Marcus by Goldman Sachs High-Yield CD vs Newtek Bank 6-Month CD
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick MB Marcus by Goldman Sachs High-Yield CD Marcus by Goldman Sachs 99/100 | NB Newtek Bank 6-Month CD Newtek Bank, N.A. 82/100 | |
|---|---|---|
| Tier | Essential | Strong |
| 1-year APY | 3.90% | 4.00% |
| 3-year APY | 3.70% | Yes |
| 5-year APY | 3.80% | — |
| Minimum deposit | $500 | — |
| Annual fee | — | — |
| Best for | Savers who can lock funds away for a fixed term | Savers who want a short lock-up at a strong rate |
| View profile | View profile |
Which should you choose: the Marcus by Goldman Sachs High-Yield CD or the Newtek Bank 6-Month CD?
The Marcus by Goldman Sachs High-Yield CD is the stronger pick of the two, with a money8020 score of 99/100 versus 82. Choose the Newtek Bank 6-Month CD instead if savers who want a short lock-up at a strong rate.
On 1-year APY, the Marcus by Goldman Sachs High-Yield CD shows 3.90% versus the Newtek Bank 6-Month CD's 4.00%. On 3-year APY, the Marcus by Goldman Sachs High-Yield CD shows 3.70% versus the Newtek Bank 6-Month CD's Yes. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Marcus by Goldman Sachs High-Yield CD vs Newtek Bank 6-Month CD: FAQ
Is the Marcus by Goldman Sachs High-Yield CD or the Newtek Bank 6-Month CD better?
By our scoring, the Marcus by Goldman Sachs High-Yield CD edges ahead with a money8020 score of 99/100 versus 82. The Newtek Bank 6-Month CD can still be the better fit if savers who want a short lock-up at a strong rate.
What is the main difference between the Marcus by Goldman Sachs High-Yield CD and the Newtek Bank 6-Month CD?
On 1-year APY, the Marcus by Goldman Sachs High-Yield CD offers 3.90% while the Newtek Bank 6-Month CD offers 4.00%. Review the full table above and confirm current terms with each provider. This is not financial advice.