Marcus by Goldman Sachs savings requires no minimum balance — earn 4.10% APY from $1. Marcus CDs require a $500 minimum per certificate. Neither product charges a monthly fee. Marcus has no checking account, so there is no minimum balance concern for a primary spending account.
Marcus Minimum Balance by Product
| Product | Min to Open | Min Ongoing Balance | Monthly Fee |
|---|---|---|---|
| High-Yield Savings | $0 | $0 | $0 |
| Standard CDs (6–72 mo) | $500 | N/A (fixed term) | $0 |
| No-Penalty CD (11 mo) | $500 | N/A (fixed term) | $0 |
Marcus Savings: True No-Minimum
Marcus savings is rare in having no minimum in any form:
| Feature | Marcus Savings |
|---|---|
| Minimum to open | $0 |
| Minimum to earn APY | $1 |
| Minimum ongoing balance | $0 |
| Direct deposit required | No |
| Monthly fee | $0 |
| Tiered APY | No — flat 4.10% for all |
There is no penalty for a $0 balance — Marcus simply earns no interest on a $0 balance (mathematically). Many banks have inactive account fees or require minimums to avoid penalties; Marcus has neither.
Marcus CD Minimum: $500
Marcus CDs require $500 per certificate. This applies to all CD terms (6 months through 6 years) and to the No-Penalty CD.
Practical implication: If you have $2,000 to invest in CDs, you can open up to 4 separate Marcus CDs at $500 each — useful for CD laddering across different terms to access funds periodically while maximizing APY.
CD ladder example with $10,000 at Marcus:
| CD | Amount | Term | APY | Maturity |
|---|---|---|---|---|
| CD 1 | $2,000 | 6 months | ~4.00% | Oct 2026 |
| CD 2 | $2,000 | 12 months | ~4.50% | Apr 2027 |
| CD 3 | $2,000 | 18 months | ~4.60% | Oct 2027 |
| CD 4 | $2,000 | 24 months | ~4.40% | Apr 2028 |
| CD 5 | $2,000 | No-Penalty | ~4.10% | Flexible |
Each CD is above the $500 minimum; total invested = $10,000; all FDIC insured.
Marcus vs Other High-Yield Savings: Minimum Balances
| Bank | Min to Open Savings | Min for Best APY |
|---|---|---|
| Marcus | $0 | $0 |
| Ally | $0 | $0 |
| Discover | $0 | $0 |
| SoFi | $0 | DD required |
| Capital One | $0 | $0 |
| Chase Savings | $0 | $300 to waive fee |
| Citibank Savings | $0 | $500+ to waive fee |
Marcus and Ally are tied for the most favorable minimum balance structure in high-yield savings — both pay competitive rates from $1 with no conditions.
Related Guides
- Marcus savings rate 2026 — 4.10% APY, no minimum, no fee
- Marcus CD rates 2026 — 4.00%–4.90%, $500 minimum, no-penalty CD
- Marcus vs Ally 2026 — comparing rates and minimums
- Marcus customer service 2026 — 1-833-646-1688
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