Comments on: Marcus Savings Account Review: High-Yield Savings

By: Marcus User

Marcus User — Wed, 28 Oct 2020 19:45:06 +0000

Due to a federal law change the 6 withdrawal limit does not exist. As of this moment of this comment you have unlimited free withdrawals from the savings accounts. This could changed back so if you see this comment in a year or so do be aware of this.

By: Nick

Nick — Mon, 12 Oct 2020 19:46:11 +0000

Just FYI, their website and app blocks access from foreign IPs and potential foreign IPs, so you can’t log in from outside the US or use a VPN. It’s a bit hit and miss, but for the most part you can expect to have problems when traveling abroad or just privacy conscious.

By: Robert Farrington

Robert Farrington — Sun, 14 Jun 2020 20:22:32 +0000

In reply to Alex Pretzel. I've never seen that. They do limit what you can do online ($10,000 per day/transaction), but you can call and do larger wire transfers. They do limit the dollar amount to $1m.

By: Alex Pretzel

Alex Pretzel — Sun, 14 Jun 2020 20:13:28 +0000

Is there a maximum dollar amount per transaction or a maximum dollar amount per day or per month? I read $125K per month.

By: Robert Farrington

Robert Farrington — Fri, 17 Apr 2020 16:10:59 +0000

In reply to Tamara. I don't see how there would be any restrictions on where you transfer the funds.