Goldman Sachs Bank USA
Marcus by Goldman Sachs High-Yield CD Review 2026
Updated October 10, 2026
4.40% APY on a 12-month CD with a $500 minimum, plus a no-penalty CD.
Quick answer
The Marcus by Goldman Sachs 12-month High-Yield CD paid 4.40% APY on October 10, 2026, with a $500 minimum. Marcus adds a 10-Day CD Rate Guarantee and an 11-month No-Penalty CD at 4.00% APY that lets you withdraw the full balance beginning 7 days after funding. Terms run from 6 months to 6 years, and deposits are FDIC-insured up to $250,000.
Who Marcus by Goldman Sachs High-Yield CD is best for
Savers with at least $500 who want a rate guarantee at opening or a no-penalty CD at the same bank.
At a glance
- 1-year APY
- 4.40%
- No-penalty CD
- 4.00% APY
- Minimum deposit
- $500
- FDIC
- Insured
12-month term, read at marcus.com on October 10, 2026; the bank dates its rates October 10, 2026
11-month term; also 7-month at 3.75% and 13-month at 3.80%
To open any Marcus CD and earn the stated APY
Goldman Sachs Bank USA — $250K coverage
Pros
- +10-Day CD Rate Guarantee — if Marcus raises the rate on your term within 10 days of opening and the CD reaches the minimum deposit in that window, you get the higher rate
- +No-Penalty CD: withdraw the full balance beginning 7 days after funding; no partial withdrawals
- +Nine standard terms from 6 months to 6 years; every term from 12 months up paid 4.40% when we checked
- +Issued by Goldman Sachs Bank USA, Member FDIC
- +Interest compounds daily and is added to the balance monthly
Cons
- −$500 minimum deposit (Synchrony, Ally and Capital One open with no minimum)
- −Early-withdrawal penalty on standard CDs: 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, calculated on the original principal; partial withdrawals of principal are not allowed
- −No ATM or debit-card access — CDs are pure savings vehicles
Marcus by Goldman Sachs High-Yield CD requirements
- US resident with SSN/ITIN
- At least 18 years old
- $500 minimum opening deposit
- Linkable external bank account
Marcus by Goldman Sachs High-Yield CD rates & fees
The Marcus 12-month High-Yield CD paid 4.40% APY when we read marcus.com on October 10, 2026 (Marcus dates its rates October 10, 2026). The 11-month No-Penalty CD paid 4.00%. Both require $500 to open. Verify the current rate at marcus.com before opening — the APY is fixed at funding for the full term.
Rates & fees last verified at the issuer on 2026-10-10. Always confirm current terms before applying.
◆ ClearValue platform data
How Marcus's 12-month CD compares with the FDIC national average
The FDIC's national average for a 12-month CD was 1.73% as of September 21, 2026 (FDIC National Rates and Rate Caps). Marcus's 12-month CD paid 4.40% APY when we read marcus.com on October 10, 2026 — about 2.5x the national average.
On a $10,000 deposit held for 12 months, 4.40% APY earns $440 in interest and the national average earns $173 — a difference of $267. Among the six CDs in this guide that are open to new customers, Marcus's 12-month APY ranked second (the range was 4.00%–4.45%). Only Bread Savings (4.45%) paid more, and it requires $1,500 to open against Marcus's $500.
Primary sources: FDIC National Rates and Rate Caps
The 1.73% figure is the FDIC's national average across insured institutions, not a Marcus quote. Marcus's APY is the one its site showed on October 10, 2026 (the bank dates its rates October 10, 2026). A CD's rate is fixed only once the account is opened and funded, so confirm it at marcus.com first.
Marcus by Goldman Sachs High-Yield CD alternatives
Top alternatives worth comparing from Best CD Rates 2026.
Comenity Capital Bank
Bread Savings CD
4.45% on a 1-year CD if you can deposit $1,500
Synchrony Bank
Synchrony Bank CD
4.20% on a 12-month CD with no minimum deposit
Ally Bank
Ally Bank CD
No minimum deposit, with no-penalty and rate-increase CDs at one bank
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Apply at Goldman Sachs Bank USA→Guide last updated October 10, 2026
The full lineup
See all picks in Best CD Rates 2026
Editorial methodology + complete ranking criteria + side-by-side comparison of all picks.
Read the full guide →Bottom line
Marcus by Goldman Sachs High-Yield CD scores 4.2 / 5 on the ClearValue Rating — a deterministic editorial composite from the product's own published fees, terms, and eligibility. Best for: Savers with at least $500 who want a rate guarantee at opening or a no-penalty CD at the same bank.
◆ How we scored it
The ClearValue Rating, broken down.
- Cost
- 35%
- Fit & approval odds
- 30%
- Speed & terms
- 20%
- Transparency
- 15%
Cost (35%), Fit & approval odds (30%), Speed & terms (20%), Transparency (15%) — scored consistently across every product, independent of compensation. Full methodology →
Frequently asked
Questions about Marcus by Goldman Sachs High-Yield CD
What is the Marcus CD APY in 2026?+
On October 10, 2026, marcus.com showed 4.40% APY on its 12-month High-Yield CD. The 6-month term paid 3.95%, the 9-month term 4.30%, and every term from 12 months to 6 years 4.40%. A CD's APY is fixed for the term once the account is opened and funded, and Marcus can change the rate it offers on new CDs at any time — verify the current rate at marcus.com before funding. Source: marcus.com, rates dated October 10, 2026; FDIC-insured via Goldman Sachs Bank USA.
Does Marcus offer a no-penalty CD?+
Yes. Marcus lists three No-Penalty CD terms. On October 10, 2026 the 11-month term paid 4.00% APY, and the others were 7-month at 3.75% and 13-month at 3.80%. You can withdraw the full balance beginning 7 days after funding; no partial withdrawals, and once you withdraw the account is closed. The minimum is $500. The 11-month No-Penalty CD paid 0.40 percentage points less than the 12-month standard CD — that gap is the price of the early exit. Verify current terms at marcus.com.
What is the early-withdrawal penalty on a Marcus standard CD?+
Marcus's FAQs set the penalty by term: 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, calculated on the original principal. The formula Marcus gives is the interest rate divided by 365, times the penalty days, times the original principal. You cannot withdraw part of the principal before maturity — an early withdrawal closes the CD. If you may need the money early, compare the No-Penalty CD instead.
Is ClearValue Lending a bank or CD issuer?+
No. ClearValue Lending is not a bank, CD issuer, lender, or financial advisor. This review presents publicly available editorial information about Marcus High-Yield CDs. CDs are issued and operated by Goldman Sachs Bank USA. APYs, terms, fees, and eligibility are determined solely by Goldman Sachs Bank USA and may change — verify current terms at marcus.com before opening.
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Independent editorial review. ClearValue Lending is a business & personal financing platform — not a lender, broker, or financial advisor. Some links are affiliate links; the issuer may pay a referral commission at no cost to you, which never changes the score. Specific product terms vary; verify with the issuer before applying. See privacy policy.