Ally Bank vs Marcus by Goldman Sachs
Head-to-head comparison of Ally Online Savings Account and Marcus Online Savings Account, updated daily.
Marcus by Goldman Sachs currently wins on APY: 3.65% vs 3.20%
| Feature | Ally BankLive | Marcus by Goldman SachsLive |
|---|---|---|
| APY | 3.20% | 3.65%★ |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | Yes★ | No |
| Check writing | No | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.6 / 5★ | 4.5 / 5 |
Ally Bank verdict
Ally is the best-in-class for users who want a full banking relationship rather than just a high yield. The Buckets and Boosters features for goal-based savings are genuinely useful and not gimmicks. APY is competitive but not the highest on this list — pay this small premium for the ecosystem.
Read full Ally Bank review →Marcus by Goldman Sachs verdict
Marcus is the conservative choice. It does not have the absolute highest APY on the market, but it is consistently within the top tier and is backed by one of the most established financial institutions in the world. For savers who prioritize stability over chasing rates, this is our recommended option.
Read full Marcus by Goldman Sachs review →