Marcus by Goldman Sachs Review: APYs, Fees & Who It's Best For in 2026
Marcus by Goldman Sachs launched as Goldman's bet on consumer banking, and while the parent company has scaled back some retail ambitions, the savings and CD lineup remains rock-solid. In 2026 the appeal is simplicity: no fees, no minimums, and rates that consistently sit near the top of the market.
2026 snapshot
- **Our rating:** 4.5 / 5
- **Best for:** High-yield savings and a class-leading No-Penalty CD
- **FDIC insured:** Yes, up to $250,000 per depositor, per ownership category
Products and features
Online Savings Account
Around 3.90% APY, no fees, no minimums, FDIC-insured.
High-Yield CDs
Terms from 6 months to 6 years with a 10-day rate-guarantee window.
No-Penalty CD
Withdraw your full balance and interest any time after the first 7 days — one of the best in the category.
What we like
- Consistently competitive APY
- 10-day CD rate guarantee — bump up if rates rise after you fund
- No-Penalty CD is genuinely flexible
Where it falls short
- No checking account, no debit card
- Mobile app is functional but minimal compared to Ally or SoFi
Bottom line
Marcus is the perfect 'savings sidecar' to whatever primary bank you use for checking. Hard to beat for parking cash.
> Rates and product terms shown reflect publicly available information at the time of our 2026 review and can change at any time. Always confirm current APYs and fees directly with the bank before opening an account.
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