Offer at a glance
- Max Bonus Amount: $100
- Direct Deposit Required: No
- Additional Requirements: $10,000 deposit (new funds)
- Hard/Soft Pull: Soft pull
- Credit Card Funding: None
- Monthly Fees: None
- Availability: Nationwide, new or existing users
- Expiration Date: enroll by February 16, 2022 and fund within 10 days
- Insured: FDIC
The Offer
- New or existing Marcus by Goldman Sachs customers can enroll to be eligible for $100 bonus when depositing $10,000 in new funds within 10 days of enrollment and maintaining those funds plus your current balance for 90 days.
You must enroll first. Do not enroll until you are ready to fund since you only get 10 days to fund starting from enrollment date.
The Fine Print
- Offer valid from 1/19/22 to 2/16/22 (“the Offer Period”). To qualify for the $100 Cash Bonus (the “Offer”), you must enroll a Marcus Online Savings Account in this offer at https://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 ET on 2/16/22. 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 addtion to the account 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.
- We reserve the right to modify or revoke this offer at any time without notice. If we determine that you have engaged in or plan to engage in abuse or gaming in connection with this offer, you will not be eligible for this offer.
Our Verdict
Marcus offered a similar deal in March 2019, then in January 2020, then in January 2021, and now in January 2022; they also offered a $500 deal in July 2019. It’s worth holding a Marcus account as the bonuses all seem to be for new or existing customers.
Locking up $10,000 for 90 days and getting $100 is a APY of roughly 4%, added to their regular .50% interest rate (see Best Savings Rates) for a total 4.50% return. Pretty nice offer, especially if you already have a Marcus account open. I plan on doing this one. We’ll add this to our list of Best Bank Bonuses.
You can always get an extra .10% APY from Marcus if you are an AARP member, and new Marcus members can sign up with a referral link and get an extra .50% APY for 3 months for a total 1.00% APY; that stacks nicely with the $100 bonus (this can stack on top of the AARP deal as well for 1.10% APY). Do not leave your referral link in the comments below, you can find and leave links in this dedicated post (now closed to new comments).
Hat tip to reader Celia
