Discover Bank vs. Marcus by Goldman Sachs
Compare rates, requirements, and features side-by-side to find the best option for you.
Discover Bank
Online Savings Account
3.40%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Discover Bank
Online Savings Account
Marcus by Goldman Sachs
Marcus Online Savings Account
3.65%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Marcus by Goldman Sachs
Marcus Online Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing Discover Bank vs. Marcus by Goldman Sachs
Why Discover Bank?
- ✓Higher rated Android app (4.8 vs 4.2)
Why Marcus by Goldman Sachs?
- ✓Higher potential APY (3.65% vs 3.40%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account earns more on smaller deposits (approx. $365 vs $340/yr).
Better Returns at $25,000
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account pulls ahead with larger amounts (approx. $913 vs $850/yr).
Best for Simplicity
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account offers 3.65% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Marcus by Goldman Sachs's Marcus Online Savings Account pays $25 more interest on a $10,000 balance than Discover Bank's Online Savings Account.
Executive Summary
Marcus by Goldman Sachs offers the superior Marcus Online Savings Account with an APY of 3.65%, compared to Discover Bank's Online Savings Account, which has an APY of 3.40%. Both accounts have no minimum deposit or balance requirements, and neither charges maintenance fees. Both products are online-only and do not require direct deposit. The higher APY from Marcus translates to better returns, especially for larger deposits, making it the more attractive option for savers seeking simplicity and higher earnings.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Discover Bank and Marcus by Goldman Sachs.
| Feature | Discover Bank | Marcus by Goldman Sachs |
|---|---|---|
| APY | 3.40% Verified: 12/6/2025 ↘︎ 0.10%90d Change | 3.65% Verified: 12/6/2025 Stable (90d) |
| Product Name | Online Savings Account | Marcus Online Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.8 Android4.2 |
| BBB Rating | A+ | A+ |
| Next Steps |
Savings Comparison
Marcus by Goldman Sachs earns $159.2 more than Discover Bank.
Discover Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
Marcus by Goldman Sachs
Marcus Online Savings Account
Savings Breakdown
- Interest Earned+$2,209.70(10.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,209.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Discover Bank | Marcus by Goldman Sachs |
|---|---|---|
| Online Savings Account | Marcus Online Savings Account | |
Current APY | 3.40% | 3.65% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.8 | -2.5 |
Days Since Change | 67 | 192 |
10-Month High | 3.75% | 3.90% |
10-Month Low | 3.40% | 3.65% |
Adjustments / Mo | 0.38 | 0.19 |
Volatility Score | 0.034 | 0.025 |
How to read these metrics(Click to expand)
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