Rate Bump CD: Your upgrade to a higher rate

Introducing the Rate Bump CD. Lock in a competitive rate today and you could score an upgrade if rates go up.

  • If we raise the rate offered for your term, you can switch to the higher rate one time during your term.
  • You'll earn the higher rate until the end of your term.
  • No change fee. No penalty. $%%RBCD_minimumFundingAmount%% minimum to open.

New!

20-Month Rate Bump CD

%%RBCD_20M_Term_APY%%

Annual Percentage Yield

Annual Percentage Yield (APY) as of %%RBCD_validAsOf%%. APY may change at any time before Rate Bump CD is opened and funded. Penalties that may reduce Rate bump CD earnings will apply to a withdrawal of principal prior to maturity. $%%RBCD_minimumFundingAmount%% minimum to open a Rate Bump CD and earn stated APY. Maximum balance limits apply.

Rate Bump CD: Your upgrade to a higher rate

Introducing the Rate Bump CD. Lock in a competitive rate today and you could score an upgrade if rates go up.

  • If we raise the rate offered for your term, you can switch to the higher rate one time during your term.
  • You'll earn the higher rate until the end of your term.
  • No change fee. No penalty. $%%RBCD_minimumFundingAmount%% minimum to open.

New!

20-Month Rate Bump CD

%%RBCD_20M_Term_APY%%

Annual Percentage Yield

Annual Percentage Yield (APY) as of %%RBCD_validAsOf%%. APY may change at any time before Rate Bump CD is opened and funded. Penalties that may reduce Rate bump CD earnings will apply to a withdrawal of principal prior to maturity. $%%RBCD_minimumFundingAmount%% minimum to open a Rate Bump CD and earn stated APY. Maximum balance limits apply.

See the Rate Bump CD in Action

Open and fund

It's pretty simple. You open a Rate Bump CD and lock in your rate (just like a traditional CD).

Upgrade to a higher rate

Later, if Marcus raises the rate we offer for the same term, instead of missing out on higher earnings, you have the option to change to the higher rate one time during your term.

Earn more until maturity

Your rate increase will take effect the same day...and won't change. No matter what. 

Rate Bump Requests received by 6 pm ET, will be processed no later than the next day. Rate Bump Requests received after 6 pm ET may take up to two days to process.

Prior to maturity, you may request a one-time rate increase to the highest APY and interest rate we offer for the same Rate Bump CD term as of the day of your request. Rate increase requests received by 6 pm ET, will be processed no later than the next day. Rate increase requests received after 6 pm ET may take up to two days to process. The 10-Day CD Rate Guarantee does not apply to rate increases for your Rate Bump CD.

Why open a Rate Bump CD?

Like a traditional CD, get a guaranteed return with added flexibility. With today’s rising rate environment, we’ll give you the option to take advantage if the rate for your term goes up later.

Hot air balloon with curved mounatin

Why open a Rate Bump CD?

Like a traditional CD, get a guaranteed return with added flexibility. With today’s rising rate environment, we’ll give you the option to take advantage if the rate for your term goes up later.

Why open a Rate Bump CD?

In today's rising rate environment, get a fixed rate and a guaranteed return like a traditional CD, with the option to take advantage if the rate for your term goes up later.

Frequently asked questions