentally, 3 months is the same time is takes to get the $100 bonus so this stacks very nicely together.

Stacking Opportunity #2

You can get an extra 0.10% APY from Marcus if you’re an AARP member, which you can make money from joining through Swagbucks.

AARP members can add the additional 0.10% APY bonus by verifying their membership with Marcus.

How To Get $100 Bonus

Both new and existing customers are eligible for this public bonus. To claim your Marcus $100 bonus, simply follow these 3 steps:

  1. Open an Account if you’re a new customer via this link and then enroll in the offer after your account has been created or simply enroll in the offer as an existing customer.
  2. Deposit Funds: Within 10 days of enrolling, deposit $10,000 or more in new funds. Keep the funds in your account for 90 days.
  3. Receive $100: Success! Marcus will automatically deposit $100 into your new account within 14 days of completing the bonus requirements.

Where Do I Enroll?

Existing customers and new customers (after opening an account with the 1.00% APY bonus) can click this enrollment button to claim the bonus:

What Are The Details?

Availability: Nationwide
Expiration: 6/15/23
Household Limit: None (everyone in your family can get the bonus!)
Direct Deposit Required: No
Hard/Soft Pull: Soft
Early Account Termination Fee: None

Claim your Marcus $100 bonus in 3 steps
(Image from Marcus by Goldman Sachs)

Avoiding Fees

Fortunately, there are NO monthly fees to worry about and there’s no early account termination fees either!

Terms & Conditions

Here are the $100 savings bonus offer terms:

  • To qualify for the $100 Savings Bonus, you must first enroll in this offer at http://www.marcus.com/us/en/savings/osa-savingsbonus or by calling Marcus at 1-855-730-SAVE (1-855-730-7283). Upon successful enrollment you will receive a confirmation of your enrollment via email or U.S. mail.
  • After enrollment, you must deposit $10,000 or more in new funds (internal transfers won’t count) into your Marcus Online Savings Account within 10 days of enrollment and maintain at least $10,000 of those new funds in that account in addition to the account balance at the time of enrollment for 90 consecutive days from the date of reaching the required dollar amount. Multiple deposits are allowed to reach the required dollar amount and can be made by joint owners for a joint account.
  • Offer available to new and existing customers. Each customer is limited to one bonus offer, which can only be applied to a single account. For eligibility purposes, each joint owner will be treated as a separate customer. For example, if you apply the bonus offer to a joint account, the remaining joint owner(s) may apply this offer to another account they own if they have not done so already.
  • The bonus will be deposited into your account within 14 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.

The Bottom Line

Good deal on its own, but it becomes a really good deal when you combine it with other Marcus deals.

Locking up $10,000 for 90 days for a $100 bonus gives you a return of approximately 4.00% APY. The Marcus savings account also provides a 4.40% interest rate. Together, this is a total return of 8.40% APY.

If you’re a new customer and stack this with the referral bonus along with the AARP bonus, the total return shoots up to over 9.50% APY!

Here’s a list of the best high-yield savings accounts. Some of the accounts on there offer nice sign-up bonuses as well. I’ll add this Marcus by Goldman Sachs offer to the list of the best bank bonuses.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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D Str
D Str
1 month ago

I talked with Marcus customer service and there is no $100 bonus at Marcus at the moment. So where are you hearing that information?

Eric
Eric
9 months ago

+1 that Marcus rates have been great! If anyone wants to try it out I have 4 spots left. Current rates are 5.3% APY (4.3% + 1% bonus) and as Johnny mentioned you can get another 0.1% bump for 2 years if you’re an AARP member.

marcus.com/share/ERI-GKQ-T2MH

Johnny
Johnny
9 months ago

Thanks John! Nice deal even without the $100 bonus. I can’t find anything better than Marcus HYSA at 5.40%.

Granted, you need to refer someone and join AARP to get the higher rate, but it’s worth it if you have a lot of money. I’m using this Marcus by Goldman Sachs until my boosted rate ends. I opened a high yield savings account without any loops to jump through from this post of yours and will transfer my funds to there afterward.

Taylor
Taylor
1 year ago

Thanks to those who posted referrals! Here is mine for anyone who would like to sign up for the bonus:
marcus.com/share/TYL-8ZF-ANBX

Edit: There are still 3 spots left! Thanks to the ones who have used it.

Aileen
Aileen
1 year ago

I just signed up with a code shared on this section. Great deal! Please feel free to use mine:
marcus.com/share/AIL-YPU-RHRZ

Tammy
Tammy
1 year ago

3.75% Savings APY
+ 1.00% Referral Bonus
4.75%
For 3 months
Click on the link below and enjoy the Extra Referral Bonus and Thank you for helping me out too!!

marcus.com/share/JAM-E3N-WGHM

Annual Percentage Yield as of March 01, 2023. APY may change at any time before or after account is opened.

Ramona
Ramona
1 year ago

Here’s another referral link with 5 spots left! This will get you a additional 1% APY bonus (4.50% APY total at the time of writing) and can be stacked with the current $100 bonus offer for depositing $10k.

marcus.com/share/RAM-FJL-FN8G

Bob
Bob
1 year ago

Your step 1 about the $100 bonus is confusing. It says no sign up code required, but there’s a button on the web site you need to click to enroll in the bonus, BEFORE making a deposit. I used your referral link and didn’t see the enroll button until after I created the account and made the transfer. Called customer support and explained the situation, but they said there’s nothing they can do. An additional transfer of 10,000 for a total of 20,000 would be required.

