High-yield Online Savings Account

Our award-winning savings account provides a rate that’s 4X the National Average (try our Calculator), is easy to set up and offers convenient 24/7 account access online or via the Marcus app – all backed by the financial expertise of Goldman Sachs.

  • No fees and no minimum deposit
  • Same-day transfers of $100,000 or less to/from other banks
  • Link other bank accounts for incoming and outgoing transfers
  • Contact Center available 7 days a week
  • FDIC insured

Minimum to open:


Annual Percentage Yield:


Monthly Service Fees:


The national average rate referenced is from the FDIC's published National Rates and Rate Caps for Savings deposit products, accurate as of January 17, 2023. See the FDIC website for more information.

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.  

How to open an account

It takes just minutes to start saving for your future

Click Open an Account

Begin our secure (and fast) account opening process


Enter your information

Including your name, address, date of birth and Social Security Number


Transfer funds

Link to your account at another bank

Savings Interest Calculator: See How Much Interest You Could Earn

Try our savings interest calculator to see how much interest you could be earning with a Marcus Online Savings Account vs. other banks. Our savings interest calculator is designed with transparency in mind to help you achieve your financial goals. 

Annual Percentage Yield (APY) as of March 21, 2023. APY may change at any time before or after account is opened. 

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 high yield 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 its 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 March 14, 2023.


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

See what our customers are saying about our Online Savings Account

With our award-winning Online Savings Account, your financial future starts now

No minimum deposit to open

A little flexibility means there's no reason to wait

No fees

Why pay to save your own money?

Security you can trust

Rest easy knowing your accounts are FDIC-insured

Got questions?

Get answers and information about growing your savings at Marcus.

We’re here to help

Savings Specialists are available Monday to Friday from 8 am – 10 pm ET and Saturday to Sunday from 9 am – 7 pm ET