Marcus saver? You can boost your rate to 3.3% with a few clicks – here's how

MSE_Ben_T
MSE_Ben_T Posts: 27
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MSE Staff
edited 26 April 2023 at 2:45PM in Savings & investments

If you've got a Marcus easy-access savings account or cash ISA, you can boost your interest rate to 3.3% in seconds by activating its new 0.34% bonus from today (Wednesday 26 April). It's a no-brainer for those who don't want to switch, though you can get even better returns elsewhere.

Read the full story here:

https://www.moneysavingexpert.com/news/2023/april/marcus-bonus-increase/

Click reply below to discuss. If you haven’t already, join the forum to reply.
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  • dosh37
    dosh37 Posts: 345
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    edited 26 April 2023 at 4:46PM
    Just goes to show how some savings organisations value existing customers.
    Instead of automatically increasing interest rates in line with BoE increases, they increase the bonus rate but fail to notify existing savers.
    Marcus have always lagged behind other savings organisations when it comes to interest rates.
    I am switching to Aldermore where you can get 3.55% easy access.

  • mebu60
    mebu60 Posts: 793
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    dosh37 said:
    Just goes to show how some savings organisations value existing customers.
    Instead of automatically increasing interest rates in line with BoE increases, they increase the bonus rate but fail to notify existing savers.
    Marcus have always lagged behind other savings organisations when it comes to interest rates.
    I am switching to Aldermore where you can get 3.55% easy access.

    Not disputing what you say about Marcus, I have had a token amount with them for a while now, but note that the Aldermore account is Double Access, you can only make two withdrawals per account year otherwise the interest rate plummets. 
  • ZeroSum
    ZeroSum Posts: 975
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    Still marginally more with zopa, so I'll be just sticking with them for now
  • dosh37
    dosh37 Posts: 345
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    All I can say is that I never recieved a notofication.
  • Bigwheels1111
    Bigwheels1111 Posts: 2,229
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    No notifications here either.
    Just followed the instructions and it worked.
    ‘Thanks.
  • Bigwheels1111
    Bigwheels1111 Posts: 2,229
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    My email about the rise arrived at 22.47pm.
  • techno12
    techno12 Posts: 716
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    Didn't get the email either, so good job I read this today.

    A little odd as I've always received emails about bonus rates or underlying interest rate changes. Maybe they'd have told me when my bonus was due to expire in June.
  • Beddie
    Beddie Posts: 557
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    I got an email this afternoon, so they aren't being sneaky as implied above.
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