Marcus by Goldman Sachs review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Marcus by Goldman Sachs suits US savers who want easy-access savings with no monthly charge and no minimum deposit. It pays a variable rate of 3.5% on deposits held by a US bank, and it scores well on cost, with the offer resting on a rate that can move.
Key facts
- Best for
- US savers wanting no monthly fee, no minimum deposit and deposit insurance on easy-access money.
- Headline rate
- 3.5%↗
- Rate type
- Variable↗
- Minimum deposit
- $0↗
- Deposit protection
- FDIC up to USD 250,000↗
- Access terms
- On-demand access, no withdrawal limit, same-day transfers of $100,000 or less↗
- Monthly fee
- $0↗
- Account kind
- Easy access↗
- Legal entity
- Goldman Sachs Bank USA↗
- Headquarters
- United States↗
- Support channels
- Phone, Chat, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- marcus.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Monthly fee of $0 and a minimum deposit of $0 mean small balances cost nothing to hold
- Deposits sit with Goldman Sachs Bank USA and carry FDIC up to USD 250,000
- Access is on demand with no withdrawal limit, so money leaves when it is needed
- Support runs through phone, chat and help centre, so help is not tied to a single channel
Cons
- The rate is variable, so the 3.5% headline can fall as base rates move
- A US account only, with the provider based in the United States
Who it suits
- US residents keeping a cash buffer they want on demand
- Savers starting small, since the minimum deposit is $0
- Anyone who prefers bank deposit insurance over a wallet balance
Who should look elsewhere
- People wanting a fixed-term return, since the rate is variable
- Savers outside the US, as the account is based in the United States
- Those after a card-led offer such as AXI Card Tarjeta y Credito, listed at 21.59%
Fees and currency costs
The monthly fee on this easy-access savings account is $0, and the product runs as a no monthly fee account, which keeps it at the free end of the savings market. The minimum deposit is $0, so an account can be opened and filled gradually rather than with a lump sum. Across the market, monthly fees range from €0 to €449, with a median of €0.
How Marcus by Goldman Sachs compares
9.2 vs 8.6
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9.2 vs 9.1
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9.2 vs 8.7- 9.2 vs 8.0
9.2 vs 9.0
9.2 vs 8.1
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9.2 vs 8.0
9.2 vs 9.5
9.2 vs 9.4
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9.2 vs 9.2
9.2 vs 9.0
9.2 vs 8.7
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.5
9.2 vs 8.4
9.2 vs 8.3
9.2 vs 9.0
Where Marcus by Goldman Sachs is available
- Available
- United States
- Licence in United States
- FDIC (Federal Deposit Insurance Corporation) - deposit insurance, Goldman Sachs Bank USA (33124), checked September 26, 2026
- Licence in United States
- FDIC (FDIC cert 33124), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What rate does Marcus pay on savings?+
Marcus pays a headline rate of 3.5% on its high-yield savings account, and that rate is variable. A variable rate moves with base rates rather than being fixed for a term, which suits savers who keep money accessible and can accept a changing return.
Is there a monthly fee or a minimum deposit?+
The monthly fee is $0 and the account is run as a no monthly fee product. The minimum deposit is $0, so nothing has to be lodged before an account is funded, which makes saving a little at a time practical.
Where is my money held and is it protected?+
The account is provided by Goldman Sachs Bank USA, based in the United States, and deposits carry FDIC up to USD 250,000. The provider appears on the FDIC register as FDIC cert 33124, so eligible deposits sit under federal deposit insurance rather than a payment institution balance.
How quickly can I get my money out?+
Access is on demand with no withdrawal limit, and transfers land the same day. Because the account kind is easy access, there is no notice period to serve, so money can be reached whenever it is needed rather than at a set date.
Who can open a Marcus savings account?+
Marcus is a US service, with the provider headquartered in the United States and the legal entity given as Goldman Sachs Bank USA. The savings account is therefore aimed at US savers, and people banking in other markets would look at a provider local to them.
How do I get help if something goes wrong?+
Support is offered through phone, chat and help centre, which covers several routes rather than one. Phone and chat sit alongside a help centre, so a question about a transfer or the variable rate can be raised in whichever way is easiest, with no extra charge attached.
How does this rate compare with other savings accounts?+
The 3.5% rate sits above the savings-account median of 3.08%. It ranks 184 out of 473 brands on headline rate, so the return is competitive without being the highest on the list.
Sources
- banks.data.fdic.gov/bankfind-suite/bankfind/details/33124 checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“CERT=33124; NAME=Goldman Sachs Bank USA; WEBADDR=www.marcus.com; ACTIVE=1”
- marcus.com/us/en/banking-with-us/contact-marcus checked September 26, 2026
Backs: Support channels
“US Toll-Free: 1-855-730-7283 ... 24 hours a day / 7 days a week ... Marcus customers can chat with us 24 hours a day / 7 days a week ... Deposit Accounts FAQs”
- marcus.com/us/en/faqs checked September 26, 2026
Backs: Deposit protection, Monthly fee
“We do not charge fees for transfers to or from your Online Savings Account.”
- marcus.com/us/en/savings/high-yield-savings checked September 26, 2026
Backs: Access terms, Headline rate, Minimum deposit, Pricing model
“Unlimited access to funds. ... At this time, there is no limit to the number of withdrawals or transfers you can make from your Online Savings Account.”
- marcus.com/us/en/savings/referrals checked September 26, 2026
Backs: Account kind, Rate type
“Everyday high-yield rate - currently 3.50% APY. Unlimited access to funds. No fees. No minimum deposit.”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Term.
Related by the facts
Marcus by Goldman Sachs
US savers wanting no monthly fee, no minimum deposit and deposit insurance on easy-access money.