Marcus by Goldman Sachs 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Marcus by Goldman Sachs4.6/5

Rate (APY)
4.00% APY
Term
1 year
Minimum Deposit
$500
Promotion
N/A
Apply Now →on Marcus by Goldman Sachs's website

Marcus by Goldman Sachs shines for its accessibility, requiring only a $500 minimum deposit to open a 1-year CD with a competitive 4.00% APY. The daily compounding interest feature enhances the potential returns, making it an appealing choice for new savers.

Pros:

  • Low minimum deposit
  • Daily compounding interest

Cons:

  • Early withdrawal penalty

In conclusion, Marcus by Goldman Sachs is an excellent option for individuals seeking a straightforward and rewarding savings solution, particularly those new to saving who appreciate a low minimum deposit and competitive interest rates. Its daily compounding interest further sweetens the deal, making it a smart choice for anyone looking to grow their savings over a one-year term.

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Summary of all rates from our CD rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Newtek Bank4.30% APY6 months$2,500Learn more
Limelight Bank4.15% APY6 months$1,000Learn more
Bread Savings4.15% APY9 months$1,500Learn more
Northern Bank Direct4.15% APY3 months$500Learn more
Synchrony Bank4.10% APY14 months$0Learn more
LendingClub4.10% APY8 months$500Learn more
Popular Direct4.05% APY1 year$10,000Learn more
Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae Bank3.80% APY1 year$2,500Learn more
Colorado Federal Savings Bank3.80% to 4.00% APY5 years$5,000Learn more
Capital One 3603.75% APY1 year$0Learn more
Live Oak Bank3.60% APY6 months$2,500Learn more
CFG Bank3.35% to 3.90% APY5 years$500Learn more
Wells Fargo0.05% APY6 months$2,500Learn more

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