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

123vindaloo321

Have just managed to add the 0.1% bonus onto my existing account :-)

AlwaysLearnin

Got it too. Thanks OP. 

deejaybee

Added it as well, thanks for the heads-up OP.

sausage_time

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.

roddydogs

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

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

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

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!

RG2015

george4064 said:

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

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

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.