Goldman Sachs Marcus Tops CDs With 4.10% APY on 14-Month Term
GS•Goldman Sachs’s Marcus unit leads the market with a 4.10% APY on its 14-month CD, the highest rate available July 9, 2026. CD rates have eased following Fed rate cuts, but several institutions still offer 4% APY or more, benefiting savers seeking fixed-income returns.
1. Marcus CD Rate Leadership
Goldman Sachs’s Marcus unit is offering a 4.10% APY on its 14-month CD as of July 9, 2026, topping the list of available certificate of deposit rates nationwide. This rate surpasses other institutions currently offering around 4.0% APY on similar terms, reflecting a competitive push in the online banking segment.
2. Impact of Federal Rate Cuts
Since late 2024, the Federal Reserve has cut its target rate by 100 basis points across three cuts, leading banks to lower deposit rates. With the Fed holding rates steady in 2026, CD rates have plateaued or slightly declined, making the current 4.10% offering a rare standout.
3. Depositor Implications and Strategy
Savers seeking stable returns amid low volatility are incentivized to lock in rates now, given the unlikely prospect of further Fed cuts this year. Investors should compare term lengths, liquidity constraints, and account minimums — Marcus requires a minimum $500 deposit — to determine the best CD option.
