Marcus by Goldman Sachs vs. Sallie Mae Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Jan 16, 2026 | Sallie Mae BankHigh-Yield Savings Account Jan 16, 2026 |
|---|---|---|
| APY | 3.65% | 3.90% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App | FDIC InsuredNo Minimums |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing Marcus by Goldman Sachs vs. Sallie Mae Bank
As of Marcus by Goldman Sachs offers an APY of 3.65% for its Marcus Online Savings Account, with a minimum balance of $0, compared to Sallie Mae Bank's 3.90% APY for its High-Yield Savings Account, with a minimum balance of $0.
Sallie Mae Bank pays $25 more than Marcus by Goldman Sachs on a $10,000 balance after one year. Marcus by Goldman Sachs pays $365, while Sallie Mae Bank pays $390 - an APY advantage for Sallie Mae Bank.
Why Marcus by Goldman Sachs?
- ✓Higher rated iOS app (4.9 vs 1.5)
- ✓Higher rated Android app (4.9 vs 1.6)
Why Sallie Mae Bank?
- ✓Higher potential APY (3.90% vs 3.65%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account earns more on smaller deposits (approx. $390 vs $365/yr).
Better Returns at $25,000
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $975 vs $912/yr).
Best for Simplicity
Sallie Mae BankSallie Mae Bank's High-Yield Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Marcus by Goldman SachsMarcus by Goldman Sachs offers an iOS app rated 4.9 (vs. 1.5) and Android app rated 4.9 (vs. 1.6)
Shared Benefits
Over a 1-year period, Sallie Mae Bank's High-Yield Savings Account pays $25 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.
Executive Summary as of
Sallie Mae Bank offers a High-Yield Savings Account with a competitive APY of 3.90%, making it the winner in this comparison. This account features no minimum deposit or balance requirements, no maintenance fees, and is online-only, ensuring simplicity for users. Marcus by Goldman Sachs, while also providing an attractive option with its Marcus Online Savings Account at an APY of 3.65%, falls slightly behind in terms of yield. Both banks do not require direct deposit and have FDIC insurance, but Sallie Mae Bank is noted for better returns on larger deposits, providing a more advantageous 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Marcus by Goldman Sachs vs. Sallie Mae Bank Savings Calculator
You earn $25 more with Sallie Mae 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
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Marcus by Goldman Sachs | Sallie Mae Bank |
|---|---|---|
| APY | 3.65% Verified: 1/16/2026 Stable (90d) | 3.90% Verified: 1/16/2026 Stable (90d) |
| Product Name | Marcus Online Savings Account | High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.9 | iOS1.5 Android1.6 |
| 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 Sallie Mae Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Marcus by Goldman Sachs | Sallie Mae Bank |
|---|---|---|
| Marcus Online Savings Account | High-Yield Savings Account | |
Current APY | 3.65% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.0 | -0.1 |
Days Since Change | 233 | 350 |
12-Month High | 3.90% | 4.00% |
12-Month Low | 3.65% | 3.90% |
Adjustments / Mo | 0.17 | 0.08 |
Volatility Score | 0.024 | 0.003 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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