Marcus: By Goldman Sachs

Marcus: By Goldman Sachs

2018 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Goldman Sachs Bank USA
FDIC Certificate # 33124
Date Established 1990
Assets $177.47 billion
Loans $69.33 billion
Deposits $127.69 billion
Capital $26.61 billion
Money that you deposit is held by Goldman Sachs Bank USA. Goldman Sachs Bank USA is an FDIC insured institution founded in 1990. It has approximately $177.47 billion in assets.

For a more detailed analysis of Goldman Sachs Bank USA's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 13, 2018

Online Savings and Money Market Rates APY MIN MAX
Online CD Rates APY MIN MAX
9 Month CD
0.70% $500 - Learn MoreShow Less
12 Month CD
2.65% $500 - Learn MoreShow Less
13-Month No Penalty CD
2.25% $500 - Learn MoreShow Less
18-Month CD
2.65% $500 - Learn MoreShow Less
24 Month CD
2.70% $500 - Learn MoreShow Less
36 Month CD
2.75% $500 - Learn MoreShow Less
48 Month CD
2.80% $500 - Learn MoreShow Less
60 Month CD
3.10% $500 - Learn MoreShow Less

Bank Offers

Marcus Raises All CD Rates
Sep 4, 2018

Marcus, the online bank owned by Goldman Sachs, has raised all of its online CD rates this morning.   While all rates have been raised, their one-year rate is now at 2.55% which is one of the highest online one-year CDs available.

Editor’s Note: Marcus is an advertiser on BestCashCow. Please read our Advertiser Disclosure here.

Marcus Raises Online Savings Rate to 2.05%
Oct 26, 2018

Marcus has raised its online savings rate to 2.05%.   The rate is available online and has a $1 minimum.



Marcus Raises No Penalty CD Rate to 2.25% APY
Dec 11, 2018

Marcus has raised its 13-Month No Penalty CD rate to 2.25% APY.   Since the rate is 20 basis points above Marcus's online savings rate and the account may be closed at any point after one week without penalty, this product offers an easy way to boost your savings rate.

Customer Reviews for Marcus: By Goldman Sachs (32)

  • Mistaker

    September 15, 2018 |

    Online Savings Rates

    I made a mistake with the timing of some transactions and tried to move $300k into my Goldman Sachs account from a corresponding account before the money had arrived in the corresponding account. A few hours after I entered the transaction as an immediate transfer, I realized it would be rejected and tried to call Goldman to cancel the transaction because I thought they would charge me some enormous fee. I reached the rep in a second and he said that there is never a fee for anything like this, or a fee at all! Right there they won my business. Barclays or or Ally or Synchrony would have raped me for this.

  • JazzyGirl

    July 13, 2018 |

    Online Savings Rates

    Opened here because the rate is always higher than the other established places. Every thing is easy, but I wish they would be faster to raise their rates.

  • TimH

    July 09, 2018 |

    Online Savings Rates

    I have been using Marcus for over 6 months. Their CSRs are helpful and opening up an account was easy. Linking to external accounts (4) only produced one hitch but Marcus sleared that up. The transfers go through pretty quickly and they are aggressive at hiking their deposit rates before other online banks.

Add Your Review

Rate it here →