Marcus
Goldman Sachs' consumer digital bank.
- Who holds it
- The company itself — it holds a full banking licence — Goldman Sachs Bank USA national bank charter (OCC); Member FDIC.
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Marcus’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | New York, US |
| Founded | 2016 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Goldman Sachs Bank USA national bank charter (OCC); Member FDIC |
| Card | No card |
| Yield | Competitive savers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | North America |
| Countries | United States |
Verified links: official site ↗ · privacy ↗ · @MarcusGS ↗
Common questions about Marcus
What is Marcus?
Marcus is a fiat neobank, headquartered in New York, US and founded in 2016. Your money is held custodially, so Marcus or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Goldman Sachs Bank USA national bank charter (OCC); Member FDIC).
Does Marcus have a card, and where can you use it?
It issues no card of its own. It is available in North America.
Does Marcus require KYC?
Yes. Marcus requires identity verification (KYC) to open an account, as a licensed bank.
What does Marcus cost?
From the verified fields: yield Competitive savers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Marcus before relying on them.
Peers
Chime · Wise · Varo · Current · SoFi · Ally Bank
Marcus appears in
Neobanks that hold their own banking license (132) · Neobanks available in North America (126) · Neobanks with no card of their own (67) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.