Beware of Marcus HYSA. I just opened an account with them. Transferred money from my capital one account. I then found out about ibond and tried to transfer 10k to treasurydirect. First I got an email to call them. They had me confirm with capital one on the phone that I made the transfer and it’s my personal account. They said capital one needed the verification but they were the ones asking all the questions so that was a lie. I did all that and they said I was good.

like
Posting as :
works at
You are currently posting as works at

Standard AML procedure. People used to launder money by writing bad checks and withdrawing cash immediately and now the bank is out money.

You need to let your money clear first (e.g. Not in pending status) before you move it around

like

No, the suspicion is you're using the Marcus account to launder money, and using the clean money to buy the bonds.

like

Later in the day I found out my treasury direct transfer was rejected. I tried to login to my Marcus to find out my account is locked. I’m so confused. Didn’t I just talk to these folks for about 30 mins verifying my identity? I call again and ask what’s going on they said my account is under investigation and they can’t tell me why they locked my account. Such BS. I’m just waiting for the 3 months to go by so I can take advantage of the referral bonus then I’m moving my money to Amex Savings. I should have checked the reviews before opening an account

like

My dad runs a community bank and I just asked him about this. It’s standard anti-money laundering practices.

likehelpful

Banks have rules and policies they have to follow. This is on you for not knowing what you wanted to do before you did it. No big deal, just a delay.

like

Sorry for the frustration it is causing you Op. But as everyone has pointed out you might have tripped some of the fraud policies when you did that. The only way here is to let it settle out. Also Marcus has been so good wrt transfers with me before so I won’t be able to corroborate what you are facing.

like

I appreciate. I’m just going to wait it out. I understand I might have triggered something but my frustration is why lock my account after verifying my funds with the bank I transferred the money from. That’s what people on here don’t get. They just keep saying I’m at fault without actually paying attention to what I said.

Related Posts

People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

like

I hear most people recommend Coinbase Pro. What’s your argument for not using Gemini Active Trader if you’re trading under $1M? Gemini Active Trader has a smidge of lower trading fees than Coinbase Pro for smaller traders.

like

First baby, already saving in a 529 and UTMA Brokerage for him, what else can be done? Open to ideas on how to best set him up for future success - at least financially

like

Are consultants at MBB allowed to trade individual stocks? Or are they limited to mutual funds only? For example, can someone at McKinsey buy AAPL?

like

How does the housing market work exactly, like, what determines whether prices go up or down?

like

With interest rates between 6.5% and 7.5%, it is safe to say that buyers are slowing down in their search.

I am a real estate agent who is in the process of closing on her first home. We offered $15k under list and asked for closing costs to be paid for. Granted, this is in a very small rural town; however, just know... If you have been looking for a home for the last 2 years and have not had great luck, now is the time to take advantage of the changing market. You can refi when rates drop.

like

Please help me calculate the total in-hand salary.

Kindly suggest some tax saving schemes as well.

Post Photo
like

Has anyone held AMEX Bonvoy cards in two separate countries? Would both link to your Bonvoy account?

like

If you buy individual stocks at what point do you get out? Both if it’s lost or gained..curious to hear others thoughts. I have a loser I bought at $77 currently at $31. Don’t plan on selling 🤷‍♂️

like

Incoming MBA, I have my tuition paid for and rent covered (I will be an RA). So the only thing I need to pay for is food and entertainment. Do you think 20k is enough to last me through the 2 years? I will make a little money interning in the summer, so that would be a safety valve if I blow through the 20k.

Or… should I take a small loan?

What is your favorite part about being a realtor?

like

Best book(s) to get started in real estate investing?

Anyone been able to work from Dubai for a UK/US firm and benefit from no taxes? I know if you are a US citizen you pay taxes where you are globally, but if you are British, then you only pay income tax on UK income - so if you live more than half the year abroad you are classed as non-domicile resident, but wanted to hear if anyone’s done this or heard about it?

like

150K in Singapore, and $150K in Chicago. Which one would you accept?

like

Anyone received Sodexo amount credited in your account for this month??? Still I didn't get the Sodexo amount

like

Why does the purchase agreement call for a FIRPTA when no real estate is being purchased?

Just watched the Polka King on Netflix and feel a little like Jan Lewan's investors. What exactly am I investing in?

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

like

I have about $60k sitting in a savings account that I need to invest. I already max out my Roth IRA, Roth 401K, and HSA every year. I’ve been nervous to invest it because I can’t decide if I should stick to ETFs or invest in something more risky. Any suggestions on potentially good investments?

like

How’s everyone’s portfolios looking?

like

More Posts

Bhailog never join Synechron or Attra, it is not rumour, they are hire-fire company.

likehelpful

Does LTI change joining date , my issue is my notice period is 30 days remaining but due to some dependency it may be extended 10 to 15 days. What can I do in this situation ?

like

Hi,

What will be the in hand salary for this?

Post Photo
like

Is bgv closed before joining LTI.
What are the things in BGV closed before joining and after after joining.

like

Larsen & Toubro Infotech When is the appraisal at LTI ?
When is the cut off joining date to be elegibile for the appraisal ?
When does the increament get effective from?
When does the variable payout happen ?

Larsen & Toubro Infotech

like

Does any Googler want to do a mock interview with me for system design?

like

I am working as a product designer.
Having 5 YOE.
Knowledge about photoshop, blender, uv mapping, textures, illustration, AutoCAD, Corel draw.
What would be the salary bar for a designer in a company? How to get a better growth in the design industry.
Could anyone suggest me?

