The high-yield Online Savings Account you deserve

Traditional savings accounts are more like storage accounts, often paying interest rates that start with zero. Instead of letting your money gather dust in a lower-rate account, try Marcus. Backed by the financial expertise of Goldman Sachs, our high-yield Online Savings Account rate is 4X the national average.

 

  • US-based Contact Center open 7 days a week
  • No fees, including monthly service fees
  • No minimum balance
  • FDIC insured

Online Savings Account

2.15
%
APY

Annual Percentage Yield (APY) as of August 19, 2019. APY may change at any time before or after account is opened. Maximum balance limits apply. A maximum of six (6) withdrawals or transfers per monthly statement period are allowed.

 

Our rates as of August 19, 2019
Comparison banks' rates as of August 13, 2019

 

The comparison is limited to the largest US banks and does not include rates of other online banks. Rates of the selected banks were obtained from Informa Research Services, www.informars.com, and reflect New York high yield savings rates for similar products offered at the select banks with a minimum balance of at least $2,500. Informa has obtained the data from the various financial institutions that it tracks and its accuracy cannot be guaranteed.

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 Research Services, www.informars.com. Informa has obtained the 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  May 1, 2019. Our rate for purposes of this comparison as of May 1, 2019.

  

What's a high-yield Online Savings Account?

Traditional savings accounts are more like storage accounts, often paying interest rates that start with zero. Instead of letting your money gather dust in these lower-rate accounts, the rate on a Marcus high-yield Online Savings Account could really make a difference to your bottom line. Plus, the Marcus Online Savings Account has no fees, so you keep every dollar you earn. How do we do it? To start, we don’t have any branches, so we're able to offer our customers high rates – while providing convenient online banking backed by our 7-days-a-week, US-based Contact Center (just in case you want to talk to a real person).

Switch to Marcus and leave your lower-rate savings account behind

Our high-yield Online Savings Account has a competitive rate and no fees. But a great savings account is more than simply a great rate. At Marcus, our Online Savings Account gives you the convenience of online banking plus the customer service you deserve:

  • Sign up in minutes from mobile, desktop or telephone
  • Link accounts easily to transfer funds
  • Begin earning interest the day your deposit is received
  • US-based Contact Center: Talk to a real person, 7 days a week
  • FDIC insured

Get started with Marcus

See how much you could earn

Take a look at what a high-yield Online Savings Account could do for your savings. Try our calculator below – it’s like getting a sneak peek at your financial future…with just a few clicks.

Link your Marcus account to your current bank

It’s easy to schedule transfers between your Marcus Online Savings Account and your checking or savings accounts at other banks. Open an account now

Do you know the interest rate on your savings account?

You might be surprised when you compare the savings account rate at your current bank to what you could earn with a Marcus Online Savings Account. In fact, Marcus took to the streets of New York City to see people’s reactions when they heard what they could be earning with Marcus. Many of them were shocked.

Get started with Marcus