#1 savings pickElevault High Yield SavingsElevault · 4.34% APY · 4.34% APY · $0 to open · Rated 4.6 / 5Read our review →

How we make money: Some links on this page may earn us a commission. That never affects our scores or the order of our picks, which follow our published methodology. Advertiser disclosure

Marcus logo
#5 of 15 in our CD ranking
MarcusCDsBest rate guarantee

Marcus by Goldman Sachs High Yield CD Review

Our take: One rate of 4.40% APY on every term from 12 months to 6 years, with a 10 day rate guarantee, 24/7 support and a top rated app. Shorter terms pay less.

Best APY4.40%
12 month APY4.40%
Minimum deposit$500
Learn more Goes to Marcus’s website. Rates as of Oct 28, 2026.
4.6out of 5BankingPicks rating
Best CD APY 30%4.9
12 month APY 20%4.9
Penalties and flexibility 15%4.0
Minimum deposit 15%4.0
App and support 10%5.0
Safety 10%4.5

Weights in italics. APY scores are set against a 4.50% benchmark. App and support is based on App Store and Google Play ratings. See the methodology.

Pros

  • 4.40% APY on every term from 12 months to 6 years
  • 10 day rate guarantee after opening
  • 24/7 support and a top rated app

Cons

  • 6 month term pays less (3.95% APY as of Oct 7, 2026)
  • 270 day penalty on terms over 5 years
  • $500 minimum deposit

Key facts

Terms
6 months to 6 years
Early withdrawal penalty
90 days of interest (1 year or less); 180 days (up to 5 years); 270 days (over 5 years)
Rate guarantee
Higher rate if it rises within 10 days of opening
At maturity
10 day grace period, then auto renews
Minimum to open
$500
Monthly fee
No monthly fee
Insurance
FDIC insured up to $250,000 per depositor, per ownership category
FDIC certificate
33124 (Goldman Sachs Bank USA, New York, NY)
Who can open
US residents 18 or older
Mobile app
Marcus app: 4.9 on the App Store, 4.9 on Google Play (Sep 28, 2026)
Customer service
1-855-730-7283, 24/7

Source: Marcus website, checked Oct 28, 2026. Insurance details from the FDIC BankFind database.

Marcus pays 4.40% APY on every High Yield CD term from 12 months to 6 years. The 9 month CD pays 4.30% and the 6 month CD pays 3.95%. You need $500 to open, and if Marcus raises the rate on your term within 10 days of opening, you get the higher rate. Rates as of Oct 28, 2026, checked against Marcus’ website on Oct 28, 2026.

Marcus CD rates today

TermAPY
6 months3.95%
9 months4.30%
12 months4.40%
18 months4.40%
2 years4.40%
3 years4.40%
4 years4.40%
5 years4.40%
6 years4.40%

Rates as of Oct 28, 2026, from Marcus’ High Yield CD page, checked Oct 28, 2026. Interest compounds daily and is added monthly.

CD rates change often for new deposits. Once you open a CD, your rate is fixed for the term.

Our verdict

Marcus is a strong choice for locking in a rate, from one year all the way to six. One flat rate across terms makes it simple, the 10 day rate guarantee protects you if rates rise right after you open, and support is available 24/7 with one of the best rated apps we track.

Two things to weigh: short terms under a year pay less, and penalties on terms over 5 years are steep at 270 days of interest.

Which Marcus CD term is best?

  • 12 months: 4.40% with the lightest penalty for that rate, 90 days of interest. Compare the best 12 month rate we track, 4.65% at CFG Bank CDs.
  • 2 to 5 years: the same 4.40%, locked in longer, with a 180 day penalty.
  • 6 years: also 4.40%, but the 270 day penalty makes it hard to justify over 5 years.
  • 9 months: 4.30% if you need the money back in under a year.

On a $10,000 deposit, the 12 month CD earns about $440 in a year.

For context, the best 12 month rate across the CDs we track is 4.65% APY at CFG Bank CDs, and the best rate on any term is 5.00% at Sallie Mae Bank CDs. See every CD side by side on our best CD rates page.

How Marcus CD rates compare, term by term

At our checks between Oct 19 and Oct 22, 2026, Marcus did not lead any single term. Its 4.40% sits 0.20 to 0.60 points below the top rate we track on terms from 12 months to 5 years. On $10,000 for 5 years, that is about $2,402 at Marcus versus $2,642 at E*TRADE’s 4.80% with no minimum, a gap of about $240.

