Marcus by Goldman Sachs

Digital bank · New York, United States

Marcus is the consumer savings brand of Goldman Sachs Bank USA, a New York chartered bank with USD 758.8bn of assets and USD 498.8bn of deposits at 30 June 2026, and the FDIC lists marcus.com as that bank's web address. The product set is two things: an Online Savings Account paying 3.40 percent APY as of 7 September 2026 with no fees and no minimum deposit, and certificates of deposit including an 18-month CD at 4.35 percent APY with a USD 500 minimum. Money moves by ACH and wire between the account and a linked external US bank account, and Marcus says that linked account must not be a business account. Every customer needs a deliverable US residential address in the Postal Service database, and business addresses and PO boxes are refused. Marcus does not offer trust or custodial accounts, and it stopped servicing its Goldman Sachs Bank USA business-use line of credit in November 2024 when that book moved to Uncapped. This is a savings brand for individuals: a company cannot open an account, so every business-facing score here is low for that reason and not because of missing information. Corporate banking under the Goldman Sachs name is covered by the separate goldman-sachs profile.

Legal name: Goldman Sachs Bank USA (Marcus consumer deposit brand)
Regulated by: Federal Reserve, FDIC
Licence confirmed: yes, on a regulator's own list
Established: 1990
Website: www.marcus.com

Scores, 0 to 10

9.0Financial strength & stability

Goldman Sachs Bank USA held USD 758.8bn of assets and USD 498.8bn of deposits at 30 June 2026, and the Goldman Sachs group sits in bucket 2 of the FSB November 2025 list of global systemically important banks. · source

5.5Best interest on business balances

3.40 percent APY on savings as of 7 September 2026 and 4.35 percent APY on an 18-month CD are strong rates, but they are available to individuals only and cannot be used for company balances. · source

5.0Lowest fees

The Online Savings Account has no fees and no minimum deposit, but it is a personal savings account and Marcus sells no business account whose running cost could be compared. · source

4.0United States

FDIC-insured savings and certificates of deposit are available online across the United States through Goldman Sachs Bank USA, but only to individuals with a US residential address, and no business account, ACH origination or card is offered. · source

4.0Fast digital onboarding

Applications are fully online for individuals who can show a US residential address and an accepted ID such as a state licence or passport, and there is no company onboarding path at all. · source

3.5Customer satisfaction

Trustpilot rates Marcus 1.4 out of 5 and labels it Bad, with reviews about funding delays and account closures, while Marcus displays a JD Power 2026 award for customer satisfaction with high-yield savings at online-only banks. · source

2.0Crypto-friendly bank

The Marcus product set is savings accounts and certificates of deposit for individuals, so there is no fiat account for crypto exchanges, brokers or miners and no crypto policy on marcus.com. · source

1.5Foreign-owned & non-resident companies

A deliverable US residential address is required and PO boxes and business addresses are refused, so neither a non-resident individual nor a foreign-owned company can open an account. · source

1.5High-risk verticals (iGaming, cannabis, adult, forex)

Marcus opens no business accounts of any kind, so there is no onboarding path or published policy for licensed gambling, cannabis, adult or forex operators. · source

1.0Cross-border payments, FX and multi-currency accounts

Deposits are in US dollars only and money can move only to and from a linked account at a bank in the United States or specified US territories, so there is no cross-border payment or multi-currency service. Single currency, no payments out except transfers to a linked personal account, and balances capped at USD 1,000,000 per account and USD 3,000,000 per owner, so there is no corporate treasury use. · source

1.0Fintech companies that need a partner bank

No safeguarding accounts, sponsor banking or rail access are offered under the Marcus brand, and the business-use line of credit book moved to Uncapped in November 2024. · source

1.0Online businesses: e-commerce and SaaS

No acquiring, collection accounts or marketplace payouts exist; a merchant cannot even link a business bank account to a Marcus account. No receiving accounts, API access or accounting integrations exist, and a software company cannot open a Marcus account because business customers are not accepted. · source

1.0Startups & VC-backed companies

Marcus serves individuals with savings and CDs and offers no company account, venture debt or founder product. · source

1.0Trade, manufacturing & import-export

No letters of credit, guarantees or documentary collections are offered by the Marcus brand, which sells only deposit products to consumers. · source

1.0Business cards (Visa, Mastercard)

Marcus issues no cards; the site menu covers savings, CDs, calculators and the Marcus app only. · source

1.0Crypto wallet and custody for a business

Marcus sells savings accounts and CDs to individuals and holds no crypto; Goldman Sachs' crypto activity sits in the wider group, which holds crypto positions and offers derivatives to institutional clients, not in Marcus, checked September 2026. · source

1.0Accept crypto payments

Marcus has no merchant or business products, so there is no crypto acceptance, checked September 2026. · source

1.0Bitcoin

Marcus offers no bitcoin product; the bitcoin products belong to the Goldman Sachs group, which filed for a bitcoin premium income ETF in April 2026 and agreed in August 2026 to buy Neos Investments with its bitcoin income ETFs, none of it sold through Marcus. · source

1.0Ethereum

Marcus offers no ether product; the group's ether exposure, such as the Neos Ethereum High Income ETF Goldman agreed to acquire in August 2026, sits in its asset management arm, not Marcus. · source

1.0Stablecoins (USDC, USDT and others)

Marcus offers no stablecoin service; its parent Goldman Sachs is one of the 21 institutions that on 1 September 2026 committed to a bank stablecoin company targeting launch in the first half of 2027, a group-level wholesale project with no Marcus product announced. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.