Marcus CD Rates 2026: Every Term and APY (as of October 3, 2026)

Marcus CD rates run from 3.95% to 4.40% APY on High-Yield CDs as of October 3, 2026, with every term from 12 months to 6 years paying 4.40%. Marcus by Goldman Sachs also offers No-Penalty CDs at 3.75% to 4.00% APY and a 20-month Rate Bump CD at 4.35% APY. Every CD needs $500 to open, and APYs can change before you fund.

Rates as of October 3, 2026. We checked every figure on this page against Marcus’s own CD pages and FAQ on October 3, 2026. CD APYs are fixed once your CD is funded, but the rates Marcus offers to new customers can change at any time. Confirm the current rate on marcus.com before you open an account. This page is general information and is not financial advice. Some links on Money 8020 are affiliate or partner links; see our advertiser and affiliate disclosure.

What are Marcus CD rates today?

As of October 3, 2026, Marcus High-Yield CD rates are 3.95% APY for 6 months, 4.30% for 9 months, and 4.40% for every term from 12 months through 6 years. All nine terms need a $500 opening deposit to earn the stated APY. Marcus labels these rates “as of October 03, 2026” on its High-Yield CD page.

Source: Marcus High-Yield CD page and Marcus FAQ, checked October 3, 2026. The penalty column applies Marcus’s published penalty bands to each term.

The flat 4.40% from 12 months to 6 years is the most notable feature of the current table. On most rate sheets, longer terms pay a premium for locking money away longer. Here, a 12-month CD pays the same APY as a 6-year CD, so a longer term only adds value if you expect rates to fall and want to keep 4.40% for longer. It also comes with a bigger early withdrawal penalty.

Marcus caps each CD at $1,000,000 and each depositor at $3,000,000 across all Marcus deposit accounts, per its FAQ.

What do Marcus No-Penalty CD and Rate Bump CD rates look like?

As of October 3, 2026, Marcus No-Penalty CDs pay 3.75% APY for 7 months, 4.00% for 11 months and 3.80% for 13 months. The 20-month Rate Bump CD pays 4.35% APY. Both need a $500 minimum, and both trade some yield against the 4.40% High-Yield CD for extra flexibility.

Source: Marcus No-Penalty CD and Rate Bump CD pages, checked October 3, 2026.

No-Penalty CD rules. You can take your money out beginning seven days after funding, but you must withdraw the full balance, not part of it. You keep the interest earned. You cannot add money once the minimum balance is reached.

Rate Bump CD rules. If Marcus raises the rate it offers for the same Rate Bump term, you can ask to move to that higher rate one time. There is no fee for the switch. Requests received by 6 pm ET are processed no later than the next day. The usual early withdrawal penalty still applies if you take out principal before maturity. Marcus’s CD guide describes Rate Bump terms of 20 to 30 months, but only the 20-month term was listed with a rate on October 3, 2026.

How much interest do Marcus CD rates earn?

At the 4.40% APY Marcus offered on October 3, 2026, a $10,000 High-Yield CD would earn about $440 over 12 months and about $2,402 over 5 years, if no money is withdrawn. These are our estimates from the published APY. Interest compounds daily and is credited monthly, per Marcus.

How we calculated: balance × ((1 + APY) ^ years − 1), with the 11-month figure prorated by 11/12 of a year. Figures are before taxes and assume the APY is locked at funding and nothing is withdrawn. They are illustrative estimates, not a promise of what any account will pay. For more on how compounding turns an interest rate into an APY, see how APY works.

What is the Marcus CD early withdrawal penalty?

Marcus charges 90 days of interest on CDs with 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. The penalty uses the CD’s interest rate and original principal. Marcus does not allow partial withdrawals of principal before maturity.

Marcus publishes the formula: interest rate ÷ 365 (366 in a leap year) × penalty days × original principal. Note that the formula uses the interest rate, which is slightly lower than the APY. Marcus’s CD pages list APYs, not the underlying rates. On a $10,000 12-month CD at 4.40% APY, we estimate the implied rate at about 4.31%. That makes the 90-day penalty about $106. Marcus shows the exact figure on each account’s details page.

The practical point is that the penalty can be larger than the interest you have earned if you break a CD early, which would reduce your principal. If there is a real chance you will need the money before maturity, the No-Penalty CD or a savings account may fit better.

How does the Marcus 10-Day CD Rate Guarantee work?

The 10-Day CD Rate Guarantee gives you the highest APY Marcus publishes for your CD product and term during the 10 days after you open the account, as long as the CD reaches the $500 minimum within that window. If the rate goes up after you open, you get the higher rate automatically.

If you don’t reach $500 within 10 days, your rate is the APY offered on the day the CD hits the minimum. The guarantee applies only to Marcus-branded CDs. It does not apply to rate increases you request on a Rate Bump CD.

Two other timing rules matter:

• 30-day funding window. For High-Yield and Rate Bump CDs, you can keep adding money for the first 30 days after opening, per Marcus’s CD guide. After that, the balance is fixed until maturity.
• Maturity and grace period. Marcus emails or mails a reminder 30 days before maturity. After maturity you have a 10-day grace period to withdraw without penalty, renew for the same term, or switch terms. If you do nothing, the CD renews automatically for the same term at the rate then offered. You can change your maturity instructions online until 8:30 pm ET the day before maturity.

Marcus CD vs Marcus Online Savings: which pays more?

As of October 3, 2026, the 12-month Marcus High-Yield CD pays 4.40% APY and Marcus Online Savings pays 3.50% APY, a gap of 0.90 percentage points. The CD rate is fixed for the term once funded. The savings APY is variable and can change at any time before or after you open the account.

