Marcus by Goldman Sachs Online Savings review

Marcus by Goldman Sachs Online Savings pays 3.50% APY as of November 11, 2026, which Marcus describes as 8 times the national average, and it charges no fees with no minimum deposit. The feature that sets it apart from most online banks is speed: Marcus offers same-day transfers of $100,000 or less to and from other banks, and interest starts on the day you initiate a deposit transfer. Support runs around the clock through a contact center open 24 hours a day, 7 days a week, and the page cites a J.D. Power ranking of first in customer satisfaction among high-yield savings accounts from online-only banks. A referral program adds a 1.00% APY boost for 3 months. The limits are worth knowing: the disclosure says maximum balance limits apply, and the page does not describe goal buckets or automatic round ups. If you want a simple, fee-free account that gets money in and out quickly, Marcus is the strongest bank-issued option after EverBank.

Who it is for

Savers who move money between banks often

Price

$0 fees, no minimum deposit; 3.50% APY as of November 11, 2026.

No fees. No minimum deposit. Same-day transfers of $100,000 or less to/from other banks.
Quoted from the vendor pricing page on November 12, 2026.

Key features

• 3.50% APY as of November 11, 2026
• No fees and no minimum deposit
• Same-day transfers of $100,000 or less to and from other banks
• Contact center available 24 hours a day, 7 days a week
• Refer a friend to earn a 1.00% APY boost for 3 months

Strengths and weaknesses

• Strength: Same-day transfers up to $100,000 to and from external banks
• Strength: Interest starts accruing the day a transfer is initiated
• Strength: Ranked first in customer satisfaction among online-only bank high-yield savings in a J.D. Power study cited on the page
• Weakness: Maximum balance limits apply, per the rate disclosure
• Weakness: The 1.00% boost only applies through referrals and lasts 3 months
• Weakness: The page does not describe savings buckets or round up tools

Key facts

• APY: 3.50% as of November 11, 2026
• Minimum deposit: None
• Fees: None
• Same-day transfers: Up to $100,000

Where it ranks

Marcus by Goldman Sachs Online Savings is No. 2 in our Best High Yield Savings Accounts verdict.