Discover Bank vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison
Last Updated: July 15, 2025
Summary of Discover Bank vs. Marcus by Goldman Sachs
As of July 15, 2025 Discover Bank offers an APY of 3.50% for its Online Savings Account account, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account account.
Marcus by Goldman Sachs yields $15 more than Discover Bank on a $10,000 balance after one year. Discover Bank pays $350, while Marcus by Goldman Sachs pays $365 - an APY advantage for Marcus by Goldman Sachs.
Discover Bank
Strengths
- Discover Bank's Online Savings Account has a competitive APY of 3.50%.
- Discover Bank has an excellent BBB rating of A+ and is BBB Accredited.
- Discover Bank's App Store rating is high at 4.9.
Potential Drawbacks
- Discover Bank's APY decreased from 3.60% in the last 30 days.
- Discover Bank's Google Play rating is lower at 4.3.
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs offers a slightly higher APY of 3.65%.
- Marcus by Goldman Sachs maintains a consistent APY of 3.65% over the last 30 days.
- Marcus by Goldman Sachs has a solid App Store rating of 4.8.
Potential Drawbacks
- Marcus by Goldman Sachs does not have a BBB Accreditation note.
- Marcus by Goldman Sachs has a lower Google Play rating of 4.1.
Summary: Discover Bank offers a lower APY of 3.50%, which recently decreased, while Marcus by Goldman Sachs provides a higher, stable APY of 3.65%. Both banks have an A+ BBB rating, but only Discover is BBB Accredited. Discover has a better App Store rating (4.9) compared to Marcus (4.8), though Marcus leads in Google Play ratings. Overall, Marcus offers slightly better APY stability.
Compare Discover Bank's vs Marcus by Goldman Sachs' Savings Accounts
| Discover Bank | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Online Savings Account | vs | Marcus Online Savings Account |
| APY | 3.50% (as of 7/15/2025) | 3.65% (as of 7/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Visit Bank | Online Savings Account | Marcus Online Savings Account | |
| App Store Rating | 4.9/5 | 4.8/5 | |
| Google Play Rating | 4.3/5 | 4.1/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 6 Months)
| Discover Bank | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Online Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 3.50 % | 3.65 % | |
| Trend | Sideways | Falling | |
| Slope (bps/mo) | -4.6 | -5.7 | |
| Rate Changes / Mo | 0.53 | 0.36 | |
| Days Since Last Change | 20 | 49 | |
| High (-6 m) | 3.75 % | 3.90 % | |
| Low (-6 m) | 3.50 % | 3.65 % | |
| Draw-down from High | -6.7 % | -6.4 % | |
| Volatility (CV) | 0.022 | 0.027 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 169 days.
- Low (-6 m)
- Lowest APY in the last 169 days.
- Draw-down from High
- How far today sits below the 6-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 Discover Bank vs Marcus by Goldman Sachs
All calculations are based on APY.
Discover Bank
APY: 3.50%
Total savings breakdown:
- Interest earned: $35 (3.38%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.62%)
Your total balance
$1,035.00
Effective APY: 3.50% (based on your deposit and contributions)
Total balance: $1,035
Earnings: $35
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 Discover Bank would earn you $1.5 less than Marcus by Goldman Sachs.
More Comparisons
Compare Discover Bank's APY of 3.50% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Discover Bank vs Ally Bank | 3.50% | $0 |
| Discover Bank vs American Express | 3.60% | $0 |
| Discover Bank vs Axos Bank | 4.66% | $0 |
| Discover Bank vs Bank of America | 0.01% | $100 |
| Discover Bank vs Barclays | 4.10% | $0 |
| Discover Bank vs Capital One | 3.50% | $0 |
| Discover Bank vs Chase Bank | 0.01% | $0 |
| Discover Bank vs Chime | 3.75% | $0 |
| Discover Bank vs CIT Bank | 4.00% | $100 |
| Discover Bank vs Fitness Bank | 5.00% | $100 |
| Discover Bank vs Presidential Bank | 4.50% | $5,000 |
| Discover Bank vs SoFi Bank | 3.80% | $0 |
| Discover Bank vs Synchrony Bank | 3.80% | $0 |
| Discover Bank vs Varo Bank | 5.00% | $0 |
| Discover Bank 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 Chime | 3.75% | $0 |
| Marcus by Goldman Sachs vs CIT Bank | 4.00% | $100 |
| 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 |