I thought I would start a separate thread for general discussion about Marcus Bank and their products rather than one for just a single post that may, or may not, disappear from view quickly
With my Skipton rate to soon drop to 0.15%, when the bonus expires in mid-September, I contacted Marcus to see if they had any plans to evolve the features available through their savings accounts, that I like so much at Skipton.
Ability to have two linked accounts
Ability to deposit from an unlinked account
Ability to set up regular payments from the savings account
Ability to set up one-off future payments from the account
I utilise all these features a lot with Skipton, however, I do not think the 0.35% trade off in interest post September makes them still viable for me going forward.
I was pleasantly surprised to receive a very quick email response from Marcus, albeit not so with its content.
"Thank you for contacting Marcus by Goldman Sachs.
The linked account is unique to you as an individual and this linked account is active across all Marcus products you hold. It is not possible to have more than one linked accounts. Thank you for sharing your thoughts on the option to have two linked accounts. We value your feedback and have shared your interest with the right team."
I suppose at least the feedback will be shared, though I don’t foresee any imminent change in policy.
I still have two months to formulate my ideal personal solution to this issue.
As it stands, I am likely to have my Atom (0.50%) linked to the one current account, and my Marcus (0.50%) linked to the other current account, and share my savings between the two.
I just like to have a back-up plan, just in case (however unlikely it may be) one of my current accounts got frozen for any reason, I can still access (some of) my savings.