Marcus by Goldman Sachs vs. Wealthfront
Wealthfront edges out Marcus by Goldman Sachs slightly at 3.95% vs 3.40% APY. On a $10,000 balance, the difference is just $6 per year, so other factors may matter more.
| Metric | Marcus by Goldman SachsMarcus Online Savings Account Sep 11, 2026 | WealthfrontCash Account Sep 11, 2026 |
|---|---|---|
| APY | 3.40% | 3.30% - 3.95% |
Earns in a year | $5,000+$170 $10,000+$340 $25,000+$850 | $5,000+$173 $10,000+$346 $25,000+$866 |
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 clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily Compounding |
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. Wealthfront
Executive Summary
Wealthfront's Cash Account stands out with an APY of 3.95%, making it the winner compared to Marcus by Goldman Sachs, which offers a lower APY of 3.40% through its Marcus Online Savings Account. Wealthfront's account is online-only, requires no minimum deposit, and has no maintenance fees, while also providing a promotional boost for new clients for the first three months. In contrast, Marcus's account also has no minimum deposit or fees, but does not offer a promotional rate. Both accounts are FDIC-insured and available nationally.
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 (3.95% vs 3.40%) on all balances
Key Feature Differences
Better for Simplicity
WealthfrontWealthfront's Cash Account offers 3.95% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period (factoring in a 3-month promo), Wealthfront's Cash Account pays $6 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Marcus by Goldman Sachs vs. Wealthfront Savings Calculator
You earn $7.5 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
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
Wealthfront
Cash Account
Savings Breakdown
- Interest Earned+$347.50(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,347.50
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 Marcus by Goldman Sachs and Wealthfront advertise far more than that typical branch-bank rate.
| Feature | Marcus by Goldman Sachs | Wealthfront |
|---|---|---|
| APY | 3.40% Observed: 9/11/2026 Stable over 90 days | 3.95% Range: 3.30% - 3.95% Observed: 9/11/2026 0.05%90-day change |
| Product Name | Marcus Online Savings Account | Cash 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 | 5 (MA, NJ, NY, UT) | Not reported |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | Yes |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | Not Rated | F |
| Important Notes | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Next Steps | Visit SiteVerify at Marcus by Goldman Sachs Non-sponsored link to official site | Visit SiteVerify at Wealthfront Non-sponsored link to official site |
Compare Savings Rates Over Time
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High Rates (With Checking Bundle)
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