Ally vs Marcus by Goldman Sachs

Ally Bank and Marcus by Goldman Sachs both offer an online savings account. This page compares those savings accounts only. Checking is a different product. Ally's spending account is in Ally vs SoFi Checking and Savings. The high-yield savers hub is a list of accounts. This page is not a second copy of that list.

Figures below were copied on November 13, 2026 from each bank's page. They are not the October review numbers stored elsewhere on this site.

Side by side

| What we checked | Ally Online Savings | Marcus Online Savings | | --- | --- | --- | | Legal name on the page | Ally Bank, Member FDIC | Goldman Sachs Bank USA, named on the Marcus page | | Bank or fintech | Ally Bank | Marcus by Goldman Sachs, at Goldman Sachs Bank USA | | Monthly fee | $0 monthly maintenance | No fees, on the savings page | | Savings APY and conditions | 3.2% APY, correct as of 11/12/26, variable. No minimum balance to open or earn the APY. Page says the current APY is available across balance tiers | 3.50% APY as of November 13, 2026. APY may change at any time before or after the account is opened. Maximum balance limits apply. The dollar cap was not printed in the section we copied | | Sign-up bonus | None listed on the savings pages we opened | A referral can add a 1.00% APY boost for 3 months for the referrer and a friend new to Marcus. It is a rate boost, not a cash bonus we saw stated as dollars | | Minimum to open | $0 | No minimum deposit | | Access | Unlimited deposits and ATM withdrawals, plus ten withdrawals per statement cycle. No fee for going over. Ally may close the account if you exceed it more than occasionally | Transfers to and from the account. Marcus says it does not charge a transfer fee. Your other bank might | | FDIC | Ally Bank, Member FDIC. BankFind certificate 57803, active | Goldman Sachs Bank USA. BankFind certificate 33124, active. We did not copy a separate "Member FDIC" sentence from the savings body | | As of | November 13, 2026. Ally rate date November 12, 2026 | November 13, 2026 |

Advertiser disclosure. If you open an account or sign up through a link on this page, the provider may pay us a fee. Using the link does not cost you extra. The fee helps us keep this site updated, and it does not change our rankings. How we make money

Ally: Online Savings and rates. Marcus: Online Savings Account. Application links: Ally and Marcus.

What the rates actually say

Ally's 3.2% figure is the savings APY on its page, correct as of November 12, 2026. It is variable. Ally says there is no minimum balance to open or to earn that APY. Ally also says the current APY is available across balance tiers, and that the APY paid is based on the tier of the end-of-day balance. We did not see a lower tier rate printed as a different number, so we are not inventing one. Ally mentions an FDIC national average on its page. That average is not Ally's APY.

Marcus lists 3.50% APY as of November 13, 2026. The page says the APY may change at any time, before or after you open the account, and that maximum balance limits apply. We did not copy a dollar maximum, because the page did not show one in the section we read. Marcus also cites an FDIC national average dated October 19, 2026. That is not the Marcus rate.

We are not calling either rate the highest in the country. A higher or lower rate at another bank would not change what these two pages said on November 13, 2026.

Fees and moving money

Ally's rates page says $0 monthly maintenance, $0 minimum opening deposit, and $0 overdraft item fee on the savings account. Withdrawals: unlimited deposits and ATM withdrawals, and ten withdrawals per statement cycle. Ally does not charge a fee for going over that limit. Ally says it will close the account if you exceed the limit on more than an occasional basis. That sentence is Ally's policy. We are not describing it as a federal rule.

Marcus says no fees and no minimum deposit, and no credit check to open. Marcus does not charge fees for transfers to or from the Online Savings Account. The bank on the other side of the transfer may charge its own fee. If you need a checking account, ATM access, or a debit card, this savings account is not that product. Ally's spending account is the companion comparison linked above.

The referral boost is not the standard APY

Marcus says the primary owner of an Online Savings Account can refer a friend who is new to Marcus, and both could earn a 1.00% APY rate boost. The page describes a 3-month promotional APY increase of 1.00% on top of the stated Online Savings Account APY at marcus.com. After 3 months, the account earns the then-current standard APY. We did not copy the rest of the terms beyond that sentence. Do not add 1.00% to 3.50% and treat the sum as the ongoing rate.

Ally's savings pages we opened did not list a sign-up bonus. None, as of November 13, 2026, on those pages.

Who holds the deposit

Ally Bank says Member FDIC on its savings page. FDIC BankFind lists Ally Bank, certificate 57803, active, Sandy, Utah, as of November 13, 2026.

The Marcus savings page uses Goldman Sachs Bank USA as the bank in its account language. FDIC BankFind lists Goldman Sachs Bank USA, certificate 33124, active, New York, New York. The page links an FDIC insurance section and asks whether the account is FDIC insured. We did not copy the answer text of that question from the page body, so we are not paraphrasing an unseen sentence. The BankFind record is what we are using to say the named bank is an active FDIC institution. Insurance still follows FDIC category rules. It is not a promise that every dollar at every affiliate is insured.

A CD rate that appears in Marcus navigation is not in this table. CDs are defined, without a product ranking, in CD vs high-yield savings vs money market account.

What to confirm before you move a balance

A savings account does not replace checking. Ally's spending account has its own APY, its own ATM reimbursement, and CoverDraft. Those facts are on Ally's spending page and in the Ally vs SoFi comparison. They are not features of the Online Savings Account in the table above. Marcus's page, as we read it, is a savings account with transfers. If your payroll has to land somewhere, open or keep a spending account and then link the savings account. Do not send a paycheck to a savings account unless that bank's page says the account can receive it.

Ask each bank, in its app or by secure message, for the current APY and the date on that quote. Ally's page said November 12, 2026. Marcus's page said November 13, 2026. A quote you receive later replaces both. Also ask whether a maximum balance applies. Marcus says maximum balance limits apply and did not print the dollar cap in the section we copied. Ally says the current 3.2% APY is available across tiers and also that the APY paid follows the end-of-day tier. If a later page shows two different savings numbers, use those numbers and the new date. Do not average them.

If you are moving more than the standard insurance category can hold, stop and use the FDIC's estimator before the transfer. Two savings accounts in one person's name at the same bank share one individual limit. A joint title is a different category, with the conditions in the joint-account guide. Ally Bank and Goldman Sachs Bank USA are different banks, so a balance at each one is not added together for the "same bank" rule. That is the FDIC's structure, not a suggestion to split money for a higher rate.

The referral boost at Marcus is optional and temporary. Three months, then the then-current standard APY. If you do not have a friend who is new to Marcus, ignore the boost and use 3.50% as the figure the page stated on November 13, 2026. Ally did not list a bonus on the savings pages we opened. A missing bonus is a fact. It is not a defect we are papering over with a number from another site.

How we update this page

We copy the provider's number and the date on the provider's page. The methodology explains that. This page was checked November 13, 2026. If you are comparing again later, open both savings pages before you decide.