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Marcus by Goldman Sachs Review

Best High-Yield Savings Account

4.7/ 5.0
High-Yield APY4.50% APY
Minimum Balance$0
Monthly FeesNone
InsuranceFDIC insured

Top Pick · Savings

Marcus Savings

High-yield savings · FDIC insured

No minimums
Open Account
CalcMoney Editor's Take

Marcus is the gold standard for high-yield savings: Goldman Sachs backing, FDIC insurance, zero fees, and consistently competitive APY. It's our top pick for emergency funds and short-term savings goals.

Pros

  • Consistently top-tier APY among online savings accounts
  • No minimum balance, no fees — ever
  • FDIC insured up to $250,000
  • Backed by Goldman Sachs financial strength
  • Easy transfers to/from external checking accounts

Cons

  • No checking account or debit card
  • No ATM access (savings only)
  • No mobile check deposit

Best For

Emergency fund storageShort-term savings goalsAnyone earning under 1% at a traditional bank

Run the Numbers First

+12.5%$245K
Compound Interest Calculator
CPI+3.4%
Inflation Calculator
FIRE@42$1.2M
Savings Goal Calculator

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Advertiser Disclosure: CalcMoney may earn a commission if you open an account or apply through links on this page. This does not affect our editorial ratings or recommendations.

APY as of publication date and subject to change. FDIC insured up to $250,000 per depositor.