Find the latest Marcus by Goldman Sachs Bank CD Rates, Offers, and Promotions here.
Update 5/20/24: The 6, 9, 12 month rates have increased slightly. Still in the upper range, but there are definitely higher rates offered by institutions like Rising Bank, Western Alliance Bank, Ponce Bank, and more here.
Best CD Rates: 5.10% APY 6-Month, 5.00% APY 9 & 12-Month, $500 minimum.
Availability: Nationwide, Online
Credit Inquiry: Soft Pull
About Marcus by Goldman Sachs Bank
This bank was established in 1990 and renamed in 2017. Marcus by Goldman Sachs is owned by the Goldman Sachs Group, Inc., a multinational firm founded in 1869 and headquartered in New York, NY.
They offer a wide array of products to meet your individual needs. Ranging from Checking, Savings, CDs, and loans. They currently offer standard CD rates from 6-month to 12-months. All you need is $500 to open the account and everything can be managed online.
Term | APY Rate | Minimum Deposit |
6-Month | 5.10% | $500 |
9-Month | 5.00% | $500 |
12-Month | 5.00% | $500 |
13-Month No Penalty CD | 4.70% | $500 |
18-Month | 4.60% | $500 |
24-Month | 4.20% | $500 |
36-Month | 4.15% | $500 |
48-Month | 4.05% | $500 |
60-Month | 4.00% | $500 |
72-Month | 3.90% | $500 |
*The above rates are accurate as of 5/20/2024*
Marcus by Goldman Sachs Bank CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer the term, the higher APY rate you make.
What’s so special about this rate? There’s no penalty when you need to withdraw money so you can earn a great rate without locking in your money. If you are interested, check out their rates listed below.
- Minimum deposit: $500
- Maximum deposit: $250,000
- Early withdrawal penalty: A penalty will be imposed for early withdrawal on normal CD account. No penalty for 13-month term.
(FDIC Insured)
Alliant Credit Union 12-Month Certificate (4.30% APY) | Quontic Bank CD (Up to 4.45% APY) |
Western Alliance Bank 3-Month CD (4.05% APY) | Western Alliance Bank 5-Month CD (3.85% APY) |
Ponce Bank 3-Month CD (4.40% APY) | Blue Federal Credit Union 9-Month No Penalty CD (4.00% APY) |
SkyOne Federal Credit Union 5-Month CD (4.10% APY) | Sun Canyon Bank 11-Month CD (3.98% APY) |
Rising Bank 6-Month CD (4.00% APY) | Rising Bank 12-Month CD (3.70% APY) |
Marcus by Goldman Sachs CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the FDIC up to the maximum allowed by law
- No early withdrawal penalty for 13-month term
Bottom Line
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum opening deposit of just $500. The No Penalty account might be beneficial for someone who has to withdraw money often.
An online account is ideal for Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Marcus by Goldman Sachs does have decent rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
This is a great opportunity to invest in a high-interest CD from Marcus by Goldman Sachs Bank. However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
- Best No Penalty CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Marcus by Goldman Sachs Bank CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
Consumers Credit Union | 4.70% APY 9-Month Certificate | Review |
Service Credit Union | 4.50% APY 6-Month CD | Review |
Ponce Bank | 4.45% APY 4-Month No-Penalty CD | Review |
Quontic Bank | Up to 4.45% APY CD | Review |
Ponce Bank | 4.40% APY 3-Month High Yield CD | Review |
Sallie Mae | 4.40% APY 14-Month CD | Review |
Alliant Credit Union | 4.35% APY 12-Month Certificate | Review |
Sallie Mae | 4.35% APY 10-Month CD | Review |
Live Oak Bank | 4.30% APY 12-Month CD | Review |
Live Oak Bank | 4.30% APY 12-Month Business CD | Review |
Western Alliance Bank | 4.05% APY 3-Month CD | Review |
SkyOne Federal Credit Union | 4.10% APY 5-Month CD | Review |
Discover Bank | 4.10% APY 12-Month CD | Review |
First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
Blue Federal Credit Union | 4.00% APY 9-Month No Penalty CD | Review |
Rising Bank | 4.00% APY 6-Month CD | Review |
Sun Canyon Bank | 3.98% APY 11-Month CD | Review |
SkyOne Federal Credit Union | 3.95% APY 12-Month CD | Review |
SkyOne Federal Credit Union | 3.90% APY 15-Month CD | Review |
SkyOne Federal Credit Union | 3.85% APY 18-Month CD | Review |
Western Alliance Bank | 3.85% APY 5-Month CD | Review |
GreenState Credit Union | 3.80% APY 10-Month CD | Review |
First Financial Northwest Bank | 3.75% APY 12-Month CD | Review |
Blue Federal Credit Union | 3.75% APY 15-Month CD | Review |
Western Alliance Bank | 3.75% APY 6-Month CD | Review |
Rising Bank | 3.70% APY 12-Month CD | Review |
Southwestern National Bank | 3.65% APY 5-Month CD | Review |
CIT Bank | 3.50% APY 13-Month CD | Review |
CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
Southwestern National Bank | 3.40% APY 8-Month CD | Review |
Western Alliance Bank | 3.00% APY 12-Month CD | Review |
Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
Southwestern National Bank | 3.00% APY 10-Month CD | Review |
CIT Bank | 3.00% APY 6-Month CD | Review |
CIT Bank | 3.00% APY 18-Month CD | Review |
Delain Taylor says
I have done math on 2.65% 1000 =4 cents aday
OB says
Nov 13, 2017: Just spoke with GS Bank (Morena) and was assured that opening a CD will result in a SOFT pull only.