Complaints
This profile includes complaints for Marcus by Goldman Sachs's headquarters and its corporate-owned locations. To view all corporate locations, see
Customer Complaints Summary
- 1,704 total complaints in the last 3 years.
- 598 complaints closed in the last 12 months.
If you've experienced an issue
Submit a ComplaintThe complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.
Initial Complaint
Date:05/28/2025
Type:Billing IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I believe this account has been assigned to me in error, as I am not liable for the debt in question.
I have no contractual obligation with GS BANK USA and have never received any documentation to substantiate the validity of this debt, despite my formal requests for verification. I specifically asked to review the original application or contract related to this alleged debt. Since GS BANK USA has been unable to provide this documentation, I assert that the debt is not mine and should not be associated with my records.
I kindly request the removal of this erroneous collection from my account and an acknowledgment of this resolution in writing. Thank you for your attention to this matter.Business Response
Date: 06/05/2025
Goldman Sachs Bank USA (the “Bank”) received the above-referenced complaint
related to the Apple Card
via the Better Business Bureau (“BBB”) Complaint Portal on May 29, 2025. The
Bank appreciates the opportunity to address the concerns raised by ******
***** (the “Customer”) related to validation of the debt owed for the Apple
Card.
The Bank conducted an investigation and confirmed no Bank error occurred.
According to the Bank’s records, the Customer opened an Apple Card and
consented to the Apple Card Customer Agreement on October 31, 2021. As stated
in the Apple Card Customer Agreement, the Bank may report information about
the account to the Credit Reporting Agencies, which includes but is not
limited to Late Payments, Missed Payments, or other defaults on the account.
Additionally, this agreement details the Customer’s payment obligations
including that the Customer promises to pay all amounts charged to the
account under the agreement, including all transactions and all other amounts
billed. The cardholder can reference the “Promise to Pay” section of the
Apple Card Customer Agreement.
The account was charged off on January 31, 2023, as a result of the customer
failing to make a payment to satisfy the minimum amount due by July 31, 2022.
The Bank confirmed the account was reported accurately to the Credit
Reporting Agencies. However, after review, the Bank confirmed Experian is not
reporting the account. The Bank submitted a request to Experian to update
reporting. The Customer should allow 30 days for the changes to reflect on
the credit report. The Bank is obligated to report accurately to Credit
Reporting Agencies and is unable to update the Customer’s credit reporting.
The Bank sent the Customer the requested documents on June 3, 2025,
validating the Customer's debt including a copy of the Apple Card Customer
Agreement and 12 months of statement history showing records of transactions
and payments to validate the balance and the debt owed. The Customer is
responsible for the balance on the account in the amount of $5,171.54.
Based on the above details, the Bank kindly requests for this complaint to be
closed.Initial Complaint
Date:05/26/2025
Type:Billing IssuesStatus:ResolvedMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I had a savings account with Marcus by Goldman Sachs that held approximately $5,000. Without proper warning or a 30-day notice, my account was abruptly closed, and I was told it was due to “escheatment.” However, I had recently accessed and used this account, and there was no inactivity or neglect on my part. After multiple phone calls, Marcus representatives gave conflicting information. One agent claimed a letter had been sent, but another confirmed no letter was sent to me, which violates standard escheatment notification procedures.
I was also told that a check would be mailed to me, but as of now, no check has been issued or sent, and no tracking information has been provided. This situation has caused unnecessary stress, delays in accessing my own money, and a total lack of transparency or accountability from Marcus.
I am requesting that Marcus promptly send the full amount of my funds, provide tracking for the check, and give a clear explanation as to why my account was closed without due notice.Business Response
Date: 06/03/2025
BBB
Response *******
ID ********
Marcus
by Goldman Sachs, a brand of Goldman Sachs Bank USA (the “Bank”), received the
above-referenced complaint via the Better Business Bureau Complaint Portal on May
27, 2025. The Bank appreciates the opportunity to address the concerns raised
by ****** ******* (the "Customer”) related to the closure of their Online
Savings Account (“OSA”).
