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Marcus by Goldman Sachs Online Savings vs Salem Five Direct eOne Savings

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

money8020 pick
Marcus by Goldman Sachs Online Savings
Marcus by Goldman Sachs
96/100
Salem Five Direct eOne Savings
Salem Five Direct
81/100
TierEssentialStrong
APY3.50%3.51%
Monthly fee$0$0
Minimum balance$0$10
FDIC insuredYesYes
Annual fee
Best forSavers who want a strong rate from a big, established institutionPeople who want a no-fee high-yield savings account
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Which should you choose: the Marcus by Goldman Sachs Online Savings or the Salem Five Direct eOne Savings?

The Marcus by Goldman Sachs Online Savings is the stronger pick of the two, with a money8020 score of 96/100 versus 81. Choose the Salem Five Direct eOne Savings instead if people who want a no-fee high-yield savings account.

On aPY, the Marcus by Goldman Sachs Online Savings shows 3.50% versus the Salem Five Direct eOne Savings's 3.51%. On minimum balance, the Marcus by Goldman Sachs Online Savings shows $0 versus the Salem Five Direct eOne Savings's $10. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

Marcus by Goldman Sachs Online Savings vs Salem Five Direct eOne Savings: FAQ

Is the Marcus by Goldman Sachs Online Savings or the Salem Five Direct eOne Savings better?

By our scoring, the Marcus by Goldman Sachs Online Savings edges ahead with a money8020 score of 96/100 versus 81. The Salem Five Direct eOne Savings can still be the better fit if people who want a no-fee high-yield savings account.

What is the main difference between the Marcus by Goldman Sachs Online Savings and the Salem Five Direct eOne Savings?

On aPY, the Marcus by Goldman Sachs Online Savings offers 3.50% while the Salem Five Direct eOne Savings offers 3.51%. Review the full table above and confirm current terms with each provider. This is not financial advice.