Marcus by Goldman Sachs vs. Peak Bank
Marcus by Goldman Sachs's Marcus Online Savings Account pays 3.40% APY while Peak Bank's Envision High Yield Savings pays 4.01% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Peak Bank pays $61 more than Marcus by Goldman Sachs annually ($401 vs $340).
Choose Peak Bank if getting the best rate matters most.
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Aug 21, 2026 | Peak BankEnvision High Yield Savings Aug 21, 2026 |
|---|---|---|
| APY | 3.40% | 3.14% - 4.01% |
Est. Earnings | $5,000+$170 $10,000+$340 $25,000+$850 | $5,000+$200 $10,000+$401 $25,000+$1,002 |
Min Deposit | $0 | $100 |
Snapshot view. Rates subject to change. | ||
Terms | - | The advertised APY is for new accounts only. There is a limit of one Envision High Yield Savings account per customer. Opening funds are subject to a five business day hold. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
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 Marcus by Goldman Sachs vs. Peak Bank
Executive Summary
A detailed summary for this comparison is being prepared. Check back soon.
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 checking account or direct deposit required
- ✓Higher rated Android app (4.9 vs 4.6)
Why Peak Bank?
- ✓Higher potential APY (4.01% vs 3.40%) on all balances
Key Feature Differences
Better Returns at $10,000
Peak BankPeak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $401 vs $340/yr).
Better Returns at $25,000
Peak BankPeak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $1002 vs $850/yr).
Best 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, Peak Bank's Envision High Yield Savings pays $61 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
Marcus by Goldman Sachs vs. Peak Bank Savings Calculator
You earn $61 more with Peak 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.
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
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$401.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,401.00
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 $339 per year in interest.
Both Marcus by Goldman Sachs and Peak Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Marcus by Goldman Sachs | Peak Bank |
|---|---|---|
| APY | 3.40% Verified: 8/21/2026 - | 4.01% Range: 3.14% - 4.01% Verified: 8/21/2026 - |
| Product Name | Marcus Online Savings Account | Envision High Yield Savings |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Important Notes | - | The advertised APY is for new accounts only. There is a limit of one Envision High Yield Savings account per customer. Opening funds are subject to a five business day hold. |
| Next Steps | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site | Visit SiteVerify at Peak Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Marcus by Goldman Sachs | Peak Bank |
|---|---|---|
| Marcus Online Savings Account | Envision High Yield Savings | |
Current APY | 3.40% | 4.01% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.1 | -4.5 |
Days Since Change | 79 | 79 |
12-Month High | 3.65% | 4.35% |
12-Month Low | 3.40% | 3.82% |
Adjustments / Mo | 0.17 | 0.58 |
Volatility Score | 0.009 | 0.029 |
How to read these metrics(Click to expand)
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