I completed 4 years in JPMC , every year I got double digit hikes >12%, and bonuses >3 lakh and increasing . last year I got promoted to 602 with bonus >5 lakh, I am getting interesting offers outside should I stay or leave ? Also, I need 11+ likes to unlock my dm . Please like 🙏

like

Anyone travelled from india to US in British airways with covid positive result and doctor letter of recovering from covid? Their website shows, passengers can travel like that but wanted to be sure.

Recently joined a project that’s been in flight for long time. Onboarding hasn’t been great, not sure who my Point of contact is, where we are in the process (since they started such a long time ago and the SoW is outdated by at least 2 years), what the objectives are for this phase of work. Manager sort of just says things that suggests I should know, which deters me from asking Qs. They recently came across as a bit annoyed when I’d ask a few Qs. Not sure if they fee the onboarding decks…tbc

like

Can we get work permit to Canada without job ?

likefunny

Does anyone here work for the custom or express underwriting department at Liberty Mutual? Wondering how you like it and the differences between the two as far as work life balance goes. Appreciate any insight.

like

Hello Guys, Welcome to this group. Here you can post all available Salesforce freelance opportunities.

like

How do I negotiate a higher salary at a non-profit organization?

like

Hello Guys,
We have below two opening at @
ServiceNow for Good experience into Big Data, Spark and Java

Staff Software Engineer : https://smrtr.io/9C6ss
Sr. Software Engineer : https://smrtr.io/7Vzvk

Please go through with JD and let me know if you need the referral for the same
ServiceNow

like
like

Hello, I have an interview scheduled for the position of Product Manager for Mumbai location. Could anyone please help me with details like culture/benefits and pay at ICICI?

Hi All- I’d love to hear from the community what the focus areas are for Tier 2 firms in the region Are there certain sectors the various firms specialize/ focus on? It seems like everyone focuses on public sector and tmt. Currently interviewing at a few and would be great to get some feedback. Thanks!

like

Is Hollywood out of creativity nowadays? Every film seems to be similar to a pre-existing one and don't even get me started on all the remakes.

like

Is s&p 500 and s&p global are same things?

Additional Posts in Personal Investment Chatter

Anyone know what is the financial requirements to be approved for Fidelity level 2 option trading?

like

Short the vix?

like

I have $100K liquid cash over and above maxing out 401K, HSA, College fund, investments in Index funds and emergency fund. I plan to leave $25K for contingency. Of the $75K is it wise if I purchase I bonds worth $30K (myself, spouse, kid)? Current combined rate is 9.62 Does anyone foresee the interest rate drastically reducing? I don’t intend to cash them out before 5 years.

Looking at real estate vs stock market returns. How much ROI have you seen your real estate investments yield over the years on average? I know there are so many factors. Just trying to see if RE is worth it given that I will lock in a large amount if cash.

like

Just downloaded Robinhood on my phone and going to learn investing with small amounts. What are some resources to read and make informed decisions? How many $s should a complete noob start with ?

like

Is it financially irresponsible to buy a home that requires you to divert what you’re currently saving / investing monthly to pay the mortgage?

like

I’m aiming to retire in 30 years, my current asset allocation between all my investment vehicles is 10% REITs, 10% Int. Equities, 10% bonds, 20% small cap equities, and 50% S&P 500. They are cont...

like

Looking for advice for investing in these two options. Say I have $100k by October saved up
1) Put 10k into iBonds and $90k as downpyament and closing costs for a property (I’ll need to put in 20%, already talked to several mortgage agents)
2) Put $0 in ibonds and put all the $100k in the home investing (given it’s a little more of an expensive property, given some other factors - location, size, etc)

like

My dream is to be a full time property investor (buy, renovate, build, sell, rent etc). I’m saving to buy my first property to fix up. Anyone have any tips to get started?

likesmart

What were people's 401k /pension balances at 30?

Feeling behind at $40k but making big headway now saving 10% and pwc wealth builder at 6, (26k a year on 160k)

like

Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying a multi unit property and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post investment opportunities?
Thank you in advance.

like

If I make $120k base and have 50k for down payment, what should the house price be?

likehelpful

First baby, already saving in a 529 and UTMA Brokerage for him, what else can be done? Open to ideas on how to best set him up for future success - at least financially

like

I have about $60k sitting in a savings account that I need to invest. I already max out my Roth IRA, Roth 401K, and HSA every year. I’ve been nervous to invest it because I can’t decide if I should stick to ETFs or invest in something more risky. Any suggestions on potentially good investments?

like

Looking to put $5K in the market. Which ones would you buy? Lululemon, delta airlines, Peleton, docusign, Zoom, etsy. Any that I’ve missed and should consider? Already have MSFT, BRKB, NVDA, BABA and multiple broad ETFs

like

What are your favorite personal finance books? I just read Rich Habits and really liked it. I am also reading the Psychology of Money. Looking to read some more!

like

Do you think any of the major cruise line companies will go bankrupt? Debating if I should invest.

like

Forgive me if this is a stupid question- but if Trump bails out Oil and Gas companies, could Chesapeake be a steal at 17 cents?

like

I don’t get why even the most reputable financial news still try to attribute market moves to people. It’s not individual investors who are in control of day-to-day moves anymore, it’s algorithms.

like

I have a lot of exposure to big tech and sp500 across my brokerage account and retirement accounts. I recently opened a Roth IRA and have 6k in it to invest. I know the default strategy is to invest in a fund that tracks sp500 but I do that everywhere else regularly. Is there anything else like VYM you recommend? I’m targeting dividend growth ones since it’s a Roth IRA ..

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal