Marcus by Goldman Sachs®Reviews of marcus.com

I don't care what their contract says. What kind of a company marks a payment as late if you try to pay it on the day it is due? Marcus requires you to pay end of their business day and not yours. You pay at 3:00 PM on your due date and the payment is marked as late. This company is also inflexible on making payment arangements if you ever have trouble paying. You want to do business with a good company. Use Bestegg

Their customer service is horrible, and you cannot rely on statements made by customer service. I have been promised they would fix errors or waive feed charged in error only to be lied to.

We have a GM credit card from Capital One that was bought out by Goldman Sachs. A couple of months later we headed to San Diego by car. Our card was declined more than accepted on the trip. We called and it made no difference. If we were ever late with a payment I would understand but WTH!!! Anyhow it continued when we got home so we concluded they don't want anyone who pays their bill each month. I wouldn't recommend Goldman Sachs to pick up dog crap from my yard.

WORST CARD & CUSTOMER SERVICE (PATRICIA) EVER, WARNING!!!!!!! WARNING!!!!! STAY CLEAR OF THIS HIGH INTEREST HEADACHE I NEVER SIGNED UP FOR THIS CARD TO MAKE THINGS CLEAR, SINCE CAPITAL SOLD THIS CARD TO MARCUS BY GOLDMAN SACHS THIS HAS BEEN TROUBLE AS FAR AS INTEREST, I PAID THE BALANCE IN FULL A WEEK LATER I OPEN THE CARD AND ITS A INTEREST FEE, I WAS TOLD I HAD TO PAY THE BALANCE FOR TWO MONTHS STRAIGHT (SOME GARBAGE THAT MADE ABSOLUTELY NO SENSE @ ALL, CONSIDERING I PAID IT OFF BEFORE THE INTEREST EVEN HIT THE CARD, I JUST END UP PAYING THE REMAINING INTEREST JUS TO PUT THIS BEHIND ME BUT I WILL NOT USE THIS CARD FOR NOTHING BUT SMALL PURCHASES JUS TO KEEP IT OPEN SO IT WONT HURT MY CREDIT, IN MY OPINION THIS IS A COMPLETE SCAM CARD.

HELP! MY GM POINTS ARE BEING HELD HOSTAGE BY MARCUS! I don't know if Marcus UK is same as Marcus USA, but this is my review of Marcus Goldman Sachs USA. I have had a General Motors Capital One credit card for several years, which Goldman Sachs/Marcus took over. I never had a bit of problem when the GM card was handled through Capital One. The slow tedious process of the transfer from Capital One to Marcus was the least of my complaints. I have been notified of late payments 3 times since March (when I received my card), although I set them up to be paid online and on time through my credit union. After numerous calls with several Chase customer service employees, I found out that Marcus Goldman Sachs only processes ACH payments electronically from Goldman Sachs Bank. All other ACH payments (which is the way my credit union transfers the payments) from other non-Goldman Sachs financial institutions are MAILED to GS from ACH. This is the reason why my payments have been late, even though according my CU, the money transfer was sent out ACH and the payments should have been received on time. GS would not wave the interest and late fees, even though I always pay my card in full (and what I expected to be on time). I suppose somewhere in the fine print there's a notice about ACH payments not originating from GS and the additional time required (I was told 10-12 days!!!) to process. This is highly infuriating to me, as now I likely am showing late payments on my credit reports. I might add that Marcus/Goldman Sachs is the only company I have had a problem with ACH transfers being later than my CU says they will be received. I would happily cancel my Marcus card, but hope to purchase a new GM vehicle in the next year or two, and don't want to lose my accrued points!

There's nothing great, and there nothing that works with the GM card , On Jun 25, 2022 i was approved for a business card ($12,000).. i waited for 2 weeks and i called in to know why my card was never dispatched after 2weeks, i talked to a discourteous "jessica" on the phone, and she told me it'll take a month for them to dispatch my card ( i am still waiting for it to come within the mail) i was given a virtual card online to make purchases while i hold up for my physical card.. this virtual card never worked, i was as it were attempting to pay for the windows($900)! i gotten an e-mail after few min. Hi Elyn, Your GM Business Card™ ending in 2876 has been restricted. While your account is restricted, your account access and transactions may be limited for your protection. You will not be able to make purchases on your GM Business Card at this time. We’re here to help. For more information about this issue, please contact a GM Rewards Cards specialist at 1-833-773-0990. My relationship with this company has not been inviting , and this can be irritating since i thought they might be of offer assistance to my company at this time.

Wow, where do I begin? Aside from the customer service issues (what kind of bank doesn’t have online chat these days?) they also do not let you log into your account while outside the US. That’s right: need to transfer money to a checking account and withdraw cash while on vacation? Tough luck! I spent $10 in international charges to CALL and request a transfer, after which I promptly closed the account. Even in the US, it was a nightmare to transfer funds out of Marcus. I added a new Citi account, completed the trial deposit verification process, and initiated a transfer only for Marcus to manually reverse it due to ‘potential fraud.’ When I called, they said I needed to call to inform them I had added a new account to transfer money (like they’re a nosy parent). Making the trial deposit process useless! Stay away, stay away. No interest rate is worth this incompetence.

Stay away from Marcus by Goldman Sachs at ALL COSTS. Seriously, if you take any honest review to heart and look for a different product, this is the one. My experience has been absolutely horrendous and I want to save others from the headache of dealing with a company still operating in the dark ages. If you don't believe me, check out the wall of 1 star reviews here: depositaccounts com/banks/reviews/marcus-goldman-sachs.html This company is horrible. It does not empower its employees with the ability to do anything helpful for business customers. Business customers can only contact customer service through one line, via phone - not email, chat, etc - and the phone representatives have no power to make anything happen other than tick buttons in a system and tell the customer on the other end of the line that they're actually doing something. There is no email when you close your account. There is no email when you make your final payment. There is no email with a pay-off letter, often needed to unlock certain items. Everything is by snail mail. Everything is antiquated. Everything requires you wait 2+ weeks to even know if something has been done. I will NEVER recommend Marcus, and I will ALWAYS recommend people RUN.