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Marcus hops to 2.8%
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- Lemon Quarter
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Marcus hops to 2.8%
Marcus is now paying 2.8% including the bonus. I cannot say that is a jump from 2.5%, but it is reasonably competitive for unlimited easy access without using an app.
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- Lemon Quarter
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Re: Marcus hops to 2.8%
A bit disappointing IMHO.
I have a Co-op current account (a free one, not one of those with a monthly fee) and it comes with a linked saving account. That currently pays 3% and is rising to 3.5% on 2 March.
I have a Co-op current account (a free one, not one of those with a monthly fee) and it comes with a linked saving account. That currently pays 3% and is rising to 3.5% on 2 March.
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- 2 Lemon pips
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Re: Marcus hops to 2.8%
staffordian wrote:A bit disappointing IMHO.
Agreed. Even after a belated boost to 2.8% Marcus (aka Goldman Sachs) continues to lag behind the 3% that US competitor bank Chase (aka JP Morgan) is currently offering UK retail depositors on similar easy access terms. Marcus no longer up there with the deposit taking leaders as they were when entering the UK banking market a couple of years back.
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Re: Marcus hops to 2.8%
In the US, Goldman Sachs is shrinking & scaling back its Marcus unit.
I would expect Marcus in the UK to be wound down, or sold & subsumed.
I would expect Marcus in the UK to be wound down, or sold & subsumed.
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