Re: Goldman Sachs entering UK Savings market
Posted: Mon Jun 15 2020 7:47pm
Marcus are dropping their easy access interest rate again on 12 October 2020.
It will be reduced from 1.05% to 0.70%.
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Goldman Sachs entering UK Savings market
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Re: Goldman Sachs entering UK Savings market
Posted: Fri Sep 25 2020 8:34am
Re: Goldman Sachs entering UK Savings market
Posted: Fri Sep 25 2020 10:01am
i'm long gone from Marcus.. i can't see why anyone would continue with them now.
Re: Goldman Sachs entering UK Savings market
Posted: Fri Mar 26 2021 1:51pm
Marcus dropped their interest rate to 0.50% on 11 December 2020 and it will decrease further to 0.40% from 1 April 2021.
This nevertheless still makes it the highest paying conventional easy access savings account available to new customers, according to current MSE listings (also matched by RCI Bank's Freedom Savings Account paying the same 0.40% rate).
This nevertheless still makes it the highest paying conventional easy access savings account available to new customers, according to current MSE listings (also matched by RCI Bank's Freedom Savings Account paying the same 0.40% rate).
Re: Goldman Sachs entering UK Savings market
Posted: Fri Mar 26 2021 7:45pm
if that's the best available, play a different game.
such as Bitcoin generating 6%.
or Pounds with local Co-op generating 2.25%.
such as Bitcoin generating 6%.
or Pounds with local Co-op generating 2.25%.
Re: Goldman Sachs entering UK Savings market
Posted: Mon Mar 29 2021 6:05pm
What are you all doing with your savings out of interest?
Re: Goldman Sachs entering UK Savings market
Posted: Tue Mar 30 2021 12:21am
not leaving them in 'Savings' is the key LPS..
investing in equities, investing in funds, stashing in Bitcoin, a little bit in cash with local Co-ops.
investing in equities, investing in funds, stashing in Bitcoin, a little bit in cash with local Co-ops.
Re: Goldman Sachs entering UK Savings market
Posted: Fri Jul 02 2021 3:47pm
Well, I guess every little helps...
Just done this, it makes their rate 0.50%... which is better than some!Marcus wrote:There’s currently a 12-month fixed bonus of 0.10% gross available on our Online Savings Account. There's no need to open a new account. You can simply add the bonus to your existing account.
You can add this bonus rate to your account by following the steps below.
About the bonus rate
• You’ll start earning interest on the new rate immediately after you add it to your account.
• Once the 12 months is up, the bonus rate will end and you’ll return to earning interest at the underlying rate, which is variable.
• You can renew the bonus on your account at any time, as long as there is a bonus rate available.
How to add a bonus to your account
1. Log into your Marcus account at marcus.co.uk.
2. Select 'View' next to your Online Savings Account to display your account activity.
3. Scroll down, then select ‘Review your savings’ under ‘Bonus rates’.
You’ll need to log in using a web browser, as you won’t be able to renew the bonus using our app.
Re: Goldman Sachs entering UK Savings market
Posted: Fri Jul 02 2021 5:22pm
but not enough to make it worthwhile maintaining an account imo
at least with building societies there is the element of membership of the organisation.. and there are better rates available elsewhere.
at least with building societies there is the element of membership of the organisation.. and there are better rates available elsewhere.
Re: Goldman Sachs entering UK Savings market
Posted: Wed Sep 29 2021 5:05pm
Marcus online savings account interest rate just went up to 0.60% AER/gross, including the 0.10% bonus for new and existing customers.