Marcus CD Rates and Terms for 2026
Written by
John Csiszar
Edited by
Joe Evans
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If you’re shopping for high-yield CDs from a big-name online bank, Marcus by Goldman Sachs CD rates are hard to ignore. Marcus is known for simple, no-fee savings products, and its CDs come with a 10-Day CD Rate Guarantee and a relatively low $500 minimum deposit.
As of December 16, 2025, heading into 2026, Marcus High-Yield CDs pay up to 4.05% APY, depending on the term. That’s well above the national average 12-month CD rate of about 1.63% APY in December 2025, according to FDIC data.
Below is a look at Marcus CD rates for early 2026, including High-Yield CDs, No-Penalty CDs and the Rate Bump CD option.
Current Marcus High-Yield CD Rates for 2026
Marcus lists the following High-Yield CD rates as of December 16, 2025.
Marcus High-Yield CD Rates
| Term | APY | Minimum Deposit | Early Withdrawal Penalty? |
|---|---|---|---|
| 6 months | $500 | Yes | |
| 9 months | $500 | Yes | |
| 12 months | $500 | Yes | |
| 18 months | $500 | Yes | |
| 2 years | $500 | Yes | |
| 3 years | $500 | Yes | |
| 4 years | $500 | Yes | |
| 5 years | $500 | Yes | |
| 6 years | $500 | Yes |
APYs and terms from the Marcus CD Rates page, “CD rates as of December 16, 2025.”
For quick context:
- Marcus 12-month CD: 4% APY, $500 minimum
- National average 12-month CD: 1.63% APY in December 2025
- Best 12-month CDs nationally: roughly 4.1% to 4.3% APY as of mid-December 2025
So Marcus is far above average, but just a hair below the very top promotional CD rates.
No-Penalty and Rate Bump CDs at Marcus
Marcus also offers No-Penalty CDs and a Rate Bump CD for savers who want more flexibility or the chance to bump their APY.
Marcus No-Penalty CD Rates
| Term (No-Penalty CD) | APY | Minimum Deposit | Early Withdrawal Penalty? |
|---|---|---|---|
| 7 months | $500 | No — full balance can be withdrawn starting 7 days after funding | |
| 11 months | $500 | No | |
| 13 months | $500 | No |
No-Penalty CDs let you withdraw the entire balance after the first seven days with no penalty, while still earning the advertised APY.
Marcus Rate Bump CD
| Product | Term | APY | Minimum Deposit | Special Feature |
|---|---|---|---|---|
| Rate Bump CD | 20 months | $500 | You can request a one-time (or limited) bump to a higher APY if Marcus raises the rate for that same term during your CD’s life. |
Key Marcus CD Features and Terms
Here’s the fine print readers care about most, in one place.
Marcus CD Basics
| Feature | Details |
|---|---|
| Bank | Goldman Sachs Bank USA (Marcus), Member FDIC |
| Minimum deposit | $500 to open and earn the stated APY on High-Yield, No-Penalty and Rate Bump CDs |
| CD types | High-Yield CDs, No-Penalty CDs, Rate Bump CD |
| 10-Day CD Rate Guarantee | Deposit at least $500 within 10 days of opening and Marcus will give you the highest APY it offered for that term during the 10-day window |
| Early withdrawal | High-Yield and Rate Bump CDs charge penalties if you withdraw principal before maturity; No-Penalty CDs allow full withdrawals after 7 days with no penalty |
| Insurance | FDIC insured up to $250,000 per depositor, per ownership category |
| Online savings comparison | Marcus Online Savings pays 3.65% APY as of Dec. 16, 2025, with no minimum balance, which can be a flexible companion to your CDs |
Pros and Cons of Marcus CDs
| Pros | Cons |
|---|---|
| Strong APYs up to 4.05% on High-Yield CDs, well above the 1.63% national average 12-month CD | Not always the absolute highest CD rates — some competitors still offer around 4.1% to 4.3% APY on select terms |
| Low $500 minimum makes CDs accessible to many savers | No branch network — Marcus is online only |
| 10-Day Rate Guarantee helps you capture a higher APY if Marcus raises rates right after you apply | Early withdrawal penalties apply on High-Yield and Rate Bump CDs if you need money before maturity |
| No-Penalty CDs offer solid APYs up to 3.95% with full withdrawal flexibility after 7 days | You can’t add money to a CD after the initial funding window (except limited add-on period on High-Yield CDs) |
| Backed by Goldman Sachs Bank USA and FDIC insured for strong principal protection | Maximum balance limits apply, which may matter to very large depositors |
How Much Can You Earn With a Marcus CD?
