Marcus by Goldman Sachs CD Rates Today (October 2026): 4.40% APY
Written & reviewed by Hans Goldstein, EA, independent licensed insurance producer · CA license 4273294 · NPN 20602398Admitted to practice before the IRS
Rates checked against marcus.com on October 13, 2026 · Last reviewed
Short answer
Marcus pays 4.40% APY on its 12-month, 18-month and 2-year High-Yield CDs, as of October 13, 2026, with 4.30% on 9 months and 3.95% on 6 months and a $500 minimum. The Marcus No-Penalty CD pays up to 4.00% (11 months). Longer terms (3 to 6 years) paid 4.35% when last checked on September 24, 2026, so Marcus is not paying extra to lock up money longer.
Marcus High-Yield CD rates today
| Term | APY | Minimum | As of |
|---|---|---|---|
| 6 months | 3.95% | $500 | October 13, 2026 |
| 9 months | 4.30% | $500 | October 13, 2026 |
| 12 months | 4.40% | $500 | October 13, 2026 |
| 18 months | 4.40% | $500 | October 13, 2026 |
| 2 years | 4.40% | $500 | October 13, 2026 |
| 3 years | 4.35% | $500 | September 24, 2026 |
| 4 years | 4.35% | $500 | September 24, 2026 |
| 5 years | 4.35% | $500 | September 24, 2026 |
| 6 years | 4.35% | $500 | September 24, 2026 |
What stands out
- Flat at 4.40% from 12 months to 2 years (October 13, 2026). The 12-month no longer dips: it rose from 3.90% on September 24 to 4.40%.
- No reward for going longer. The 3 to 6 year terms paid 4.35% on September 24, 2026, below the 12-month today.
- 10-Day CD Rate Guarantee. Fund at least $500 within 10 days and you get any rate increase on your term in that window.
- $500 minimum, with maximum balance limits.
- FDIC: Goldman Sachs Bank USA, cert 33124.
Marcus No-Penalty CD rates
Marcus also sells No-Penalty CDs. On October 13, 2026 they paid 3.75% APY for 7 months, 4.00% for 11 months and 3.80% for 13 months, with a $500 minimum. You can withdraw the full balance starting seven days after funding; partial withdrawals are not allowed. The 11-month at 4.00% gives up 0.40 point against the 12-month High-Yield CD in exchange for a free exit. Details in the Marcus No-Penalty CD review.
How much does a $10,000 Marcus CD earn?
About $440 over 12 months at 4.40% APY (October 13, 2026), and about $196 over 6 months at 3.95%. Interest is taxed as ordinary income each year at the federal level and by your state. For money you need back in a year, compare with 52-week Treasury bills (4.48% coupon equivalent, U.S. Treasury, September 25, 2026), which are exempt from state income tax: how T-bills work.
Are Marcus CDs any good?
Yes, for 12 to 24 month money. 4.40% sits near the top of the best nationally available 1-year CDs (4.35% to 4.50%, DepositAccounts, September 25, 2026), with a low $500 minimum and FDIC insurance through Goldman Sachs Bank USA. The weak spot is the long end, which pays no more than the short end. If you want a branch, Marcus has none; compare Ally CD rates and Synchrony CD rates, both also online-only.
How the Marcus 5-year compares
| 5-year option | APY | As of |
|---|---|---|
| Marcus 5-year High-Yield CD | 4.35% | Sept 24, 2026 |
| Capital One 360 60-month CD | 3.60% | Sept 24, 2026 |
| Navy Federal 5-year certificate ($1K / $100K+) | 3.85% / 3.90% | Sept 24, 2026 |
| Best nationally available 5-year CDs | 4.35%-4.50% | Sept 24, 2026 |
| A-rated-or-better 5-year MYGAs | ~5.50%-6.05% | October 14, 2026 |
Quick answers (October 2026)
What are Marcus CD rates today?
On October 13, 2026 Marcus paid 4.40% APY on 12-month, 18-month and 2-year High-Yield CDs, 4.30% on 9 months and 3.95% on 6 months, per marcus.com.
Are Marcus and Goldman Sachs CDs the same?
Yes. Marcus is the consumer brand of Goldman Sachs Bank USA, so Goldman Sachs CD rates are the Marcus rates.
What is the Marcus CD minimum deposit?
$500 to open a CD and earn the stated APY.
What does the Marcus No-Penalty CD pay?
On October 13, 2026: 4.00% APY for 11 months, 3.80% for 13 months and 3.75% for 7 months. You can withdraw the full balance starting 7 days after funding.
Related: Marcus 1-year CD rate · Marcus No-Penalty CD · Ally CD rates · Marcus savings rate · Today's MYGA rates
From my desk: Hans Goldstein, licensed insurance producer (NPN 20602398)
When a client shows me a Marcus CD, the first question is how long the money can sit. Today the answer changes the product: 12 months to 2 years all pay 4.40%, so I'd rather they take the 12-month and keep the option to move, than lock 5 years at a lower 4.35%.
For money that can sit five years, I lay the Marcus 5-year next to a 5-year MYGA. A-rated MYGAs paid about 5.50% to 6.05% on October 14, 2026 (public carrier rate sheets).
Example ($250,000, 5 years, 24% federal bracket, state tax ignored): the Marcus 5-year at 4.35% (September 24) ends near $294,100 after tax; a 5.50% MYGA ends near $308,300 after tax is paid at the end, about $17,700 more. The MYGA rate is guaranteed by the issuing insurer and backed by its claims-paying ability, not the FDIC, and has surrender charges. See the CD vs MYGA comparison.
