Marcus by Goldman Sachs Online Savings vs Pibank Savings
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick MB Marcus by Goldman Sachs Online Savings Marcus by Goldman Sachs 96/100 | P Pibank Savings Pibank 94/100 | |
|---|---|---|
| Tier | Essential | Essential |
| APY | 3.50% | 4.40% |
| Monthly fee | $0 | $0 |
| Minimum balance | $0 | $0 |
| FDIC insured | Yes | Yes |
| Annual fee | — | — |
| Best for | Savers who want a strong rate from a big, established institution | Savers who want a strong flat rate with no minimum |
| View profile | View profile |
Pibank pays a higher verified rate — 4.40% APY versus Marcus's 3.50% — and both charge no fees and require no minimum. Choose Pibank if the top rate is what matters; choose Marcus if you'd rather keep your cash with a household-name institution. Both are FDIC-insured, which we confirmed with the regulator for each.
Both Pibank and Marcus are verified, no-fee, no-minimum high-yield savings accounts — we fetched each rate from the provider’s own page and confirmed the bank’s FDIC insurance with the regulator. The choice is mostly about rate versus brand.
Pibank pays the higher verified rate at 4.40% APY, issued through Intercredit Bank N.A. (FDIC cert #25258). On meaningful balances that edge compounds: roughly $90 more per year on $10,000 than Marcus pays. If maximizing yield is the goal, Pibank wins.
Marcus by Goldman Sachs pays 3.50% APY through Goldman Sachs Bank USA (cert #33124). It trails on rate, but for savers who’d rather keep their cash with one of the most established names in banking — and who value Marcus’s long track record and well-regarded app — the slightly lower rate is a reasonable trade. Both rates are variable; confirm the current number before opening. This is not financial advice.
Marcus by Goldman Sachs Online Savings vs Pibank Savings: FAQ
Which account has the higher APY?
Pibank, at a verified 4.40% APY versus Marcus's 3.50% (both as of their stated dates). On a $10,000 balance that gap is roughly $90 a year. Both rates are variable and can change, so confirm the current number before choosing.
Are both FDIC insured?
Yes. Pibank deposits are issued by Intercredit Bank N.A. (FDIC cert
Do either charge fees or require a minimum?
Neither. Both accounts have no monthly fee and no minimum balance to open or earn the rate, per each provider's own page. The deciding factor is the rate and which institution you'd rather bank with.