Thanks. No offence taken but I want to point out that this is part of a longer-term strategy to ultimately get credit products and not about chasing interest payments. Especially since Amex and other online banks will probably match that rate soon anyway. I've done the same with U.S. Bank and NFCU and got significant tradelines as a result, and I have similar savings account with U.N. FCU just waiting for the appropriate time to apply for one of their cards.
Uhhh... $15 is two burrito bowls at Qdoba but since you presumably live in AZ you have access to the real stuff for probably less 
@DaveInAZ wrote:
@Anonymous wrote:Thanks for posting this info. Marcus has been bombarding my wife for months with loan offers and she just ignores them. I just signed up for a Savings account and seeded it with $1K...much better than the 1.55% I'm currently getting from Amex High Yield Savings.
Nice clean website and smooth access to my Chase account to immediately transfer funds; too bad there's no mobile app yet. Hopefully this puts me on their radar ( they did a soft pull of the savings account) for when they launch their rumored credit card next year.
Congrats on opening your Marcus account, and hopefully it does put you on their radar for a loan or CC in the future.
And no offense, but I have to point out that when you say "much better than the 1.55% from Amex" - on a $10k balance that amounts to $15 per year. That's why I don't chase after the latest savings rate bumps.
Marcus has actually been slow to react, my LiveOak has been @ 1.7% since Jan and I'm expecting another bump any day now to 1.8-1.9%, I suspect Marcus' move might have some to do with Synchrony going to 1.65% few days ago, my Marcus and Synchrony has been sitting @ $5 balance for months, they gonna have to work a little harder to get my rainy day fund back. 
Dave, just signed my Premier papers, funded $1500 via PCR but haven't seen the charge yet. I'm guessing nothing more is going to happen until Monday yes?
@Anonymous wrote:Thanks. No offence taken but I want to point out that this is part of a longer-term strategy to ultimately get credit products and not about chasing interest payments. Especially since Amex and other online banks will probably match that rate soon anyway. I've done the same with U.S. Bank and NFCU and got significant tradelines as a result, and I have similar savings account with U.N. FCU just waiting for the appropriate time to apply for one of their cards.
Uhhh... $15 is two burrito bowls at Qdoba but since you presumably live in AZ you have access to the real stuff for probably less
Gotcha. Yep, lenders view you a little more favorably if you have some cash on deposit with them, that's why I have savings accounts with Amex, Discover, Cap One, and a local CU. The rates are all pretty competitive, except the local CU but they gave me a $200 bonus for upgrading to a checking account that requires a $1k average daily balance to avoid a $5/mo. fee, but the way I look at it that $200 bonus is worth a couple years interest even at DCU or Premier Members.
@Anonymous wrote:
Dave, just signed my Premier papers, funded $1500 via PCR but haven't seen the charge yet. I'm guessing nothing more is going to happen until Monday yes?
$1500??? I was under the impression $500 was the max for CC funding. Darn, I missed out some CC rewards, I just funded with $500 from PayPal 2% card and pulled $1k in from Disco bank. Yeah, the CC authorization won't show up for a biz day or two while they finish approviing everything, and then it takes 3-4 biz days for the funds to credit to your account after that. I had an email from them today letting me know the $50 bonus from the referral when I opened my account will credit at the end of the month. Gotta give credit to Netspend for such fast crediting of the referral bonus. 
@DaveInAZ wrote:
@Anonymous wrote:
Dave, just signed my Premier papers, funded $1500 via PCR but haven't seen the charge yet. I'm guessing nothing more is going to happen until Monday yes?
$1500??? I was under the impression $500 was the max for CC funding. Darn, I missed out some CC rewards, I just funded with $500 from PayPal 2% card and pulled $1k in from Disco bank. Yeah, the CC authorization won't show up for a biz day or two while they finish approviing everything, and then it takes 3-4 biz days for the funds to credit to your account after that. I had an email from them today letting me know the $50 bonus from the referral when I opened my account will credit at the end of the month. Gotta give credit to Netspend for such fast crediting of the referral bonus.
Go Netspend!! That bonus was instantaneous!
@$1500 CC funding limit was right on the application haha. I did just get my welcome letter and membership number, was also told they no longer take Visa for CC funding, my option now is either Discover or my only MC CapOne Savor both @ 1%, I'm going to take my time researching this weekend so I don't end up with cash advance on either, PenFed told me for certain it would be a charge, CapOne CSR had no clue what I'm talking about and Discover told me it can go either way depending on how it's processed at Premier. I might just forgo CC funding altogether and not take a chance for $15 @ 1%.