Available for people nationwide, Marcus by Goldman Sachs is offering a High-Yield Online Savings Account with 0.50% APY.
Continue reading below to learn everything you need to know about Marcus by Goldman Sachs.
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About Marcus by Goldman Sachs Savings Review
This bank was established in 1990 and renamed in 2017. Marcus by Goldman Sachs is owned by the Goldman Sachs Group, Inc., a multinational firm founded in 1869 and headquartered in New York, NY. This bank is an online bank available nationwide.
With such a great APY rate you can earn big! They are committed to offering efficient banking products with personal customer service.
I’ll review Marcus by Goldman Sachs Savings below.
Marcus by Goldman Sachs Online Savings 0.50% APY Rate
- Account Type: High-Yield Online Savings
- Interest Rate: 0.50% APY
- Minimum Balance: $2,500
- Maximum Balance: None
- Availability: Nationwide
- Credit Inquiry: Unknown
- Opening Deposit: None
- Credit Card Funding: Unknown, let us know
- Monthly Fee: None
- Early Termination Fee: None Listed
- Additional Information: Not available at Amboy branches. Offer code required
American Express® High Yield Savings Account - You earn 0.60% interest rate along with no minimum deposits or monthly fees. Amex High Yield Savings account has been my favorite Hub account for the past 5 years. Using this account to Pull/Push your money is absolutely necessary when you have many accounts. Here's why:
*No dollar limitations for ACH transfers - When you find a top bank rate account, you don't want to be limited to just $5K or $10K transfers. Amex Savings will let you transfers as much as you want whether you are pulling or pushing money from and to an external bank account.
*1 to 2 business days ACH transfers speed - With top-notch user interface, you get your money to another external account or pull money from another bank account within a day or two.
*No loss of interest during transfers - On the day you initiate your transaction on the high yield savings account website, the funds will be reflected in your Current Balance and begin earning interest.
Some other features from American Express High Yield Savings Account include Free Wire Transfers, 3 maximum linked accounts, and maximum 6 ACH withdrawals per month.
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The Axos Bank and CIT Bank accounts offer great rates available nationwide which I recommend.
|Chase SavingsSM||$150 Cash||Review|
|Axos My Savings Builder||Up to 0.70% APY||Review|
|Axos Bank High Yield Savings||0.61% APY||Review|
|Axos Bank High Yield Money Market||0.60% APY||Review|
|American Express High Yield Savings||0.60% APY||Review|
|CIT Bank Money Market||0.55% APY||Review|
|Discover Bank Online Savings||0.50% APY||Review|
Marcus by Goldman Sachs ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section
Marcus by Goldman Sachs Savings Account Features
- Earn a great, guaranteed 0.50% APY for one year
- Minimum balance of $2,500
- FDIC Insured
|Balance Requirement||APY Rate|
|+ $2,500||0.50% APY|
Why You Should Sign Up for this Account
- No monthly service fees
- No minimum balance requirement
- Same-day transfers of $100,000 or less to/from other banks
- Link other bank accounts for incoming and outgoing transfers
- Contact center open 7 days a week
- FDIC Insured
Compare to Other Banks
If you are interested in earning a high return on your funds, you should consider Marcus by Goldman Sachs and take advantage of their great offer of 0.50% APY rate.
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Marcus by Goldman High-Yield Online Savings.