Marcus by Goldman Sachs Savings Bonus 2026
Marcus by Goldman Sachs runs recurring savings bonuses that pay $100 to $1,500 in cash for depositing new funds into a high-yield savings account. No direct deposit, no monthly fees, no ChexSystems check, and both new and existing customers qualify. This guide covers how the Marcus bonus works, the deposit tiers, and strategies to maximize your payout.
Current Marcus Savings Bonuses
Marcus Savings Bonus Tiers
Marcus structures its savings bonuses in tiers based on deposit amount. Here are the typical tiers from the most recent offer. Future offers may have different amounts, but Marcus has used this structure consistently.
| Deposit Amount | Cash Bonus | Hold Period | Effective Yield Boost |
|---|---|---|---|
| $10,000 | $100 | 90 days | +4.0% annualized |
| $50,000 | $750 | 90 days | +6.0% annualized |
| $100,000 | $1,500 | 90 days | +6.0% annualized |
Effective yield boost is calculated as the bonus annualized over the 90-day hold period, on top of the base savings APY. The $10,000 tier offers the best return relative to capital deployed.
How to Get the Marcus Savings Bonus: Step by Step
1. Check if an offer is active
Marcus runs savings bonuses periodically, not continuously. Visit the Marcus bonus page to check for a current offer, or monitor our Marcus bank page for updates. New rounds typically launch every 2-4 months.
2. Open or enroll your account
If you are new to Marcus, open a Marcus Online Savings Account at marcus.com. If you are an existing customer, log in and enroll in the bonus offer. Marcus does not do a hard credit pull or ChexSystems check for savings accounts.
3. Deposit new funds within the funding window
Transfer your deposit via ACH from an external bank account. Marcus typically gives you 10-14 calendar days from enrollment to complete your deposit. Internal transfers between Marcus accounts do not count. Make sure your deposit meets the tier threshold you are targeting.
4. Maintain your balance for 90 days
Keep your account balance at or above the deposit threshold for 90 consecutive days after the funding window closes. If your balance dips below the threshold at any point during the maintenance period, you may lose the bonus. Do not withdraw any funds during this period.
5. Receive the bonus
Marcus typically deposits the bonus within 14 days after you complete the 90-day hold period. The bonus appears as interest in your Marcus savings account. You will also earn regular interest on your deposit during the entire hold period.
6. Decide whether to keep or withdraw
There is no early termination fee or clawback after the bonus posts. Once you receive the bonus, you can withdraw your funds or leave them earning the competitive Marcus HYSA rate. Unlike many bank bonuses with ETFs, Marcus does not penalize you for closing the account after the bonus posts.
Why Marcus is One of the Best Savings Bonuses
Marcus stands out from other savings account bonuses for several reasons that matter to bonus hunters.
Advantages
- ✓No direct deposit requirement — just park cash
- ✓Existing customers eligible (rare for bank bonuses)
- ✓No monthly fees or minimum balance fees
- ✓No hard credit pull or ChexSystems check
- ✓No early termination fee or clawback risk
- ✓Competitive HYSA rate on top of the bonus
Things to Watch
- •Bonuses are periodic, not always available
- •$10,000 minimum deposit for the lowest tier
- •90-day hold ties up your capital
- •Internal transfers between Marcus accounts do not count
- •Enrollment windows are short (typically 4-6 weeks)
- •Existing customers must deposit above their starting balance
Stack the Marcus Referral Bonus
Marcus offers a referral program that can be stacked with the savings bonus for even more value. When you open a Marcus savings account through a referral link, you receive a 0.25% APY boost for three months on top of the standard rate.
The referral boost is modest compared to the cash bonus, but free money is free money. Use a referral link when opening a new Marcus account to capture both.
How Marcus Compares to Other Savings Bonuses
Here is how the Marcus $100 savings bonus (at the $10,000 tier) stacks up against other popular savings account bonuses.
| Bank | Bonus | Min Deposit | Hold Period | Monthly Fee |
|---|---|---|---|---|
| Marcus | $100 – $1,500 | $10,000 | 90 days | $0 |
| BMO Alto | $350 | $25,000 | 90 days | $0 |
| Amex HYSA | See Amex bonus details → | $0 | ||
| Discover | See Discover bonus details → | $0 | ||
| Chase | See Chase bonus details → | $5 (waivable) | ||
Marcus stands out for its $0 fees, existing customer eligibility, and no early termination penalties. The $10,000 tier offers the best return per dollar deposited among major savings bonuses.
Which Marcus Tier Should You Target?
