Marcus new bonus rate

SpanishBlue

Just renewed mine on Monday, so locked in for another 12 months.


I suspect it will change again more than once in the coming year.

alanwsg

Marcus just got wise to us renewing the bonus rate period each time we log in...

New bonus rate available has dropped from 0.15% to 0.1%
If you renew, your interest rate immediately drops.

18cc

Yes I suspect the drop in bonus rate is more about trying to stop people renewing every 5 minutes rather than a desire to drop the rate per se.

dcs34

Well the rate has dropped for new customers to 1.45% too

Speedbird676

Luckily I renewed mine on Sunday, even though it wasn't due to end until next month.

masonic

The reduction may have more to do with the outlook for interest rates than a handful of customers renewing too frequently. After all, they could limit the rate of renewals if that's what they really wanted.

Renewed mine on Saturday, so I'm glad I caught the end of the 0.15% bonus.

typistretired

I renewed mine to August next year thanks to original poster, otherwise would have reduced next month.

djpailo

Missed it, oh well.

crumpetman

It's only 50p per £1000 saved so I wouldn't worry over it.

1Foz

Weird. Had a phone call from Marcus asking if I was related to a Lord of the house by the name of Donald Michael Ellison. I've no idea who he is and when I asked about the nature of the enquiry they said it was protocol to ask about relations to peers. Pretty sure they would have worked out that I wasn't from my postcode in all honesty. And if I was a relation of his, I'd probably have a hedge fund, rather than a 1.5% account with them!