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 1.90% APY

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No minimum deposit

12-month High-Yield CD - Earn 2.10%

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$500 Minimum Balance

13-month No-Penalty CD - Earn 1.85%

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No early withdrawal penalty

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Open a CIT Bank 1.85% APY Savings Builder High Yield Savings Account

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Certificate of Deposit

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2.10% APY for 12-month term
2.15% APY for 24-month term
2.20% APY for 5-year term

Rewards Checking

Up to 1.25% APY
No minimum balance requirements
No fees to open or maintain account
Overdraft Protection
Daily Compounding Interest
FDIC insured

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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

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Open Spend and Save Account - Earn up to 1.00% APY

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Cash back on all debit card purchases
Up to 1.00% APY on savings
No ATM fees

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

Related: Best Online Savings Account

In-Depth Review

Highlights

Savings
1.90% 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 Bank

CD
0.60% to 2.35% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.10%. $500 minimum to open. No monthly service fee.

Customer Service
Monday - Friday: 7:00 am - 9:00 pm (ET)
Saturday - Sunday: 9:00 am - 7:00 pm ET

Compare: Marcus vs Discover Bank

Mobile App
None

ATMs
None

Locations
Online Only

Compare: Marcus vs Chase

Information including rates, fees, terms, and benefits was obtained on November 10, 2019 from published websites and is believed to be accurate, but not guaranteed.

	Marcus by Goldman Sachs	Ally Bank


	Benefits and Features
Savings	1.90% APY. $0 to open; $1 to earn stated APY. No fees to open or maintain account. No minimum daily balance requirement.	1.80% APY. No monthly service fee and no minimum deposit.
CD	0.60% to 2.35% APY. Terms of 6 months to 6 years. 12-month CD APY of 2.10%. $500 minimum to open. No monthly service fee.	0.75% to 2.25% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.00%. No minimum deposit to open.
Checking		0.10% APY under $15,000; 0.50% 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		0.75% APY. No monthly service fee and no minimum deposit.
Customer Service	Monday - Friday: 7:00 am - 9:00 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 November 10, 2019 from published websites and is believed to be accurate, but not guaranteed. Ally Bank: Pricing information from published website as of 11/10/2019.

Marcus Alternatives

Open a CIT Bank 1.85% APY Savings Builder High Yield Savings Account

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Online Savings Account - Earn 1.80% APY

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No fees
No minimum opening deposit
No minimum balance required

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 in minutes
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

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Rewards Checking

Up to 1.25% APY
No minimum balance requirements
No fees to open or maintain account
Overdraft Protection
Daily Compounding Interest
FDIC insured

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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

Get Deal

Articles on Marcus by Goldman Sachs

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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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