Goldman Sachs review
Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
Goldman Sachs suits US spenders who want cash back on everyday purchases and no charge to keep the card: the annual fee is $0 and the currency conversion fee is 0%, with unlimited daily cash back. As a credit card, credit, the balance is repaid rather than drawn from a deposit.
Key facts
- Best for
- US spenders who want daily cash back and no cost to hold the card.
- Annual fee
- $0 (Source, checked September 26, 2026)
- Currency conversion fee
- 0% (Source, checked September 26, 2026)
- Rewards type
- Cashback (Source, checked September 26, 2026)
- Rewards rate
- Unlimited Daily Cash back (Source, checked September 26, 2026)
- Perks
- Daily Cash (Source, checked September 26, 2026)
- Card kind
- Credit (Source, checked September 26, 2026)
- Legal entity
- The Goldman Sachs Group, Inc. (Source, checked September 26, 2026)
- Headquarters
- United States (Source, checked September 26, 2026)
- Founded
- 1869 (Source, checked September 26, 2026)
- Pricing model
- No annual fee
- Features
- Rewards
- Official website
- goldmansachs.com
Debit cards
Pros and cons
Pros
- The annual fee is $0, so nothing is charged to keep the card open.
- The currency conversion fee is 0%, so buying in another currency adds no conversion charge.
- Rewards are unlimited daily cash back, Unlimited Daily Cash back, paid back as money rather than as points.
- The issuer is The Goldman Sachs Group, Inc., The Goldman Sachs Group, Inc., a US institution founded in 1869.
Cons
- It is a credit card, credit, so a balance has to be repaid instead of spending from a deposit.
- The reward type is cashback, cashback, so the value arrives as money rather than as something redeemable.
- The perk list holds Daily Cash only, so there is little to weigh beyond the cash back and the fees.
Who it suits
- People who clear their balance each month and want cash back on everyday spend, Unlimited Daily Cash back.
- US customers who would rather hold a card from an institution founded in 1869.
- Spenders who buy in other currencies, since the conversion fee is 0%.
Who should look elsewhere
- Anyone who wants to draw down a deposit: the card kind is credit, so a debit card fits that need better.
- Readers choosing on fees alone: Bitpanda also has an annual fee of €0, so fees will not separate the two.
- Anyone wanting a wider reward type or perk list: cashback, cashback, and Daily Cash are all that is listed here.
Where it sits among rivals
Fees are the part to check. The annual fee ranks 1 out of 301 brands on the site, and the currency conversion fee ranks 1 out of 181. Those are the cost lines readers usually weigh, and both sit at the favourable end here.
How Goldman Sachs compares
9.3 vs 9.4
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 9.2
9.3 vs 8.8
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 9.0
9.3 vs 8.8
9.3 vs 8.8
9.3 vs 8.7
9.3 vs 9.2Its annual fee is also €0, so the choice turns on what each card does rather than on the cost of holding it.
9.3 vs 9.0Bitpanda Card carries an annual fee of €0, giving you a second card to weigh on its terms.
9.3 vs 8.9
9.3 vs 8.8
9.3 vs 9.6
9.3 vs 9.4
9.3 vs 9.4
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 9.1
9.3 vs 8.8
9.3 vs 8.8- 9.3 vs 8.8
- 9.3 vs 8.8
9.3 vs 8.8- 9.3 vs 8.8
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.3
9.3 vs 8.2
9.3 vs 8.0
9.3 vs 8.0
Where Goldman Sachs is available
- Available
- United States
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does it cost to hold the card?+
There is nothing to pay to hold it. The annual fee is $0, and the model is a no annual fee one, so the only charges on this card come from how you spend, not from keeping it open.
What does it cost to spend abroad?+
Nothing extra on the card side. The currency conversion fee is 0%, so a purchase in another currency does not add a conversion charge on top. That matters most if you pay in more than one currency or buy while you are abroad.
Is this a debit card or a credit card?+
It is a credit card: the card kind is credit. Spending builds a balance you repay, so it suits people who clear what they owe rather than those drawing down a deposit. Debit cards account for 74.3% of the cards on the site, so this is the less common shape here.
What rewards does it pay?+
Cash back, described as unlimited daily cash back: Unlimited Daily Cash back. The reward type is cashback, cashback, so the value comes back as money rather than as points. Points cards make up 19.8% of the site, so this is the plainer rewards setup.
What extras come with the card?+
The perk list is short: Daily Cash is the entry, Daily Cash, and the feature list covers rewards only, rewards. You are choosing this for the cash back and the fees, not for a wider set of extras.
Who is behind the card?+
The card sits with The Goldman Sachs Group, Inc., The Goldman Sachs Group, Inc., a US institution headquartered in the US and founded in 1869. It is an established name rather than a new entrant, which matters if you want the issuer behind the terms.
How does it compare with other cards on fees?+
On the charges readers check most, it ranks 1 out of 301 brands for annual fee and 1 out of 181 for currency conversion. Its own figures are $0 a year and 0% on conversion.
Is it the right card for me?+
It suits people who pay their card in full, want cash back on everyday spending and dislike a charge for holding or converting money. If you would rather not repay a balance, a debit card fits better, and debit cards are 74.3% of the cards on the site.
Sources
- en.wikipedia.org/wiki/Goldman_Sachs checked September 26, 2026
Backs: Headquarters, Legal entity
“Goldman Sachs headquartered in New York”
- apple.com/apple-card checked September 26, 2026
Backs: Annual fee, Card kind, Features, Currency conversion fee, Pricing model, Perks, Rewards rate, Rewards type
“Apple Card doesn't have any fees. No annual - Apple Card”
- goldmansachs.com checked September 26, 2026
Backs: Founded
“157 Years of Excellence - Goldman Sachs”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: APR.
Related by the facts
Goldman Sachs
US spenders who want daily cash back and no cost to hold the card.