Marcus by Goldman Sachs vs Ally Bank

Marcus is a great online savings account with high APY and no hidden fees. How does it compare to Ally Bank? Read our comparison chart below.

Marcus offers savings accounts, term CDs, and a no-penalty CD. It has no checking or ATM network. Savings account has no minimum deposit required to open while CDs have $500 minimum opening deposit. There are no service fees.

While Ally Bank offers high interest on their Savings account. It also offers interest checking and multiple CD options, including No Penalty and Raise Your Rate CDs. There is no minimum deposits or service fees for any of their banking products.

Compare Marcus with Ally Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.

	Marcus by Goldman Sachs	Ally Bank
	SPECIAL OFFER Marcus Online Savings - Earn 3.65% APY - Learn More Read Marcus Review	SPECIAL OFFER Online Savings Account - 3.30% APY - Learn More Read Ally Bank Review
	Benefits and Features
Savings	3.65% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement.	3.30% APY
CD	3.85% to 4.05% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.00%. $500 minimum to open. No monthly service fee.	3.00% to 3.75% APY. Terms of 3 months to 5 years. 12-month CD APY of 3.75%
Checking	N/A	0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market	N/A	3.30% APY
Mobile App	iOS & Android	iOS & Android
ATMs	None	75,000+ no-fee Allpoint and MoneyPass ATMs
Customer Service	Mon - Sat: 8 am - 10 pm ET Sat - Sun: 9 am - 7 pm ET	24/7
Locations	Online only	Online only
	CreditDonkey® Reviews
Savings
Fees
Mobile App
Customer Service
Pros & Cons	Pros: Competitive APY $0 monthly charges No minimum balance Cons: No physical locations No mobile check deposit
Bottom Line	Great online savings account with high APY and no hidden fees... Read full review	Read full review
	Marcus Online Savings - Earn 3.65% APY 6-Month High-Yield CD - 4.05% APY 12-Month High-Yield CD - 4.00% APY	Online Savings Account - 3.30% APY Money Market - 3.30% APY No Penalty CD
Marcus: Information including rates, fees, terms, and benefits was obtained on December 17, 2025 from published websites and is believed to be accurate, but not guaranteed. Ally Bank: Pricing information from published website as of 01/17/2026.

Which is Better: Marcus or Ally Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Marcus or CIT Bank.

Articles on Marcus by Goldman Sachs

Marcus by Goldman Sachs High Yield Savings

Saving up for something big? Grow your funds with Marcus Online Savings' impressive APY rate. Read on for more details.

Marcus CD Rates

Marcus has high-yield, no-penalty, and rate bump CDs. But are the rates competitive? Read on to find out.

Marcus vs CIT Bank

Articles on Ally Bank

Ally No Penalty CD

Ally Bank's No Penalty CD offers a competitive APY without early withdrawal penalties. Learn more about this CD here.

Ally Bank Locations

Ally is an excellent online bank with no physical locations. So, how can you access your funds? Read on to find out.

Ally High Yield Savings

Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

Ally Bank Problems

Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

Ally Savings vs Money Market

Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.