Sources: Marcus CD, No-Penalty CD and Online Savings pages, checked October 3, 2026.

The trade-off is certainty against flexibility. A CD locks in its rate for the term but ties up your principal. The savings account keeps your money available but its rate can move up or down. See our profile of Marcus Online Savings, and for a broader view of how to judge the trade-off, read how to choose a savings account.

Are Marcus CDs safe?

Marcus CDs are deposit accounts at Goldman Sachs Bank USA, which FDIC BankFind lists as an active insured institution (certificate 33124, New York, New York) as of the FDIC data refreshed October 2, 2026. The FDIC insures deposits up to at least $250,000 per depositor, per ownership category, at each insured bank.

Two practical notes:

• The limit is per bank, not per account. Marcus CDs and Marcus Online Savings are both at Goldman Sachs Bank USA, so balances you hold in both count toward the same per-depositor limit within each ownership category.
• Ownership categories matter. Joint accounts and certain trust accounts are separate categories with their own coverage. The FDIC’s Electronic Deposit Insurance Estimator (EDIE) at fdic.gov can check your specific setup.

Who might consider a Marcus CD, and who might not?

A Marcus High-Yield CD fits money you are confident you won’t need until the term ends, with at least $500 to deposit. The No-Penalty CD fits money you might need sooner. Neither fits an emergency fund you may need to access in part, because Marcus doesn’t allow partial withdrawals before maturity.

Factors that tend to favor a Marcus CD, based on the published terms:

• You have a fixed date for the money (a planned purchase or tax bill) that lines up with an available term.
• You want a rate that won’t change for the term, rather than a variable savings APY.
• You can meet the $500 minimum and fund within the 30-day window.

Factors that tend to point elsewhere:

• You may need part of the money early. Marcus doesn’t allow partial principal withdrawals.
• You need more than one deposit over time. Only the first 30 days allow added funds.
• Your balance at Goldman Sachs Bank USA would exceed FDIC coverage for your ownership category.

To compare Marcus with other CDs we track, see our CD rankings. Money 8020 doesn’t know your finances, so this section describes how the product works, not what you should do. This is not financial advice.

How we verified this page

• Rates and terms: Every APY, minimum, penalty and rule on this page comes from Marcus’s own pages, checked on October 3, 2026: the High-Yield CD, No-Penalty CD, Rate Bump CD and Online Savings pages, the CD guide and the FAQ. Marcus labeled its APYs “as of October 03, 2026.”
• FDIC status: Checked against FDIC BankFind’s institution data for certificate 33124 (index refreshed October 2, 2026). The coverage limit comes from the FDIC’s “Understanding Deposit Insurance” page.
• Estimates: Interest and penalty dollar amounts are our arithmetic from the published APYs and penalty formula, and are labeled as estimates.
• What we left out: Marcus’s comparison of its rates against the “largest US banks” (third-party Curinos data, not something we could verify independently), any Rate Bump term other than 20 months, and the number of rate bumps on longer Rate Bump terms (not listed with current rates on October 3, 2026).

Key takeaways

• Marcus CD rates as of October 3, 2026: 3.95% APY (6 months), 4.30% (9 months) and 4.40% for every term from 12 months to 6 years.
• No-Penalty CDs pay 3.75% to 4.00% APY; the 20-month Rate Bump CD pays 4.35% APY.
• All Marcus CDs need $500 to open. Funds can be added only in the first 30 days (High-Yield and Rate Bump CDs only).
• Early withdrawal penalties are 90, 180 or 270 days of interest depending on term, and partial withdrawals aren’t allowed.
• The 10-Day CD Rate Guarantee gives you any higher published rate during the first 10 days if you fund $500 in that window.
• CDs are deposits at Goldman Sachs Bank USA (FDIC cert 33124). Rates can change at any time before you fund; confirm on marcus.com.

Sources

1. Marcus by Goldman Sachs, “High-Yield Certificates of Deposit” (rates as of October 3, 2026). https://www.marcus.com/us/en/savings/high-yield-cds (accessed October 3, 2026)
2. Marcus by Goldman Sachs, “No-Penalty CD” (rates as of October 3, 2026). https://www.marcus.com/us/en/savings/no-penalty-cds (accessed October 3, 2026)
3. Marcus by Goldman Sachs, “Rate Bump CD” (rate as of October 3, 2026). https://www.marcus.com/us/en/savings/ratebumpcd (accessed October 3, 2026)
4. Marcus by Goldman Sachs, “How Our CDs Work” (CD guide). https://www.marcus.com/us/en/savings/cd-info-guide (accessed October 3, 2026)
5. Marcus by Goldman Sachs, FAQs (CD fees and penalties, maturity, deposit limits). https://www.marcus.com/us/en/faqs (accessed October 3, 2026)
6. Marcus by Goldman Sachs, “Online Savings Account” (APY as of October 3, 2026). https://www.marcus.com/us/en/savings/high-yield-savings (accessed October 3, 2026)
7. FDIC BankFind Suite API, Goldman Sachs Bank USA, certificate 33124. https://api.fdic.gov/banks/institutions?filters=CERT:33124 (accessed October 3, 2026)
8. FDIC, “Understanding Deposit Insurance.” https://www.fdic.gov/resources/deposit-insurance/understanding-deposit-insurance (accessed October 3, 2026)

Rates and terms can change at any time. APYs shown were published by Marcus on October 3, 2026, and may differ when you apply. Money 8020 is not a bank and doesn’t hold deposits. This content is for general information only and is not financial advice. Money 8020 may earn a commission from some links on this site; see our disclosures.