Marcus by Goldman Sachs is offering double APY for three months when you refer a friend, the person being referred also receives the doubled rate for three months. Sadly 1% APY is actually the best rate currently available for basic saving account rates.
Previously they were offering just .20% APY increase, so the new offer is better.
Wow, a whole 1% APY but for 3 months. Banks are zeros.
If you can handle a 1 year lockup, I bonds are yielding 3.5% right now interest deferred. Likely will bump up to 5 or 6% in November as well. Buy straight from Treasury Direct
A year? Grotey!
One year is 0.07. Where r u seeing 3.5? Can you pls provide a link where you can buy at that yield.
I bond rates change every 6 months but that is the current composite rate. From treasury direct.com: The composite rate for I bonds issued from May 2021 through October 2021 is 3.54 percent. This rate applies for the first six months you own the bond
limited to 10k /yr though… https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
Can we post referral links here?
William Charles
The referral thread for Marcus is locked
No
No
So effectively a bonus of 0.125% on what you deposit. Pass. Waiting for them to do another $100 promo.
At least Marcus offered their promotion a few months ago to make us want to hang around. I’ve kept my ALLY account open this entire year waiting for a promo. Same with CIT. Nothing. Looks like in December I’ve got some pruning to do, and I don’t mean in the garden.