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Marcus by Goldman Sachs Promotions

Read our in-depth review of Marcus.

If you're looking for bank promotions, you must check out these offers.

    Marcus Online Savings - Earn 2.15% APY

    No minimum deposit

    12-month High-Yield CD - Earn 2.50%

    $500 Minimum Balance

    13-month No-Penalty CD - Earn 2.35%

    No early withdrawal penalty

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About Marcus by Goldman Sachs

Marcus is the online bank offered by the investment giant, Goldman Sachs. It offers savings products with very competitive rates and no minimum deposit and no services fees.

Marcus by Goldman Sachs offers online savings and CDs. There are no maintenance fees on any of the deposit accounts.

What to Open at Marcus

  • Online Savings Account. Marcus offers a high competitive rate on their online savings account. There is no minimum to open and you only need $1 to earn the stated APY. There are no service fees.

  • Term CDs. The 12-month term CD offers one of the best rates on the market. Longer terms offer higher APYs. The minimum to open is $500. But you can continue to add funds into it for 30 days after account opening.

  • No-Penalty CD. If you're not sure about tying up your funds, Marcus offers a 13-month no-penalty CD with an excellent rate. You get the flexibility to withdraw your balance and interest earned without being penalized. The minimum to open is $500.

What You Need to Know About Marcus

In exchange for high rates, Marcus does away with a lot of features. Note that there are:

  • No mobile deposits. If you want to make a deposit, you'll have to do so either by mail or by depositing into an external account and then make a transfer online.

  • No checking accounts

  • No ATM card or ATM network

  • No physical branches

  • No mobile app

    Highlights

    Savings
    2.15% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.
    CD
    0.60% to 2.85% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.50%. $500 minimum to open. No monthly service fee.
    Customer Service
    Monday - Friday: 8:00 am - 10:00 pm (ET)
    Saturday - Sunday: 9:00 am - 7:00 pm (ET)
    Mobile App
    None
    ATMs
    None
    Locations
    Online Only

Information including rates, fees, terms, and benefits was obtained on July 18, 2019 from published websites and is believed to be accurate, but not guaranteed.

 Ally Bank
 Learn MoreLearn More
 

Marcus by Goldman Sachs

Ally Bank

 

Benefits and Features

Savings2.15% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.2.10% APY. No monthly service fee and no minimum deposit.
CD0.60% to 2.85% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.50%. $500 minimum to open. No monthly service fee.0.75% to 2.75% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.50%. No minimum deposit to open.
Checking 0.10% APY under $15,000; 0.60% APY $15,000 or more. No monthly service fee and no minimum deposit. Ally will refund ATM fees for other banks up to $10 per statement cycle.
Money Market 0.90% APY under $25,000; 1.00% APY $25,000 or more. No monthly service fee and no minimum deposit.
Customer ServiceMonday - Friday: 8:00 am - 10:00 pm (ET)
Saturday - Sunday: 9:00 am - 7:00 pm (ET)
24/7
Mobile App
None
 
ATMs
None
Over 43,000 no-fee Allpoint ATMs
Locations
Online Only
Online Only

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Marcus: Information including rates, fees, terms, and benefits was obtained on July 18, 2019 from published websites and is believed to be accurate, but not guaranteed.

Ally Bank: Pricing information from published website as of 07/17/2019.


Marcus Alternatives

    Discover Bank

    Online Savings Account - Earn 2.05% APY

    • No fees
    • No minimum opening deposit
    • No minimum balance required
    Chase

    Chase Total Checking® + Chase Savings℠

    • Enjoy up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase Savings℠ account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days
    • Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
    • Enjoy a $150 bonus when you open a new Chase Savings℠ account, deposit a total of $10,000 or more in new money within 20 days, and maintain a $10,000 balance for 90 days
    • Access to 16,000 Chase ATMs and nearly 5,000 branches
    • Apply online in minutes. Open your account online now.
    • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
    • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
    HSBC Bank

    HSBC Direct Savings - 2.30% APY

    • Earn 2.30% APY on all balance tiers
    • No monthly maintenance fee
    • Minimum balance to earn APY is $1
    • Member FDIC
    NBKC Bank

    NBKC Checking Account - 1.01% APY

    • Earn 1.01% APY
    • No monthly account fees
    • No minimum balance
    • No ATM fees at 32,000+ Moneypass ATMs and up to $12/month refund for any other ATM fees

Articles on Marcus by Goldman Sachs

    GS Bank Review

    November 24, 2018 - Reviews for Marcus
    Marcus by Goldman Sachs offers savings accounts and CDs at high interest rates. But don't expect accounts with a lot of bells and whistles. Read on for the pros and cons.

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