How much you can earn depends on your deposit amount, term length and the bank’s rate at the time you open the account. Here are a few examples:
| Deposit Amount | Term Length | APY | Estimated Interest Earned |
|---|---|---|---|
| $1,000 | 6 months | $20.05 | |
| $5,000 | 1 year | $200 | |
| $10,000 | 3 years | $1,216.22 | |
| $25,000 | 5 years | $5,270.37 |
Pro Tip
Use the GOBankingRates Savings Calculator to estimate how much your money can grow over time with compound interest. It’s a quick way to see the long-term impact of consistent saving.
How To Open a Marcus CD (Step-by-Step)
Opening a Marcus CD is fully online and usually takes just a few minutes.
- Check current CD rates
- Visit Marcus’ CD rates page to confirm today’s APYs and terms, since rates can change before your account is opened and funded.
- Choose your CD type and term
- High-Yield CD if you want the highest fixed APY and you’re comfortable locking funds until maturity
- No-Penalty CD if you want flexibility to withdraw early without a penalty
- Rate Bump CD if you like the option to bump your APY once if rates move higher
- Gather your information
- Name, address and contact details
- Social Security number or taxpayer ID
- Existing bank account information to fund your CD
- Apply and fund
- Open your CD online and link an external bank account
- Deposit at least $500 within 10 days to lock in the best APY under the 10-Day CD Rate Guarantee
- Set reminders for maturity
- CDs typically renew automatically at maturity
- Use a calendar reminder or the Marcus app so you can decide whether to roll over, move the funds to savings or shop for a new rate before the grace period ends
Is a Marcus CD Right for You?
A Marcus CD may be a good fit if you:
- Want a simple, online-only CD from a well-known brand
- Have at least $500 to lock away for a set term
- Like competitive APYs without constantly chasing every short-term promo
- Value the flexibility of No-Penalty CDs or the Rate Bump feature
You might want to keep shopping if you:
- Are focused on squeezing out the absolute highest APY in the market on each term
- Prefer in-person branch service
- Think you’ll need frequent access to your cash and would be better served by a high-yield savings account or money market account
Marcus CD Rates vs. Other Banks
Marcus tends to offer attractive CD rates. Here’s how it stacks up against other options.
| Bank | 6-Month CD | 1-Year CD | Minimum Deposit |
|---|---|---|---|
| Marcus by Goldman Sachs | $500 | ||
| Discover® Bank, Member FDIC | $0 | ||
| Synchrony Bank | $0 |
When comparing bank accounts, look beyond rates — consider fees, account features and customer support to find the best fit for you and your needs.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
None
No monthly service fee
APY
APY
APY
Min Opening
Min Opening
Min Opening
$0
$0
$0
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
Early withdrawal penalty may apply
No monthly service fee
Early withdrawal penalty may apply
APY
APY
APY
Up to
Contact bank for current rates
Up to
Min Opening
Min Opening
Min Opening
$500
$0
$0
Is a Marcus by Goldman Sachs CD Right for You?
Ideal for:
- Those who prefer online-only banking
- Those who want the highest CD rates currently available
- Those who can manage the lower minimum deposit of $500
Not great for:
- Those who also want a checking account
- Those who want to take out partial withdrawals
- Those who prefer in-person banking, as there are no bank branches
Tips for Getting the Best CD Rates
Marcus by Goldman Sachs CDs are best for those who want to grow their savings without risk. If you’re interested in opening an account, keep these tips in mind:
- Match terms to your goals: Short-term CDs work for immediate goals, while long-term CDs are ideal for retirement or future needs.
- Compare interest rates: Look at rates across terms to maximize your returns.
- Understand the fees and penalties: If you need access to your funds before the end of the term, you might face a penalty. Make sure you understand the costs before locking into a longer term.
The Bottom Line
If you’re comparing rates for CD accounts, Marcus by Goldman Sachs deserves a look. It offers a variety of rates and terms to suit the financial needs of most people, including accounts that are penalty-free should you anticipate needing your money before a CD comes to maturity.
More on Marcus by Goldman Sachs
- Marcus by Goldman Sachs Review
- Marcus by Goldman Sachs Savings Account Interest Rates
- Marcus by Goldman Sachs Promotions and Offers
Jami Farkas and Sarah Sharkey contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. CD rates are accurate as of Jan. 1, 2026.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
