Chime vs. Marcus By Goldman Sachs
High-Yield Savings Account Comparison
Last Updated: October 14, 2025
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Summary of Chime vs. Marcus by Goldman Sachs
Key Metrics at a Glance
| Feature | Chime | Marcus by Goldman Sachs |
|---|---|---|
| Top Savings APY | 3.75% Chime Savings Account | 3.65% Marcus Online Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for APY | $0.01 | $0 |
Chime
Strengths
- Chime offers a higher APY of 3.75% compared to Marcus's 3.65%.
- Chime has an App Store rating of 4.8, matching Marcus's rating.
- Chime has no maintenance fees or minimum balance requirements.
Potential Drawbacks
- Chime requires a qualifying direct deposit of $200 to earn the higher APY.
- Chime's Google Play rating is lower at 4.7 compared to Marcus's 4.1.
- Chime is a financial technology company, not a bank.
Marcus by Goldman Sachs
Strengths
- Marcus has an A+ BBB rating, higher than Chime's A-.
- Marcus does not require direct deposit to earn its APY.
- Marcus has no maintenance fees or minimum balance requirements.
Potential Drawbacks
- Marcus's APY of 3.65% is lower than Chime's 3.75%.
- Marcus's Google Play rating is lower at 4.1 compared to Chime's 4.7.
- Marcus does not offer a higher APY based on direct deposit.
Summary: Chime offers a slightly higher APY of 3.75% but requires a direct deposit, while Marcus provides a stable 3.65% APY without such conditions. Marcus has a superior A+ BBB rating, while Chime's rating is A-. Both banks have no maintenance fees or minimum balance requirements, but Chime is a fintech company, unlike Marcus, which is backed by Goldman Sachs.
→ As of October 14, 2025 Chime offers an APY of 3.75% for its Chime Savings Account, with a minimum balance of $0.01, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account, with a minimum balance of $0.
→ 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.
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.
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 10/14/2025) | 3.65% (as of 10/14/2025) | |
| 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 8 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) | 21.8 | -3.5 | |
| Rate Changes / Mo | 0.12 | 0.23 | |
| Days Since Last Change | 197 | 140 | |
| High (-8 m) | 3.75 % | 3.90 % | |
| Low (-8 m) | 2.00 % | 3.65 % | |
| Draw-down from High | 0.0 % | -6.4 % | |
| Volatility (CV) | 0.222 | 0.026 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 258 days.
- Low (-8 m)
- Lowest APY in the last 258 days.
- Draw-down from High
- How far today sits below the 8-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.
More Comparisons
Compare Chime's APY of 3.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Chime vs Ally Bank | 3.40% | $0 |
| Chime vs American Express | 3.50% | $0 |
| Chime vs Axos Bank | 4.51% | $0 |
| Chime vs Bank of America | 0.01% | $100 |
| Chime vs Barclays | 4.10% | $0 |
| Chime vs BrioDirect | 4.20% | $5,000 |
| Chime vs Capital One | 3.40% | $0 |
| Chime vs Chase Bank | 0.01% | $0 |
| Chime vs CIT Bank | 3.85% | $100 |
| Chime vs Discover Bank | 3.40% | $0 |
| Chime vs Elevault | 4.34% | $0 |
| Chime vs EverBank | 4.05% | $0 |
| Chime vs Fitness Bank | 4.75% | $100 |
| Chime vs FVCbank | 4.10% | $500 |
| Chime vs GO2bank | 4.50% | $0 |
| Chime vs Neighbors Bank | 4.50% | $0 |
| Chime vs Newtek Bank | 4.35% | $0 |
| Chime vs Peak Bank | 4.20% | $100 |
| Chime vs Pibank | 4.60% | $0 |
| Chime vs Presidential Bank | 4.50% | $5,000 |
| Chime vs Santander Bank | 0.01% | $25 |
| Chime vs SoFi Bank | 4.50% | $0 |
| Chime vs Synchrony Bank | 3.80% | $0 |
| Chime vs TIMBR | 4.40% | $1,000 |
| Chime vs UFB Direct | 3.96% | $5000 |
| Chime vs Varo Bank | 5.00% | $0 |
| Chime vs Wells Fargo | 0.05% | $25 |
| Chime vs Zynlo Bank | 4.20% | $10 |