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

Last Updated: June 20, 2025

Summary of Axos Bank vs. Marcus by Goldman Sachs

As of June 20, 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 0.61% APY for the High Yield Savings account.

Axos Bank

Strengths

  • Axos Bank offers a higher APY of 4.66% in the Axos ONE account.
  • Axos Bank has an A+ BBB rating and is BBB Accredited.
  • Axos Bank has a higher App Store rating of 4.7.

Potential Drawbacks

  • Axos Bank requires a minimum average daily balance of $1,500 in ONE Checking for the highest APY.
  • Axos Bank's High Yield Savings account has a lower APY of 0.61%.
  • Axos Bank has no physical branches.

Marcus by Goldman Sachs

Strengths

  • Marcus by Goldman Sachs has a no minimum balance requirement for their savings account.
  • Marcus by Goldman Sachs offers a straightforward savings account with no direct deposit requirement.
  • Marcus by Goldman Sachs has a competitive App Store rating of 4.8.

Potential Drawbacks

  • Marcus by Goldman Sachs has a lower APY of 3.65%, down from 3.75% last month.
  • Marcus by Goldman Sachs has no physical branches.
  • Marcus by Goldman Sachs does not offer a higher APY account option.
Summary: Axos Bank provides a higher APY of 4.66% with the Axos ONE account, but requires a $1,500 balance. In contrast, Marcus by Goldman Sachs offers a lower APY of 3.65% with no balance requirements. Both banks have A+ BBB ratings, but Axos Bank has a slight edge in App Store ratings. Neither bank has physical branches.

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

Axos BankMarcus by Goldman Sachs
ProductAxos ONEHigh Yield SavingsvsMarcus Online Savings Account
APY
4.66% (as of 6/20/2025)0.61% (as of 6/20/2025)3.65% (as of 6/20/2025)
Bundled Account
YesNoNo
FDIC-insured
YesYesYes
Online OnlyYesYesYes
Compound Frequency
DailyDailyDaily
Minimum Deposit$0$0$0
Minimum Balance for APY$0$0$0
Maintenance Fee$0$0$0
Direct Deposit Required
Yes. Min. $1,500/month to ONE Checking.NoNo
NoteThis APY is only available in the Axos ONE savings and checking bundle. Must maintain $1,500 on avg. daily balance in ONE Checking for APY.N/AN/A
Visit BankAxos ONEHigh Yield SavingsMarcus Online Savings Account
App Store Rating4.7/54.8/5
Google Play Rating4.4/54.2/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 5 Months)

Axos BankMarcus by Goldman Sachs
ProductHigh Yield SavingsAxos ONEvsMarcus Online Savings Account
Latest APY0.61 %4.66 %3.65 %
TrendSidewaysFallingFalling
Slope (bps/mo)0.0-6.1-6.3
Rate Changes / Mo0.000.210.42
Days Since Last Change1438124
High (-5 m)0.61 %4.86 %3.90 %
Low (-5 m)0.61 %4.66 %3.65 %
Draw-down from High0.0 %-4.1 %-6.4 %
Volatility (CV)0.0000.0210.025
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 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