Changes to your interest rate

25 October 2023

This page explains the latest changes and interest rates on our accounts.

What's changing?

How do I add a bonus rate to my Online Savings Account or Cash ISA?

If you already have an Online Savings Account or Cash ISA, you can opt into a new fixed-rate bonus as long as it’s available. You will not need to open a new account to get this bonus rate.

You can add any bonus rate we offer to your existing accounts at any time – even if you already have a bonus at a lower rate on your account. It will immediately replace any existing bonus you have and will be valid for 12 months.

How to add a bonus to your account using a web browser:

  1. Log into your Marcus account at marcus.co.uk.
  2. Select 'View' next to your Online Savings Account or Cash ISA where you can see your account activity.
  3. Scroll down, then select 'Review your savings' under 'Bonus rates'.
  4. Review the current available bonus rate and expiry date.
  5. Select 'Renew your bonus'.

How to add a bonus using the app:

  1. Sign in, then go to your Online Savings Account or Cash ISA where you can see your current balance and transaction history.
  2. Tap on the three dots in the top right hand corner of the screen.
  3. Select 'View bonus options'.
  4. Review the current available bonus rate and expiry date.
  5. Select 'Renew your bonus'.

 

How do I add a bonus rate to my Online Savings Account or Cash ISA?

If you already have an Online Savings Account or Cash ISA, you can opt into a new fixed-rate bonus as long as it’s available. You will not need to open a new account to get this bonus rate.

You can add a bonus rate to your existing account at any time when one is available – even if you already have an existing bonus rate applied to your account. If you add any bonus to your account it will immediately replace any existing bonus you have and will be valid for 12 months from the date you add this new bonus rate. You will not need to wait for your current bonus rate to expire or open a new account to get the bonus rate.

To add the bonus rate from your web browser:

  1. Log into your Marcus account at marcus.co.uk
  2. Select ‘View’ next to your Online Savings Account or Cash ISA account.
  3. Scroll down until you see the ‘Bonus rates’ section and select the ‘Review your savings’ link.
  4. When there’s a bonus available, you’ll see the bonus rate and expiry date.
  5. Select ‘Renew your bonus’.

To add the bonus rate from your app:

  1. Log into the app.
  2. Go into your Online Savings Account or Cash ISA.
  3. Tap the three dots in the top right hand corner of the screen.
  4. Select ‘View bonus options’ from the menu options.
  5. When there’s a bonus available, you’ll see the bonus rate and expiry date.
  6. Select ‘Renew your bonus’.

Where can I find more information?

The above details relate to the interest rate changes made on 25 October 2023. If you’re looking for information about past interest rates, visit our historical interest rates page

The answers to our customers’ most frequently asked questions are on our help and support page.

If you have any other questions about your account, you can call us on 0800 085 6789. Our lines are open from 8am to 8pm, Monday to Friday (excluding bank holidays).