Marcus’ high-yield savings account offers an APY well above the national average, requires no minimum deposit to open and charges no monthly fees.
Marcus doesn’t charge wire transfer fees, according to its website.
The bank has an external transfer limit of $125,000 for online and automated clearing house transfers. Wire transfers have a $50,000 per statement cycle limit. Its website says to call the bank if you need to transfer more money.
Marcus consistently offers a competitive yield on its savings account.
The account requires no minimum deposit to open.
There are no monthly fees.
Marcus doesn’t charge for wire transfers, according to its website.