Marcus by Goldman Sachs Online Savings vs Varo Savings Account
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 | VB Varo Savings Account Varo Bank, N.A. 84/100 | |
|---|---|---|
| Tier | Essential | Strong |
| APY | 3.50% | 5.00% |
| 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 chasing a strong APY |
| View profile | View profile |
Which should you choose: the Marcus by Goldman Sachs Online Savings or the Varo Savings Account?
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 Varo Savings Account instead if savers chasing a strong APY.
On aPY, the Marcus by Goldman Sachs Online Savings shows 3.50% versus the Varo Savings Account's 5.00%. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Marcus by Goldman Sachs Online Savings vs Varo Savings Account: FAQ
Is the Marcus by Goldman Sachs Online Savings or the Varo Savings Account better?
By our scoring, the Marcus by Goldman Sachs Online Savings edges ahead with a money8020 score of 96/100 versus 84. The Varo Savings Account can still be the better fit if savers chasing a strong APY.
What is the main difference between the Marcus by Goldman Sachs Online Savings and the Varo Savings Account?
On aPY, the Marcus by Goldman Sachs Online Savings offers 3.50% while the Varo Savings Account offers 5.00%. Review the full table above and confirm current terms with each provider. This is not financial advice.