11 Online Banks Offering Unbeatable Perks for the Savvy Saver

4. Marcus by Goldman Sachs

Marcus by Goldman Sachs packs a punch where it matters—pure savings. Their high-yield savings APY lands at about 4.50%, and you won’t see a monthly fee in sight. Marcus keeps things simple: there’s no checking account or debit card attached, so it’s best used as a dedicated savings tool. The mobile app is stripped-down but effective, letting you track balances and set savings goals without a learning curve. Customer support gets solid marks, especially for an all-online operation backed by a name as big as Goldman Sachs. The big drawback? No easy access to cash—there’s no ATM or debit card, so you’ll need to transfer money out if you want to spend it. That’s actually a perk for some people—it keeps your savings out of sight and mind, which can help you stash away more. For people looking to supercharge their emergency fund (and leave it untouched), Marcus keeps things simple and effective.