Who Marcus CDs fit
- Savers who want 12 months to 2 years at a top-tier online rate (4.40%, October 13, 2026) with FDIC insurance.
- Anyone laddering: the flat curve makes the shorter rungs the better value.
Less of a fit: 5 and 6-year money. You earned 4.35% on September 24, less than the 12-month pays today, with a longer lock, taxed every year.
Marcus 5-year CD vs. a 5-year MYGA
| $250,000 for 5 years | Marcus 5-year CD | 5-yr MYGA at 5.50% |
|---|---|---|
| Rate | 4.35% APY | 5.50% (fixed for the term) |
| Tax on interest | Every year (1099-INT) | Deferred until withdrawn |
| Value after 5 years, after 24% federal tax | ~$294,100 | ~$308,300 (tax paid at the end) |
| Protection | FDIC, $250K per ownership category | Insurer claims-paying ability + state guaranty association (limits vary by state) |
| Getting out early | Interest penalty | Surrender charge above the free-withdrawal amount; IRS 10% penalty before 59½ |
About $17,700 more after tax on the MYGA (24% federal bracket, state tax ignored). For money you may need inside two years, or that must stay FDIC-insured, the CD is the right tool. Fixed annuity benchmark: carriers rated A or better topped out around 5.50% to 6.05% on 5-year compound-interest MYGAs, per public carrier rate sheets, October 14, 2026. Rates vary by state, premium and carrier.
A multi-year guaranteed annuity (MYGA) is the insurance version of a CD: one fixed rate for a set term. As of October 14, 2026, A-rated-or-better insurers were paying about 5.50% to 6.05% on 5-year MYGAs. The best nationally available 5-year CDs paid about 4.70% to 5.00% APY, and big-institution 5-year CDs less (as of September 24, 2026: Capital One 360 60-month 3.60%, Navy Federal 5-year 3.85 to 3.90%). A MYGA also defers the tax, where a CD or money market fund is taxed every year on interest you have not spent.
The trade is liquidity: breaking a MYGA early costs a surrender charge, not a few months of interest, and it is backed by the insurer and your state guaranty association rather than the FDIC. See the side-by-side · Current MYGA rates
Sources: public carrier rate sheets (MYGAs, as of October 14, 2026; rates vary by state, premium and carrier); Bankrate 5-year CD table (as of October 14, 2026); capitalone.com; navyfederal.org (as of September 24, 2026). Rates change often; confirm before you buy.
Related: best 5-year CD rates · Synchrony CD review · Sallie Mae CD review
Marcus CD rates: FAQ
What are Marcus CD rates today?
As of October 13, 2026, Marcus High-Yield CDs pay 3.95% APY for 6 months, 4.30% for 9 months and 4.40% for 12 months, 18 months and 2 years. The 3 to 6 year terms paid 4.35% on September 24, 2026. No-Penalty CDs pay 3.75% to 4.00%. The minimum deposit is $500.
What is the Marcus 5-year CD rate?
4.35% APY as of September 24, 2026, the latest check of the 5-year term. On October 13, 2026 the 12-month to 2-year terms paid more, 4.40%.
What is the Marcus minimum deposit for a CD?
$500 to open a High-Yield CD and to earn the stated APY. Marcus says maximum balance limits apply.
What is the Marcus 10-Day CD Rate Guarantee?
If you open a High-Yield CD and deposit at least $500 within the first 10 days, and Marcus raises the rate on your term during that window, you get the higher rate automatically.
Are Marcus CDs FDIC insured?
Yes. Marcus is a brand of Goldman Sachs Bank USA (FDIC cert 33124). Deposits are insured up to $250,000 per depositor, per ownership category.
Is a Marcus 5-year CD or a 5-year MYGA better?
For money you will not touch for five years, a MYGA usually pays more: roughly 5.50% to 6.05% from A-rated-or-better insurers on October 14, 2026 versus 4.35% for the Marcus 5-year, and MYGA interest is tax-deferred. On $250,000 (24% federal bracket) that is about $17,700 more after tax. The CD keeps FDIC insurance and a smaller early-exit cost; the MYGA is backed by the insurer’s claims-paying ability.
My take
Marcus is a strong online CD at 4.40% from 12 months to 2 years (October 13, 2026), and its best value is at the short end. For five-year money that does not need FDIC insurance, get a MYGA quote before you lock in.
Hans Goldstein is an independent licensed insurance producer (CA license 4273294, NPN 20602398) and is not affiliated with Goldman Sachs Bank USA or Marcus. Rates are copied from the sources named, as of the date shown; confirm the current rate before opening. MYGA figures are illustrations, not quotes.
Disclosure
This review reflects publicly available Marcus rate sheets and FDIC filings as of the date stated above. CD APYs change frequently, sometimes weekly. Always confirm current rates at marcus.com before opening an account. This article is general information for educational purposes; it is not a personalized recommendation, solicitation, or offer of any specific bank or insurance product. Hans Goldstein is an independent licensed insurance producer (NPN 20602398) appointed with multiple A-rated annuity carriers; Hans is not a bank employee, not affiliated with Marcus or Goldman Sachs, and receives no compensation from any bank for this review. Comparisons between CDs and MYGAs reflect representative rates as of the dates shown on this page and are illustrative. Your individual rate, tax situation, and suitability will vary. Always read the actual CD disclosure or annuity contract and consult a licensed advisor before purchasing. FDIC coverage is subject to current FDIC rules and the $250,000 per-depositor, per-bank, per-ownership-category limit. State guaranty association coverage on annuities varies by state. Tax treatment is subject to change.