Marcus by Goldman Sachs Posts 4.05% APY on 9-Month CD
Marcus by Goldman Sachs now offers a 9-month CD at 4.05% APY, the highest rate available today. This outpaces the 1.52% average for a 1-year CD as elevated deposit yields persist following three Fed rate cuts in 2025.
1. Marcus Launches 4.05% APY 9-Month CD
Marcus by Goldman Sachs has raised its 9-month certificate of deposit rate to 4.05% APY, making it the top CD yield in the market today and targeting savers seeking short-term fixed returns.
2. National Average CD Rates Linger at 1.52%
As of March 2026, the average interest rate for a 1-year CD stands at 1.52%, leaving a substantial gap between leading online offerings and broader market rates, which remain elevated.
3. Impact of 2025 Fed Rate Cuts on Deposits
Despite three reductions in the Federal Reserve’s target rate during 2025, deposit account yields have remained high, creating one of the strongest environments for locking in fixed rates in nearly two decades.
4. Tips for Selecting Optimal CD Terms
Investors should weigh APY against term length and liquidity needs, considering that online institutions like Marcus often deliver higher yields compared to traditional banks and credit unions.