Marcus $100 Savings Bonus + Up to 4.85% 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 3.75%, but you can get an additional 1.00% APY bonus (0.25% bonus interest every 3 months) 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 4.85% APY on your savings!

For more current bank offers, see our bank bonuses page. The most popular offers are from Chase Bank, SoFi, KeyBank, BMO 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 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 (0.25% bonus interest) 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

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 3.75% interest rate. Together, this is a total return of 7.75% 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 8.85% 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.