On
May 21, 2025, the Bank conducted a review of the Customer’s account and made the
business decision to close the OSA. The following day, the Customer contacted
the Bank regarding the closure of their OSA and a Bank specialist opened an
investigation into the Customer’s concerns.
After
further review, the Bank identified that the Customer’s OSA had been
erroneously closed. On June 2, 2025, the
Bank re-opened the OSA and credited the funds with the appropriate interest.
Due
to the experience, the Bank will be providing a credit to the Customer's
account as a token of goodwill in the next five business days.
Based on
the above details, the Bank kindly requests this complaint to be closed.Customer Answer
Date: 06/03/2025
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.
Sincerely,
****** *******Initial Complaint
Date:05/26/2025
Type:Service or Repair IssuesStatus:ResolvedMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I have had a terrible time with Marcus. I tried to move my money (to external accounts) and it kept getting reversed back to Marcus. I called numerous times to resolve the situation and each time they kept changing their responses. First, they said, you can only transfer back to original external sourcing account. I did this as they instructed and it was reversed again. Then I called again, this time they said, the transfers have to be exact, to the penny, so I did this and it was reversed again. I called back and the agent said they would help me close the accounts and transfer the money. This also didnt work as the agent sent it to the wrong accounts. Called back again, the agent corrected the situation, money was transferred and accounts were closed. But, today they called me and said they need to verify one of the external accounts and there is a possibility they may reverse the transfer due to verification, they also locked me out the app once I said I will be calling my lawyer and that I too have recorded the conversations. I will have to call the external account and close it before they try a reversal, PLEASE stay was from this online bank, awful, awful experience. I try never to leave negative reviews but this is unacceptable and has tried my patience. Never ending 3-4 week fiasco with this bank.Business Response
Date: 06/02/2025
BBB Response Picinic
ID ********
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA (the “Bank”), received the above referenced complaint via the Better Business Bureau Complaint Portal on May 26, 2025. The Bank appreciates the opportunity to address the concerns raised by **** ******* (the “Customer”) related to accessing the funds on their accounts.
On May 12, 2025, and May 13, 2025, the Customer initiated multiple outgoing transfer requests from their Online Savings Account (“OSA”) (account ending in ****) to separate external accounts. During the transfer processing reviews, the Bank identified security concerns regarding the transfers and contacted the Customer to address the concerns. To resolve the security concerns, a Bank specialist confirmed that they authorized the transfers and advised that the funds needed to be returned to the respective funding account. Subsequently, the Bank declined the transfers.
On May 14, 2025, the Customer initiated the closure of their OSA (account ending in ****) with the funds being transferred to one of the funding accounts. However, the Bank identified the same security concerns as the funds needed to be sent to the respective funding accounts. Consequently, the Bank declined the transfer.
On May 19, 2025, the Customer contacted the Bank to close their OSA (account ending in ****) and Certificate of Deposit (account ending in 8613) and transfer the funds to the respective funding accounts. On May 21, 2025, the Bank successfully completed the closure of the accounts.
Based on the above details, the Bank kindly requests this complaint to be closed.Customer Answer
Date: 06/04/2025
Better Business Bureau:
I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.
Sincerely,
**** *******Initial Complaint
Date:05/23/2025
Type:Billing IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I am not liable for this debt with Goldman Sachs Bank USA, I do not
have a contract with Goldman Sachs Bank USA, they did not provide me with the original contract as i requestedBusiness Response
Date: 06/02/2025
Goldman Sachs Bank USA (the “Bank”) received the above-referenced complaint
related to the Apple Card via the Better Business Bureau (“BBB”) Complaint
Portal on May 27, 2025. The Bank appreciates the opportunity to address the
concerns raised by *********** ******* (the “Customer”) related to validation
of the debt owed for the Apple Card and credit reporting for the Apple Card.
The Bank conducted an investigation and confirmed no Bank error occurred.
According to the Bank’s records, the Customer opened an Apple Card and
consented to the Apple Card Customer Agreement on June 9, 2022. As stated in
the Apple Card Customer Agreement, the Bank may report information about the
account to the Credit Reporting Agencies, which includes but is not limited
to Late Payments, Missed Payments, or other defaults on the account. The
account was charged off on August 31, 2024, as a result of the Customer
failing to make a payment to satisfy the minimum amount due by February 29, 2024.
