Marcus by Goldman Sachs vs. Peak Bank
Comparing Marcus by Goldman Sachs and Peak Bank for high-yield savings: Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.65% APY while Peak Bank's Envision High Yield Savings pays 4.02% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Peak Bank pays $37 more than Marcus by Goldman Sachs annually ($402 vs $365).
Choose Peak Bank if getting the best rate matters most.
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Mar 7, 2026 | Peak BankEnvision High Yield Savings Mar 7, 2026 |
|---|---|---|
| APY | 3.65% | 4.02% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$201 $10,000+$402 $25,000+$1,005 |
Min Deposit | $0 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Marcus by Goldman Sachs vs. Peak Bank
Executive Summary
Peak Bank offers a competitive Envision High Yield Savings account with an APY of 4.02%, making it the higher-yield option compared to Marcus by Goldman Sachs, which provides a Marcus Online Savings Account with an APY of 3.65%. Both accounts are online-only and have no maintenance fees; however, Peak Bank requires a minimum deposit of $100, while Marcus has no minimum deposit requirement. Notably, Peak Bank's account is praised for its simplicity, with no direct deposit requirement or caps on earnings, making it an attractive choice for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Marcus by Goldman Sachs?
- ✓Higher rated Android app (4.9 vs 4.5)
Why Peak Bank?
- ✓Higher potential APY (4.02% vs 3.65%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Peak BankPeak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $402 vs $365/yr).
Better Returns at $25,000
Peak BankPeak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $1005 vs $912/yr).
Best for Simplicity
Peak BankPeak Bank's Envision High Yield Savings offers 4.02% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Peak Bank's Envision High Yield Savings pays $37 more interest on a $10,000 balance than Marcus by Goldman Sachs's Marcus Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Marcus by Goldman Sachs vs. Peak Bank Savings Calculator
You earn $37 more with Peak Bank than Marcus by Goldman Sachs on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Marcus by Goldman Sachs
Marcus Online Savings Account
Savings Breakdown
- Interest Earned+$365.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,365.00
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$402.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,402.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $364 per year in interest.
Both Marcus by Goldman Sachs and Peak Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Marcus by Goldman Sachs | Peak Bank |
|---|---|---|
| APY | 3.65% Verified: 3/7/2026 Stable (90d) | 4.02% Verified: 3/7/2026 ↘︎ 0.18%90d Change |
| Product Name | Marcus Online Savings Account | Envision High Yield Savings |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | N/A |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site | Visit SiteVerify at Peak Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Marcus by Goldman Sachs | Peak Bank |
|---|---|---|
| Marcus Online Savings Account | Envision High Yield Savings | |
Current APY | 3.65% | 4.02% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.1 | -5.0 |
Days Since Change | 283 | 34 |
12-Month High | 3.90% | 4.54% |
12-Month Low | 3.65% | 3.99% |
Adjustments / Mo | 0.16 | 0.58 |
Volatility Score | 0.016 | 0.043 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks
Compare Peak Bank's APY of 4.02% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Peak Bank vs Ally Bank | 3.20% | $0 |
| Peak Bank vs American Express | 3.30% | $0 |
| Peak Bank vs Axos Bank | 4.21% | $0 |
| Peak Bank vs Bank of America | 0.01% | $100 |
| Peak Bank vs Barclays | 3.85% | $0 |
| Peak Bank vs Capital One | 3.30% | $0 |
| Peak Bank vs Chase Bank | 0.01% | $0 |
| Peak Bank vs Chime | 3.00% | $0 |
| Peak Bank vs CIT Bank | 3.75% | $100 |
| Peak Bank vs Citibank | 3.20% | $0 |
| Peak Bank vs Discover Bank | 3.30% | $0 |
| Peak Bank vs EverBank | 3.90% | $0 |
| Peak Bank vs Newtek Bank | 4.20% | $0.01 |
| Peak Bank vs Openbank | 4.09% | $500 |
| Peak Bank vs Pibank | 4.60% | $0 |
| Peak Bank vs SoFi Bank | 4.00% | $0 |
| Peak Bank vs Synchrony Bank | 3.50% | $0 |
| Peak Bank vs Varo Bank | 5.00% | $0 |
| Peak Bank vs Wealthfront | 4.20% | $0 |
| Peak Bank vs Wells Fargo | 0.05% | $25 |