Goldman Sachs Marcus Launches 9-Month CD at 4.05% APY
Marcus by Goldman Sachs is offering a 4.05% APY on its 9-month CD, the highest available rate today. After three rate cuts totaling one percentage point in late 2024-2025, CD rates have declined, prompting customers to lock in current yields via GS deposits.
1. Marcus by Goldman Sachs 9-Month CD Offer
Marcus by Goldman Sachs currently leads the market with a 4.05% APY on its 9-month certificate of deposit, the highest rate among surveyed institutions. This offering targets savers seeking to secure competitive yields in a short-term deposit.
2. CD Rate Trends Post-Fed Cuts
Following three federal funds rate cuts totaling 100 basis points in late 2024 and 2025, certificate of deposit yields have trended downward. The latest 4.05% APY reflects a peak before further anticipated easing, making this an opportune moment to lock in rates.
3. Implications for Goldman Sachs Deposits
The attractive CD rate may drive increased deposit inflows to Goldman Sachs, improving its funding base and liquidity profile. Higher retail deposits could help offset wholesale funding costs as CD balances grow on the bank’s balance sheet.