Marcus ups its rate

[GeoffF100]

Marcus has increased its interest rate to 4%, including the bonus. Not great, but Marcus is genuinely instant access and is still good for a few thousand pounds.

[GeoffF100]

Now 4.3%.

[richfool]

Marcus is offering 4.8% on a 1 year fixed term account (previously 4.5%).

[didds]

TBH thats pretty low compared to other 1 year fixed accounts available ... I bagged a 6.06% one last night .

And id guess youd get close to 4.8% on an easy access too.

[richfool]

TBH thats pretty low compared to other 1 year fixed accounts available ... I bagged a 6.06% one last night .

And id guess youd get close to 4.8% on an easy access too.

Yes, I too got 6.01% with Kent Reliance. Though I note that Marcus allow withdrawals, in emergencies, subject to 90 days loss of interest, whereas KR and others dont allow withdrawals at all.

[richlist]

Nothing to get excited about, it's not competitive and doesn't make the top list.
Plenty of other, much better returns to be had.
I still have a Marcus account with £10 in it but my money was moved to better accounts long ago.

[Steveam]

Instant access (including bonus) now 4.6%

Best wishes, Steve

[richlist]

Nowhere near competitive.
Santander just pulled their 5.2% easy access account but there are others available around 5%.

[mutantpoodle]

yes sadly Marcus has lost the plot iro being competitive
of course they might be adopting the big banks approach,,,and now relying on customer 'loyalty'....ie LAZINESS

[Laughton]

And again - but don't forget that you need to log on and apply for the new bonus rate.

[chas49]

And again - but don't forget that you need to log on and apply for the new bonus rate.

They've also increased the amount of the bonus from 0.34% to 0.49% so the total rate is now 4.75% - still not the best rate available though