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Ted
Ted

I am going to skip this one, and I don’t think I’ll regret it. You’ll really have to do better than 4% to get me to lock up that chunk of change. That said, nice to see it out there.

Jeff
Jeff

Just enrolled now and immediately pulled $10k from Ally. Says that transfer will be initiated today and will start earning interest, but funds won’t be available until 2/22, 11 days from now. Hope this doesn’t affect bonus payout. Took screenshots of course as always.

Otherwise it’s a good place to park $10k for 3 months then use it for a local bank bonus that expires end of May (also requires 10k deposit). Thanks!

Fred
Fred

The availability thing is normal (5 business days). My account shows I completed the deposit requirement on 2/11 and need to maintain eligibility until 5/11, even though my funds are not available until 2/19.

Celia
Celia

Thanks for the reminder. I wasn’t going to pull the trigger on P2 but just noticed Discover’s rate went down to .45 so might as well move some more over to Marcus now.

lilurbanachiever
lilurbanachiever

This is expiring tomorrow. Just enrolled a few mins ago.

Gary
Gary

I was able to enroll and see on my account the 100 offer being applied on 8:30AM PST Feb 11, 2021. I also got the email confirmation my bonus enrollment. So I guess YMMV?

jch
jch

Offer not expired. I chatted w/agent who said they were having trouble but it would be fixed. I tried again and link worked and was able to enroll @ 7:55am PST. Received notice online saying I was enrolled.

Anon
Anon

Offer expired early. I attempted to enroll this morning and got an error message. When I called, customer service told me that it was no longer available.

DP719
DP719

Anon You may wish to try again. See Gary’s post above.

Matt
Matt

Question: I signed up to Marcus using a referral link on the DoC referral page (commenting closed on that page, so I can’t ask this question there). I used a referral link, but I don’t seem to be receiving the referral bonus of +0.20% APY. I just initiated the bank transfer a few minutes ago, so maybe that’s the reason. But I did check the Marcus FAQ and it seemed to suggest that the bonus would be activated on day one of the account opening. Is this normal (and I’ll start receiving the bonus soon) or should I try to contact Marcus customer service? Thanks!

Matt
Matt

Never mind. I contacted Marcus by text chat. They saw no record of me using the referral link, but they were to retroactively apply the referral code to my account. All fixed. Took about 4 minutes. So far I’m very happy with the customer service. I was worried that that would take MUCH longer to get fixed, lol.

Richard8655
Richard8655

For existing customers, advise opening a separate account to fund the $10k+. Otherwise if funding an existing account, you won’t be able to withdraw any funds from that account fo 90 days without losing the bonus.

Eric
Eric

Based on the terms, I don’t think what you wrote is accurate. I think it’s okay to withdraw the interest. I probably won’t though.

Fred
Fred

Terms specifically say “maintain at least $10,000 of those new funds in that account in addtion to the account to the account balance at the time of enrollment.” So you would be fine withdrawing interest.

Richard8655
Richard8655

The interest, probability yes. But any money in an account where the 10k was deposited can’t be withdrawn without losing the bonus. This was confirmed when I called Marcus customer service. That’s why I recommend putting the 10k in its own separate account, which is easy to do. Unless no plans to withdraws any funds anyway for 3 months.

Eric
Eric

I don’t follow your logic. Whether it’s a new or an existing account, $10K+ needs to stay in the account at all times to qualify for the bonus.

jduck
jduck

10K of the NEW funds have to stay. Since you can’t specify FIFO when withdrawing funds like you can when selling off stocks, they would have reason to deny the bonus. If you deposited 15k into an existing account and later withdrew 5k, you would still be fine.

tjk144
tjk144

What makes you think that there is any difference in being able to withdraw funds in a new account vs an existing account?

Richard8655
Richard8655

Talking to Marcus customer service.

Alex
Alex

Looks like this has been pulled early. The page no longer works (I even have an email from them directly and the page says the offer is no longer available).

Davis
Davis

link still works for me

Looney Tunes
Looney Tunes

Still works for me also as does the link in the email they sent me.