Marcus By Goldman Sachs vs Presidential Bank
High-Yield Savings Accounts Comparison
Last Updated: July 16, 2025
Summary of Marcus by Goldman Sachs vs. Presidential Bank
As of July 16, 2025 Marcus by Goldman Sachs offers an APY of 3.65% for its Marcus Online Savings Account account, compared to Presidential Bank's 4.50% APY for its Advantage Savings account.
Presidential Bank yields $85 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Marcus by Goldman Sachs pays $365, while Presidential Bank pays $450 - an APY advantage for Presidential Bank.
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs offers a competitive APY of 3.65%.
- No minimum deposit or balance requirements for the Marcus Online Savings Account.
- Marcus by Goldman Sachs has a high BBB rating of A+.
Potential Drawbacks
- Marcus by Goldman Sachs has no physical branches.
- No direct deposit option available for the Marcus Online Savings Account.
Presidential Bank
Strengths
- Presidential Bank provides a higher APY of 4.50% for the Advantage Savings account.
- Presidential Bank has 10 physical branches across Maryland, Virginia, and Washington D.C.
- Presidential Bank has a Google Play rating of 4.2.
Potential Drawbacks
- Presidential Bank has a lower BBB rating of B- and is not accredited.
- A minimum deposit of $5,000 is required to open the Advantage Savings account.
- Direct deposit of $500 is necessary to earn the higher APY.
Summary: Marcus by Goldman Sachs offers a solid APY of 3.65% with no minimum deposit or direct deposit requirements, but lacks branches. In contrast, Presidential Bank provides a higher APY of 4.50% with a $5,000 minimum deposit and requires direct deposits. However, it has a lower BBB rating of B- and is not accredited. Both banks have strong App Store ratings, but Presidential Bank has a slight edge on Google Play.
Compare Marcus by Goldman Sachs' vs Presidential Bank's Savings Accounts
| Marcus by Goldman Sachs | Presidential Bank | ||
|---|---|---|---|
| Product | Marcus Online Savings Account | vs | Advantage Savings |
| APY | 3.65% (as of 7/16/2025) | 4.00% - 4.50% (as of 7/16/2025) | |
| Bundled Account | No | Yes | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $0 | $5,000 | |
| Minimum Balance for APY | $0 | N/A | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
| Visit Bank | Marcus Online Savings Account | Advantage Savings | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.1/5 | 4.2/5 | |
| BBB Rating | A+ | B- |
Comparative Historical APY Insights (Last 6 Months)
| Marcus by Goldman Sachs | Presidential Bank | ||
|---|---|---|---|
| Product | Marcus Online Savings Account | vs | Advantage Savings |
| Latest APY | 3.65 % | 4.50 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -5.7 | 0.0 | |
| Rate Changes / Mo | 0.36 | 0.00 | |
| Days Since Last Change | 49 | 169 | |
| High (-6 m) | 3.90 % | 4.50 % | |
| Low (-6 m) | 3.65 % | 4.50 % | |
| Draw-down from High | -6.4 % | 0.0 % | |
| Volatility (CV) | 0.027 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 169 days.
- Low (-6 m)
- Lowest APY in the last 169 days.
- Draw-down from High
- How far today sits below the 6-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 Marcus by Goldman Sachs vs Presidential Bank
All calculations are based on APY.
Marcus by Goldman Sachs
APY: 3.65%
Total savings breakdown:
- Interest earned: $36.5 (3.52%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.48%)
Your total balance
$1,036.50
Effective APY: 3.65% (based on your deposit and contributions)
Total balance: $1,036.5
Earnings: $36.5
Bank DetailsPresidential Bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $45 (4.31%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.69%)
Your total balance
$1,045.00
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $1,045
Earnings: $45
Bank DetailsAfter 1 year Marcus by Goldman Sachs would earn you $8.5 less than Presidential Bank.
More Comparisons
Compare Marcus by Goldman Sachs' APY of 3.65% with other banks
Compare Presidential Bank's APY of 4.50% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Presidential Bank vs Ally Bank | 3.50% | $0 |
| Presidential Bank vs American Express | 3.60% | $0 |
| Presidential Bank vs Axos Bank | 4.66% | $0 |
| Presidential Bank vs Bank of America | 0.01% | $100 |
| Presidential Bank vs Barclays | 4.10% | $0 |
| Presidential Bank vs Capital One | 3.50% | $0 |
| Presidential Bank vs Chase Bank | 0.01% | $0 |
| Presidential Bank vs Chime | 3.75% | $0 |
| Presidential Bank vs CIT Bank | 4.00% | $100 |
| Presidential Bank vs Discover Bank | 3.50% | $0 |
| Presidential Bank vs Fitness Bank | 5.00% | $100 |
| Presidential Bank vs SoFi Bank | 3.80% | $0 |
| Presidential Bank vs Synchrony Bank | 3.80% | $0 |
| Presidential Bank vs Varo Bank | 5.00% | $0 |
| Presidential Bank vs Wells Fargo | 2.51% | $25 |