Marcus is live!

hollie.weimeraner

Well this has timed very nicely with my Leeds BS ISA maturing. All my other interest paying bank accounts are maxed out.

Zanderman

jeepjunkie wrote: »

The UK banks could learn from this... if they don't I see trouble ahead.
So refreshing to have an instant access savings account again that actually pays interest
Cheers

It's not really 'refreshing'. There are loads of instant access accounts out there.

This one merely pays a little bit more interest than most.

But not a huge amount more than, say, Tesco Internet Saver, who regularly relaunch their introductory 12 month rate of about 1.36%. So this is a mere 0.14% more than you'd have been getting with Tesco for ages.

I've opened a Marcus account, but I'm not going to rave about it. It aint that special.

Shashy

I've read these responses with interest and can see 2 sides of the debate so far:

A) "This is great - finally an instant access that pays a decent rate"
"This isn't that great - it's been possible to get a similar rate with instant access for years"

Neither of the above cover my own reasons for opening the account; the only thing tying me to the bag of steaming proverbial that is TSB is the 1.5% I can get on the first £1,500. Marcus, dear new friend Marcus, is my escape. I can switch my current account to Halifax (way newer/better version of the same internet banking platform) and now get 1.5% on my emergency fund.

Decent.

glider3560

Shashy wrote: »

I've read these responses with interest and can see 2 sides of the debate so far:

A) "This is great - finally an instant access that pays a decent rate"
"This isn't that great - it's been possible to get a similar rate with instant access for years"

Also, finally an instant access account paying a good rate where Faster Payments actually arrive within 2 hours. Most will only process withdrawals overnight (or 5:30pm the next evening for Birmingham Midshires).

katies_mum

Hi, can any one help with a quick question please? has anyone had to scan and upload ID? I`ve not applied yet but wondering if I need to scan ID ready? thanks

25_Years_On

katies_mum wrote: »

Hi, can any one help with a quick question please? has anyone had to scan and upload ID? I`ve not applied yet but wondering if I need to scan ID ready? thanks

I didn't but I guess it depends on what information they can get on you. I've never had to do this for online accounts.

sprouty76

katies_mum wrote: »

Hi, can any one help with a quick question please? has anyone had to scan and upload ID? I`ve not applied yet but wondering if I need to scan ID ready? thanks

I didn't need to. The sign up was really smooth and quick.

RG2015

katies_mum wrote: »

Hi, can any one help with a quick question please? has anyone had to scan and upload ID? I`ve not applied yet but wondering if I need to scan ID ready? thanks

I opened mine in a couple of minute and there was no ID scanning required.

katies_mum

Thanks thats great to know

hollie.weimeraner

jeepjunkie wrote: »

I've taken advantage of every other offer so to me this is great

I wouldn't say it's great but it is one of the best of a bad bunch:D