Marcus is live!

darren72

Doc_N wrote: »

Payments into and out of Santander are pretty much instant. Not so with Marcus.

I'm not sure about that? - I've made payments in and out of my Marcus account to/from my linked account and never had to wait more than 5 minutes for the transfers to complete.

Doc_N

darren72 wrote: »

I'm not sure about that? - I've made payments in and out of my Marcus account to/from my linked account and never had to wait more than 5 minutes for the transfers to complete.

Maybe it's improved. My early transfers were taking hours rather than minutes. I wasn't impressed either by its being down for several hours.

darren72

Doc_N wrote: »

Maybe it's improved. My early transfers were taking hours rather than minutes. I wasn't impressed either by its being down for several hours.

OK. Not sure why that happened. Also when it was 'down for several hours' I was able to login without issues during that time. Maybe it was only affecting some accounts. Not sure why though.

Steve_xx

Doc_N wrote: »

Payments into and out of Santander are pretty much instant. Not so with Marcus.

You must have encountered a glitch. I made a payment from Marcus today and it was there in minutes.

NoviceAngel

Does anybody know if you can open more than one Marcus savings account ?

Steve_xx

NoviceAngel wrote: »

Does anybody know if you can open more than one Marcus savings account ?

Yes, you can.

Bleg

Steve_xx wrote: »

Yes, you can.

No you cannot

NoviceAngel

Since there was a difference of opinion, I’ve just called them and the definitive answer is :-No you can only have one Marcus account.

ColdIron

NoviceAngel wrote: »

Does anybody know if you can open more than one Marcus savings account ?

Not according to CS, one account per named person, though I haven't seen it stated anywhere myself

NoviceAngel

ColdIron wrote: »

Not according to CS though I haven't seen it stated anywhere myself

No that’s quite unusual - CS told me it was for security reasons ?!?!
With savings accounts there’s not normally a limit to the amount you can have unless of course it’s an ISA or regular saver.

I only asked because I linked my Marcus initially to my 123 and since changing to Lloyd’s as my main current account and downgrading my 123 to lite, it means me having to transfer money in and out of 123 lite to then pass it over to Marcus. The only other option is to change the linked account that involves downloading a form and then sending that off with a current account statement from the new account to get things swapped over and that’s a bit of a faff.