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	Marcus by Goldman Sachs


	SPECIAL OFFER Rewards Checking - Up to 3.30% APY - Learn More Read Axos Bank Review	SPECIAL OFFER Marcus Online Savings - Earn 4.15% APY - Learn More Read Marcus Review
	Benefits and Features
Savings	0.61% APY (balances under $25k); 0.25% APY ($25K-$100K); 0.15% APY ($100k and over)	4.15% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.
CD	0.20% APY. Terms of 3 months to 5 years. $1,000 minimum	3.70% to 4.75% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.75%. $500 minimum to open. No monthly service fee.
Checking	Rewards Checking: Up to 3.30% APY Cashback Checking: Up to 1% cashback	N/A
Money Market	0.25% APY	N/A
Customer Service		Mon - Sat: 8 am - 10 pm ET Sat - Sun: 9 am - 7 pm ET
Mobile App		iOS & Android
ATMs		None
Locations		Online Only
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
ATMs
Locations
Pros & Cons	Pros: Checking with rewards No monthly fee Domestic ATM rebates Cons: Low CD rates No physical branches
Bottom Line	Full-service online bank with excellent cashback and interest checking... Read full review	Read full review

	Rewards Checking - Up to 3.30% APY Basic Business Checking - $100 Bonus Essential Checking	Marcus Online Savings - Earn 4.15% APY 12-month High-Yield CD - Earn 4.75% APY 13-month No-Penalty CD - Earn 4.25% APY
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 02/21/2023. Marcus: Information including rates, fees, terms, and benefits was obtained on May 20, 2023 from published websites and is believed to be accurate, but not guaranteed.

Member FDIC

Rewards Checking - Up to 3.30% APY

Get Deal

Use the promo code RC100 when you apply for a Rewards Checking account by 06/30/23. Then have qualifying direct deposit(s) to earn up a $100 welcome bonus!
Up to 3.30% 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

Member FDIC

Basic Business Checking - $100 Bonus

Get Deal

Business owners get up to $100 welcome bonus!*
Choose smarter business banking by June 30 and enjoy up to $100.* Just use promo code SBIZ100 on your application.
Zero opening deposit and cash deposits accepted
Zero minimum monthly balance requirements
Two domestic wire reimbursements monthly
Unlimited domestic ATM fee reimbursements
Enhanced Visa benefits and first 50 checks free
Dedicated relationship manager and more

Member FDIC

Essential Checking

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

Get Deal

Which is Better: Axos Bank or Marcus?

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