Boost your savings with a Marcus Online Savings Account

3.00% APY

Online Savings Account
Annual Percentage Yield  

  • Opportunity to earn an additional 1.00% APY with Marcus Referred.
  • 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.

54,000+ 5-Star App Ratings

All loans and savings deposit products provided by Goldman Sachs Bank USA.

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 Date December 06, 2022. APY may change at any time before or after account is opened. Maximum balance limits apply.

Boost your savings with a Marcus Online Savings Account

3.00% APY

Online Savings Account
Annual Percentage Yield

  • Opportunity to earn an additional 1.00% APY with Marcus Referred. 
  • 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.

 

All loans and savings deposit products provided by Goldman Sachs Bank USA.

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 December 06, 2022. APY may change at any time before or after account is opened. Maximum balance limits apply.

Boost your savings with a Marcus Online Savings Account

3.00% APY

Online Savings Account
Annual Percentage Yield

  • Opportunity to earn an additional 1.00% APY with Marcus Referred. 
  • 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.

All loans and savings deposit products provided by Goldman Sachs Bank USA.

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 Date December 06, 2022. 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 5, 2022. 

Increase your rate with Marcus Referred

You can earn an additional 1.00% APY for 3 months!

See full offer terms

step1

Open an Online Savings Account

Once your account is open, you can start referring friends to Marcus right away!

step2

Refer a friend

Visit the Referral Center for your unique referral link, and share it with friends who don't have Marcus Online Savings Accounts or CDs.

step3

Earn a Referral Bonus

When your friend opens an Online Savings Account, you both earn an additional 1.00% APY for 3 months on your accounts.

Referral Bonus

Annual Percentage Yield (APY) as of December 06, 2022. APY may change at any time before or after account is opened. Minimum balance limits apply.

Referral Bonus

Annual Percentage Yield (APY) as of December 06, 2022. APY may change at any time before or after account is opened. Minimum balance limits apply.

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 December 06, 2022. 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 December 06, 2022.
Comparison banks’ rates as of November 29, 2022.
National Average rate effective as of November 29, 2022.

 

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.

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 DESKTOP

Open an account in minutes desktop

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.

See what others are saying

Best Savings Account - 2022

"... offers a top-of-the-line APY and no monthly fees or minimum deposit requirements."
Read more on Nerdwallet

Best Savings Accounts - 2022

"... no fees and no minimum deposit, as well as a competitive APY -- all of this adds up to you keeping and making more money."
Read more on GOBankingRates

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 at another bank is easy: Same-day transfers are available and you can schedule transfers online, in the Marcus app or by phone.

See what our customers are saying about our Online Savings Account

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
  •  

Have questions? We have answers.

Marcus by Goldman Sachs® Referral Program Terms

Updated as of December 06, 2022

Existing Customers

As an existing Marcus deposits customer, you can receive a promotional Marcus Referred Rate (defined below) on all of your Marcus Online Savings Account(s) (each an “OSA”) after a New Customer (defined below) opens a new OSA or Certificate of Deposit (“CD”) using your unique referral link (a “Successful Referral”). Adding a joint owner to an existing OSA will not count as a Successful Referral. Your unique referral link will be accessible in the Marcus Referred Center. You can access the Marcus Referred Center by logging in and selecting “Marcus Referred” in the menu at the upper right corner of any page.

After a Successful Referral, all of your existing OSAs will earn a promotional Annual Percentage Yield (“APY”) increase that is a specific percentage higher than the stated APY available at www.marcus.com for a period of 3 months (“Marcus Referred Rate”). To determine the APY increase for the applicable 3-month period, please refer to the Online Savings Account Referral Page [marcus.com/referrals]. If the Successful Referral occurs before 9:30 PM ET, you will receive the APY increase reflected on the Online Savings Account Referral Page on the day of the Successful Referral. If the Successful Referral occurs after 9:30 PM ET, you will receive the APY increase reflected on the Online Savings Account Referral Page on the day after the Successful Referral. You must have an OSA at the time of a Successful Referral to earn a Marcus Referred Rate. New OSAs opened after a Successful Referral may also be eligible for a Marcus Referred Rate, as further detailed in the General section below. A Marcus Referred Rate will automatically start within 1 business day following a Successful Referral.

Jointly owned OSAs may receive a Marcus Referred Rate through the Successful Referral of any account owner, but individual Marcus Referred Rate maximums still apply. The dates associated with the 3-month period of a Marcus Referred Rate on your individually owned OSAs may differ from that on your jointly owned OSAs.

New Customers

If you have not had a Marcus OSA or CD in the last 12 months (a “New Customer”), you can receive a Marcus Referred Rate when you use an existing customer’s unique referral link to open a new OSA. You will receive your Marcus Referred Rate for a period of 3 months, within 1 business day of when your OSA is opened using an existing customer’s unique referral link. New jointly owned OSAs opened through a unique referral link can receive a Marcus Referred Rate, provided that all account owners at the time of account opening are New Customers. The Marcus Referred Rate earned as a New Customer will not count towards your referral maximums (see General section below for more information regarding maximums).

By using an existing customer’s unique referral link to open an account, you acknowledge that the customer whose unique referral link you use may know that you opened a Marcus account and when. If you wish to avoid this, do not sign up for a Marcus account through a unique referral link.

General

To receive a Marcus Referred Rate, your OSAs must be open and in good standing. CDs are not eligible to receive any APY promotional rates through Marcus Referred. You can see the status of all your earned Marcus Referred Rates in the Marcus Referred Center at any time.

If you open new OSAs while any of your existing OSAs are receiving a Marcus Referred Rate, we will apply the Marcus Referred Rate to your new OSAs. You will receive the Marcus Referred Rate through the latest expiration date of your then-current Marcus Referred Rate.

If any joint owner of a jointly owned OSA is currently receiving a Marcus Referred Rate when a new jointly owned OSA is opened, that jointly owned OSA will receive a Marcus Referred Rate through the latest expiration date of an active Marcus Referred Rate associated with any one joint owner under the terms and conditions of that Promotional Rate. Subsequent Marcus Referred Rates earned by any joint owner will result in an accrual of additional 3-month Marcus Referred Rates, each to be applied consecutively. The Successful Referral of any one owner on a jointly owned OSA will only be applied towards that owner’s individual Marcus Referred Rate maximum.

Marcus Referred Rates may only be combined with other non-referral promotional offers available to Marcus customers. You can earn a maximum combined total of 5 Marcus Referred Rates under these Referral Program Terms and any other Marcus by Goldman Sachs referral programs in each calendar year. If you are already receiving a Marcus Referred Rate, the next Marcus Referred Rate you earn will begin on the day after your current Marcus Referred Rate expires based on the terms and conditions of that Marcus Referred Rate. Only one Marcus Referred Rate will be applied to your OSAs at any given time. Upon expiration of a Marcus Referred Rate, the APY on your OSA will automatically revert to the stated APY available at www.marcus.com. APY may change at any time, before or after an account is opened.

Any other Marcus by Goldman Sachs referral programs will be treated as a separate referral program with separate terms, offer period, and/or benefits. We reserve the right to revoke or modify this program at any time without notice, which could include changing the type of promotion awarded or the amount of any promotional rate. If we determine that you have engaged in or plan to engage in abuse or gaming in connection with this offer, you will not be eligible for this offer.