Marcus CD Information Guide

Your CD questions, answered

Welcome to our CD Information Guide, your resource for opening and managing a Marcus High-Yield CD, Rate Bump CD or No-Penalty CD.

Choose a Marcus CD to fit your needs

High-Yield CD

  • Fixed Rate
  • Terms from 6 months to 6 years
  • $500 minimum balance
  • If balance is withdrawn before maturity, you’ll be subject to an early withdrawal penalty.

Rate Bump CD

  • Fixed Rate
  • Terms from 20 months to 30 months
  • $500 minimum balance
  • Option to change to a higher rate (if available) during term. (The number of potential rate bumps is based on the length of your term)

No-Penalty CD

  • Fixed Rate
  • Terms from 7 months to 13 months
  • $500 minimum balance
  • Can withdraw balance, including interest earned, anytime beginning 7 days after funding.

Top 5 CD Questions

These are some of the top questions customers ask about CDs at Marcus.

About the CD Maturity Center

Manage your CD online, at your convenience. You can see your maturity date, tell us what you want to do when your CD matures and more. 

Log in and set up a plan for your CD.

Watch this short video about how to use the CD Maturity Center.

Facts about funding, interest and penalties

Certificates of Deposit have special rules and policies for funding, earning interest and what happens if you withdraw your money before your CD matures. Rest assured: We’ve got answers to your funding, earning and penalty questions here.

How your maturity date is determined

Your CD’s maturity date is set based on the last date that money is added to your CD during the initial funding period.
Adding money to a Rate Bump CD at the time that you request a rate increase does not change your maturity date.

Example If you open a 1-year CD on January 5, 2023 and add money on January 12, 2023, your 1-year CD’s maturity date will be January 12, 2024.

Date opened

January 5, 2023

Add money

January 12, 2023

1-Year Maturity Date

January 12, 2024

Rest easy with our 10-day CD Rate Guarantee

If our CD rates change during the 10-day period after you've opened your account and funded with at least $500 (opening day plus 10 days), you'll receive the highest published interest rate and Annual Percentage Yield (APY) we offer on the CD product and term you selected during that 10-day period. Guaranteed.