Marcus By Goldman Sachs vs. Salem Five Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 14, 2025
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Summary of Marcus by Goldman Sachs vs. Salem Five Direct
Key Metrics at a Glance
| Feature | Marcus by Goldman Sachs | Salem Five Direct |
|---|---|---|
| Top Savings APY | 3.65% Marcus Online Savings Account | 3.71% eOne Savings |
| Minimum to Open | $0 | $10 |
| Minimum Balance for Top APY | $0 | $0.01 |
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs offers a competitive APY of 3.65%.
- Marcus by Goldman Sachs has an A+ BBB rating and is accredited.
- Marcus by Goldman Sachs has no minimum deposit requirement.
Potential Drawbacks
- Marcus by Goldman Sachs has no branches available.
- Marcus by Goldman Sachs has a lower APY compared to Salem Five Direct.
- Marcus by Goldman Sachs has a lower Google Play rating of 4.1.
Salem Five Direct
Strengths
- Salem Five Direct offers a higher APY of 3.71%.
- Salem Five Direct has a higher Google Play rating of 4.2.
- Salem Five Direct requires only a $10 minimum deposit.
Potential Drawbacks
- Salem Five Direct has an A- BBB rating and is not accredited.
- Salem Five Direct's APY decreased from 4.01% in the last 30 days.
- Salem Five Direct has no branches available.
→ As of November 14, 2025 Marcus by Goldman Sachs offers an APY of 3.65% for its Marcus Online Savings Account, with a minimum balance of $0, compared to Salem Five Direct's 3.71% APY for its eOne Savings account, with a minimum balance of $0.01.
→ Salem Five Direct yields $6 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Marcus by Goldman Sachs pays $365, while Salem Five Direct pays $371 - an APY advantage for Salem Five Direct.
Calculate Savings Growth for Marcus by Goldman Sachs vs Salem Five Direct
Marcus 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 OverviewSalem Five Direct - eOne Savings
Total savings breakdown:
- Interest earned: $2,248.1 (11.10%)
- Total contributions: $13,000 (64.20%)
- Initial deposit: $5,000 (24.69%)
Your total balance
$20,248.10
Total balance: $20,248.1
Earnings: $2,248.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Marcus by Goldman Sachs's total earnings would be $38.4 lower than Salem Five Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Marcus by Goldman Sachs' vs Salem Five Direct's Savings Accounts
| Marcus by Goldman Sachs | Salem Five Direct | ||
|---|---|---|---|
| Product | Marcus Online Savings Account | vs | eOne Savings |
| APY | 3.65% (as of 11/14/2025) | 3.71% (as of 11/14/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $0 | $10 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.8/5 | 4.7/5 | |
| Google Play Rating | 4.1/5 | 4.2/5 | |
| BBB Rating | A+ | A- |
Comparative Historical APY Insights (Last 10 Months)
| Marcus by Goldman Sachs | Salem Five Direct | ||
|---|---|---|---|
| Product | Marcus Online Savings Account | vs | eOne Savings |
| Latest APY | 3.65 % | 3.71 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -2.8 | -1.6 | |
| Rate Changes / Mo | 0.21 | 0.21 | |
| Days Since Last Change | 170 | 9 | |
| High (-10 m) | 3.90 % | 4.01 % | |
| Low (-10 m) | 3.65 % | 3.71 % | |
| Draw-down from High | -6.4 % | -7.5 % | |
| Volatility (CV) | 0.026 | 0.021 |
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 291 days.
- Low (-10 m)
- Lowest APY in the last 291 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.