LendingClub Bank vs Marcus by Goldman Sachs
Head-to-head comparison of LendingClub LevelUp Savings and Marcus Online Savings Account, updated daily.
LendingClub Bank currently wins on APY: 4.50% vs 3.65%
| Feature | LendingClub BankUpdated 1d ago | Marcus by Goldman SachsLive |
|---|---|---|
| APY | 4.50%★ | 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 | 4.3 / 5 | 4.5 / 5★ |
LendingClub Bank verdict
LendingClub LevelUp is a clever product — the bonus tier is unlocked with just $250/month in deposits, which is achievable for almost anyone. For accumulators (people building savings, not draining them), this is one of the best structures on the market.
Read full LendingClub 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 →