Elevault vs Marcus By Goldman Sachs
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of Elevault vs. Marcus by Goldman Sachs
As of September 5, 2025 Elevault offers an APY of 4.60% for its High Yield Savings Account, with a minimum balance of $0, compared to Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account, with a minimum balance of $0.
Elevault yields $95 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Elevault pays $460, while Marcus by Goldman Sachs pays $365 - an APY advantage for Elevault.
Elevault
Strengths
- Elevault offers a higher APY of 4.60% compared to Marcus's 3.65%.
- Elevault has no maintenance fees or minimum balance requirements.
- Elevault's App Store rating is 3.9, which is competitive.
Potential Drawbacks
- Elevault is not BBB accredited despite an A+ rating.
- Elevault's Google Play rating is lower at 4.0 compared to Marcus's 4.1.
- Elevault's APY has not changed in the last 30 days.
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs has a higher Google Play rating of 4.1.
- Marcus also has no maintenance fees or minimum balance requirements.
- Marcus's App Store rating is high at 4.8.
Potential Drawbacks
- Marcus offers a lower APY of 3.65% compared to Elevault's 4.60%.
- Marcus has not changed its APY in the last 30 days.
- Marcus is not as competitive in APY as Elevault.
Summary: Elevault's High Yield Savings Account offers a significantly higher APY of 4.60%, while Marcus by Goldman Sachs provides a lower APY of 3.65%. Both banks have no maintenance fees and minimum balance requirements. However, Marcus boasts a better App Store rating of 4.8 compared to Elevault's 3.9. Both banks are rated A+ by the BBB, but Elevault is not accredited, while Marcus is.
Compare Elevault's vs Marcus by Goldman Sachs' Savings Accounts
| Elevault | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Marcus Online Savings Account |
| APY | 4.60% (as of 9/5/2025) | 3.65% (as of 9/5/2025) | |
| 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 | |
| Note | The 4.60% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | ||
| App Store Rating | 3.9/5 | 4.8/5 | |
| Google Play Rating | 4.0/5 | 4.1/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 1 Month)
| Elevault | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 4.60 % | 3.65 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | |
| Days Since Last Change | 29 | 29 | |
| High (-1 m) | 4.60 % | 3.65 % | |
| Low (-1 m) | 4.60 % | 3.65 % | |
| Draw-down from High | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 1 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 (-1 m)
- Highest APY in the last 30 days.
- Low (-1 m)
- Lowest APY in the last 30 days.
- Draw-down from High
- How far today sits below the 1-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 Elevault vs Marcus by Goldman Sachs
All calculations are based on APY.
Elevault
APY: 4.60%
Total savings breakdown:
- Interest earned: $2,825.8 (13.57%)
- Total contributions: $13,000 (62.42%)
- Initial deposit: $5,000 (24.01%)
Your total balance
$20,825.80
Effective APY: 4.60% (based on your deposit and contributions)
Total balance: $20,825.8
Earnings: $2,825.8
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, Elevault's total earnings would be $616.1 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.
More Comparisons
Compare Elevault's APY of 4.60% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Elevault vs Ally Bank | 3.50% | $0 |
| Elevault vs American Express | 3.50% | $0 |
| Elevault vs Axos Bank | 4.46% | $0 |
| Elevault vs Bank of America | 0.01% | $100 |
| Elevault vs Barclays | 4.10% | $0 |
| Elevault vs BrioDirect | 4.30% | $5,000 |
| Elevault vs Capital One | 3.50% | $0 |
| Elevault vs Chase Bank | 0.01% | $0 |
| Elevault vs Chime | 3.75% | $0 |
| Elevault vs CIT Bank | 4.00% | $100 |
| Elevault vs Discover Bank | 3.50% | $0 |
| Elevault vs EverBank | 4.30% | $0 |
| Elevault vs Fitness Bank | 4.75% | $100 |
| Elevault vs FVCbank | 4.35% | $500 |
| Elevault vs GO2bank | 4.50% | $0 |
| Elevault vs Neighbors Bank | 4.60% | $0 |
| Elevault vs Newtek Bank | 4.35% | $0 |
| Elevault vs Peak Bank | 4.35% | $100 |
| Elevault vs Pibank | 4.60% | $0 |
| Elevault vs Presidential Bank | 4.50% | $5,000 |
| Elevault vs Santander Bank | 0.03% | $25 |
| Elevault vs SoFi Bank | 3.80% | $0 |
| Elevault vs Synchrony Bank | 3.80% | $0 |
| Elevault vs TIMBR | 4.40% | $1,000 |
| Elevault vs UFB Direct | 4.21% | $5000 |
| Elevault vs Varo Bank | 5.00% | $0 |
| Elevault vs Wells Fargo | 2.51% | $25 |
| Elevault vs Zynlo Bank | 4.35% | $10 |