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Axos Bank vs Marcus by Goldman Sachs

Axos Bank is a full-service online bank with excellent cashback and interest checking. How does it compare to Marcus? Read our comparison chart below.

Axos Bank offers a range of checking and savings products. Checking options includes a up-to 1% cashback account and rewards checking account with a higher interest rate. Savings options include savings accounts and CDs with higher-than-average rates. All accounts have no monthly service fees.

While Marcus offers savings accounts, term CDs, and a no-penalty CD. It has no checking or ATM network. Savings account requires just $1 to earn stated APY while CDs have $500 minimum opening deposit. There are no service fees.

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

 Axos Bank
 Visit SiteLearn More
 

Axos Bank

Marcus by Goldman Sachs

SPECIAL OFFER
Rewards Checking - Up to 1.25% APY - Learn More

Read Axos Bank Review

SPECIAL OFFER
Marcus Online Savings - Earn 3.00% APY - Learn More

Read Marcus Review

 

Benefits and Features

Savings0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)3.00% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.
CD0.20% APY. Terms of 3 months to 5 years. $1,000 minimum3.25% to 4.25% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.00%. $500 minimum to open. No monthly service fee.
CheckingRewards Checking: Up to 1.25% APY
Cashback Checking: Up to 1% cashback
 
Money Market
0.25% APY
 
Customer Service 
  • Monday - Saturday: 8:00 am - 10:00 pm (ET)
  • Saturday - Sunday: 9:00 am - 7:00 pm ET
Mobile App 
None
ATMs 
None
Locations 
Online Only
 

CreditDonkey® Reviews

 Axos Bank
SavingsStarStarStarStarHalf Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarStar
Money MarketStarStarStarStarHalf Star
Mobile AppStarStarStarStarHalf Star
ATMsStarStarStarStarHalf Star
LocationsStarStarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Checking with rewards
  • No monthly fee
  • Domestic ATM rebates
Cons:
  • Low CD rates
  • No physical branches
Bottom LineFull-service online bank with excellent cashback and interest checking... Read full review Read full review
 Visit SiteLearn More

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

Axos Bank: Pricing information from published website as of 07/01/2020.

Marcus: Information including rates, fees, terms, and benefits was obtained on November 12, 2022 from published websites and is believed to be accurate, but not guaranteed.

Axos Bank
Member FDIC

Rewards Checking - Up to 1.25% APY

  • Use code HOLIDAY and apply by December 31st to earn a $150 bonus*!
  • Up to 1.25% APY
  • Zero monthly maintenance fees
  • Zero overdraft or NSF fees
  • Zero minimum monthly balance reqs
  • Unlimited domestic ATM fee reimbursements
  • Online debit card management
  • Simple, 3-step process for direct deposit
  • Only $50 to open an account
Axos Bank
Member FDIC

Basic Business Checking

  • New business owners get a $200 welcome bonus!
  • Zero monthly maintenance fees
  • Unlimited Transactions
  • Unlimited domestic ATM fee reimbursements
  • $0 Minimum Opening Deposit requirement
  • 2 Free Domestic Wires, monthly
  • Cash Deposit capability via MoneyPass and AllPoint networks
Axos Bank
Member FDIC

Essential Checking

  • Unlimited domestic ATM reimbursements
  • No monthly maintenance fees
  • No annual fee
  • No overdraft or non-sufficient funds fee

Which is Better: Axos Bank or Marcus?

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


Articles on Axos Bank

Axos Bank Review

Axos Bank offers full-service banking completely online with no fees. Find out below whether they can replace your traditional bank account.

Is Axos Bank Safe and Legit

Is Axos Bank safe and legit? Find out if Axos is a good bank and learn more about its pros, cons, and common complaints.

Articles on Marcus by Goldman Sachs

Marcus Bank Review

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.

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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