Citibank vs. Marcus by Goldman Sachs
Citibank's Citi Accelerate Savings pays 2.80% APY while Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% 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 $60 more than Citibank annually ($340 vs $280).
Choose Citibank if you want Zelle for quick transfers. Choose Marcus by Goldman Sachs if getting the best rate matters most.
Important Considerations
Citibank's Accelerate Savings is only available in select states where Citi has no branch presence. Check eligibility before applying.
| Metric | CitibankCiti Accelerate Savings Sep 3, 2026 | Marcus by Goldman SachsMarcus Online Savings Account Sep 4, 2026 |
|---|---|---|
| APY | 2.80% | 3.40% |
Earns in a year | $5,000+$140 $10,000+$280 $25,000+$700 | $5,000+$170 $10,000+$340 $25,000+$850 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | Eligibility restricted to select states. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Comparison Analysis
Comparing Citibank vs. Marcus by Goldman Sachs
Executive Summary
Marcus by Goldman Sachs offers a competitive APY of 3.40% on its Marcus Online Savings Account, making it the clear winner in this comparison. This account requires no minimum deposit or balance, and there are no maintenance fees, providing a straightforward savings option. In contrast, Citibank's top product, the Citi Accelerate Savings, offers a lower APY of 2.80% and is only available in select states, with a minimum balance requirement of $1 to avoid a monthly fee. While Citibank also provides a standard savings account with a minimal 0.03% APY, Marcus's higher yield and simpler terms make it a preferable 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.
Why Citibank?
- Physical branch access (U.S. branches are concentrated in six metropolitan areas, New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami.)
- Fast transfers via Zelle® (up to $2,500 a day)
Why Marcus by Goldman Sachs?
- Higher potential APY (3.40% vs 2.80%) on all balances
- No checking account or direct deposit required
- Available Nationwide
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. $340 vs $280/yr).
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 $700/yr).
Better for Simplicity
Marcus by Goldman SachsMarcus by Goldman Sachs's Marcus Online Savings Account offers 3.40% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Marcus by Goldman Sachs's Marcus Online Savings Account pays $60 more interest on a $10,000 balance than Citibank's Citi Accelerate 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
Citibank vs. Marcus by Goldman Sachs Savings Calculator
You earn $60 more with Marcus by Goldman Sachs than Citibank 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.
Citibank
Citi Accelerate Savings
Savings Breakdown
- Interest Earned+$280.00(2.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,280.00
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 $275 a year in interest.
Both Citibank and Marcus by Goldman Sachs advertise far more than that typical branch-bank rate.
| Feature | Citibank | Marcus by Goldman Sachs |
|---|---|---|
| APY | 2.80% Observed: 9/3/2026 0.30%90-day change | 3.40% Observed: 9/4/2026 Stable over 90 days |
| Product Name | Citi Accelerate Savings | Marcus Online Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $4.50. Waived for average monthly balances > $500 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 955 (CA, CT, DC, DE, FL, IL, MD, NJ (+6 more)) | 5 (MA, NJ, NY, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,500/dayTiered limits based on account status (Citigold higher). | Not Supported |
| BBB Rating | D- | Not Rated |
| Important Notes | Eligibility restricted to select states. | - |
| Next Steps | Visit SiteVerify at Citibank 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 | Citibank | Marcus by Goldman Sachs | |
|---|---|---|---|
| Citi® Savings Account | Citi Accelerate Savings | Marcus Online Savings Account | |
Current APY | 0.03% | 2.80% | 3.40% |
Trend | Stable | Stable | Stable |
Speed of change | -0.00 | -0.05 | -0.01 |
Days Since Change | 361 | 24 | 93 |
12-Month High | 0.03% | 3.50% | 3.65% |
12-Month Low | 0.03% | 2.80% | 3.40% |
Changes per month | 0.00 | 0.66 | 0.16 |
Steadiness | 0.000 | 0.029 | 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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Compare Citibank's APY of 2.80% with other banks
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|---|---|---|
| Citibank vs Ally Bank | 3.00% | $0 |
| Citibank vs American Express | 3.00% | $0 |
| Citibank vs Axos Bank | 4.21% | $0 |
| Citibank vs Barclays | 3.65% | $0 |
| Citibank vs Capital One | 3.50% | $0 |
| Citibank vs Chime | 3.75% | $0 |
| Citibank vs CIT Bank | 3.75% | $100 |
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| Citibank vs Newtek Bank | 4.20% | $100 |
| Citibank vs Openbank | 3.80% | $500 |
| Citibank vs Pibank | 4.10% | $0 |
| Citibank vs SoFi Bank | 4.00% | $0 |
| Citibank vs Synchrony Bank | 3.30% | $0 |
| Citibank vs Varo Bank | 3.75% | $0 |
| Citibank vs Wealthfront | 3.95% | $0 |