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Marcus by Goldman Sachs No-Penalty CDs

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APYUp to 4.70% Image
Min. Deposit $500 Image

Last updated on 2023-12-20

Marcus by Goldman Sachs No-Penalty CDs Review

Pros Pros

Low min. deposit

Higher yields for short term CDs for one of the largest banks in the country

Flexibility to withdraw without penalty

Convenient online banking

Cons Cons

Similar but lower yields as compared to Marcus High Yield CDs for >1 year term

No physical banks

Deposit Details Marcus by Goldman Sachs CD APY

  $500 & Above
7 months 0.45% APY
11 months 0.35% APY
13 months 4.70% APY

 

Receive 0.45% APY for 7 months No-Penalty CDs

Receive 0.35% APY for 11 months No-Penalty CDs

Receive 4.70% APY for 13 months No-Penalty CDs

Applicable to minimum placement of US$500 and above and maximum deposit amount of US$1,000,000 per account

Flexibility to withdraw full balance (deposit amount + accumulated interest) 7 days after funding

 

Click here to go to Marcus by Goldman Sachs website for more details

 

About Bank About Marcus by Goldman Sachs

Marcus by Goldman Sachs is the online division for Goldman Sachs Bank and have no physical branches. Customers can place CDs online via their website or app within minutes

Marcus by Goldman Sachs have US-based contact centers that are open 7 days a week and customers who have queries about savings can contact them at 1-855-730-7283

Goldman Sachs Bank (including Marcus by Goldman Sachs) is a member of FDIC which covers the deposits of a depositor to up to US$250,000

 

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