Lending Club vs. Marcus By Goldman Sachs
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 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 a higher App Store rating of 4.8 versus Marcus's 4.8, but with a better Google Play rating of 4.5.
- LendingClub has no maintenance fees for its accounts.
Potential Drawbacks
- LendingClub requires a $250 monthly deposit to earn the 4.20% APY.
- LendingClub is not accredited by the BBB, despite having an A+ rating.
- LendingClub has no physical branches.
Marcus by Goldman Sachs
Strengths
- Marcus offers a straightforward APY of 3.65% without deposit requirements.
- Marcus has no maintenance fees for its accounts.
- Marcus has an A+ BBB rating and is accredited.
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 4.5.
- Marcus has no physical branches.
→ As of October 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
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
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 10/16/2025) | 3.65% (as of 10/16/2025) | |
| 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 | 4.5/5 | 4.1/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 9 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) | -4.4 | -3.4 | |
| Rate Changes / Mo | 0.23 | 0.23 | |
| Days Since Last Change | 97 | 141 | |
| High (-9 m) | 4.50 % | 3.90 % | |
| Low (-9 m) | 4.20 % | 3.65 % | |
| Draw-down from High | -6.7 % | -6.4 % | |
| Volatility (CV) | 0.028 | 0.027 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 262 days.
- Low (-9 m)
- Lowest APY in the last 262 days.
- Draw-down from High
- How far today sits below the 9-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.