Marcus by Goldman Sachs Offers 4% APY on 14-Month CD
GS•GS•GS•GS•Marcus by Goldman Sachs currently offers a 14-month CD at a 4% APY, the highest rate among short-term certificates. CD rates have eased from their post-pandemic peaks but still range from 4% to 4.5% for six- to 12-month terms, well above decade averages.
Marcus by Goldman Sachs now offers a 14-month certificate of deposit with a 4% annual percentage yield, the highest short-term CD rate currently available across the market.
Short-term CD yields have retreated from cycle highs but remain elevated at 4% to 4.5% for six- to 12-month terms, significantly above the sub-1% levels seen during the 2010s and pandemic lows.
Offering a top-tier CD rate could enhance deposit inflows for Goldman Sachs, supporting lower-cost funding and potentially improving net interest margin if loan yields hold steady.
