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 offers competitive yields on its CDs and a deposit of only $500 is needed to open a CD. Among banks, it is offering one of the highest 1-year CD rates.

Marcus by Goldman Sachs earned a 4.1 out of 5 in Bankrate’s overall rating of the bank.

Marcus by Goldman Sachs CD rates

Let’s dive deeper into the current high-yield CD rates at Marcus by Goldman Sachs.

Account name Term APY Minimum deposit
High-yield CD 6 months 0.15% $500
High-yield CD 9 months 0.25% $500
High-yield CD 12 months 0.55% $500
High-yield CD 18 months 0.70% $500
High-yield CD 24 months 0.55% $500
High-yield CD 36 months 0.55% $500
High-yield CD 48 months 0.55% $500
High-yield CD 60 months 0.60% $500
High-yield CD 72 months 0.60% $500

The bank also offers no-penalty CDs. Even if you withdraw money before your term is up, you won’t pay a fee — you just have to wait seven days after funding your CD before doing so. Let’s dive deeper into the current no-penalty CD rates at Marcus by Goldman Sachs.

Account name Term APY Minimum deposit
No-Penalty CD 7 months 0.45% $500
No-Penalty CD 11 months 0.35% $500
No-Penalty CD 13 months 0.25% $500

Note: The APYs (Annual Percentage Yield) shown are as of June 2, 2021. The APYs for some products may vary by region.

How Marcus by Goldman Sachs savings rates compare to top-yielding banks

Marcus by Goldman Sachs offers one of the highest APYs for a 12-month CD. While you may find slightly higher yields from other banks, Marcus by Goldman Sachs’ rates are very competitive.

Compare top CD rates before committing your savings to a CD.

Other savings options at Marcus by Goldman Sachs

If you want more liquidity for your savings, you have other another option.

Marcus by Goldman Sachs also offers a high-yield savings account that has no fees or minimum account requirements. Since it’s a savings account, you can make up to six withdrawals per month.

Written by
Libby Wells
Contributing writer
Libby Wells is a contributor covering banking and deposit products. She has more than 30 years’ experience as a writer and editor for newspapers, magazines and online publications.
Edited by
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