Marcus by Goldman Sachs® Introduces a No-Penalty Certificate of Deposit

NEW YORK, NY – Nov. 14, 2018 – Marcus by Goldman Sachs® is now offering a No-Penalty Certificate of Deposit (CD), allowing consumers to earn a high rate with the freedom to withdraw their full balance beginning 7 days after account opening without any penalty. Marcus’ No-Penalty CD is the latest savings offering from Marcus, joining its high-yield Online Savings Account offering an annual percentage yield (APY) of 2.05% and traditional high-yield certificates of deposit. Marcus’ No-Penalty CD comes with no fees and no penalty for early withdrawal.


No-Penalty CDs, including a 13 month term offering 2.15% APY, joins a growing suite of Marcus Savings products


“We introduced a No-Penalty CD because while we know many consumers may want to take advantage of a CD, life moments can happen that force them to withdraw their funds early, which can result in penalties,” said Marcos Rosenberg, Head of US Deposits for Marcus by Goldman Sachs. “We wanted to provide our customers the opportunity to use a great savings product with the flexibility to withdraw their funds should something come up.”

Marcus’ No-Penalty CD comes in 7, 11 and 13-month terms with a minimum deposit of $500, a fixed rate with guaranteed returns and no penalty to withdraw the full balance beginning 7 days after account opening. Open a 13 month No-Penalty CD today at a fixed APY of 2.15% with a guaranteed return.

For more information or to open an account please visit:  

About Marcus by Goldman Sachs®

Marcus by Goldman Sachs® offers products and tools designed to help people achieve financial well-being. Marcus offers a high-yield Online Savings Account and certificates of deposit in a variety of terms and no-fee, fixed-rate unsecured personal loans, including home improvement loans. All Marcus loans and savings products are provided by Goldman Sachs Bank USA, Member FDIC, and benefit from Goldman Sachs and its 150-year history of financial expertise, risk management and customer service. For more information please visit

About Clarity Money

Clarity Money is a personal finance mobile app that acts as your financial champion. By combining artificial intelligence and machine learning, Clarity Money delivers actionable insights to help consumers take control of their financial lives. The app displays your financial picture by analyzing accounts and spending patterns, identifying and helping to cancel unwanted subscriptions, and allowing users to check their free credit score. Launched in 2017 by venture capitalist and serial entrepreneur Adam Dell, Clarity Money became part of Marcus by Goldman Sachs in April 2018. The free app can be downloaded in the App Store, Google Play Store and is available at

Media Contacts:
Goldman Sachs
Andrew Williams, 212-902-5400
Zeno Group
Cathleen Koo, 212-299-8984

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