Last Updated: 04/18/2025
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Marcus Special promotional 10-month CD
Claimed
in CD Accounts from Goldman Sachs Bank USA
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
Minimum Opening Deposit
Certificate Term
Marcus Special promotional 10-month CD Review
Marcus Special promotional 10-month CD is no longer available to new customers on SuperMoney. Click here to compare and quickly find the best options for your needs. |
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 5.05%, which is much higher than the national average for a CD account.
- $500 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
- Limited selection of CD terms. Marcus only offers one CD term. This limits your options when trying to set up a CD ladder.
Pros & Cons of Marcus Special promotional 10-month CD
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Marcus Special promotional 10-month CD FAQ
Are CD from Goldman Sachs Bank USA federally insured?
What types of CDs does Goldman Sachs Bank USA offer?
Marcus provides the following types of CDs.- Traditional CDs. These CDs pay a fixed interest rate if you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or automatically renewing the CDs for another term.
- Bump-up CDs. Bump-up CDs allow you to increase the interest rate you earn on your savings if the going interest rates rise. These CDs are useful in a changing interest rate environment.
- liquid CDs. Liquid CDs, often called risk-free or breakable CDs, are a type of no-penalty CD that allows you to take out your money before the CD matures without paying a penalty.
What rates does Goldman Sachs Bank USA offer on its CDs?
What terms does Marcus offer?
Goldman Sachs Bank USA offers CD terms of the following lengths:| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Term | 10 months | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 5.05% (see terms and conditions) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 10-Month APY | 5.05% (see terms and conditions) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum deposit to open a CD account with Goldman Sachs Bank USA?
What is the grace period for Marcus?
What types of fees, such as early withdrawal penalties, does Goldman Sachs Bank USA charge?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Annual Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Early Withdrawal Fee? | (see terms and conditions) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Marcus Special promotional 10-month CD Disclosure: Marcus by Goldman Sachs® is a brand of Goldman Sachs Bank USA and Goldman Sachs & Co. LLC (“GS&Co.”), which are subsidiaries of The Goldman Sachs Group, Inc. All loans, deposit products, and credit cards are provided or issued by Goldman Sachs Bank USA, Salt Lake City Branch. Member FDIC.
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