Marcus by Goldman Sachs savings account rates

Written by

Matthew Goldberg

Edited by

Marc Wojno, MBA

Updated February 19, 2025

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Marcus by Goldman Sachs is an online bank that offers a high-yield savings account. Though you may find a slightly higher savings yield elsewhere, Marcus does offer competitive interest rates and other conveniences, including no fees and no minimum deposit to open an account.

Marcus by Goldman Sachs received high marks on its high-yield savings account in our in-depth bank review.

Marcus savings account interest rates

Here’s a breakdown of the Marcus online savings account.

Product Name	APY	Min. for APY
Savings	3.90% APY	$0

Note: The annual percentage yield (APY) was last updated between Feb. 14 and Feb. 20 and may vary by region.

Rate history for Marcus' savings account

See how rates for this account have changed over time. Interact with the trend lines to view APY by date.

Marcus

APY

APY last updated between 2/14 and 2/20.

National average APY

How do we get this data?

Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.

How Marcus savings interest rates compare with top-yielding online banks

The high-yield online savings account offered by Marcus is competitive, though some other online banks offer higher interest rates. The Marcus app earns high marks in Apple’s App Store and on Google Play. It allows users to check balances, schedule transfers, make loan payments and more. If you are weighing savings account options, it’s important to compare the best savings rates that the market has to offer.

Other savings options at Marcus

In addition to its high-yield savings account, Marcus also offers standard certificates of deposit (CDs) with competitive yields that can help you save for your future, with nine terms ranging from six months to six years. CD interest is compounded daily rather than monthly or quarterly.

Savers can also choose from three terms of no-penalty CDs that don’t charge early withdrawal fees, provided the account has been funded for at least seven days.

Matthew Goldberg Senior Consumer Banking Reporter

Matthew Goldberg is a consumer banking reporter at Bankrate where he uses his more than 14 years of financial services experience to help inform readers about their important personal finance decisions.

Date Bankrate gathers rate data either directly from our partners, or through our proprietary rate surveying service. The rate change date is based on when Bankrate received or captured the rate change and may differ from the actual date the rate changed.	Marcus APY APY last updated between 2/14 and 2/20. APY last updated between 2/14 and 2/20	National average APY The “national average” is determined by Bankrate’s comprehensive national survey of savings accounts and CDs and reflects the monthly average APY for each product.
02/04/2025	3.90%	0.61%
01/07/2025	3.90%	0.56%
12/04/2024	3.90%	0.57%
10/11/2024	4.10%	0.57%
10/01/2024	4.25%	0.57%
09/25/2024	4.25%	0.61%
09/03/2024	4.40%	0.61%
05/07/2024	4.40%	0.59%
04/03/2024	4.40%	0.58%
04/02/2024	4.50%	0.58%
03/05/2024	4.50%	0.57%
02/27/2024	4.50%	0.59%

Marcus by Goldman Sachs savings account rates

The Bankrate promise

Marcus savings account interest rates

Rate history for Marcus' savings account

How Marcus savings interest rates compare with top-yielding online banks

Other savings options at Marcus