Axos Bank vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison

Last Updated: July 16, 2025

Summary of Axos Bank vs. Marcus by Goldman Sachs

As of July 16, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account account.

Axos Bank yields $101 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Axos Bank pays $466, while Marcus by Goldman Sachs pays $365 - an APY advantage for Axos Bank.

In addition, Axos Bank also offers 4.00% APY for the Summit Savings account.

Axos Bank

Strengths

  • Axos Bank offers a higher APY of 4.66% for the Axos ONE account.
  • Axos Bank has a higher App Store rating of 4.7 compared to Marcus's 4.8.
  • Axos Bank has no maintenance fees for all accounts.

Potential Drawbacks

  • Axos Bank requires either direct deposit or high monthly deposits for the highest APY.
  • Axos Bank's Google Play rating is lower at 4.4 compared to Marcus's 4.1.
  • Axos Bank offers fewer account options with lower APYs.

Marcus by Goldman Sachs

Strengths

  • Marcus by Goldman Sachs has a straightforward APY of 3.65% without additional requirements.
  • Marcus has a higher Google Play rating of 4.1 compared to Axos's 4.4.
  • Marcus by Goldman Sachs has no maintenance fees for its accounts.

Potential Drawbacks

  • Marcus offers a lower APY of 3.65% compared to Axos Bank's 4.66%.
  • Marcus's App Store rating is slightly lower at 4.8 compared to Axos's 4.7.
  • Marcus has fewer account options with only one savings account.
Summary: Axos Bank provides a higher APY of 4.66% for its Axos ONE account, but requires direct deposit or high monthly deposits to qualify. In contrast, Marcus by Goldman Sachs offers a simpler APY of 3.65% with no additional requirements. Both banks have no maintenance fees, but Axos has a wider range of account options, while Marcus has slightly better App Store ratings.

Compare Axos Bank's vs Marcus by Goldman Sachs' Savings Accounts

Axos BankMarcus by Goldman Sachs
ProductAxos ONESummit SavingsHigh Yield SavingsvsMarcus Online Savings Account
APY
4.66% (as of 7/16/2025)4.00% (as of 7/16/2025)0.61% (as of 7/16/2025)3.65% (as of 7/16/2025)
Bundled Account
YesNoNoNo
FDIC-insured
YesYesYesYes
Online OnlyYesYesYesYes
Compound Frequency
DailyDailyDailyDaily
Minimum Deposit$0$0$0$0
Minimum Balance for APY$0$0$0$0
Maintenance Fee$0$0$0$0
Direct Deposit Required
No. Not required, but is the easiest way to earn the highest APY.NoNoNo
NoteThis APY is only available with the Axos ONE savings and checking bundle. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.N/AN/AN/A
Visit BankAxos ONESummit SavingsHigh Yield SavingsMarcus Online Savings Account
App Store Rating4.7/54.8/5
Google Play Rating4.4/54.1/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 6 Months)

Axos BankMarcus by Goldman Sachs
ProductHigh Yield SavingsSummit SavingsAxos ONEvsMarcus Online Savings Account
Latest APY0.61 %4.00 %4.66 %3.65 %
TrendSidewaysSidewaysSidewaysFalling
Slope (bps/mo)0.00.0-4.9-5.7
Rate Changes / Mo0.000.000.180.36
Days Since Last Change1691610649
High (-6 m)0.61 %4.00 %4.86 %3.90 %
Low (-6 m)0.61 %4.00 %4.66 %3.65 %
Draw-down from High0.0 %0.0 %-4.1 %-6.4 %
Volatility (CV)0.0000.0000.0200.027
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 Axos Bank vs Marcus by Goldman Sachs

All calculations are based on APY.

Axos Bank

APY: 4.66%

Total savings breakdown:

  • Interest earned: $46.6 (4.45%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (95.55%)

Your total balance

$1,046.60

Effective APY: 4.66% (based on your deposit and contributions)

Total balance: $1,046.6

Earnings: $46.6

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 Axos Bank would earn you $10.1 more than Marcus by Goldman Sachs.

More Comparisons

Compare Axos Bank's APY of 4.66% with other banks
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks