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Marcus by Goldman Sachs

Helping customers reach their financial goals with online savings.

Finance & Fintechsavings-accounthigh-yieldcdonline-bankingfdic-insuredgoldman-sachspersonal-finance

About

Marcus by Goldman Sachs is an online banking platform offering high-yield savings accounts, CDs, and no-penalty CDs. It is backed by Goldman Sachs Bank USA and FDIC-insured, targeting everyday consumers looking to grow their savings. The platform includes a mobile app and various savings tools and resources.

Problem

Consumers struggle to find high-yield, low-barrier savings options from a trusted financial institution.

For

everyday consumers looking to grow their savings

How it works

Users open an online savings account or CD through the Marcus platform or mobile app, depositing funds to earn competitive APYs backed by Goldman Sachs Bank USA.

Business model

unknown

Status

launched

Company

Goldman Sachs Bank USA

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