High Yield Savings

Their award-winning savings account provides a rate that is 4X the national average.


How you make money

Deposit your money into the high yield savings account and start earning 0.50% APY. The interest is compounded daily and credited monthly to your account. Interest is calculated using the daily balance method. This method applies a daily periodic rate to the principal and interest that has accrued in the account each day. This means that the interest from your account is calculated every day on a 365-day year/ 366-day for leap years.

How Marcus by Goldman Sachs makes money

There are no fees to use the Marcus High Yield Savings Account. As a bank, Goldman Sachs makes money through the interest they make on loans and other banking fees.


Marcus savings accounts are provided by Goldman Sachs Bank USA. Goldman Sachs Bank USA is an FDIC member, which means that funds deposited in Marcus savings accounts are insured up to the maximum allowed by law, which is currently $250,000 for all your individually-owned accounts combined, $250,000 per owner for all your jointly-owned accounts, and $250,000 per beneficiary for accounts with payable-on-death (POD) designations.

Things to know

  • You make money onInterest
  • Payout frequencyMonthly
  • LiquidityEasy
  • Fees0%
  • Term of investmentZero
  • Open toAll Investors


  • Country availabilityUS only
  • Established2016
  • Assets under managementUnknown
  • Mobile ApplicationIOS, Android

Investment Return Calculator

Calculate your estimated return to reach your investment goals.




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Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

Is it Safe?

Low risk

Minimum Investment


Target Return




Why Invest

  • Interest compounded daily
  • No minimums, no monthly fees
  • Easily set up recurring deposits

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