Marcus by Goldman Sachs Online Savings Account review

Marcus by Goldman Sachs is the strongest pick here for savers who want a straightforward bank account rather than a cash account built on program banks. Its online savings account showed 3.50% APY as of November 13, 2026, with no fees and no minimum deposit, and Marcus describes that as 8x the national average. Transfers are a strength: Marcus lists same-day transfers of $100,000 or less to and from other banks, which matters when savings have to fund a large payment quickly. The contact center is open 24 hours a day, 7 days a week. Deposits sit at Goldman Sachs Bank USA, Member FDIC, so coverage follows the standard single-bank limit. Marcus notes that maximum balance limits apply, and the rate trails EverBank's new-account APY. Our automated check of the Marcus page hit a security challenge, so the fee terms are listed from the page as rendered in a browser and the price check is marked pending.

Who it is for

savers who want a large bank with no minimums

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• 3.50% APY as of November 13, 2026
• No fees and no minimum deposit
• Same-day transfers of $100,000 or less to and from other banks
• Contact center available 24 hours a day, 7 days a week
• Deposits held at Goldman Sachs Bank USA, Member FDIC

Strengths and weaknesses

• Strength: 3.50% APY with no minimum deposit
• Strength: Same-day transfers up to $100,000
• Strength: 24/7 contact center for savings customers
• Weakness: Rate is 0.70 points below EverBank's new-account APY
• Weakness: Maximum balance limits apply
• Weakness: Single-bank FDIC coverage only

Key facts

• APY: 3.50% as of November 13, 2026
• Monthly fee: None
• Minimum deposit: None
• Transfers: Same-day for $100,000 or less

Where it ranks

Marcus by Goldman Sachs Online Savings Account is No. 3 in our Best High-Yield Savings Accounts verdict and No. 2 in Best Savings Accounts.