Boost your savings with a Marcus Online Savings Account
3.75% APY
Online Savings Account
Annual Percentage Yield
- Earn a rate that's 4x the national average.
- Backed by the financial expertise of Goldman Sachs.
- No Fees. No Minimum Deposit.
- Same-day transfers of $100,000 or less to/from other banks.
- Contact Center available 24 hours a day / 7 days a week.
All loans and savings deposit products provided by Goldman Sachs Bank USA, Salt Lake City Branch.
Marcus will process transfers of $100,000 or less made through Marcus by 12 pm ET on a business day, by 5 pm ET that day. For outgoing transfers, check with your external bank regarding availability of funds sent by Marcus. For incoming transfers, you’ll start earning interest on the transfer amount the day your request is received. All transfers are subject to conditions that may delay funds, such as transfers made in connection with an account closing.
Annual Percentage Yield as of March 21, 2023. APY may change at any time before or after account is opened. Maximum balance limits apply.
The national average rate referenced is from the FDIC's published National Rates and Rate Caps for Savings deposit products, accurate as of February 21, 2023. See the FDIC website for more information.
Boost your savings with a Marcus Online Savings Account
3.75% APY
Online Savings Account
Annual Percentage Yield
- Earn a rate that's 4x the national average.
- Backed by the financial expertise of Goldman Sachs.
- No Fees. No Minimum Deposit.
- Same-day transfers of $100,000 or less to/from other banks.
- Contact Center available 24 hours a day / 7 days a week.
All loans and savings deposit products provided by Goldman Sachs Bank USA, Salt Lake City Branch.
All loans and savings deposit products provided by Goldman Sachs Bank USA, Salt Lake City Branch.
Marcus will process transfers of $100,000 or less made through Marcus by 12 pm ET on a business day, by 5 pm ET that day. For outgoing transfers, check with your external bank regarding availability of funds sent by Marcus. For incoming transfers, you’ll start earning interest on the transfer amount the day your request is received. All transfers are subject to conditions that may delay funds, such as transfers made in connection with an account closing.
Annual Percentage Yield as of March 21, 2023. APY may change at any time before or after account is opened. Maximum balance limits apply.
The national average rate referenced is from the FDIC's published National Rates and Rate Caps for Savings deposit products, accurate as of December 19, 2022. See the FDIC website for more information.
Boost your savings with a Marcus Online Savings Account
3.75% APY
Online Savings Account
Annual Percentage Yield
- Earn a rate that's 4x the national average.
- Backed by the financial expertise of Goldman Sachs.
- No Fees. No Minimum Deposit.
- Same-day transfers of $100,000 or less to/from other banks.
- Contact Center available 24 hours a day / 7 days a week.
54,000+ 5-Star App Ratings
All loans and savings deposit products provided by Goldman Sachs Bank USA, Salt Lake City Branch.
Marcus will process transfers of $100,000 or less made through Marcus by 12 pm ET on a business day, by 5 pm ET that day. For outgoing transfers, check with your external bank regarding availability of funds sent by Marcus. For incoming transfers, you’ll start earning interest on the transfer amount the day your request is received. All transfers are subject to conditions that may delay funds, such as transfers made in connection with an account closing.
Annual Percentage Yield as of March 21, 2023. APY may change at any time before or after account is opened. Maximum balance limits apply.
How the Marcus Online Savings Account works
Open an account in minutes
Complete the application and open your account online or in the Marcus app. We don’t require a minimum deposit or a credit check.
Link accounts and add money
Link your checking or savings accounts at other banks and transfer money into your Marcus savings account. You’ll start earning interest the day your transfer is initiated.
Get access to your money when you need it
Transferring money back to your checking account is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone.
Get fast, easy mobile access with the Marcus app
- Schedule transfers into and out of your accounts
- Review recent transactions and track your transfers
- See how much interest you’ve earned this year
- Use Marcus Insights’ tools and trackers to help you see your money clearly and make strategic decisions
How the Marcus Online Savings Account works
Open an account in minutes
Complete the application and open your account online or in the Marcus app. We don’t require a minimum deposit or a credit check.
Link accounts and add money
Link your checking or savings accounts at other banks and transfer money into your Marcus savings account. You’ll start earning interest the day your transfer is initiated.
Transfer your money when you need it
Transferring money back to your checking account is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone.
How the Marcus Online Savings Account works
Open an account in minutes
Complete the application and open your account online or in the Marcus app. We don’t require a minimum deposit or a credit check.
Link accounts and add money
Link your checking or savings accounts at other banks and transfer money into your Marcus savings account. You’ll start earning interest the day your transfer is initiated.
Transfer your money when you need it
Transferring money back to your checking account is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone.
Boost your savings with a Marcus Online Savings Account
- Earn a rate that's 4x the national average tablet
- Backed by the financial expertise of Goldman Sachs.
- No Fees. No Minimum Deposit.
- Same-day transfers of $100,000 or less to/from other banks
- Contact Center available 7 days/week
0.50% APY
Online Savings Account
Annual Percentage Yield
All loans and savings deposit products provided by Goldman Sachs Bank USA.
Marcus will complete transfers of $100,000 or less made through Marcus by 12 pm ET on a business day, by 5 pm ET that day. For outgoing transfers, check with your external bank regarding availability of funds sent by Marcus. For incoming transfers, Marcus will post funds to your account and you’ll start earning interest on the day they’re received, but those funds will remain subject to Marcus’ funds availability rules.
Annual Percentage Yield as of Date March 21, 2023. APY may change at any time before or after account is opened. Maximum balance limits apply.
The National Average is based on the APY average for high-yield savings accounts with a minimum balance of at least $2,500 offered by the top 50 US banks (ranked by total deposits) as reported by Informa Financial Intelligence, www.informars.com. Informa has obtained this data from various financial institutions that it tracks and its accuracy cannot be guaranteed. All APYs are subject to change. National Average rate effective as of July 7.
Try our calculator to see how much interest you could earn with a Marcus Online Savings Account vs. other banks
Rates of the selected banks reflect New York savings rates for similar products at the select banks with a minimum balance of $2,500. Rates may vary by state and do not account for bonus, special or promotional APYs. National Average is based on the APY average for savings accounts with a minimum balance of at least $2,500 offered by the top 50 US banks (ranked by total deposits). Rates of selected banks and the National Average as reported by Informa Financial Intelligence, www.informars.com. Informa has obtained the data from the various financial institutions that it tracks and its accuracy cannot be guaranteed. This calculator does not include all savings accounts available in the marketplace.
Our rate as of March 21, 2023.
Comparison banks’ rates as of March 14, 2023.
National Average rate effective as of February 21, 2023.
See what others are saying
Best Online & Neobank Savings Accounts of 2023
"... you can avoid the fees that traditional banks tend to charge, making it one of the best savings accounts around."
Best Savings Accounts for 2023
"No transaction fees from Marcus and no minimum deposit to open."
Best Savings Account 2022
"Offers a top-of-the-line APY and no monthly fees or minimum deposit requirements."
See what others are saying
Best Online & Neobank Savings Accounts of 2023
"... you can avoid the fees that traditional banks tend to charge, making it one of the best savings accounts around."
Read more on GOBankingRates
Best Savings Accounts for 2023
"No transaction fees from Marcus and no minimum deposit to open."
Read more on My Banktracker
Best Savings Account 2022
"Offers a top-of-the-line APY and no monthly fees or minimum deposit requirements."
Read more on NerdWallet