The Bank successfully delivered Statement Available Reminders, Payment Due
Reminders, Missed Payment Reminders, and Eligible for Credit Bureau Reporting
reminders to the email address on file. The Bank is unable to provide the
Customer with signed documents as the Customer electronically consented to
the Apple Card Customer Agreement by completing the application and opening
the account. The Bank is obligated to report accurately to Credit Reporting
Agencies and is unable to update or remove the trade line from the Customer’s
credit report.
The Bank sent the Customer the requested documents on May 29, 2025,
validating the Customer's debt including a copy of the Apple Card Customer
Agreement and 27 months of statement history showing records of transactions
and payments to validate the balance and the debt owed. The Customer is
responsible for the balance on the account in the amount of $863.11 provided
in the latest statement from August 31, 2024.
Based on the above details, the Bank kindly requests for this complaint to be
closed.Initial Complaint
Date:05/20/2025
Type:Service or Repair IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
Will not. Give money belonging to me from deceased parent holding account w marcusBusiness Response
Date: 05/27/2025
BBB Response *******
ID ********
Marcus by Goldman Sachs, a brand
of Goldman Sachs Bank USA (the “Bank”), received the above-referenced complaint
via the Better Business Bureau Complaint Portal on
May 20, 2025. The Bank appreciates the opportunity to address the concerns
raised by Mark ******* related to the beneficiary payout on ***** *******’ (the
“Deceased Customer) account.
On April 7, 2025, the Bank mailed Mr. ******* the
appropriate documentation to receive their payout on the Deceased Customer’s
account. On April 28, 2025, the Bank received the documents from Mr. *******;
however, the Bank declined the documentation as it had been incomplete.
On April 30, 2025, and May 22, 2025, the Bank mailed Mr.
******* the appropriate documentation to proceed with the payout of the Deceased
Customer’s account. Currently, the Bank is waiting to receive the completed
documentation from Mr. ******* to process the payout of the account.
Based on the above details, the Bank kindly requests this
complaint to be closed.Initial Complaint
Date:05/20/2025
Type:Service or Repair IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I’m trying to make a transfer to my personal account , yet my account is locked and under review I’m not sure why when I answered everything correctly with representative . I just need my money sent to my capital one account and this account closed this has been a nightmareBusiness Response
Date: 05/27/2025
BBB Response Hunter
ID ********
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA (the
“Bank”), received the above referenced complaint via the Better Business Bureau
Complaint Portal on May 20, 2025. The
Bank appreciates the opportunity to address the concerns raised by ******* ****** (the “Consumer”) related to accessing their Online Savings Account
(“OSA”).
On May 19, 2025, and May 20, 2025, the Consumer initiated multiple
outgoing transfer requests from their OSA to an external account. During the
transfer processing reviews, the Bank identified security concerns regarding the
transactions and restricted the OSA. Due to the ongoing security concerns, the
Bank made a business decision to close the account.
Based on the above details, the Bank kindly requests this complaint
to be closed.Customer Answer
Date: 05/28/2025
Complaint: ********
I am rejecting this response because:
I would like to wait until my funds have been transferred
Sincerely,
******* ******Initial Complaint
Date:05/20/2025
Type:Billing IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I paid a dental bill for my son ******* ******* to a Dr. ***** ********* *** ** ******* ** ** ************ *** ***** in the amount of 1108.00. I charged this amount to my Marcus GM by Goldman Sachs credit card. This amount was disputed by me to the credit card company for a number of reasons but later ruled in Dr. ********** favor by Marcus GM credit card and the provisional credit reversed in May, 2024. I was rebilled $1108.00 and I paid the credit card company 1108.00 with the final payment concluded September, 2024. I was just informed that they were putting this amount in collections as Marcus GM had not paid Dr. ********** office according to his accounts payable personnel as of 4-15-2025. I have reached out to Marcus GM requesting proof of payment to Dr. ******** at least 11 times or more. The last three times I was promised on two occasions a letter from the BACK OFFICE ?? and two letters sent to my email stating that I paid Marcus GM credit card and that they had paid Dr. ******** office and the date.I have received NOTHING. Today I was on the phone over 30 minutes or more just going in circles with the rep (Karen) from Marcus to no avail. Last week a Spanish speaking supervisor, a gentleman with a Hispanic accent all telling me something would be sent either immediately or within five to seven business days. Again I have nothing but the threat of being sued for a bill which they should have paid.Business Response
Date: 05/27/2025
Goldman Sachs Bank USA (the “Bank”) received the above-referenced complaint
related to the GM Card via the Consumer Financial Protection Bureau (“CFPB”)
Complaint Portal on May 24, 2024. The Bank appreciates the opportunity to
address the concerns raised by ******** ******* (the “Customer”) related to a
transaction dispute with the merchant ***** ******** *** in the amount of
$1,108.00.
