Chime vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison
Last Updated: July 15, 2025
Summary of Chime vs. Marcus by Goldman Sachs
As of July 15, 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 a higher App Store rating of 4.8 compared to Marcus's 4.8 but a better Google Play rating of 4.7 versus 4.1.
- Chime has no maintenance fees and a low minimum balance requirement of $0.01.
Potential Drawbacks
- Chime requires a qualifying direct deposit of $200 to earn the stated APY.
- Chime has a lower BBB rating of B- compared to Marcus's A+.
- To open a Chime Savings Account, a checking account must be opened first.
Marcus by Goldman Sachs
Strengths
- Marcus has no direct deposit requirement, making it easier to access the APY.
- Marcus has a strong BBB rating of A+, indicating higher trustworthiness.
- Marcus offers a straightforward account setup with no minimum balance requirements.
Potential Drawbacks
- Marcus's APY of 3.65% is lower than Chime's 3.75%.
- Marcus has a lower Google Play rating of 4.1 compared to Chime's 4.7.
- Marcus does not have a tiered APY structure, limiting potential earnings.
Summary: Chime offers a higher APY of 3.75% but requires a direct deposit to access it, while Marcus provides a lower APY of 3.65% without such a requirement. Chime has a better Google Play rating, but Marcus has a superior BBB rating of A+. Both banks have no maintenance fees and low minimum balance requirements, but Chime necessitates opening a checking account first.
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 7/15/2025) | 3.65% (as of 7/16/2025) | |
| 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%. | N/A | |
| Visit Bank | Chime Savings Account | Marcus Online Savings Account | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.7/5 | 4.1/5 | |
| BBB Rating | B- | A+ |
Comparative Historical APY Insights (Last 5 Months)
| Chime | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Chime Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 3.75 % | 3.65 % | |
| Trend | Rising | Falling | |
| Slope (bps/mo) | 43.2 | -5.8 | |
| Rate Changes / Mo | 0.18 | 0.36 | |
| Days Since Last Change | 107 | 49 | |
| High (-5 m) | 3.75 % | 3.90 % | |
| Low (-5 m) | 2.00 % | 3.65 % | |
| Draw-down from High | 0.0 % | -6.4 % | |
| Volatility (CV) | 0.268 | 0.026 |
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 167 days.
- Low (-5 m)
- Lowest APY in the last 167 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 DetailsMarcus 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 DetailsAfter 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
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Chime vs Ally Bank | 3.50% | $0 |
| Chime vs American Express | 3.60% | $0 |
| Chime vs Axos Bank | 4.66% | $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 | 5.00% | $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 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 | 3.60% | $0 |
| Marcus by Goldman Sachs vs Axos Bank | 4.66% | $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 | 5.00% | $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 Varo Bank | 5.00% | $0 |
| Marcus by Goldman Sachs vs Wells Fargo | 2.51% | $25 |