$10,000 tier ($100 bonus) — Best value per dollar
The $100 bonus on $10,000 gives you a 4.0% annualized return from the bonus alone, plus the regular HYSA interest rate. This is the sweet spot for most bonus hunters. You tie up relatively little capital and the effective yield is the highest across all tiers. If you are deploying capital across multiple bank bonus churning opportunities, this tier lets you spread your money further.
$50,000 tier ($750 bonus) — Best absolute return per risk
The $750 bonus on $50,000 gives you a 6.0% annualized return from the bonus, matching the top tier. If you have $50,000 to deploy and do not have a better large deposit bonus available, this is an excellent choice. The extra $650 over the base tier is meaningful.
$100,000 tier ($1,500 bonus) — Maximum payout
The $1,500 bonus on $100,000 also delivers 6.0% annualized, same as the $50,000 tier. The marginal return per additional dollar is lower above $50,000. Consider whether that extra $50,000 could earn more in a separate high-value bonus elsewhere. If not, the $1,500 is still a strong no-effort return.
About Marcus by Goldman Sachs
Marcus is the consumer banking division of Goldman Sachs, one of the largest and oldest investment banks in the world. Launched in 2016, Marcus focuses on simple, no-fee consumer products including high-yield savings accounts, CDs, and personal loans.
Tax Implications of Marcus Bonuses
Marcus savings bonuses are classified as interest income by the IRS. Goldman Sachs will report your bonus on a 1099-INT form. Plan for the tax impact when calculating your net return.
- •1099-INT reporting: Marcus reports all bonuses of $10 or more. Expect the form by January 31 of the following year.
- •Tax impact examples: At a 22% marginal rate, a $100 bonus nets $78. A $750 bonus nets $585. A $1,500 bonus nets $1,170.
- •Regular interest too: You will also receive a 1099-INT for the regular savings interest earned on your deposit. Both the bonus and interest are taxable.
- •Track everything: Keep records of all bank bonuses for tax season. See the bank bonus tax guide for detailed strategies.
Marcus Bonus Eligibility Checklist
- •New or existing customer: Both are eligible when a bonus offer is active
- •Minimum deposit: $10,000 in new external funds for the lowest bonus tier
- •Funding window: Deposit must be completed within 10-14 days of enrollment
- •Hold period: Maintain balance for 90 consecutive days after funding
- •No hard pull: Soft inquiry only, no impact on credit score
- •No ChexSystems: Savings accounts are not subject to ChexSystems screening
- •Nationwide: Available in all 50 states, no branch visit required
Frequently Asked Questions
What is the Marcus by Goldman Sachs savings bonus?
Marcus periodically offers cash bonuses for depositing new funds into a Marcus Online Savings Account. The most recent offer paid $100 for depositing $10,000, $750 for $50,000, or $1,500 for $100,000 in new funds maintained for 90 days. Marcus has run similar promotions since 2019 and typically launches new rounds every few months.
Does Marcus require direct deposit for the savings bonus?
No. Marcus savings bonuses require a lump-sum deposit of new funds held for 90 days. There is no direct deposit requirement. You fund the account via ACH transfer from an external bank account. This makes Marcus one of the easiest bonuses to qualify for.
Is the Marcus savings bonus available to existing customers?
Yes. Marcus bonus offers are typically available to both new and existing customers. Existing customers must deposit funds above their starting balance as of the offer start date. This is unusual in the bank bonus world, where most offers are new-customer only.
Does Marcus do a hard credit pull?
No. Marcus performs a soft inquiry when you open a savings account. There is no hard pull on your credit report and no ChexSystems check for savings accounts. This makes Marcus a low-risk option for bonus hunters who are concerned about credit inquiries.
How long does it take for the Marcus bonus to post?
Marcus bonuses typically post within 14 days after you complete the 90-day maintenance period. You must keep your balance at or above the required deposit amount for the full 90 days. If your balance drops below the threshold at any point, you may not receive the bonus.
Are Marcus savings bonuses taxable?
Yes. Marcus reports bonus payments to the IRS. You will receive a 1099-INT for any bonus of $10 or more. The bonus is taxed as interest income at your ordinary income tax rate. At a 22% marginal rate, a $100 bonus nets you $78 after taxes.
Can I stack the Marcus bonus with the referral rate boost?
When available, yes. Marcus offers a referral program that provides a 0.25% APY boost for three months on top of the base rate. This can be stacked with the deposit bonus, meaning you earn both the cash bonus and a higher interest rate on your savings during the boost period.
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