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 3.65% APY while Synchrony Bank's High Yield Savings pays 3.50% 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 $15 more than Synchrony Bank annually ($365 vs $350).
Choose Marcus by Goldman Sachs if getting the best rate matters most.
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Mar 7, 2026 | Synchrony BankHigh Yield Savings Mar 7, 2026 |
|---|---|---|
| APY | 3.65% | 3.50% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$175 $10,000+$350 $25,000+$875 |
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 4.15% APY.
Comparison Analysis
Comparing Marcus by Goldman Sachs vs. Synchrony Bank
Executive Summary
Marcus by Goldman Sachs offers a competitive APY of 3.65% on its Marcus Online Savings Account, making it the top choice compared to Synchrony Bank's High Yield Savings account, which has an APY of 3.50%. Both accounts require no minimum deposit or balance and have no maintenance fees, with interest compounded daily. Additionally, neither bank requires direct deposit for account holders. However, Marcus's higher APY provides better returns, especially for larger deposits. Both accounts are online-only, ensuring easy access without physical branches.
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 potential APY (3.65% vs 3.50%) on all balances
- ✓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 $10,000
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account earns more on smaller deposits (approx. $365 vs $350/yr).
Better Returns at $25,000
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account pulls ahead with larger amounts (approx. $912 vs $875/yr).
Shared Benefits
Over a 1-year period, Marcus by Goldman Sachs's Marcus Online Savings Account pays $15 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 $15 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+$365.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,365.00
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
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 $349 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 | 3.65% Verified: 3/7/2026 Stable (90d) | 3.50% Verified: 3/7/2026 ↘︎ 0.15%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 | 3.65% | 3.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.1 | -4.1 |
Days Since Change | 283 | 39 |
12-Month High | 3.90% | 4.00% |
12-Month Low | 3.65% | 3.50% |
Adjustments / Mo | 0.16 | 0.25 |
Volatility Score | 0.016 | 0.042 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Marcus by Goldman Sachs vs...
Comparing against Standard Savings
Compare Synchrony Bank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.