Is Marcus by Goldman Sachs a good bank?

However, if you can get your everyday banking needs met from a different bank or credit union, Marcus by Goldman Sachs can potentially help you earn better rates on your savings. It offers some of the highest APYs currently available for an online savings account with no minimum deposit. Here’s how it compares to other top online banks.

What is a Marcus savings account bonus?

Marcus by Goldman Sachs High-Yield Certificates of Depositcome in terms ranging from six months to six years and offer some of the best CD rates. A Marcus savings account bonus can help boost your savings balance. Keep in mind banks change bonus and promotional offers frequently.

Does Goldman Sachs offer a high-yield savings account?

Marcus, the consumer banking arm of Goldman Sachs, offers a financial product that fits this description. The Marcus by Goldman Sachs High Yield Online Savings ranked as the “best for no fees” pick on CNBC Select’s top high-yield savings account list.

Can I deposit a check into my Marcus savings account?

One drawback of the Marcus mobile app is that you can’t use it to deposit checks. If you want to deposit a check into your Marcus savings account, you need to endorse the check, then mail it to Goldman Sachs Bank USA at an address in Illinois.