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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 1.70% APY

    No minimum deposit

    12-month High-Yield CD - Earn 2.15%

    $500 Minimum Balance

    13-month No-Penalty CD - Earn 1.65%

    No early withdrawal penalty

Compare Promotions

    CIT

    Savings Builder High Yield Savings - 1.80% APY

    Earn up to 1.80% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month.

    Discover

    Certificate of Deposit

    • 2.00% APY for 12-month term
    • 2.05% APY for 24-month term
    • 2.10% APY for 5-year term
    HSBC

    HSBC Advance Checking - Up to $350 Cash Back

      Get up to $350 with a 2% Cash Back Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
    • Open your new HSBC Advance checking account by March 1, 2020; and
    • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
    • Enjoy 2% Cash Back on Qualifying Direct Deposits into your new HSBC Advance checking account, up to $30 per month, during the first 12 calendar months after account opening — up to $350
    • You will automatically receive the 2% Cash Back in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
    • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
    Expires 3/1/2020
    Discover

    Online Savings Account - Earn 1.70% APY

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

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
    1.70% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.
    Compare: Marcus vs CIT
    CD
    0.60% to 2.30% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.15%. $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 January 22,2020 from published websites and is believed to be accurate, but not guaranteed.

 

Marcus by Goldman Sachs

Ally Bank

 

Benefits and Features

Savings1.70% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.
1.60% APY
CD0.60% to 2.30% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.15%. $500 minimum to open. No monthly service fee.0.75% to 2.15% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.00%
Checking 0.10% APY under $15,000; 0.50% APY $15,000 or more
Money Market 
0.75% APY
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 January 22,2020 from published websites and is believed to be accurate, but not guaranteed.

Ally Bank: Pricing information from published website as of 01/22/2020.


Marcus Alternatives

    CIT

    Savings Builder High Yield Savings - 1.80% APY

    Earn up to 1.80% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month.

    Discover

    Online Savings Account - Earn 1.70% APY

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

    Chase Sapphire℠ Checking

    • Enjoy a $1,000 welcome bonus when you join Sapphire℠ Banking. Within 45 days, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts, (excludes any J.P. Morgan retirement accounts and CDs) and maintain that balance for 90 days.
    • Enjoy a new kind of banking experience
    • No ATM fees worldwide - down the street or around the globe
    • Perks that add up - relationship rates, special access and help when you need it
    • Open online
    • Email my upgrade code
    • Available in: AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KY, LA, MA, MD, MI, MS, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WI, WV
    Huntington

    Asterisk-Free Checking Account - $150 Bonus

    Open a Huntington Asterisk-Free Checking account online. Make total deposits of at least $1,000 within 60 days of account opening. Your bonus of $150 will be deposited in your Asterisk-Free checking account after all requirements are met and your account is open for 90 days. This offer is available to applicants residing in Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia.

    HSBC

    HSBC Advance Checking - Up to $350 Cash Back

      Get up to $350 with a 2% Cash Back Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
    • Open your new HSBC Advance checking account by March 1, 2020; and
    • Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
    • Enjoy 2% Cash Back on Qualifying Direct Deposits into your new HSBC Advance checking account, up to $30 per month, during the first 12 calendar months after account opening — up to $350
    • You will automatically receive the 2% Cash Back in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
    • Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
    Expires 3/1/2020

Articles on Marcus by Goldman Sachs

    GS 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.

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