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.
Annual Percentage Yield (APY) as of March 31, 2023. 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.
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
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 or by phone.
Provide your name, address, date of birth, Social Security Number and AARP membership number.
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’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.
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.