Marcus by Goldman Sachs CD rates
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Marcus by Goldman Sachs offers CDs across numerous terms — from six months to six years. The direct bank’s CDs offer competitive yields and require just $500 to open across several CD types, including:
- Standard high-yield CDs
- No-penalty CDs
- One rate bump CD
Marcus by Goldman Sachs earned a 4.1 out of 5 in Bankrate’s overall rating of the bank, while its CDs earned 4.9 out of 5.
Marcus by Goldman Sachs CD rates
Current high-yield CD rates at Marcus.
| Account name | Term | APY | Minimum deposit |
|---|---|---|---|
| High-yield CD | 6 months | 5.10% | $500 |
| High-yield CD | 9 months | 5.00% | $500 |
| High-yield CD | 1 year | 5.15% | $500 |
| High-yield CD | 18 months | 4.70% | $500 |
| High-yield CD | 2 years | 4.40% | $500 |
| High-yield CD | 3 years | 4.15% | $500 |
| High-yield CD | 4 years | 4.05% | $500 |
| High-yield CD | 5 years | 4.00% | $500 |
| High-yield CD | 6 years | 3.90% | $500 |
The bank also offers no-penalty CDs. Funds can be withdrawn following a seven-day waiting period after the account is funded.
Marcus no-penalty CD rates
| Account name | Term | APY | Minimum deposit |
|---|---|---|---|
| No-Penalty CD | 7 months | 4.70% | $500 |
| No-Penalty CD | 11 months | 4.70% | $500 |
| No-Penalty CD | 13 months | 4.70% | $500 |
Marcus by Goldman Sachs also has a new rate bump CD.
Marcus rate bump CD rate
| Account name | Term | APY | Minimum deposit |
|---|---|---|---|
| Rate Bump CD | 20 months | 4.40% | $500 |
Note: Annual percentage yields (APYs) shown are as of July 17 and may vary by region for some products.
How Marcus CD rates compare to top-yielding banks
Marcus offers a competitive APY for a one-year CD. However you may find higher yields at another bank.
Compare top CD rates before committing your savings to a CD.
Other savings options at Marcus
Savers seeking more liquidity do have another option at Marcus. The bank also offers a high-yield savings account that has no fees or minimum account requirements. The account doesn’t limit the number of withdrawals or transfers that can be made, following a change made by the Federal Reserve Board to Regulation D in April 2020.
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