Lock in a fixed rate with this No-Penalty CD with an 8-month term, available exclusively for AARP members. You get the power to earn a competitive fixed rate, plus the flexibility to withdraw your full balance if you need it, beginning 7 days after funding. Click here for FAQs.
The Marcus by Goldman Sachs high-yield No-Penalty CD features:
Annual Percentage Yield (APY) as of January 26, 2021. Maximum balance limits apply. APY may change before a No-Penalty CD is opened and funded. Withdrawals permitted starting seven days after the funding date. $500 minimum to earn stated APY for No-Penalty CD.
That's it. No gimmick. No hidden fees. No questions asked.
It's easy to open an account here or call Marcus at 1-833-956-2277
The 8-month No-Penalty CD is available for AARP members when you open an account on this page.
Including your name, address, date of birth and Social Security Number. Your AARP Membership Number is required to open the No-Penalty CD for AARP members. Visit our Security Center to learn about how we keep your information secure.
Your 8-month No-Penalty CD will earn a high-yield, fixed rate for a guaranteed return.
Guaranteed return assumes funds are held through the end of the term.
You must be an active AARP member and must share your AARP Membership number at the time you open the account at marcus.com/us/en/savings/aarp-npcd or by calling Marcus at 833-956-2277. The 8-month No-Penalty CD is only available for AARP members.
No. Partial withdrawals are not permitted from a No-Penalty CD. You may withdraw your full account balance beginning seven days after funding.
Once the balance of your No-Penalty CD reaches at least $500, you may not make additional deposits.
A No-Penalty CD is a certificate of deposit that includes a bit of freedom. You can withdraw your balance anytime beginning seven days after the day the CD was funded – you don’t have to wait for the term to end. Your interest rate is fixed and will not change during the term of the CD. A high-yield Online Savings Account earns a competitive rate and has no fees. The rate is variable and can change at any time.
Marcus by Goldman Sachs (“Marcus”) is a third-party that offers financial products to consumers. Marcus pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Marcus loans and deposit products are provided by Goldman Sachs Bank USA, Member FDIC. Not all applicants will qualify for all Marcus products. Terms are subject to change and may have restrictions and limitations. Approval and eligibility criteria is determined solely by Marcus by Goldman Sachs. Please contact Marcus directly for questions relating to Marcus products.