Ally Bank High Yield Savings vs Marcus by Goldman Sachs High Yield Savings
Highest APYMarcus by Goldman Sachs High Yield Savings3.40%
Lowest FeesAlly Bank High Yield SavingsNo fee
Most FeaturesAlly Bank High Yield Savings8 features
Rate Comparison
| Ally Bank High Yield Savings | Marcus by Goldman Sachs High Yield Savings | |
|---|---|---|
| APY | 3.00% | 3.40% |
| Compounding | Daily | Daily |
| Intro APY | - | - |
Fee Comparison
| Ally Bank High Yield Savings | Marcus by Goldman Sachs High Yield Savings | |
|---|---|---|
| Monthly Fee | None | None |
| Min Opening Deposit | $0 | $0 |
| Min Balance (no fee) | N/A | N/A |
Feature Comparison
| Ally Bank High Yield Savings | Marcus by Goldman Sachs High Yield Savings | |
|---|---|---|
| FDIC Insured | ✓ | ✓ |
| Mobile App | ✓ | ✓ |
| Mobile Deposit | ✓ | ✓ |
| ATM Access | ✓ | ✗ |
| Check Writing | ✗ | ✗ |
| Joint Account | ✓ | ✓ |
| Sub-Accounts | ✓ | ✗ |
| Auto Transfers | ✓ | ✓ |
| No Minimum Balance | ✓ | ✓ |
Who Should Pick Which?
Ally Bank High Yield Savings
Best for hands-off savers who want no minimums and zero fees.
- No monthly fees
- No minimum balance requirement
- Mobile app available
- No check-writing privileges
Marcus by Goldman Sachs High Yield Savings
Best for hands-off savers who want no minimums and zero fees.
- No monthly fees
- No minimum balance requirement
- Mobile app available
- No ATM access
- No check-writing privileges
Frequently Asked Questions
Which account has the highest APY?
Marcus by Goldman Sachs High Yield Savings currently offers the highest APY at 3.40%.
Which account has the lowest fees?
Ally Bank High Yield Savings has no monthly fees at all.
Are these accounts FDIC insured?
Yes, all compared accounts are FDIC insured up to $250,000.
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