Marcus by Goldman Sachs vs. Synchrony Bank
Comparing Marcus by Goldman Sachs and Synchrony Bank for high-yield savings: Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% APY while Synchrony Bank's High Yield Savings pays 3.30% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Marcus by Goldman Sachs pays $10 more than Synchrony Bank annually ($340 vs $330).
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Jun 18, 2026 | Synchrony BankHigh Yield Savings Jul 20, 2026 |
|---|---|---|
| APY | 3.40% | 3.30% |
Est. Earnings | $5,000+$170 $10,000+$340 $25,000+$850 | $5,000+$165 $10,000+$330 $25,000+$825 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate | FDIC InsuredNo 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 4.10% APY.
Comparison Analysis
Comparing Marcus by Goldman Sachs vs. Synchrony Bank
Executive Summary
Marcus by Goldman Sachs offers a competitive Marcus Online Savings Account with an APY of 3.40%, making it the winner in this comparison. In contrast, Synchrony Bank's High Yield Savings account provides a slightly lower APY of 3.30%. Both accounts require no minimum deposit or balance and charge no maintenance fees, and they are available online only. Notably, Marcus's account may yield better returns at higher balances, with estimates of approximately $850 versus $825 per year at $25,000. Both banks do not require direct deposit for account opening.
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 Synchrony Bank?
No distinct advantages found vs Marcus by Goldman Sachs.
— Key Feature Differences —
Better Returns at $25,000
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account pulls ahead with larger amounts (approx. $850 vs $825/yr).
Shared Benefits
Over a 1-year period, Marcus by Goldman Sachs's Marcus Online Savings Account pays $10 more interest on a $10,000 balance than Synchrony Bank's High Yield Savings.
*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. Synchrony Bank Savings Calculator
You earn $10 more with Marcus by Goldman Sachs than Synchrony Bank 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+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
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 $329 per year in interest.
Both Marcus by Goldman Sachs and Synchrony Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Marcus by Goldman Sachs | Synchrony Bank |
|---|---|---|
| APY | 3.40% Verified: 6/18/2026 ↘︎ 0.25%90d Change | 3.30% Verified: 7/20/2026 ↘︎ 0.10%90d Change |
| Product Name | Marcus Online Savings Account | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | N/A |
| 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+ | Not Rated |
| Next Steps | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site | Visit SiteVerify at Synchrony Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Marcus by Goldman Sachs | Synchrony Bank |
|---|---|---|
| Marcus Online Savings Account | High Yield Savings | |
Current APY | 3.40% | 3.30% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.3 | -4.5 |
Days Since Change | 16 | 2 |
12-Month High | 3.65% | 3.80% |
12-Month Low | 3.40% | 3.30% |
Adjustments / Mo | 0.16 | 0.33 |
Volatility Score | 0.020 | 0.049 |
How to read these metrics(Click to expand)
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