Marcus by Goldman Sachs® Referral Program Terms

UPDATED AS OF JULY 1, 2026

Existing Customers

As an existing Marcus customer, you can receive a promotional Marcus Referred Rate Boost (defined below) on all of your Marcus Online Savings Account(s) (each an “OSA”) on which you are either the sole owner, or the Primary Owner of a joint Account, after a New Customer (defined below) opens a new OSA using your unique referral link (a “Successful Referral”). The “Primary Owner” is the account owner that opened a joint Account and receives tax documents, including 1099s. To determine whether you are the Primary Owner on an Account, log in at marcus.com and visit your Account Details page. Adding a joint owner to an existing OSA will not count as a Successful Referral. Your unique referral link will be accessible in the Marcus Referral Center. You can access the Marcus Referral Center by logging in and selecting “Refer a Friend” in the menu at the upper right corner of any page.

After a Successful Referral, all of your existing individual OSAs and joint OSAs on which you are the Primary Owner will earn a promotional Annual Percentage Yield (“APY”) rate increase of 1.00% over the standard applicable OSA APY (“Marcus Referred Rate Boost” or “Rate Boost”) for a period of 3 months (“Promotional Rate Period”). During the Promotional Rate Period, you will earn the then-current OSA APY plus the Rate Boost. After the expiration of the Promotional Rate Period, you will earn the OSA APY effective at that time, which can be located at www.marcus.com.

To determine the Rate Boost for the applicable Promotional Rate Period, please refer to the Online Savings Account Referral Page marcus.com/referrals.

If the Successful Referral occurs before 9:30 PM ET, you’ll receive the Rate Boost shown on the Online Savings Account Referral Page on the day of the Successful Referral. If the Successful Referral occurs at or after 9:30 PM ET, you’ll receive the Rate Boost shown on the Online Savings Account Referral Page on the day after the Successful Referral. You must have an OSA on which you are the sole owner or the Primary Owner on a joint account at the time of a Successful Referral to earn a Rate Boost. A Rate Boost will automatically be applied within 1 business day following a Successful Referral.

This program is subject to referral maximums for individual and joint accounts. See the General section for more details on referral maximums. Your Successful Referrals will not apply to your joint owners’ individually owned OSAs. 

New Customers

If you have not had a Marcus OSA or CD in the last 12 months (a “New Customer”), you can receive a Marcus Referred Rate Boost when you use an existing customer’s unique referral link to open a new OSA. You must use an existing customer’s unique referral link to open a new OSA in order to receive a Rate Boost as a New Customer. To open an account using an existing customer’s unique referral link, you must click the link provided by the existing customer, select “Accept invitation” on the resulting webpage, then complete and submit the account application. If you close the application before submitting it, you’ll have to start the process over again, using the existing customer’s unique referral link, to be eligible for the Rate Boost. Accounts opened without using an existing customer’s unique referral link will not receive a Rate Boost.

You’ll begin earning your Rate Boost for the Promotional Rate Period of 3 months, within 1 business day of when your OSA is opened using an existing customer’s unique referral link. New jointly owned OSAs opened through a unique referral link can receive a Rate Boost, provided that all account owners at the time of account opening are New Customers. The Rate Boost earned as a New Customer will not count towards your referral maximums (see General section below for more information about maximums). During the Promotional Rate Period, the interest rate on your account will be the then-current OSA APY, plus the Rate Boost. After the expiration of the Promotional Rate Period, you will earn the OSA APY effective at that time, which can be located at www.marcus.com.

By using an existing customer’s unique referral link to open an account, you acknowledge that the customer whose unique referral link you use may know that you opened a Marcus account and when. If you wish to avoid this, do not sign up for a Marcus account through a unique referral link.

General

To receive a Marcus Referred Rate Boost, your OSAs must be open and in good standing. CDs are not eligible to receive any promotional rates through Marcus Referred. You can see the status of all your earned Rate Boosts in the Marcus Referral Center at any time.

If you open new OSAs (individual or with you as the Primary Owner on a joint Account) while any of your existing OSAs are receiving a Rate Boost, we’ll apply the Rate Boost to your new OSAs. You’ll receive the Rate Boost through the latest expiration date of your then-current Rate Boost.

You can have one active Rate Boost and up to four additional Rate Boosts queued at any given time under these Referral Program Terms (5 total); queued Rate Boosts will be applied to your account(s) consecutively, and only one Rate Boost will be applied at a time. If you have earned 5 Rate Boosts, you must wait until one has expired to earn another through a new Successful Referral.

If you are already receiving a Rate Boost, the next Rate Boost you earn will begin on the day after your current Rate Boost expires, based on the terms and conditions of that Rate Boost. You can check the number of Rate Boosts you have earned at any time in the Marcus Referral Center on your Marcus account.

As a reminder, the Marcus OSA is a variable rate account, meaning that the standard OSA APY is subject to change at any time, before or after an account is opened, and including during any Promotional Rate Period. Once the Rate Boost is earned, it will not change during the Promotional Rate Period. However, we do reserve the right to change the Rate Boost offered during the Program itself.

The Annual Percentage Yield Earned (APYE), as shown on your Account Statement, will represent the actual yield earned during a specific period of time, accounting for the time the account earned the promotional rate as well as the time it earned the standard rate.

Rate Boosts may be combined only with other non-referral promotional offers available to Marcus customers. Bonuses earned under prior Marcus referral programs will not be impacted by this promotion.

Note: if you earned Rate Boosts or other referral bonuses under prior Marcus referral programs, we will continue to apply those consecutively to your OSAs. However, after July 1, 2026, you will no longer see those as Cash Bonus on your Statement as they will be reflected in your APYE. You will not be able to make new referrals until you have fewer than 5 referrals. At that time, you can begin earning additional Rate Boosts via Successful Referrals, subject to these Terms and Conditions. You can check the number of Rate Boosts you have earned at any time in the Marcus Referral Center on your Marcus account.

Any other Marcus by Goldman Sachs referral programs will be treated as a separate referral program with separate terms, offer periods, and/or benefits. We reserve the right to revoke or modify this program at any time without notice, which could include changing the type of promotion awarded or the amount of any Rate Boost. If we determine that you have engaged in, or plan to engage in, abuse or gaming in connection with this offer, you will not be eligible for this offer.