NEW! Marcus Bonus Rate 0.1% giving 0.5% for 12m

Have just managed to add the 0.1% bonus onto my existing account :-)
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  • Got it too. Thanks OP. 
  • deejaybee
    deejaybee Posts: 885
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    Added it as well, thanks for the heads-up OP.
  • sausage_time
    sausage_time Posts: 684
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    Thanks!   New bonus will expire on 29/06/2022.
    Sad times when we all get so excited about 0.1%, but happy to take it.
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  • roddydogs
    roddydogs Posts: 7,478
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    edited 30 June 2021 at 8:21AM
    How? Haven't heard anything, getting .40  with Marcus. Update, got it now thanks. Really strange we have to rely on mse, why can't they send an e mail?
  • molerat
    molerat Posts: 31,497
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    roddydogs said:
    How? Haven't heard anything, getting .40  with Marcus.
    No onehas been informed.  You need to log into your account, view the account and at the bottom right is a Bonus rates statement with a click link "Review your savings"  You can do that as often as you like

  • RG2015
    RG2015 Posts: 5,754
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    edited 30 June 2021 at 7:30AM
    roddydogs said:
    How? Haven't heard anything, getting .40  with Marcus. Update, got it now thanks.
    I have been checking every day or two recently as I had a feeling they would bring the bonus back as rates are generally creeping up.

    This was not there at midday yesterday when I last checked so it must have been updated yesterday afternoon or early today.

    Many thanks to @123vindaloo321 for spotting this and posting here.
  • george4064
    george4064 Posts: 2,789
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    I wonder what would happen if Marcus decide to offer 0.55% on their easy access account? Would us people locked into our 0.1% bonus be stuck until June next year or would we be able to move onto the new higher bonus rate?

    I imagine (and hope!) it would be the latter, let’s hope we find out!
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  • RG2015
    RG2015 Posts: 5,754
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    edited 30 June 2021 at 8:07AM
    I wonder what would happen if Marcus decide to offer 0.55% on their easy access account? Would us people locked into our 0.1% bonus be stuck until June next year or would we be able to move onto the new higher bonus rate?

    I imagine (and hope!) it would be the latter, let’s hope we find out!
    I think the account only has one underlying rate, currently 0.40% pa. Based on past performance, they would not separately offer an account with 0.55% pa.

    Any new rate would be applied to all existing accounts and the bonus would continue to be managed online separately.
  • Malchester
    Malchester Posts: 853
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    If it is anything like the last time they had a bonus on the account you could periodically renew the bonus to to take advantage of the bonus for a bit longer. I remember that, back then, I went online to renew the bonus every few weeks, thus restarting the 12 month period. Don't know if that will be possible this time but I guess it could be possible.
  • where_are_we
    where_are_we Posts: 971
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    Rather disingenuous of Marcus. Why do you have to be proactive to get this bonus? There will be many who don`t realise that you can apply this increase to an existing account. I realise that the underlying rate (.4%) would have to change for everyone to benefit automatically.
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