Kelsey
Kelsey
1 year ago

Here’s another referral link with 5 spots left! This will get you a 1% APY bonus (4.30% APY total at the time of writing) and can be stacked with the current $100 bonus offer for depositing $10k.

marcus.com/share/KEL-CFS-5UME

Chris
Chris
1 year ago

Here’s a link for the referral bonus. Earn and extra 1%, so 4.3% total. Great platform, highly recommend.

marcus.com/share/CHR-JEW-IW5F

Aimee
Aimee
1 year ago

They increased the base APY to 3.30%, so it’s now a total of 4.30% APY! Feel free to use my link if you’re looking to sign up 🙂

marcus.com/share/AIM-VH4-PM57

Iri Aui
Iri Aui
1 year ago

I just wanted to clarify that after you sign up, you can login to view your account. Under your account details, there will be an active offer: Referral Bonus. When you click on details, it will show your date referral bonus start and ends. If you do not see that even after applying any codes, you can easily call their US Toll-Free phone number at 1-855-730-7283 or chat with them. They are open 24 hours a day and 7 days a week.

My bonus at first didn’t reflect but after I chat with their representative, they added the code and it showed up on my account instantly. Do this when you open to make sure the bonus is going to apply. Don’t wait 90-days, if the code didn’t go through, you will not get the offer.

If you want a referral code, the interest will be 2.70% as of 9/1/2022: marcus.com/share/CAR-EMQ-CHLE

+ This post is about the referral offer and not of the expired $100.00 bonus.

Daniel
Daniel
1 year ago

2.70% for online savings account currently with Marcus if you sign up with my referral link: marcus.com/share/DAN-XAS-YB64

This 1% bonus is good for new online savings or CD accounts.

VS
VS
1 year ago

with referral bonus, Goldman Sachs Marcus, now 2.7% APY on online savings FDIC insured. please use this link once you reached the referral limit: marcus.com/share/VER-R6F-6WXP

Edit: That was fast. All five of my referrals have been taken for this year. Thank you!

bonnie
bonnie
2 years ago

Just contacted Marcus “chat” regarding this bonus…. they are denying saying that I didn’t apply the correct “code”. I fought with them about not needing a code… following all their rules, etc. all according to the verbage here. They wouldn’t budge. Just kept spewing that I didn’t use the correct promo code. It’s been the 90 days required with the amount required. So… good luck. It looks like most who signed up for the bonus should know by now if they get/got the bonus. I would love to see if the majority of folks got theirs.

Randy
Randy
2 years ago
Reply to  bonnie

I got my first bonus from them a while back, when I opened my account. I just got my bonus from this offer too.

Phil
Phil
2 years ago
Reply to  bonnie

They just told me the same thing. I signed up using a link to their promotion, so I don’t understand how that’s possible.

Mr.
Mr.
2 years ago
Reply to  bonnie

There is no code required! I am sick of these scum liar banks trying to rip off consumer and the poor public! For anyone who has been ripped off go to helpwithmybank.org

I have had very good success with them after filing a complaint on there. It takes about 2 weeks and the banks usually make it right because they are afraid of bad stats from the gov. I would also like to see more class actions against these cheap liar misleading scam bank promotions!! Good luck to All!

CJR
CJR
2 years ago
Reply to  bonnie

I had the same experience. The rep denied that a bonus could be applied to a joint account under one owner and a single owner account under the other joint owner. Claimed that I didn’t use the correct “code” and wasn’t eligible because I’m also a joint owner on another account that received the bonus.

DYC
DYC
2 years ago

Tried opening an account yesterday. Got a popup windows stating I did not qualify for the $100 bonus as I wasn’t a new customer. Got on their chat and was told the promotion ended. That’s not what the popup or tour website stated. So much for customer. Told the chat person to closed the account as I will not fund.

Jean
Jean
2 years ago

Getting $100 on top of a higher rate is a steal deal! Referral link in case anyone still needs one! 🙂

marcus.com/share/JEA-8AW-8TVB

Indie
Indie
2 years ago

Fantastic deal — Marcus has been great at updating their interest rates to be competitive.

Here’s my referral link: marcus.com/share/IND-R47-WRKM thanks in advance

Aaron
Aaron
2 years ago

If you already have more than $10,000 in your account. Can you withdraw that, then enroll, then re-deposit the $10,000 and still get the $100 cash bonus?

Diana Tsang
Diana Tsang
2 years ago

Referral link!
marcus.com/share/DIA-JJW-UQII

Jonathan Z.
Jonathan Z.
2 years ago
Reply to  Diana Tsang

Used your referral, Diana! 🙂

Here’s mine: marcus.com/share/JON-YY8-Q9UH

Ken
Ken
2 years ago

Hi there, love your content! Just to clarify, you mention there is no referral link required for the $100 bonus, but is there a referral link required to get the additional .20% APY for the first 3 months? How can we ensure we get that part of the offer? If you have a link I’d be happy to use yours 🙂

Thanks in advance!

yier
yier
2 years ago

Hello, TMN,
When I clicked on your “direct link”, it says “sorry page can’t be found”. Just thought you would like to know that.