Marcus by Goldman Sachs (4.70% APY)

Marcus combines near-best-in-class rates with the institutional credibility of Goldman Sachs — which matters to consumers depositing over $100,000. At 4.70% APY with no minimum deposit and no fees, Marcus is a legitimate choice for anyone who prefers the psychological comfort of a recognizable brand. The Goldman Sachs parent has $1.6 trillion in assets; Marcus deposit accounts are FDIC insured to $250,000 per depositor. What distinguishes Marcus from smaller HYSA competitors is the reliability of their rate positioning — they do not advertise teaser rates that drop after 3 months, and their online portal and mobile app are more polished than most challenger banks. Limitation: no checking account, no ATM access, and transfer times of 1-3 days. The mobile app (4.7 stars, 200k+ reviews) is among the best of any online savings bank.