two years ago, precisely for this reason: to have a place to save for taxes.
At many commercial banks, there are prohibitive monthly fees and minimums within accounts. That might be OK if you only want to maintain one savings account, but I needed separate, smaller buckets. I refuse to pay $12 per month for an account balance that falls below a threshold for even just one account.
With Marcus, it takes two minutes to open up separate accounts and each of which can have its own special name. For me, it's motivating to see, so clearly laid out, my different savings goal and their corresponding dollar figures.
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