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American Express High Yield Savings vs Marcus by Goldman Sachs Online Savings

Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.

American Express High Yield Savings
American Express National Bank
84/100
money8020 pick
Marcus by Goldman Sachs Online Savings
Marcus by Goldman Sachs
96/100
TierStrongEssential
APY3.10%3.50%
Monthly fee$0$0
Minimum balance$0$0
FDIC insuredYesYes
Annual fee
Best forExisting American Express customers who want savings in one placeSavers who want a strong rate from a big, established institution
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Which should you choose: the American Express High Yield Savings or the Marcus by Goldman Sachs Online Savings?

The Marcus by Goldman Sachs Online Savings is the stronger pick of the two, with a money8020 score of 96/100 versus 84. Choose the American Express High Yield Savings instead if existing American Express customers who want savings in one place.

On aPY, the American Express High Yield Savings shows 3.10% versus the Marcus by Goldman Sachs Online Savings's 3.50%. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

American Express High Yield Savings vs Marcus by Goldman Sachs Online Savings: FAQ

Is the American Express High Yield Savings or the Marcus by Goldman Sachs Online Savings better?

By our scoring, the Marcus by Goldman Sachs Online Savings edges ahead with a money8020 score of 96/100 versus 84. The American Express High Yield Savings can still be the better fit if existing American Express customers who want savings in one place.

What is the main difference between the American Express High Yield Savings and the Marcus by Goldman Sachs Online Savings?

On aPY, the American Express High Yield Savings offers 3.10% while the Marcus by Goldman Sachs Online Savings offers 3.50%. Review the full table above and confirm current terms with each provider. This is not financial advice.