Chime vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison
Last Updated: August 29, 2025
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Summary of Chime vs. Marcus by Goldman Sachs
As of August 29, 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 an excellent App Store rating of 4.8.
- Chime's BBB rating is A-.
Potential Drawbacks
- Chime requires a direct deposit of $200 to qualify for the 3.75% APY.
- Chime's Google Play rating is lower at 4.7 compared to Marcus.
- Chime's lower APY is 1.25% if the direct deposit requirement is not met.
Marcus by Goldman Sachs
Strengths
- Marcus has no direct deposit requirement for its 3.65% APY.
- Marcus has a superior BBB rating of A+.
- Marcus's Google Play rating is 4.1.
Potential Drawbacks
- Marcus's APY of 3.65% is lower than Chime's 3.75%.
- Marcus's App Store rating matches Chime's at 4.8, but Google Play is lower.
- Marcus does not offer a lower APY option.
Summary: Chime offers a higher APY of 3.75% but requires a $200 direct deposit, while Marcus provides a 3.65% APY without such a requirement. Chime has an A- BBB rating and a higher App Store rating, whereas Marcus boasts an A+ BBB rating. Both banks have strong App Store ratings, but Marcus's Google Play rating is lower than Chime's.
Compare Chime's vs Marcus by Goldman Sachs' Savings Accounts
| Chime | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Chime Savings Account | vs | Marcus Online Savings Account |
| APY | 1.25% - 3.75% (as of 8/29/2025) | 3.65% (as of 8/29/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| 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 days | No | |
| Note | Chime® 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%. | ||
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.7/5 | 4.1/5 | |
| BBB Rating | A- | A+ |
Comparative Historical APY Insights (Last 7 Months)
| Chime | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Chime Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 3.75 % | 3.65 % | |
| Trend | Rising | Sideways | |
| Slope (bps/mo) | 29.4 | -4.5 | |
| Rate Changes / Mo | 0.14 | 0.28 | |
| Days Since Last Change | 152 | 94 | |
| High (-7 m) | 3.75 % | 3.90 % | |
| Low (-7 m) | 2.00 % | 3.65 % | |
| Draw-down from High | 0.0 % | -6.4 % | |
| Volatility (CV) | 0.241 | 0.027 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 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 (-7 m)
- Highest APY in the last 213 days.
- Low (-7 m)
- Lowest APY in the last 213 days.
- Draw-down from High
- How far today sits below the 7-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: $2,273.8 (11.22%)
- Total contributions: $13,000 (64.12%)
- Initial deposit: $5,000 (24.66%)
Your total balance
$20,273.80
Effective APY: 3.75% (based on your deposit and contributions)
Total balance: $20,273.8
Earnings: $2,273.8
Bank OverviewMarcus by Goldman Sachs
APY: 3.65%
Total savings breakdown:
- Interest earned: $2,209.7 (10.93%)
- Total contributions: $13,000 (64.33%)
- Initial deposit: $5,000 (24.74%)
Your total balance
$20,209.70
Effective APY: 3.65% (based on your deposit and contributions)
Total balance: $20,209.7
Earnings: $2,209.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Chime's total earnings would be $64.1 higher than Marcus by Goldman Sachs's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Chime's APY of 3.75% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Chime vs Ally Bank | 3.50% | $0 |
| Chime vs American Express | 3.50% | $0 |
| Chime vs Axos Bank | 4.46% | $0 |
| Chime vs Bank of America | 0.01% | $100 |
| Chime vs Barclays | 4.10% | $0 |
| Chime vs Capital One | 3.50% | $0 |
| Chime vs Chase Bank | 0.01% | $0 |
| Chime vs CIT Bank | 4.00% | $100 |
| Chime vs Discover Bank | 3.50% | $0 |
| Chime vs Fitness Bank | 4.85% | $100 |
| Chime vs Presidential Bank | 4.50% | $5,000 |
| Chime vs SoFi Bank | 3.80% | $0 |
| Chime vs Synchrony Bank | 3.80% | $0 |
| Chime vs UFB Direct | 4.21% | $5000 |
| Chime vs Varo Bank | 5.00% | $0 |
| Chime vs Wells Fargo | 2.51% | $25 |
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 American Express | 3.50% | $0 |
| Marcus by Goldman Sachs vs Axos Bank | 4.46% | $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 | 3.50% | $0 |
| Marcus by Goldman Sachs vs Chase Bank | 0.01% | $0 |
| Marcus by Goldman Sachs vs CIT Bank | 4.00% | $100 |
| Marcus by Goldman Sachs vs Discover Bank | 3.50% | $0 |
| Marcus by Goldman Sachs vs Fitness Bank | 4.85% | $100 |
| Marcus by Goldman Sachs vs Presidential Bank | 4.50% | $5,000 |
| 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 UFB Direct | 4.21% | $5000 |
| Marcus by Goldman Sachs vs Varo Bank | 5.00% | $0 |
| Marcus by Goldman Sachs vs Wells Fargo | 2.51% | $25 |