The Bank conducted an investigation, and an inadvertent communication error
occurred. The Customer contacted the Bank on May 15, 2025 requesting
documentation the transaction with merchant ***** ******** ***-PA 516 in the
amount of $1,108.00 payment was provided. A Bank specialist misinformed the
Customer that proof of the transaction would be sent. According to our
records the Customer made the purchase with merchant ***** ******** ***-PA
516 in the amount of $1,108.00 that posted on September 7, 2023. The Bank is
unable to provide the requested document. The Customer may refer to the
August 25 - September 24, 2023 statement.
The Customer disputed the transaction on October 25, 2023, and January 27,
2024. The Bank applied a temporary credit while the dispute was investigated.
Based on the investigation and a review of the evidence provided, the Bank
resolved the dispute in favor of the Merchant because the Customer agreed to
the merchant’s terms to pay the amount owed that was not covered by
insurance. As a result, the temporary credit that was applied to the
Customer’s account was reversed on January 17, 2024, and April 18, 2024. The
Bank sent the Customer an email detailing the dispute outcome. The Bank
attempted to contact the Customer on May 27, 2025 but was unsuccessful.
Based on the above details, the Bank kindly requests for this complaint to be
closed.Initial Complaint
Date:05/14/2025
Type:Billing IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I created a HYSA with Marcus on 4/7/25, via the Marcus app and I was able to link my PNC bank account to set up a transfer. On May 2, 2025, I initiated a $7000 transfer back to my PNC Account. My request was declined, and I was informed by Goldman Sachs that it was because I requested it be transferred to the account number from which my money was drawn but since GS/Marcus utilized an outside source, Plaid, who encrypts their transaction by creating a fake account number that the transfer would have to be directed through the same fake account number. This has been escalated a number of times to supervisors and their security team. We even spoke on 3-way with a representative of PNC Bank who verified my acct. no. but still my money has not been returned to me. My account is now frozen, and I keep being told that it is being investigated over and over again but I still have no answers 12 days later! I have a commitment that I need those funds before the end of this week or lose out on this opportunity which is detrimental to me and my family! I would like all of my money returned to my bank account immediately and this account closed.Business Response
Date: 05/21/2025
BBB Response Ebanks
ID ********
Marcus by Goldman Sachs, a brand of Goldman Sachs Bank USA (the “Bank”), received the above-referenced complaint via the Better Business Bureau Complaint Portal on May 14, 2025. The Bank appreciates the opportunity to address the concerns raised by ****** ****** (the "Customer”) related to accessing their Online Savings Account (“OSA”).
On May 2, 2025, the Customer initiated an outgoing transfer request from their OSA to an external account. During the transfer processing review, on May 5, 2025, the Bank identified security concerns regarding the external account and contacted the Customer to address the security concerns. During the call, a Bank specialist informed the Customer that the funds needed to be transferred to the original funding account.
On May 8, 2025, the Customer initiated an additional outgoing transfer request. However, the Bank identified the same security concerns and declined the transfer. Later that same day, the Customer contacted the Bank regarding the transfer request. During the call, a Bank specialist attempted to conduct a three-way call with the Customer and the external institution to verify the ownership of the external account; however, the external institution was unable to provide the required information and the security concerns remained.
