How to setup your Marcus™ online savings account by Goldman Sachs, in only 2 minutes (4.75% APY)

Signup here and get 4.75% APY today!: https://www.marcus.com/share/PHI-N4U-AB69

Hello, My name is Philip and today I'm going to show you how to setup an Online savings account with Marcus by Goldman Sachs.

Marcus is a fast, easy to use, online banking service that has one of the highest interest rates in the nation. Remember, Marcus has no fees, no wire transfer fees, no minimum deposit, no hidden costs, and has a US based customer support line. Not to mention, Marcus is FDIC insured for the standard $250,000.

source: https://banks.data.fdic.gov/bankfind-suite/bankfind/details/33124

To start, let's click the link below this video. Click "open an account," and wait for the next page to load.

Select "online savings account," and fill in your personal information below.

Click "continue," and fill in your address, social security number, and employment information below. If you wish to open a joint account, select "yes" at the bottom. if not, just say "No, not right now".

Click "continue" and set up your password. Keep this information in a safe place. Your username is your email address.

When your done, click "continue" and check your email for the 6 digit code they sent you. Copy and paste the code in the box, and click "Verify code".

Now all you have to do is agree to the deposit account agreement, and electronic signature agreement. If they ask you if you were notified by the IRS, if you are subject to backup withholding, select "Yes" or "No."

You can also read the deposit account agreement at your leisure. When your done, just click "Create account."

After a few seconds, your account will be created, and you can now fund your account by linking a different bank account. If you have a username and password from an external online bank, you can click "instantly link," and connect using a service called "Plaid."

Please note, Chase bank accounts are currently unavailable for instant linking.

When the Plaid app opens up, you can select your bank from the list, or type it into the search bar. Then simply and safely enter your username and password from that bank and click "submit."

You can also choose "Manually link," and safely enter the account number and routing number of your savings or checking account from any external bank.

Click "submit," and enter the amount of money you would like to deposit into your Marcus savings account. You will start earning interest immediately, even if your bank transfer takes a few days.

click "confirm transfer," and continue to your dashboard. Here, you can find your new savings account, your current balance, your new account number and routing number, and links to various resources, as well as friendly customer support. You can even track the money transfer you just made.

If you have any questions, please talk to me in the comments below. Thank you for watching, and thank you for banking with Marcus by Goldman Sachs.

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