Marcus by Goldman Sachs does not offer a checking account, debit card, or ATM access. Marcus is a savings and CD platform only. To use Marcus effectively, pair it with a no-fee checking account at another bank and link the accounts via ACH.
Direct answer: Marcus has no checking account. Link Marcus savings to an external checking account via ACH (1–3 business days).
What Marcus Offers (and Doesn’t)
| Product | Available at Marcus? |
|---|---|
| High Yield Savings Account | Yes (4.10% APY) |
| Certificates of Deposit (CDs) | Yes (3-month to 6-year) |
| Checking account | No |
| Debit card | No |
| ATM access | No |
| Credit cards | No (Goldman Sachs Apple Card is separate) |
| Personal loans | No longer offered (discontinued 2023) |
Why Marcus Doesn’t Have Checking
Marcus was built as Goldman Sachs’ consumer savings platform — designed to attract deposits with high savings rates rather than to compete in everyday transaction banking. Goldman Sachs partnered with Apple for the Apple Card and Apple Savings account (a separate product from Marcus). The Marcus brand focuses exclusively on savings and CDs.
How to Use Marcus With an External Checking Account
Recommended setup:
- Open a Marcus High Yield Savings account (4.10% APY, $0 fee, $0 minimum)
- Open a no-fee checking account at Schwab, Capital One 360, or Ally
- Link Marcus to your checking via ACH in the Marcus app: Settings → Linked Accounts → Add Account
- Keep 1–2 months of expenses in checking for day-to-day spending
- Keep the rest in Marcus savings earning 4.10% APY
- Transfer from Marcus to checking 1–3 days before you need the funds
Emergency buffer tip: Because Marcus transfers take 1–3 business days, maintain a $500–$1,000 emergency buffer in checking. For true emergencies, use a credit card and repay from Marcus after the transfer clears.
Transfer Details
| Transfer Type | Time | Fee |
|---|---|---|
| Marcus → external checking (ACH) | 1–3 business days | $0 |
| External checking → Marcus (ACH) | 1–3 business days | $0 |
| Wire transfer to Marcus | Same day | Fees may apply from sending bank |
| Wire transfer from Marcus | 1–2 business days | $0 from Marcus |
Marcus daily transfer limit: $125,000. See Marcus transfer limits for full details.
Best Checking Accounts to Pair With Marcus
| Bank | Monthly Fee | ATM Access | Best Feature |
|---|---|---|---|
| Schwab High Yield Investor Checking | $0 | Unlimited worldwide reimbursement | Best for travelers |
| Capital One 360 Checking | $0 | 70,000+ fee-free ATMs | Best branch/café access |
| Ally Spending Account | $0 | 43,000+ Allpoint ATMs | Best overall online bank |
| Axos Essential Checking | $0 | Up to $7/month reimbursement | Simple, no frills |
| Chase Total Checking | $12 ($0 with $500 DD) | 16,000+ ATMs | Best for branch coverage |
Marcus Apple Savings: A Different Product
Goldman Sachs also operates Apple Savings — a 4.40% APY savings account tied to the Apple Card. This is not a Marcus product. It requires an Apple Card and is accessed through Apple Wallet. It also has no checking or debit card component.
See also: Marcus savings account | Marcus transfer limits | Marcus by Goldman Sachs review | Marcus CD rates
The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy