Axos Bank vs. Marcus by Goldman Sachs
Axos Bank's Axos ONE Savings pays 4.21% APY while Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% APY.
Note: Axos Bank's Axos ONE Savings also needs a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Axos Bank pays $81 more than Marcus by Goldman Sachs annually ($421 vs $340).
Choose Axos Bank if getting the best rate matters most. Choose Marcus by Goldman Sachs if you want a no-strings-attached account.
Important Considerations
Axos Bank's Axos ONE Savings pays its top rate only if you also open a checking account with Axos Bank, while Marcus by Goldman Sachs's Marcus Online Savings Account stands alone.
| Metric | Axos BankAxos ONE Savings Sep 11, 2026 | Marcus by Goldman SachsMarcus Online Savings Account Sep 11, 2026 |
|---|---|---|
| APY | 3.50% - 4.21% | 3.40% |
Earns in a year | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$170 $10,000+$340 $25,000+$850 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Axos Bank vs. Marcus by Goldman Sachs
Executive Summary
Axos Bank offers a competitive APY of 4.21% with its Axos ONE Savings account, which is available through a savings and checking bundle. This account requires either a direct deposit of $1,500 or total monthly qualifying deposits of at least $5,000. For those seeking a simpler option, the Summit Savings account provides a 3.75% APY without any bundling or direct deposit requirements. In comparison, Marcus by Goldman Sachs features a Marcus Online Savings Account with a lower APY of 3.40%. Both banks operate online, with Axos Bank available in CA, NV, and UT, while Marcus is accessible in MA, NJ, NY, and UT.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Axos Bank?
- Access to 95,000 fee-free ATMs
- Higher potential APY (3.50%-4.21% vs 3.40%) on all balances
- Offers 3 different high-yield savings options
Why Marcus by Goldman Sachs?
No distinct advantages found vs Axos Bank.
Key Feature Differences
Better Returns at $10,000
Axos BankAxos Bank's Axos ONE Savings earns more on smaller deposits (approx. $421 vs $340/yr).
Better Returns at $25,000
Axos BankAxos Bank's Axos ONE Savings pulls ahead with larger amounts (approx. $1053 vs $850/yr).
Better for Simplicity
Axos BankAxos Bank's Summit Savings offers 3.75% APY with no bundling, direct deposit requirement or caps.
Better for All-in-One Banking
Axos BankAxos Bank's Axos ONE Savings pays a superior APY for customers who also open a checking account.
Better Mobile App Experience
Marcus by Goldman SachsMarcus by Goldman Sachs offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.9 (vs. 4.6)
Shared Benefits
Over a 1-year period, Axos Bank's Axos ONE Savings pays $81 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Axos Bank vs. Marcus by Goldman Sachs Savings Calculator
You earn $81 more with Axos 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.
Axos Bank
Axos ONE Savings
Savings Breakdown
- Interest Earned+$421.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,421.00
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
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $335 a year in interest.
Both Axos Bank and Marcus by Goldman Sachs advertise far more than that typical branch-bank rate.
| Feature | Axos Bank | Marcus by Goldman Sachs |
|---|---|---|
| APY | 4.21% Range: 3.50% - 4.21% Observed: 9/11/2026 Stable over 90 days | 3.40% Observed: 9/11/2026 Stable over 90 days |
| Product Name | Axos ONE Savings | Marcus Online Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 3 (CA, NV, UT) | 5 (MA, NJ, NY, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | Not Rated |
| Important Notes | The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | - |
| Next Steps | Visit SiteVerify at Axos Bank Non-sponsored link to official site | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Axos Bank | Marcus by Goldman Sachs | ||
|---|---|---|---|---|
| Axos ONE Savings | Summit Savings | High Yield Savings | Marcus Online Savings Account | |
Current APY | 4.21% | 3.75% | 0.61% | 3.40% |
Trend | Stable | Stable | Stable | Stable |
Speed of change | -0.04 | -0.06 | -0.00 | -0.01 |
Days Since Change | 221 | 274 | 361 | 100 |
12-Month High | 4.51% | 4.00% | 0.61% | 3.65% |
12-Month Low | 4.21% | 3.75% | 0.61% | 3.40% |
Changes per month | 0.25 | 0.08 | 0.00 | 0.16 |
Steadiness | 0.023 | 0.031 | 0.000 | 0.009 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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