How to Set Up an Online ACH Transfer or Wire Transfer From Your Marcus Account

1. Log in at marcus.com.
2. Choose the account you want to move money out of from your dashboard.
3. Click on or tap "Make a transfer."
4. Under the "Transfer Type" drop-down menu, choose how you’d like to move money, either through an "Online Transfer" or "Wire Transfer."
5. • If you choose "Wire Transfer," you’ll be asked to provide a wire routing number, which is typically different from your bank’s ACH routing number.
   • Note: If you do not see "Wire Transfer" available in the drop-down menu, give us a call (1-855-730-7283) to complete your transaction.
6. Under "From Account," click or tap the account you’d like to move money from.
7. Under "To Account," click or tap the account you’d like to deposit money into.
8. Under "Amount," enter the amount of money you’d like to transfer.
9. If you’ve selected "Online Transfer," you must choose how often you want this transfer to happen.
   • If it’s just once, go to the next field.
   • If you want to set up a recurring transfer, click the box and choose your desired frequency.
10. To select the online transfer date, you can manually input the date or choose from the calendar icon.

• If you’re setting up a recurring transfer, you’ll be asked when and if you want the transfers to stop.

From here you’ll have the option to "Instantly Link" or "Manually Link." For a step-by-step explanation of how to link accounts, check out this article.

On the Marcus app: How to set up a mobile ACH transfer

1. From the home screen, tap into your account details for your Online Savings Account or tap the "Transfer/Pay" tab.
2. Next, tap "Make a transfer."
3. Tap on the field below "Amount" to enter the amount of money you wish to transfer.
4. Select the account you want to transfer money from and the account you want to transfer money to.
5. Want to schedule a recurring transfer? Toggle the button next to "Recurring." You’ll then be prompted to select a frequency, start date, and end date (optional).
6. Once you’ve entered the relevant information for your transfer, tap "Continue."

How to link a new account

If you want to transfer money to or from an account that’s not on your linked list, you can either:

1. Go to your account details for your Online Savings Account, tap the three dots on your account details card, and tap “Manage external accounts” or
2. Tap “Profile” and tap “Linked external accounts.”

How to transfer funds from my Online Savings Account into either a High-Yield CD or a No-Penalty CD?

If you’d like to move some of the funds in your Marcus Online Savings Account into one of our CDs, the first step is opening up a new CD account, which you can do online or in the app. Once you’ve opened the CD, you’ll be given the option to fund the CD with money from an existing Marcus Account or from your external bank account. 

What’s the difference between a wire transfer and an online or telephone ACH?

The key differences between an online or telephone ACH transfer and a wire transfer are (1) how quickly you want your money to reach your account at another bank and (2) any fees your external bank may charge for accepting a wire (not all banks do). Check out the chart below for more information.

Note: If you do not see the “Wire Transfer” option available in the “Transfer Type” drop-down menu, you’ll need to call into our Contact Center (1-855-730-7283) to complete this transfer.

Our business days are Monday through Friday excluding standard holidays observed by the Federal Reserve System. Wire transfer requests made after 4 pm ET on a business day or on a non-business day, or ACH transfer requests made after 6 pm ET on a business day or on a non-business day, will be considered received on the next business day.

For more information, see our Deposit Account Agreement