Investing

Goldman’s Marcus Hikes Yield to 4.15%, Matching New Apple Product

The boost to Marcus’s high-yield savings product comes after the Fed hiked rates for what’s likely the last time in this cycle.

Employees work on the Marcus by Goldman Sachs Group Inc. floor of the bank's headquarters in New York.

Photographer: Christopher Goodney/Bloomberg
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Goldman Sachs Group Inc.’s Marcus just increased the rate on its high-yield savings account to a new all-time high.

It’s now offering a 4.15% rate, which matches that of a recent partnership between the bank and Apple Inc. for Apple Card holders.