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wdfifteen wdfifteen is offline
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Join Date: Mar 2008
Location: SW Ohio
Posts: 29,814
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I used Marcus and American Express as the funding and payment source for Treasury Bills. Marcus had a problem of some sort, they kept reversing transfers to other banks, started refusing to release funds to Treasury for T-bill purchases, and stopped accepting payments from matured T-bills. Treasury froze my account with them.
That’s a long winded way of saying stay the hell away from Marcus.
I’ve had no problem with American Express. I keep money for most of my bill-paying needs at American Express and use that account for all my transactions with Treasury because my local bank pays .6% while Amex pays 4.25%.
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Old 06-04-2024, 11:32 AM
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