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Marcus by Goldman Sachs

Marcus Online Savings

Falling
by Marcus by Goldman SachsFDIC Insured
SW
SwitchWize Expert Verdict

The cleanest, most trustworthy HYSA — zero complexity, Goldman Sachs backing.

Marcus does not always top the rate charts, but it consistently sits in the top tier with fewer strings attached than almost anyone else. No direct deposit required. No minimum. No fees — ever. The rate consistently sits near the top tier without requiring direct deposit, minimum balances, or teaser

Bottom line: Marcus is the no-nonsense HYSA. Not always #1, always top-5, zero conditions. The right choice if you want simplicity.
3.65%
APY
#2
Category rank
$0
Min. balance
3.65%
APY · Updated Apr 19
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FDIC insured up to $250,000
Low switching friction
Ranked #2 in High Yield Savings

Expert Analysis

Marcus does not always top the rate charts, but it consistently sits in the top tier with fewer strings attached than almost anyone else. No direct deposit required. No minimum. No fees — ever. The rate consistently sits near the top tier without requiring direct deposit, minimum balances, or teaser conditions.

SwitchWize Research

Best for

  • Savers who want a top rate with zero conditions
  • Emergency funds where you need guaranteed access without direct deposit requirements
  • Anyone who values Goldman Sachs brand trust

Not ideal for

  • Savers who want a full banking relationship — Marcus is savings-only
  • People chasing the absolute top rate — SoFi currently edges it out