Marcus by Goldman Sachs savings account and CD rates
Marcus Online Savings Account offers 3.50% APY. That is 3.13 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #170 of 2929 tracked savings rates by advertised APY. For a $10,000 balance it would rank #108.
Estimate your earnings·What Marcus by Goldman Sachs actually pays
Marcus by Goldman Sachs at a glance
| Savings | |
|---|---|
| Top savings APY | 3.50% · Marcus Online Savings Account |
| Minimum to open | $0 · Marcus Online Savings Account |
| Against the national average | 3.13 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 4.40% · 18 months · 18-Month High Yield CD |
| Minimum to open | $500 · 18 months CD |
| FDIC certificate | 33124 · New York, NY |
|---|---|
| Website | www.marcus.com/us/en |
| Branches | 5 branches in MA, NJ, NY, UT. Marcus Online Savings Account is online only. |
| Availability | Nationally available |
Marcus by Goldman Sachs savings and CD rates
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 12.00%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.20% or more. See the highest savings rates.
Marcus by Goldman Sachs CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 6 months | 3.95% | $500 | 6-Month CD |
| 7 months | 3.75% | $500 | 7-Month No Penalty CD |
| 9 months | 4.30% | $500 | 9-Month CD |
| 11 months | 4.00% | $500 | 11-Month No Penalty CD |
| 12 months | 4.40% | $500 | 12-Month CD |
| 13 months | 3.80% | $500 | 13-Month No Penalty CD |
| 18 months | 4.40% | $500 | 18-Month High Yield CD |
| 20 months | 4.35% | $500 | 20-Month Rate Bump CD |
| 24 months | 4.40% | $500 | 2 Year CD |
| 36 months | 4.40% | $500 | 3 Year CD |
| 48 months | 4.40% | $500 | 4 Year CD |
| 60 months | 4.40% | $500 | 5 Year CD |
| 72 months | 4.40% | $500 | 6 Year CD |
Interactive Tool
Calculate Savings for Marcus by Goldman Sachs
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,363.30(8.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,363.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Marcus by Goldman Sachs pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Goldman Sachs Bank USA paid a higher average rate on savings and money market deposits than 99% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.
- Goldman Sachs Bank USA, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the 3,938 banks that reported a figure for the quarter ending June 30, 2026.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Marcus Online Savings Account | 3.50% | $0 | $0 | None | $0 | None | One rate |
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 6-Month CD | 6 months | 3.95% | $500 | not stated | not stated |
| 7-Month No Penalty CD | 7 months | 3.75% | $500 | not stated | not stated |
| 9-Month CD | 9 months | 4.30% | $500 | not stated | not stated |
| 11-Month No Penalty CD | 11 months | 4.00% | $500 | not stated | not stated |
| 12-Month CD | 12 months | 4.40% | $500 | not stated | not stated |
| 13-Month No Penalty CD | 13 months | 3.80% | $500 | not stated | not stated |
| 18-Month High Yield CD | 18 months | 4.40% | $500 | not stated | not stated |
| 20-Month Rate Bump CD | 20 months | 4.35% | $500 | not stated | not stated |
| 2 Year CD | 24 months | 4.40% | $500 | not stated | not stated |
| 3 Year CD | 36 months | 4.40% | $500 | not stated | not stated |
| 4 Year CD | 48 months | 4.40% | $500 | not stated | not stated |
| 5 Year CD | 60 months | 4.40% | $500 | not stated | not stated |
| 6 Year CD | 72 months | 4.40% | $500 | not stated | not stated |
Every requirement above is explicit: no minimum, no fee, no direct deposit, no linked account (observed Oct 19, 2026).
Opening and using the account
| Availability | Nationally available |
|---|---|
| Footprint | None for this account (online only) |
| App Store rating | 4.9 out of 5 |
| Google Play rating | 4.9 out of 5 |
| Eligibility | not stated |
How Marcus by Goldman Sachs behaves over time
- 12-month high
- 3.65%
- 12-month low
- 3.40%
- Advertised now
- 3.50%
- 0.15 percentage points below the 12-month high
The advertised Marcus Online Savings Account rate, observed through Oct 17, 2026. The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Sep 18, 2026Marcus Online Savings AccountRaise:3.40%to3.50%
- Obs. Jun 3, 2026Marcus Online Savings AccountCut:3.50%to3.40%
- Obs. Apr 21, 2026Marcus Online Savings AccountCut:3.65%to3.50%
- Marcus Online Savings Account
- Up 0.10 percentage points from 30 days ago.
- 18 months CD
- Up 0.05 percentage points from 30 days ago.
At the top advertised rates we observed for Marcus by Goldman Sachs' Marcus Online Savings Account, $10,000 would have grown to about $10,354 over the past year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). So it buys as much as $10,014 did a year ago. The series includes promotional tiers where one applied. See how the federal funds rate shapes savings rates.
- Marcus Online Savings Account APY
- Banksparency savings index
- Consumer price index, year over year
- Fed rate cut
Marcus by Goldman Sachs CD rates over time
Who is Marcus by Goldman Sachs?
| Headquarters | New York, NY |
|---|---|
| Scale | $758.8B assets · $498.8B deposits, $498.6B of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 33124 |
| BBB rating | A+ · BBB Accredited |
| Charter state | New York · the charter, Goldman Sachs Bank USA, is one of 107 insured banks chartered there (Q2 2026, FDIC) |
Financial detail is in What Marcus by Goldman Sachs pays on deposits above.
Common questions about Marcus by Goldman Sachs
Is Marcus by Goldman Sachs FDIC insured?
Yes. Marcus by Goldman Sachs is FDIC insured under certificate 33124, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Marcus by Goldman Sachs?
Marcus by Goldman Sachs requires no minimum deposit to open its Marcus Online Savings Account, as observed on Oct 17, 2026. Check the bank's current terms before you open an account.
Does Marcus by Goldman Sachs have branches?
Yes. Marcus by Goldman Sachs operates 5 branches according to FDIC branch records, in addition to its website and mobile apps.
Marcus by Goldman Sachs against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Marcus by Goldman Sachs | 3.50% | 3.60% | $0 | None for this account (online only) |
| All Capital Bank | 3.50% | 2.92% | $1,000 | 2 branches in OK |
| Buckeye State Bank | 3.50% | 2.57% | $50 | 6 branches in OH |
| Institution for Savings in Newburyport and Its Vicinity | 3.50% | 2.11% | $100,000 | 13 branches in MA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Marcus by Goldman Sachs's.
Compare Marcus by Goldman Sachs with another bank
Each link opens a full comparison page, with the two banks side by side and their current savings rates.
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Following the Fed hike on September 16, 2026, American Express moved its rates after 7 days, while Marcus by Goldman Sachs reacted in just 2 days.
Marcus by Goldman Sachs vs American Express- Marcus by Goldman Sachs vs Capital One
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Compare Marcus by Goldman Sachs with another bank as a whole
These pages compare more than savings: checking, branches, the other products each bank offers, and their apps.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in New York, nearest to Goldman Sachs Bank USA in deposits:
Rate hubs: today's highest savings rates, and CD rates by term.