What is the minimum deposit/withdrawal amount on Marcus by Goldman Sachs?
Asked 5 months ago
Marcus by Goldman Sachs generally does not impose a minimum deposit requirement for its online savings account. Customers can open an account with any amount they wish to deposit. However, it is important to note that the bank's high-yield savings accounts often do not have a minimum balance requirement to earn interest, which can be a significant advantage for customers wanting to start saving without a large initial investment.
Regarding withdrawals, Marcus by Goldman Sachs allows customers to make electronic transfers in and out of their accounts without specifying a minimum withdrawal amount. This is particularly convenient for managing funds. However, customers should always check the current terms and conditions on the Marcus website to ensure they are aware of any potential changes or specific stipulations regarding their accounts.
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