After further review, on May 14, 2025, the Customer contacted the Bank regarding their account access and a Bank specialist resolved the security concerns regarding the external account. Subsequently, the Bank specialist restored the Customer’s online banking access. However, due to an inadvertent error, the Customer experienced a delay in transferring their funds.
After further review, on May 16, 2025, the Bank completed the Customer’s request to close the OSA and mailed the funds via check to the Customer’s address on file.
Based on the above details, the Bank kindly requests this complaint to be closed.Initial Complaint
Date:05/13/2025
Type:Billing IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
I am not responsible for this debt with GS Bank USA, I do not have a contract with them, & they have not produced the agreement I asked for.Business Response
Date: 05/21/2025
Goldman Sachs Bank USA (the “Bank”) received the above-referenced complaint
related to the Apple Card via the Better Business Bureau (“BBB”) Complaint
Portal on May 14, 2025. The Bank appreciates the opportunity to address the
concerns raised by ******* ***** (the “Customer”) related to validation of
the debt owed and credit reporting for the Apple Card.
The Bank conducted an investigation and confirmed no error occurred. Based on
the Bank’s investigation, the Bank determined the Customer is liable for the
account. According to the Bank’s records, the Customer opened an Apple Card
and consented to the Apple Card Customer Agreement on January 28, 2023. As
stated in the Apple Card Customer Agreement, the Bank may report information
about the account to the Credit Reporting Agencies, which includes but is not
limited to Late Payments, Missed Payments, or other defaults on the account.
The account was closed and charged off on May 31, 2024, as a result of the
Customer failing to make a payment to satisfy the amount due by November 30,
2023. The Bank successfully delivered Statement Available Reminders, Payment
Due Reminders, Missed Payment Reminders, and Eligible for Credit Bureau
Reporting reminders to the email address provided by the Customer. The Bank
confirmed the account was reported accurately to the Credit Reporting
Agencies. The Bank is obligated to report accurately to Credit Reporting
Agencies and is unable to remove the trade line from the Customer’s credit report.
The Bank sent the Customer the requested documents on May 16, 2025,
validating the Customer's debt including a copy of the Apple Card Customer
Agreement and 18 months of statement history showing records of transactions
and payments to validate the balance and the debt owed. The Bank is unable to
provide the Customer with signed documents as the Customer electronically
consented to the Apple Card Customer Agreement by completing the application
and opening the account. The Customer is responsible for the balance on the
account in the amount of $565.00.
Based on the above details, the Bank kindly requests for this complaint to be
closed.Initial Complaint
Date:05/12/2025
Type:Sales and Advertising IssuesStatus:AnsweredMore info
Complaint statuses
- Resolved:
- The complainant verified the issue was resolved to their satisfaction.
- Unresolved:
- The business responded to the dispute but failed to make a good faith effort to resolve it.
- Answered:
- The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
- Unanswered:
- The business failed to respond to the dispute.
- Unpursuable:
- BBB is unable to locate the business.
Spam mail to my address for “CHANG HUI” and I can’t stop the mail from coming.Business Response
Date: 05/19/2025
BBB Response ***
ID ********
Marcus
by Goldman Sachs, a brand of Goldman Sachs Bank USA (the “Bank”), received the
above-referenced complaint via the Better Business Bureau Complaint Portal on
May 12, 2025. The Bank appreciates the opportunity to address the concerns
raised by Stewart *** (the "Consumer”) related to an account held for a
third-party.
On
May 12, 2025, the Bank received a notification from the Consumer with concerns
related to documentation received to their address belonging to a third-party.
For security purposes, the Bank is unable to share any details or account
information with the Consumer regarding a third-party. However, the Bank can confirm
that the Consumer will not receive further documentation from the Bank.
The Bank requests the Consumer to call the Bank toll-free
at 1-855-730-SAVE (1- 855-730-7283), Monday to Friday, 8 am - 10 pm, or
Saturday to Sunday, 9 am - 7 pm ET if the Consumer needs further assistance.
Based on the above details,
the Bank kindly requests this complaint to be closed.
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