Marcus by Goldman Sachs: Savings Account & Rates
Mission: Banksparency aims to make Marcus by Goldman Sachs' savings accounts 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 4.25% APY.
Bank Overview
- Ratings & Trust
- Deposit InsuranceFDIC Insured(Cert: 33124)
Our Take on Marcus by Goldman Sachs
Highlights
- High APY of 3.65%
- No minimum deposit required
- No maintenance fees
- User-friendly app with 4.8 rating
Considerations
- Online-only access may not suit everyone
- No direct deposit feature available
- Limited account options compared to other banks
- No branches for in-person service
Top Market Contenders
See how Marcus by Goldman Sachs compares to the highest rates available.
Savings Account: In-Depth View
Savings Account Offered by Marcus by Goldman Sachs
| Feature | Marcus Online Savings Account |
|---|---|
APY | 3.65%Verified: 12/6/2025 |
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 10 Months| Metric | Marcus Online Savings Account |
|---|---|
Latest APY | 3.65% |
Trend | Sideways |
Slope (bps/mo) | -2.5 |
Rate Changes / Mo | 0.19 |
Days Since Last Change | 192 |
High (-10m) | 3.90% |
Low (-10m) | 3.65% |
Draw-down | -6.4% |
Volatility (CV) | 0.025 |
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 312-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: 12/6/2025 | - |
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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