Discover Bank vs Marcus by Goldman Sachs

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Marcus? Read our comparison chart below.

Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms. There are no service fees.

While 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.

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

	Discover Bank	Marcus by Goldman Sachs
	Member FDIC
	Visit Site	Learn More
	SPECIAL OFFER Online Savings Account - Earn 3.40% APY - Learn More Read Discover Bank Review	SPECIAL OFFER Marcus Online Savings - Earn 3.65% APY - Learn More Read Marcus Review
	Benefits and Features
Savings	3.40% APY	3.65% APY. $0 to open. No fees to open or maintain account. No minimum daily balance requirement.
CD	2.00% to 4.00% APY depending on terms	3.85% to 4.10% APY. Terms of 6 months to 6 years. 12-month CD APY of 4.00%. $500 minimum to open. No monthly service fee.
Checking		N/A
Money Market		N/A
Mobile App	iOS & Android	iOS & Android
ATMs	Over 60,000 no-fee ATMs	None
Customer Service	24/7	Mon - Sat: 8 am - 10 pm ET Sat - Sun: 9 am - 7 pm ET
Locations	Online Only	Online only
	CreditDonkey® Reviews

Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: High yield No fees 24/7 customer service
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review	Read full review
	Visit Site	Learn More
	Online Savings Account - Earn 3.40% APY Certificate of Deposit Discover® CD Rates	Marcus Online Savings - Earn 3.65% APY 14-Month High-Yield CD - 4.10% APY 6-Month High-Yield CD - 4.05% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 09/30/2025. Marcus: Information including rates, fees, terms, and benefits was obtained on October 04, 2025 from published websites and is believed to be accurate, but not guaranteed.

Member FDIC

Online Savings Account - Earn 3.40% APY

Get Deal

No fees
No minimum opening deposit
No minimum balance required

Member FDIC

Certificate of Deposit

3.50% APY for 6-month term
4.00% APY for 12-month term
3.80% APY for 18-month term
3.60% APY for 24-month term
3.60% APY for 36-month term
3.60% APY for 5-year term

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Member FDIC

Discover® CD Rates

No minimum opening deposit required
No fees
FDIC insured

Term	CD Rates
3 Months	2.00% APY
6 Months	3.50% APY
9 Months	3.50% APY
1 Year	4.00% APY
1.5 Years	3.80% APY
2 Years	3.60% APY
2.5 Years	3.60% APY
3 Years	3.60% APY
4 Years	3.60% APY
5 Years	3.60% APY
7 Years	3.50% APY
10 Years	3.50% APY

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Which is Better: Discover 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 Discover Bank or Wells Fargo.

Articles on Discover Bank

Discover Bank

Discover® Bank offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account.

Discover Savings Account Review

Make your money work with Discover® Bank high yield savings: high interest, no fees. Find out its benefits, drawbacks, and the easy way to open an account.

Discover CD Rates

Maximize returns with Discover® Bank lucrative CD rates - no hidden fees. Read this detailed review.

Discover Bank Locations

Wondering if there is a Discover® Bank near you? Read this article to find out.

Who Owns Discover

You've probably heard of Discover credit cards, but what exactly is Discover® Bank? Is it a legitimate bank? Read on for all the details.

Is Discover Bank a Good and Real Bank

Looking for a safe bank with great rates? This analysis of Discover® Bank reveals all - is it legit? Find out now.

Is Discover Savings Worth It

Is your money secure in a high-yield Discover® savings account? Get your answers now.

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.