Marcus by Goldman Sachs High-Yield CD

The Marcus High-Yield CD is the certificate of deposit arm of Goldman Sachs Bank USA's consumer brand. Terms run from 6 months to 6 years, every term takes a $500 minimum, and there are no monthly maintenance fees. As of September 7, 2026 the best rate on the menu is 4.35% APY on the 18 month High-Yield CD and on every High-Yield term from 2 years through 6 years. The 9 month High-Yield CD pays 4.30% APY, up from 4.10% on August 11. The curve is no longer inverted: locking money for 18 months or longer now pays more than the 9 month term. The rest of the High-Yield menu: 6 months at 3.95%, 12 months at 3.90%. No-Penalty CDs pay 3.75% for 7 months, 4.00% for 11 months, and 3.80% for 13 months. The 20-Month Rate Bump CD pays 3.75%. All of those figures come from Marcus's own CD rates page, dated September 7, 2026. For comparison, the Marcus Online Savings Account pays 3.40% APY with no term commitment, so the 18 month CD buys you 95 extra basis points in exchange for giving up access. Synchrony's featured 16 month CD still pays 4.30% APY with no minimum. Ally's 18 month CD pays 4.00% APY with no minimum. Two Marcus features are genuinely useful. The 10-Day CD Rate Guarantee means that if you open a CD, fund it with at least $500 within 10 days, and the posted rate for your term rises during that window, you automatically get the higher rate. Interest compounds daily, credits monthly, and can be disbursed out to your savings or an external bank each month with no penalty. The fine print is stricter than at some competitors. Marcus does not allow partial withdrawals of principal: if you need money early, you break the entire CD. The penalty is 90 days of interest on terms of one year or less, 180 days on terms over one year through five years, and 270 days on terms longer than five years. On an 18 month CD that is a 180 day penalty. You have 30 days after opening to finish funding, and no deposits are accepted after that. Balances are capped at $1,000,000 per account and $3,000,000 per owner across all Marcus deposits. This fits savers with at least $500 and a defined 18 month or longer horizon who want the top Marcus print. Skip it if you might need partial access. The 9 month at 4.30% is the shorter lock if 18 months is too long.