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Marcus is live!

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Comments

  • I'm hearing the Lehman Brothers are making a comeback guys

    1.51 percent

    get your money ready ;)
  • Such as the Post Office so-called 'Instant' Saver. Is it (issue 31) still paying 1.15%, and does anyone know the time limit (today) for getting money out of it and into my linked account tomorrow?

    Probably yesterday judging by the usual Post Office speed. I did a transfer out yesterday evening. It hasn't arrived yet.
  • Anyone tried transferring in a large amount yet, ie. 10k+?
  • mattytun
    mattytun Posts: 13,920 Forumite
    Rampant Recycler Xmas Saver! Savvy Shopper! Energy Saving Champion
    just this minute ill start the sign-up.
    Can't sleep, quit counting sheep and talk directly to the shepherd :cool:
  • darren72
    darren72 Posts: 1,307 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Anyone tried transferring in a large amount yet, ie. 10k+?

    Yes, no problems at all - Showed up within a few minutes.
  • ColdIron
    ColdIron Posts: 9,902 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Anyone tried transferring in a large amount yet, ie. 10k+?
    Yes, no problems, turned up in minutes. I also tested a small withdrawal, it appeared almost instantly. Mildly annoyingly there seemed to be nowhere to enter a reference so it just shows as a Counter Credit against my name in my linked account. I'm not going to die in a ditch about it though
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Opening process. Impressive.
    I started transferring a small amount of money from link a/c to this newly open a/c arrive in a few minutes.

    Transfer back a small amount to the link a/c agai arrive in a few minutes.

    I understand one of the main drawbacks is because there is promotional bonus of 0.15%. So after one year the interest will drop to 1.35%.

    I might be wrong but I found another drawback is that it will only
    allow two way communication between Marcus and link a/c.

    Using Faster payment you could only save the money from link account, and transfer money out to the link a/c can not be done tp another accounts.
  • adindas wrote: »

    I might be wrong but I 4 another drawback is that it will only
    allow two way communication between Marcus and link a/c.

    Or you could see it as an added security measure....as the bank does.
  • 18cc
    18cc Posts: 2,120 Forumite
    Great! Finally! a savings account thats paying only 0.75% below inflation
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Or you could see it as an added security measure....as the bank does.

    Some people have several bank accounts a/c and need bouncing the money forward and backward multiple times a week..
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