American Express vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison

Last Updated: July 15, 2025

Summary of American Express vs. Marcus by Goldman Sachs

As of July 15, 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 lower at 3.8.
  • No branch locations available.

Marcus by Goldman Sachs

Strengths

  • Marcus by Goldman Sachs has a strong A+ BBB rating.
  • Google Play rating is higher at 4.1.
  • Also offers no maintenance fees or minimum balance requirements.

Potential Drawbacks

  • Marcus by Goldman Sachs has a slightly lower APY of 3.65%.
  • App Store rating is lower at 4.8.
  • No branch locations available.
Summary: American Express offers a higher APY of 3.60% compared to Marcus by Goldman Sachs' 3.65%. However, Marcus has a superior A+ BBB rating, while American Express holds an F rating. Both banks have no maintenance fees and no minimum balance requirements, but American Express has a higher App Store rating, whereas Marcus has a better Google Play rating.

Compare American Express' vs Marcus by Goldman Sachs' Savings Accounts

American ExpressMarcus by Goldman Sachs
ProductHigh Yield Savings AccountvsMarcus Online Savings Account
APY
3.60% (as of 7/15/2025)3.65% (as of 7/16/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
Visit BankHigh Yield Savings AccountMarcus Online Savings Account
App Store Rating4.9/54.8/5
Google Play Rating3.8/54.1/5
BBB RatingFA+

Comparative Historical APY Insights (Last 6 Months)

American ExpressMarcus by Goldman Sachs
ProductHigh Yield Savings AccountvsMarcus Online Savings Account
Latest APY3.60 %3.65 %
TrendSidewaysFalling
Slope (bps/mo)-3.9-5.7
Rate Changes / Mo0.360.36
Days Since Last Change6949
High (-6 m)3.80 %3.90 %
Low (-6 m)3.60 %3.65 %
Draw-down from High-5.3 %-6.4 %
Volatility (CV)0.0190.027
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 6 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 (-6 m)
Highest APY in the last 169 days.
Low (-6 m)
Lowest APY in the last 169 days.
Draw-down from High
How far today sits below the 6-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 Details

Marcus 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 Details

After 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
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks