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Marcus $100 Savings Bonus (New + Existing Customers)

Marcus by Goldman Sachs is offering a $100 bonus for both new and existing customers when they add new funds in a savings account!

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Ninja Update 4/26/22: Looks like the $100 bonus offer ended early. Like other readers, I haven’t received my bonus yet. I’ll reach out to Marcus and see what their official comment is.

The APY bonus is still available, but without the $100 sign-up bonus it makes it less appealing.

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:

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

Marcus offers high-yield savings accounts, high-yield Certificates of Deposits (CDs), and no-fee personal loans. As of December 2021, 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, you can open an account with this link to earn an extra 0.50% 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.

How To Get $100 Bonus

To claim your Marcus $100 bonus, simply follow these 3 steps:

  1. Open an Account or Log In: Enroll as either a New Customer or Current Customer (no offer code required).
  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.

Stacking Opportunity #1

New Marcus customers can sign up with a referral link from an existing customer and get an extra 0.50% 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.

Where Do I Enroll?

New customers can enroll using the the first button below to earn an extra 0.50% APY. Current customers can enroll using the second button to add the $100 bonus offer to their existing account.

Enrolling in the offer is super easy with no promo code or offer code required. You can create a new Marcus account or log in to your existing Marcus account for this $100 promotion.

What Are The Details?

Availability: Nationwide (new and existing customers)
Expiration: Expired
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)

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) by 11:59 PM EST. 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% APY. The Marcus savings account also provides a .60% interest rate. Together, this is a total return of 4.6% 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 5.10% APY!

I’ll add this to the list of the best bank bonuses.

15 thoughts on “Marcus $100 Savings Bonus (New + Existing Customers)”

  1. 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.

    Reply
    • 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.

      Reply
  2. 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.

    Reply
  3. 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?

    Reply
    • Creative thinking! You’re technically okay according to this line in the offer terms:

      “…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”

      Having said that, I’m not 100% confident that Marcus will award the bonus in this scenario. Celsius, a crypto platform, regularly has similar promotions to get existing customers to add new funds. Some have tried to withdraw assets before opting in to the offer and doing what you just said. They did not get the bonus.

      The worse thing that can happen is you try and don’t get the bonus.

      Reply
  4. 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!

    Reply
    • Hey Ken – thank you for the kind words and appreciate you asking for a referral link! I added my link to the post (and the referral bonus is now 0.50% APY instead of 0.20% APY 🙂

      Reply
  5. 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.

    Reply

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