Marcus by Goldman Sachs is offering a 14-month CD at a leading 4.10% APY, the highest rate among one-year or shorter CDs. Following three Fed rate cuts in 2025 and rate stability in 2026, GS is leveraging its online banking platform to attract deposit growth in a competitive CD market.
Marcus by Goldman Sachs has set its 14-month certificate of deposit at 4.10% APY, the top offer for terms of one year or less. This rate outpaces offerings from other online banks and credit unions, positioning GS to capture yield-seeking savers.
The Federal Reserve reduced its federal funds rate three times in 2025 and has held rates steady so far in 2026. As upward rate shifts become less likely, this CD launch may represent one of the final opportunities for consumers to lock in double-digit APY-equivalent returns.
By promoting a high-yield CD through its Marcus online platform, Goldman Sachs aims to expand its retail deposit base and improve funding stability. Enhanced deposit volumes could support the bank’s net interest margin and reduce reliance on wholesale funding sources.
