High-Yield Savings Account Comparison

Marcus by Goldman Sachs vs. Wealthfront

Wealthfront edges out Marcus by Goldman Sachs slightly at 4.20% vs 3.50% APY. On a $10,000 balance, the difference is just $2 per year—so other factors may matter more.

Analysis by Aviel Fahl
Updated May 22, 2026

The Bottom Line

The Marcus by Goldman Sachs and Wealthfront savings accounts are very similar. Choose Marcus by Goldman Sachs if you want a no-strings-attached account, you want to avoid a promo rate with a scheduled drop, or BBB rating matters to you.

Important Considerations

The key difference? Wealthfront's 4.20% rate includes a promotional bonus for the first 3 months, after which it reverts to the standard rate (currently 3.30%). Marcus by Goldman Sachs's 3.50% rate has no scheduled drop, though all rates are subject to change.

Comparison of Marcus by Goldman Sachs vs Wealthfront savings accounts
Metric

Marcus by Goldman Sachs

Marcus Online Savings Account

May 22, 2026

Wealthfront

Cash Account

May 22, 2026
APY3.50%3.30% - 4.20%
Est. Earnings
$5,000+$175
$10,000+$350
$25,000+$875
$5,000+$176
$10,000+$353
$25,000+$881
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
-Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New customers may earn the top rate of 4.20% for 3 months with direct deposit. See terms at Wealthfront.
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often

Prefer In-Person Banking?

Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.

Find Branch Access

Comparison Analysis

Comparing Marcus by Goldman Sachs vs. Wealthfront

Updated: May 22, 2026

Executive Summary

Wealthfront offers the highest APY with its Cash Account, providing a competitive rate of 4.20%. This account is online-only and requires no minimum deposit or maintenance fees, making it a straightforward option for savers. In contrast, Marcus by Goldman Sachs features the Marcus Online Savings Account with a lower APY of 3.50%, also with no minimum deposit or fees. While both accounts are FDIC-insured and have daily compounding, Wealthfront's Cash Account stands out as the better choice for those seeking higher returns.

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?

No distinct advantages found vs Wealthfront.

Why Wealthfront?

  • Higher potential APY (4.20% vs 3.50%) on all balances

— Key Feature Differences —

Best for Simplicity
Wealthfront

Wealthfront's Cash Account offers 4.20% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)PROMO DETECTED

Over a 1-year period (factoring in a 3-month promo), Wealthfront's Cash Account pays $3 more interest on a $10,000 balance than Marcus by Goldman Sachs's Marcus Online Savings Account.

*Wealthfront's calculation includes their 3-month introductory promotional rate and subsequent standard rate.

Marcus by Goldman SachsWealthfront
Verify At
Marcus by Goldman Sachs

Non-sponsored link to official site

Verify At
Wealthfront

Non-sponsored link to official site

Top Market Contenders

Marcus by Goldman Sachs vs. Wealthfront Savings Calculator

Calculations based on current APY for Marcus Online Savings Account and Cash Account
$
$

You earn $4.2 more with Wealthfront 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

3.50% APY

Savings Breakdown

  • Interest Earned
    +$350.00(3.4%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,350.00

Effective APY
3.50%

Wealthfront

Cash Account

4.20% APY

Promo Rate: 4.20% for 3 months, then 3.30%.

Savings Breakdown

  • Interest Earned
    +$354.20(3.4%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,354.20

