Chime vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison

Last Updated: June 20, 2025

Summary of Chime vs. Marcus by Goldman Sachs

As of June 20, 2025 Chime offers an APY of 3.75% for its Chime Savings Account account, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account account.

Chime yields $10 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Chime pays $375, while Marcus by Goldman Sachs pays $365 - an APY advantage for Chime.

Chime

Strengths

  • Chime offers a higher APY of 3.75% compared to Marcus's 3.65%.
  • Chime has no maintenance fees associated with its savings account.
  • Chime has a higher BBB rating of B- compared to Marcus's A+.

Potential Drawbacks

  • Chime requires a direct deposit of $200 to qualify for the highest APY.
  • Chime's App Store rating is equal to Marcus's but its Google Play rating is lower at 4.7.
  • Chime's APY decreased from 3.75% 30 days ago, while Marcus's decreased from 3.75%.

Marcus by Goldman Sachs

Strengths

  • Marcus does not require a direct deposit to earn its APY.
  • Marcus has a superior BBB rating of A+ compared to Chime's B-.
  • Marcus's APY remains competitive at 3.65%.

Potential Drawbacks

  • Marcus's APY of 3.65% is lower than Chime's 3.75%.
  • Marcus has a lower Google Play rating of 4.2 compared to Chime's 4.7.
  • Marcus has no increase in APY, remaining at 3.65% over the past 30 days.
Summary: Chime offers a higher APY of 3.75% but requires a $200 direct deposit to qualify, while Marcus provides a slightly lower APY of 3.65% without any direct deposit requirement. Additionally, Marcus has a better BBB rating of A+ compared to Chime's B-. Both banks have no maintenance fees, but Chime has a higher App Store rating while Marcus's Google Play rating is lower.

Compare Chime's vs Marcus by Goldman Sachs' Savings Accounts

ChimeMarcus by Goldman Sachs
ProductChime Savings AccountvsMarcus Online Savings Account
APY
1.25% - 3.75% (as of 6/20/2025)3.65% (as of 6/20/2025)
Bundled Account
YesNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0.01$0
Maintenance Fee$0$0
Direct Deposit Required
Yes. You need to receive a qualifying direct deposit of $200 or more within the preceding 34 daysNo
NoteChime® is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. To open a savings account you must first open a checking account. To qualify for Chime+ with the 3.75% APY, you must have a Chime Checking account and receive a direct deposit of at least $200. Otherwise, the APY is 1.25%.N/A
Visit BankChime Savings AccountMarcus Online Savings Account
App Store Rating4.8/54.8/5
Google Play Rating4.7/54.2/5
BBB RatingB-A+

Comparative Historical APY Insights (Last 5 Months)

ChimeMarcus by Goldman Sachs
ProductChime Savings AccountvsMarcus Online Savings Account
Latest APY3.75 %3.65 %
TrendRisingFalling
Slope (bps/mo)53.3-6.3
Rate Changes / Mo0.210.42
Days Since Last Change8325
High (-5 m)3.75 %3.90 %
Low (-5 m)2.00 %3.65 %
Draw-down from High0.0 %-6.4 %
Volatility (CV)0.2870.025
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 143 days.
Low (-5 m)
Lowest APY in the last 143 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 Chime vs Marcus by Goldman Sachs

All calculations are based on APY.

Chime

APY: 3.75%

Total savings breakdown:

  • Interest earned: $37.5 (3.61%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.39%)

Your total balance

$1,037.50

Effective APY: 3.75% (based on your deposit and contributions)

Total balance: $1,037.5

Earnings: $37.5

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 Chime would earn you $1 more than Marcus by Goldman Sachs.

More Comparisons

Compare Chime's APY of 3.75% with other banks
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks