Marcus by Goldman Sachs: Savings Account & Rates
Mission: Banksparency aims to make Marcus by Goldman Sachs' savings account transparent and comparable to the market.
Savings Overview
Marcus Online Savings Account
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.20% APY.
Bank Overview
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 33124)
Our Take on Marcus by Goldman Sachs
The Good
- Decent APY of 3.65%
- No minimum deposit or balance requirements
- No monthly maintenance fees
- Top-tier mobile apps (iOS: 4.9, Android: 4.9)
Considerations
- No physical branch access (online only)
Marcus by Goldman Sachs offers an Online Savings Account with a competitive APY of 3.65%. This account has no minimum deposit or balance requirements, and there are no monthly maintenance fees. Additionally, it provides top-tier mobile apps with ratings of 4.9 for both iOS and Android. However, please note that this account is only available online, with no physical branch access.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Marcus by Goldman Sachs
| Feature | Marcus Online Savings Account |
|---|---|
APY | 3.65%Verified: 1/13/2026 |
APY Trend | Very StableNo rate changes in last 90 days |
Min. Deposit | $0 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Marcus by Goldman Sachs
Savings Breakdown
- Interest Earned+$1,424.50(9.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,424.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Marcus by Goldman Sachs Savings Rates Over Time
Historical APY Insights
Last 12 Months| Metric | Marcus Online Savings Account |
|---|---|
Latest APY | 3.65% |
Trend | Sideways |
Slope (bps/mo) | -2.0 |
Rate Changes / Mo | 0.17 |
Days Since Last Change | 230 |
High (-12m) | 3.90% |
Low (-12m) | 3.65% |
Draw-down | -6.4% |
Volatility (CV) | 0.024 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 351-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Marcus by Goldman Sachs
| Feature | Current View Marcus by Goldman Sachs | Empty Slot |
|---|---|---|
| Product | Marcus Online Savings Account | - |
APY | 3.65%Verified: 1/13/2026 | - |
APY Trend | Very StableNo rate changes in last 90 days | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks
Alternatives to Marcus by Goldman Sachs
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For a top list of the highest savings rates, see all HYSA top rates
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