Marcus by Goldman Sachs High Yield Savings vs Wealthfront Cash Account
Highest APYWealthfront Cash Account4.20%
Lowest FeesMarcus by Goldman Sachs High Yield SavingsNo fee
Most FeaturesMarcus by Goldman Sachs High Yield Savings6 features
Rate Comparison
| Marcus by Goldman Sachs High Yield Savings | Wealthfront Cash Account | |
|---|---|---|
| APY | 3.40% | 4.20% |
| Compounding | Daily | Daily |
| Intro APY | - | 3.95% for 3mo |
Fee Comparison
| Marcus by Goldman Sachs High Yield Savings | Wealthfront Cash Account | |
|---|---|---|
| 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 | Wealthfront Cash Account | |
|---|---|---|
| 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
Wealthfront Cash Account
Best for hands-off savers who want no minimums and zero fees.
- Competitive 4.20% APY
- No monthly fees
- No minimum balance requirement
- No ATM access
- No check-writing privileges
Frequently Asked Questions
Which account has the highest APY?
Wealthfront Cash Account currently offers the highest APY at 4.20%.
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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