Marcus Savings Account, still worthwhile?

dealyboy

Hi @nottsphil ...

Does anyone know what the daily withdrawal limit is nowadays for Marcus?

... slightly buried on the website ...
"You can take out up to £20,000 in one day online. If you want to take out any more than that, you’ll need to call our Customer Care Team ..."

I think I've done withdrawals of about £15k in the past.

Malchester

EssexHebridean said:

I’ve mentioned before that Marcus works well for us because it’s pretty much true instant access, allows joint accounts, and has online banking as well as the app - which works better for MrEH for various reasons. For our Emergency Fund this makes it a decent option - the ability of both of us to get at the money instantly if needed (and more importantly, if something happens to one of us) is vital. For various reasons I also don’t want to risk further hard searches on my file at the moment, so trying to keep to institutions we already have accounts with. 

Yes - I could get slightly more interest elsewhere, but it’s little enough that we’re happy to stick where we are for the moment. 

Yes I like Marcus for the speed of access and also the ability to do things via my laptop. I am not yet totally happy with app only banking but having the option is great. Yes it's not the best rate but I split easy access funds between two banks / building societies