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Started By
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Marcus by Goldman Sachs offers no fee personal loans and savings accounts paying 2.25%
Posted on 1/24/19 at 8:24 pm
Posted on 1/24/19 at 8:24 pm
I didn't know GS was in this business until I heard them talk about this week on CNBC.
It looks like it could a good alternative for both borrowers and savers.
LINK
It looks like it could a good alternative for both borrowers and savers.
LINK
This post was edited on 1/24/19 at 9:56 pm
10
Posted on 1/24/19 at 8:54 pm to I B Freeman
Yeah been doing it for a little while...but I see 2.25% listed not 2.5% ---> typo maybe? 
Posted on 1/24/19 at 8:55 pm to I B Freeman
These high yield savings accounts are really good tools. A risk free 2+% is a good deal these days. Barclays and Purepoint are two others that are good to use. Purepoint has the highest I know of at 2.35%.
Posted on 1/24/19 at 8:55 pm to I B Freeman
Anyone use them? 2.25 is pretty good
Posted on 1/24/19 at 9:18 pm to I B Freeman
That’s a good savings interest rate but the fine print makes it clear it’s an introductory offer that can change at any time “before or after account is opened.”
Posted on 1/24/19 at 9:38 pm to LSURussian
I use them. They have increased the rates three times as the market adjusted. No complaints so far.
Posted on 1/24/19 at 9:54 pm to LSURussian
I'd say most savings accounts likely have similar disclaimers in their fine print as well
But I did notice that one was pretty clear
But I did notice that one was pretty clear
Posted on 1/24/19 at 9:56 pm to Shankopotomus
U r correct!! Now changed in OP thank you
Posted on 1/24/19 at 10:22 pm to I B Freeman
Been with them for a couple years. Absolutely no complaints.
Posted on 1/25/19 at 1:11 am to Shankopotomus
2.35% savings with PNC 
Posted on 1/25/19 at 4:54 am to I B Freeman
We are almost getting the risk free rate in savings accounts now!
Love it
Love it
Posted on 1/25/19 at 6:28 am to Azazello
Is the Robinhood savings account dead?
Posted on 1/25/19 at 7:21 am to willeaux
quote:
Is the Robinhood savings account dead?
Do you mean their "Cash Management" product?
Their site still says coming soon.
Posted on 1/25/19 at 7:43 am to LSURussian
I've been using them and our firm has been recommending them for about 2-3 years now. The only adjustments they have made is to increase when the Fed increases their target. Not saying they will never go down but they have a been a great tool to have for cash savings.
Posted on 1/25/19 at 7:55 am to I B Freeman
Just opened one paying 2.70%. 12 month term
Posted on 1/25/19 at 8:11 am to I B Freeman
I use Marcus despite the name!
No problems and rates have gone up over the last 2 years without having to do anything. Its better than any bank around me.
No problems and rates have gone up over the last 2 years without having to do anything. Its better than any bank around me.
Posted on 1/25/19 at 11:56 am to LSURussian
True but I have been with them for about a year now and have only seen increases in rates, no drops so far. *knock on wood*
So far from 1.75% (i think) to 2.25%.
So far from 1.75% (i think) to 2.25%.
Posted on 1/25/19 at 4:20 pm to I B Freeman
Does this mean I need to buy a house before rates shoot up
Posted on 1/25/19 at 4:50 pm to jimbeam
Mortgage rates are about to shoot up? Will you opine as to why?
Posted on 1/25/19 at 5:05 pm to I B Freeman
I borrowed from marcus. was super easy and they make it easy to maintain and see all the details of loan.
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