American Express National Bank High Yield Savings Account vs Marcus by Goldman Sachs High-Yield Online Savings

Marcus pays 3.40% against the Amex HYSA's 3.10%, and Marcus referral boosts add 0.25% for three months at a time for both parties. Neither touches the 4%-class rate leaders.

Marcus offers same-day transfers of $100,000 or less to linked accounts at many banks, unusually fast for an online bank. Amex ACH transfers run 1 to 3 business days.

The Amex HYSA shares a login with your Amex cards, so cardholders manage everything in one place. Marcus is a standalone savings and CD app with no card or checking tie-in.

Amex offers 24/7 phone support on its banking products, a rarity among online banks, and its card-side service reputation carries over.

Neither account charges a monthly fee or requires a minimum to open, earn the full rate, or avoid charges.

Both offer CDs alongside savings. Amex adds a rewards checking account with a debit card; Marcus adds lending. Neither offers buckets, joint sub-accounts, or meaningful goal tooling.

Is American Express National Bank High Yield Savings Account or Marcus by Goldman Sachs High-Yield Online Savings better?

Pick Marcus for the better rate, the referral boosts that push it higher, and same-day transfers that make the money genuinely reachable. Pick Amex only if you already run your financial life through the Amex app and value one fewer login more than a quarter point of yield. Rate-first savers should note that both accounts are convenience plays; the leaders pay a full point more.

Does American Express National Bank or Marcus by Goldman Sachs charge a monthly fee?

American Express National Bank High Yield Savings Account: $0. Marcus by Goldman Sachs High-Yield Online Savings: $0.

Which earns a higher APY, American Express National Bank or Marcus by Goldman Sachs?

American Express National Bank High Yield Savings Account pays 3.10% (as of June 2026) APY. Marcus by Goldman Sachs High-Yield Online Savings pays 3.40% (as of June 2026) APY.

Which is better for rate?

Marcus by Goldman Sachs. Marcus pays 3.40% against the Amex HYSA's 3.10%, and Marcus referral boosts add 0.25% for three months at a time for both parties. Neither touches the 4%-class rate leaders.

Is the Amex High Yield Savings Account worth it?

It is fine, and fine is the pitch: a trustworthy brand, zero fees or minimums, 24/7 phone support, and one fewer login if you carry Amex cards. But 3.10% persistently trails Marcus by a quarter point and the rate leaders by more than a full point, and transfers take 1 to 3 business days.

Which is better, Marcus or Amex savings?

Marcus on the numbers: 3.40% versus 3.10%, referral boosts that add 0.25% for months at a time, and same-day transfers of $100,000 or less. Amex wins only on integration and support, with savings in the same app as your cards and 24/7 phone service.

Does the Amex savings account have fees or minimums?

No. There is no minimum to open, no minimum balance to earn the APY, and no monthly fees of any kind. Interest compounds daily and posts monthly, and you can link up to three external bank accounts for transfers.