Discover Bank vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison

Last Updated: June 20, 2025

Summary of Discover Bank vs. Marcus by Goldman Sachs

As of June 20, 2025 Discover Bank offers an APY of 3.60% 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 $5 more than Discover Bank on a $10,000 balance after one year. Discover Bank pays $360, while Marcus by Goldman Sachs pays $365 - an APY advantage for Marcus by Goldman Sachs.

Discover Bank

Strengths

  • Discover Bank offers a higher APY of 3.60% compared to Marcus's 3.65%.
  • Discover Bank has a higher App Store rating of 4.9 versus Marcus's 4.8.
  • Discover Bank is BBB Accredited with an A+ rating.

Potential Drawbacks

  • Discover Bank's APY has remained the same at 3.60% over the last 30 days.
  • Discover Bank has no physical branches.

Marcus by Goldman Sachs

Strengths

  • Marcus by Goldman Sachs offers a competitive APY of 3.65%, though it decreased from 3.75% last month.
  • Marcus has a Google Play rating of 4.2, slightly lower than Discover's 4.3.

Potential Drawbacks

  • Marcus does not have BBB Accreditation despite its A+ rating.
  • Marcus by Goldman Sachs has no physical branches.
Summary: Discover Bank offers a slightly higher APY of 3.60% with an A+ BBB Accreditation, while Marcus by Goldman Sachs has a marginally lower APY of 3.65% but has seen a recent decrease. Both banks are online-only with no branches, but Discover has a better App Store rating. Marcus lacks BBB Accreditation, which may be a consideration for some customers.

Compare Discover Bank's vs Marcus by Goldman Sachs' Savings Accounts

Discover BankMarcus by Goldman Sachs
ProductOnline Savings AccountvsMarcus Online Savings Account
APY
3.60% (as of 6/20/2025)3.65% (as of 6/20/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
Visit BankOnline Savings AccountMarcus Online Savings Account
App Store Rating4.9/54.8/5
Google Play Rating4.3/54.2/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 5 Months)

Discover BankMarcus by Goldman Sachs
ProductOnline Savings AccountvsMarcus Online Savings Account
Latest APY3.60 %3.65 %
TrendSidewaysFalling
Slope (bps/mo)-4.2-6.3
Rate Changes / Mo0.420.42
Days Since Last Change6024
High (-5 m)3.75 %3.90 %
Low (-5 m)3.60 %3.65 %
Draw-down from High-4.0 %-6.4 %
Volatility (CV)0.0170.025
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 144 days.
Low (-5 m)
Lowest APY in the last 144 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 Discover Bank vs Marcus by Goldman Sachs

All calculations are based on APY.

Discover Bank

APY: 3.60%

Total savings breakdown:

  • Interest earned: $36 (3.47%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.53%)

Your total balance

$1,036.00

Effective APY: 3.60% (based on your deposit and contributions)

Total balance: $1,036

Earnings: $36

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 Discover Bank would earn you $0.5 less than Marcus by Goldman Sachs.

More Comparisons

Compare Discover Bank's APY of 3.60% with other banks
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks