American Express vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison
Last Updated: June 20, 2025
Summary of American Express vs. Marcus by Goldman Sachs
As of June 20, 2025 American Express offers an APY of 3.60% for its High Yield Savings Account account, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account account.
Marcus by Goldman Sachs yields $5 more than American Express on a $10,000 balance after one year. American Express pays $360, while Marcus by Goldman Sachs pays $365 - an APY advantage for Marcus by Goldman Sachs.
American Express
Strengths
- American Express offers a competitive APY of 3.60%.
- No maintenance fees or minimum balance requirements.
- High App Store rating of 4.9.
Potential Drawbacks
- American Express has an F BBB rating and is not accredited.
- Google Play rating is only 3.8.
- No branches available.
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs has a solid APY of 3.65%.
- A+ BBB rating indicates strong trustworthiness.
- Google Play rating is higher at 4.2.
Potential Drawbacks
- APY decreased from 3.75% in the last 30 days.
- Marcus also has no branches.
- App Store rating is slightly lower at 4.8.
Summary: American Express offers a slightly lower APY of 3.60% compared to Marcus by Goldman Sachs' 3.65%. However, Marcus has a superior A+ BBB rating and a better Google Play rating. Both banks have no branches and no maintenance fees, but American Express has a higher App Store rating. Marcus's APY has decreased recently, while American Express's has remained stable.
Compare American Express' vs Marcus by Goldman Sachs' Savings Accounts
| American Express | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Marcus Online Savings Account |
| APY | 3.60% (as of 6/20/2025) | 3.65% (as of 6/20/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Visit Bank | High Yield Savings Account | Marcus Online Savings Account | |
| App Store Rating | 4.9/5 | 4.8/5 | |
| Google Play Rating | 3.8/5 | 4.2/5 | |
| BBB Rating | F | A+ |
Comparative Historical APY Insights (Last 5 Months)
| American Express | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 3.60 % | 3.65 % | |
| Trend | Sideways | Falling | |
| Slope (bps/mo) | -4.3 | -6.3 | |
| Rate Changes / Mo | 0.42 | 0.42 | |
| Days Since Last Change | 44 | 24 | |
| High (-5 m) | 3.80 % | 3.90 % | |
| Low (-5 m) | 3.60 % | 3.65 % | |
| Draw-down from High | -5.3 % | -6.4 % | |
| Volatility (CV) | 0.018 | 0.025 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 5 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-5 m)
- Highest APY in the last 144 days.
- Low (-5 m)
- Lowest APY in the last 144 days.
- Draw-down from High
- How far today sits below the 5-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for American Express vs Marcus by Goldman Sachs
All calculations are based on APY.
American Express
APY: 3.60%
Total savings breakdown:
- Interest earned: $36 (3.47%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.53%)
Your total balance
$1,036.00
Effective APY: 3.60% (based on your deposit and contributions)
Total balance: $1,036
Earnings: $36
Bank DetailsMarcus by Goldman Sachs
APY: 3.65%
Total savings breakdown:
- Interest earned: $36.5 (3.52%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.48%)
Your total balance
$1,036.50
Effective APY: 3.65% (based on your deposit and contributions)
Total balance: $1,036.5
Earnings: $36.5
Bank DetailsAfter 1 year American Express would earn you $0.5 less than Marcus by Goldman Sachs.
More Comparisons
Compare American Express' APY of 3.60% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| American Express vs Ally Bank | 3.50% | $0 |
| American Express vs Axos Bank | 4.66% | $0 |
| American Express vs Bank of America | 0.01% | $100 |
| American Express vs Barclays | 4.10% | $0 |
| American Express vs Capital One | 3.60% | $0 |
| American Express vs Chase Bank | 0.01% | $0 |
| American Express vs Chime | 3.75% | $0 |
| American Express vs CIT Bank | 4.00% | $100 |
| American Express vs Discover Bank | 3.60% | $0 |
| American Express vs Fitness Bank | 5.00% | $100 |
| American Express vs SoFi Bank | 3.80% | $0 |
| American Express vs Synchrony Bank | 3.80% | $0 |
| American Express vs Varo Bank | 5.00% | $0 |
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Marcus by Goldman Sachs vs Ally Bank | 3.50% | $0 |
| Marcus by Goldman Sachs vs Axos Bank | 4.66% | $0 |
| Marcus by Goldman Sachs vs Bank of America | 0.01% | $100 |
| Marcus by Goldman Sachs vs Barclays | 4.10% | $0 |
| Marcus by Goldman Sachs vs Capital One | 3.60% | $0 |
| Marcus by Goldman Sachs vs Chase Bank | 0.01% | $0 |
| Marcus by Goldman Sachs vs Chime | 3.75% | $0 |
| Marcus by Goldman Sachs vs CIT Bank | 4.00% | $100 |
| Marcus by Goldman Sachs vs Discover Bank | 3.60% | $0 |
| Marcus by Goldman Sachs vs Fitness Bank | 5.00% | $100 |
| Marcus by Goldman Sachs vs SoFi Bank | 3.80% | $0 |
| Marcus by Goldman Sachs vs Synchrony Bank | 3.80% | $0 |
| Marcus by Goldman Sachs vs Varo Bank | 5.00% | $0 |