Lending Club vs. Marcus By Goldman Sachs
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of LendingClub vs. Marcus by Goldman Sachs
Key Metrics at a Glance
| Feature | LendingClub | Marcus by Goldman Sachs |
|---|---|---|
| Top Savings APY | 4.20% LevelUp Savings | 3.65% Marcus Online Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies. |
LendingClub
Strengths
- LendingClub offers a higher APY of 4.20% compared to Marcus's 3.65%.
- LendingClub has no maintenance fees or minimum balance requirements.
- LendingClub has a higher App Store rating of 4.8 versus Marcus's 4.8.
Potential Drawbacks
- LendingClub is not BBB Accredited, while Marcus is.
- LendingClub's APY requires a monthly deposit of $250 to avoid a lower rate.
- LendingClub has a lower Google Play rating of 4.6 compared to Marcus's 4.1.
Marcus by Goldman Sachs
Strengths
- Marcus has a consistent APY of 3.65% with no deposit requirements.
- Marcus is BBB Accredited, indicating compliance with BBB standards.
- Marcus has a lower minimum deposit requirement of $0.
Potential Drawbacks
- Marcus's APY of 3.65% is lower than LendingClub's 4.20%.
- Marcus has a lower Google Play rating of 4.1 compared to LendingClub's 4.6.
- Marcus does not offer a higher APY tier like LendingClub.
→ As of November 16, 2025 LendingClub offers an APY of 4.20% for its LevelUp 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.
→ LendingClub yields $55 more than Marcus by Goldman Sachs on a $10,000 balance after one year. LendingClub pays $420, while Marcus by Goldman Sachs pays $365 - an APY advantage for LendingClub.
Calculate Savings Growth for LendingClub vs Marcus by Goldman Sachs
LendingClub - LevelUp Savings
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewMarcus by Goldman Sachs - Marcus Online Savings Account
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
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, LendingClub's total earnings would be $354.6 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.
Compare LendingClub's vs Marcus by Goldman Sachs' Savings Accounts
| LendingClub | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | LevelUp Savings | vs | Marcus Online Savings Account |
| APY | 3.20% - 4.20% (as of 11/16/2025) | 3.65% (as of 11/16/2025) | |
| 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 | |
| Note | The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies. | ||
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.6/5 | 4.1/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 10 Months)
| LendingClub | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | LevelUp Savings | vs | Marcus Online Savings Account |
| Latest APY | 4.20 % | 3.65 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -3.9 | -2.8 | |
| Rate Changes / Mo | 0.21 | 0.21 | |
| Days Since Last Change | 128 | 172 | |
| High (-10 m) | 4.50 % | 3.90 % | |
| Low (-10 m) | 4.20 % | 3.65 % | |
| Draw-down from High | -6.7 % | -6.4 % | |
| Volatility (CV) | 0.028 | 0.026 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 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 (-10 m)
- Highest APY in the last 292 days.
- Low (-10 m)
- Lowest APY in the last 292 days.
- Draw-down from High
- How far today sits below the 10-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.