Boost your savings with a Marcus Online Savings Account

4.50% APY

Online Savings Account
Annual Percentage Yield
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  • Earn a rate that's 8X 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.
  • Earn a rate that's 8x 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.
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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 February 21, 2024. 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 January 16, 2024. See the FDIC website for more information.

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
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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.

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.

Marcus Online Savings Account potential interest vs. other banks

Choose up to 4 banks to compare

Annual Percentage Yield (APY) as of February 21, 2024. APY may change at any time before or after account is opened. Maximum balance limits apply

This calculator is for illustrative purposes only and may not apply to your individual circumstances. Calculated values assume that principal and interest remain on deposit and are rounded to the nearest dollar. All APYs are subject to change.

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 as reflected in the FDIC’s published National Rates and Rate Caps for Savings deposit products, accurate as of January 16, 2024. See the FDIC website for more information. Rates of selected banks as reported by Informa Financial Intelligence, www.informars.com. Informa has obtained the data from the various financial institutions that its tracks and its accuracy cannot be guaranteed. This calculator does not include all savings accounts available in the marketplace.

Our rate as of February 21, 2024.
Comparison banks’ rates as of February 20, 2024.
National Average rate effective as of January 16, 2024.

Annual Percentage Yield (APY) as of February 21, 2024. APY may change at any time before or after account is opened. Maximum balance limits apply

This calculator is for illustrative purposes only and may not apply to your individual circumstances. Calculated values assume that principal and interest remain on deposit and are rounded to the nearest dollar. All APYs are subject to change.

See what others are saying

#1 No-Hassle High-Rate Savings Account

"Marcus is considered one of the OGs in the high-yield savings account realm, and it shows (in a good way)."

Read more on investor.com

Best Savings Accounts for 2024

"No fees to worry about."

Read more on My Banktracker

See what our customers are saying about our Online Savings Account

Add a High-Yield CD: 14-months 5.25% APY

Take advantage of our Special Promotional CD term and lock in this great rate. $500 minimum. Rate may change before account is opened & funded. Promotional term expires 4/17/24.

Have questions? We have answers.