After reviewing bankrate.com to find a good online bank yesterday, I transferred a large amount from my checking account to Marcus Bank based on their offered 1.05% bank savings rate. Today (i.e. 1 DAY LATER), after they just received my bank transfer, I received an email that they are reducing the rate to.8%. While most banks reserve the right to adjust rates, this appears to be a blatant bait and switch. Beware of Marcus Bank!