8-Month No-Penalty CD for AARP members.
Marcus is here to help people find ways to be smarter with their money—like this fixed-rate 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 No-Penalty CD features:
- Open and enroll online or by phone
- No fees and no early withdrawal penalty
- Easy transfers to/from other banks
- Deposits are FDIC instured and backed by the financial expertise of Goldman Sachs
- Contact Center available 24 hours a day / 7 days a week
8-Month No-Penalty CD for AARP Members
Minimum deposit
Early withdrawal penalty
Annual Percentage Yield (APY) as of April 19, 2024. 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.
The Marcus by Goldman Sachs No-Penalty CD features:
- Open and enroll online or by phone
- No fees and no early withdrawal penalty
- Easy transfers to/from other banks
- Deposits are FDIC instured and backed by the financial expertise of Goldman Sachs
- Contact Center available 24 hours a day / 7 days a week
No-Penalty CD Calculator: Calculate Your Savings
A No-Penalty CD lets you keep your money growing and your options open.
With the Marcus 8-month No-Penalty CD for AARP members, you get peace of mind knowing your rate won’t change for 8 months. And if you need your money sooner, withdraw your balance with no problem—and no penalty.
Lock in a great rate for a guaranteed rate of return
Withdraw balance with no penalty, beginning 7 days after funding. Keep all the interest you earned.
Link your external bank accounts for transfers and manage your account in our CD Maturity Center
How to open your 8-month No-Penalty CD for AARP members
It's easy to open an account here or call Marcus at 1-833-956-2277
Click Open an Account to get started or log in
The 8-month No-Penalty CD is available for AARP members when you open an account on this page or by phone.
Enter your information in our secure form
Provide your name, address, date of birth, Social Security Number and AARP membership number.
Start earning
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.
How to find your AARP membership number
You’ll need your AARP membership number to enroll in Marcus’ special offers for AARP members. To find your AARP membership number, log in at www.aarp.org and click on your name and select ‘My Account’ tab. You can also give AARP a call at 1-888-687- 2277.
Learn more about the 8-month No-Penalty CD for AARP members
How do I qualify?
Can I make a partial withdrawal from my No-Penalty CD?
Can I add additional funds to a No-Penalty CD once it's been opened?
What is the difference between an Online Savings Account and a No-Penalty CD?
What Marcus customers are saying
Neither AARP nor its affiliates are a bank. AARP commercial member benefits are provided by third parties, not by AARP or its affiliates. Marcus by Goldman Sachs (“Marcus”) offers financial products to consumers. Marcus loans and deposit products are provided by Goldman Sachs Bank USA, Member FDIC. Marcus pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. 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.