TermMarcusBest rate we trackBest with no minimum
6 months3.95%Happen Bank 4.40% ($500)E*TRADE 4.20%
9 months4.30%E*TRADE and Bread Savings 4.40%E*TRADE 4.40%
12 months4.40%Popular Direct 4.60% ($10,000)E*TRADE 4.55%
18 months4.40%Bread Savings 4.85% ($1,500)E*TRADE 4.55%
2 years4.40%E*TRADE 4.80%E*TRADE 4.80%
3 years4.40%Popular Direct 4.85% ($10,000)E*TRADE 4.80%
4 years4.40%Popular Direct 4.95% ($10,000)Barclays 4.50%
5 years4.40%Sallie Mae 5.00% ($2,500) and Popular Direct 5.00% ($10,000)E*TRADE 4.80%
6 years4.40%Marcus (the only 6 year CD we track)None

Each rate checked at the bank’s own website between Oct 19 and Oct 23, 2026. Popular Direct needs $10,000 per CD, Bread Savings $1,500, Happen Bank and Marcus $500.

What Marcus offers instead: one rate across every term from 1 to 6 years, a 6 year term almost no one else offers, a 10 day rate guarantee if rates rise right after you open, and No Penalty CDs. Compare the full field on our best CD rates page.

Marcus No Penalty CD rates

TermAPY
7 months3.75%
11 months4.00%
13 months3.80%

As of Oct 22, 2026, from Marcus’ No Penalty CD page. $500 minimum.

A No Penalty CD lets you take out your full balance, with interest, starting 7 days after you fund it. You cannot take out part of it; you withdraw everything and the CD closes. The 11 month term pays the most. Learn more in what is a no penalty CD.

Penalties and maturity

Early withdrawal costs 90 days of interest on terms of 1 year or less, 180 days on terms over 1 year up to 5 years, and 270 days on terms over 5 years. CDs renew automatically, with a 10 day grace period. The rate guarantee applies when the CD reaches the $500 minimum within 10 days of opening.

Is it safe?

Marcus is a brand of Goldman Sachs Bank USA, FDIC insured under certificate 33124, which we confirmed in the FDIC BankFind database. Deposits are covered up to $250,000 per depositor, per ownership category.

Compare CD rates by term: 6 month · 9 month · 1 year · 18 month · 2 year · 3 year · 4 year · 5 year

How we rated it

It earns top marks for its rates across terms, app and support, and loses points on short term rates and longer penalties. It scores 4.6 out of 5 on our scorecard for this category. See how we score on the comparison page and our methodology.

How Marcus compares

AccountRatingBest APY12 month APY
E*TRADE CDs (Morgan Stanley Private Bank)4.74.80%4.55%
Barclays Online CD4.74.75%4.50%
Synchrony Bank CDs4.74.75%4.30%
Capital One 360 CDs4.74.50%4.00%
Marcus by Goldman Sachs High Yield CD4.64.40%4.40%
Bread Savings CD4.44.85%4.45%
CFG Bank CDs4.44.82%4.65%
Happen Bank CD4.44.76%3.50%
American Express CDs4.44.40%3.65%
Always.bank CDs4.34.15%4.15%
Service Credit Union Share Certificates4.34.10%4.10%
Sallie Mae Bank CDs4.25.00%4.50%
Ivy Bank CDs4.24.25%4.05%
Popular Direct CDs4.05.00%4.60%
Peak Bank CDs4.03.69%3.69%

See the full CD ranking →

Marcus CD FAQ

What are Marcus CD rates today?

Marcus lists 4.40% APY on High Yield CD terms from 12 months to 6 years, 4.30% for 9 months and 3.95% for 6 months, as of Oct 28, 2026.

What is the Marcus rate guarantee?

If Marcus raises the rate on your CD term within 10 days of opening, you get the higher rate, as long as you fund at least $500 in that time.

What is the Marcus CD minimum deposit?

$500.

What is the Marcus CD early withdrawal penalty?

90 days of interest for terms of 1 year or less, 180 days for terms up to 5 years and 270 days for terms over 5 years.

Is Marcus FDIC insured?

Yes. Marcus is a brand of Goldman Sachs Bank USA, FDIC certificate 33124.

Are Marcus CD rates good right now?

They are solid but not the highest. At our checks between Oct 19 and Oct 22, 2026, Marcus paid 4.40% APY on 12 months to 6 years, while the top rates we tracked were 4.60% on 12 months and 5.00% on 5 years, both with a $10,000 minimum.

What are Marcus No Penalty CD rates?

3.75% APY for 7 months, 4.00% for 11 months and 3.80% for 13 months, as of Oct 22, 2026, with a $500 minimum. You can withdraw the full balance starting 7 days after funding.

Ready to open Marcus by Goldman Sachs High Yield CD?

Rates as of Oct 28, 2026. Confirm the current rate and terms on the provider’s site before you apply.

Learn more
BankingPicks Editorial Team

We compare banking products on published scorecards and check every figure against the provider’s own website. We don’t accept payment for rankings. Editorial policy · Methodology

Marcus by Goldman Sachs High Yield CD rate history

Every change we found to this account’s rates in our checks of the bank’s website, newest first, with the date the bank gives for each rate. See every bank on our rate change tracker.

Rate as ofAccountTermChangeDirection
Oct 2, 2026High Yield CD12 months3.90% to 4.40% APYRaised
Oct 2, 2026High Yield CD18 months to 6 years4.35% to 4.40% APYRaised