Effective APY
3.54%

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 Wealthfront dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 3.50%+ here
FeatureMarcus by Goldman SachsWealthfront
APY
3.50%
Verified: 5/22/2026
↘︎ 0.15%90d Change
4.20%
Range: 3.30% - 4.20%
Verified: 5/22/2026
↗︎ 0.25%90d Change
Product NameMarcus Online Savings AccountCash Account
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Compound FrequencyDailyDaily
Branch AccessNoneNone
Account Type
Online Only
Online Only
Physical BranchesN/ANone
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.9
iOS4.8
Android4.9
FDIC Insured
Yes
Zelle® Support
Not Supported
Not Supported
BBB RatingA+F
Important Notes-Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New customers may earn the top rate of 4.20% for 3 months with direct deposit. See terms at Wealthfront.
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 6 Months Analysis
MetricMarcus by Goldman SachsWealthfront
Marcus Online Savings AccountCash Account
Current APY
3.50%4.20%
Trend
Stable Stable
Velocity (bps/mo)
-2.03.3
Days Since Change
3178
6-Month High
3.65%4.20%
6-Month Low
3.50%3.90%
Adjustments / Mo
0.160.47
Volatility Score
0.0160.032
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 190-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Marcus by Goldman Sachs' APY of 3.50% with other banks
Bank PairCompetitor APYMin Deposit
Marcus by Goldman Sachs vs Affirm3.20%$0
Marcus by Goldman Sachs vs Ally Bank3.10%$0
Marcus by Goldman Sachs vs American Express3.10%$0
Marcus by Goldman Sachs vs Axos Bank4.21%$0
Marcus by Goldman Sachs vs Bank of America0.01%$100
Marcus by Goldman Sachs vs Barclays3.75%$0
Marcus by Goldman Sachs vs Bask Bank4.10%$0
Marcus by Goldman Sachs vs Betterment3.90%$10
Marcus by Goldman Sachs vs BMO Alto3.15%$0
Marcus by Goldman Sachs vs Bread Savings4.00%$100
Marcus by Goldman Sachs vs BrioDirect3.75%$5,000
Marcus by Goldman Sachs vs Capital One3.10%$0
Marcus by Goldman Sachs vs Charles Schwab Bank0.15%$0
Marcus by Goldman Sachs vs Chase Bank0.01%$0
Marcus by Goldman Sachs vs Chime3.00%$0
Marcus by Goldman Sachs vs CIT Bank3.75%$100
Marcus by Goldman Sachs vs Citibank3.10%$0
Marcus by Goldman Sachs vs Citizens Access™3.15%$0.01
Marcus by Goldman Sachs vs Climate First Bank4.01%$50
Marcus by Goldman Sachs vs Discover Bank3.30%$0
Marcus by Goldman Sachs vs E*TRADE from Morgan Stanley3.25%$0
Marcus by Goldman Sachs vs Elevault4.34%$0
Marcus by Goldman Sachs vs EverBank3.90%$0
Marcus by Goldman Sachs vs Fitness Bank4.30%$100
Marcus by Goldman Sachs vs FNBO Direct3.00%$1
Marcus by Goldman Sachs vs Forbright Bank3.85%$0
Marcus by Goldman Sachs vs GO2bank4.50%$0
Marcus by Goldman Sachs vs Ivy Bank3.85%$2,500
Marcus by Goldman Sachs vs LendingClub4.00%$0
Marcus by Goldman Sachs vs Neighbors Bank4.10%$0
Marcus by Goldman Sachs vs Newtek Bank4.20%$0.01
Marcus by Goldman Sachs vs Openbank4.00%$500
Marcus by Goldman Sachs vs Peak Bank3.82%$100
Marcus by Goldman Sachs vs Pibank4.40%$0
Marcus by Goldman Sachs vs PNC3.25%$0
Marcus by Goldman Sachs vs Santander Bank0.01%$25
Marcus by Goldman Sachs vs SoFi Bank4.00%$0
Marcus by Goldman Sachs vs Synchrony Bank3.40%$0
Marcus by Goldman Sachs vs TD Bank2.00%$0
Marcus by Goldman Sachs vs UFB Direct3.46%$5000
Marcus by Goldman Sachs vs Upgrade3.05%$0
Marcus by Goldman Sachs vs Varo Bank5.00%$0
Marcus by Goldman Sachs vs Wells Fargo0.05%$25
Compare Wealthfront's APY of 4.20% with other banks