Marcus by Goldman Sachs High Yield Savings vs SoFi Checking and Savings
Highest APYMarcus by Goldman Sachs High Yield Savings3.40%
Lowest FeesMarcus by Goldman Sachs High Yield SavingsNo fee
Most FeaturesSoFi Checking and Savings8 features
Rate Comparison
| Marcus by Goldman Sachs High Yield Savings | SoFi Checking and Savings | |
|---|---|---|
| APY | 3.40% | 3.10% |
| Compounding | Daily | Daily |
| Intro APY | - | - |
Fee Comparison
| Marcus by Goldman Sachs High Yield Savings | SoFi Checking and Savings | |
|---|---|---|
| Monthly Fee | None | None |
| Min Opening Deposit | $0 | $0 |
| Min Balance (no fee) | N/A | N/A |
Feature Comparison
| Marcus by Goldman Sachs High Yield Savings | SoFi Checking and Savings | |
|---|---|---|
| FDIC Insured | ✓ | ✓ |
| Mobile App | ✓ | ✓ |
| Mobile Deposit | ✓ | ✓ |
| ATM Access | ✗ | ✓ |
| Check Writing | ✗ | ✗ |
| Joint Account | ✓ | ✓ |
| Sub-Accounts | ✗ | ✓ |
| Auto Transfers | ✓ | ✓ |
| No Minimum Balance | ✓ | ✓ |
Who Should Pick Which?
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
SoFi Checking and 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
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?
Marcus by Goldman Sachs 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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