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Marcus by Goldman Sachs Review
Marcus is Goldman Sachs' consumer banking arm, focused specifically on savings accounts and CDs — it doesn't offer checking accounts, making it a savings-and-CD-only option rather than a full-service bank.
What Makes Marcus Stand Out
Marcus has built a reputation for consistently competitive rates without gimmicky introductory offers that drop after a few months. Its CDs include a 10-day rate guarantee — if rates rise within 10 days of opening, you automatically get the higher rate.
Marcus's Core Products
| Product | Minimum | Standout Feature |
|---|---|---|
| Online Savings | $0 | Consistently competitive rate |
| High-Yield CDs | $0 | 10-day rate guarantee |
| No-Penalty CD | $0 | Withdraw penalty-free after 7 days |
Who Marcus Is Best For
Marcus is a strong fit if you specifically want savings or CDs without needing a checking account — pair it with a separate checking account elsewhere for full banking coverage.
What to Watch For
Marcus doesn't offer checking accounts or a debit card, so it can't serve as your only bank — plan to maintain a checking account with another provider alongside it.
Frequently Asked Questions
No — Marcus focuses exclusively on savings accounts and CDs. You'll need a separate checking account elsewhere for everyday spending and bill payments.
If Marcus raises its CD rate within 10 days of you opening the account, you automatically receive the higher rate — a protection most competitors don't offer.