Marcus by Goldman Sachs currently provides a 4% annual percentage yield on its one-year certificate of deposit, according to data from January 18, 2026. This rate represents the highest available in the market at this time.
Traditionally, longer-term CDs have featured higher interest rates than shorter-term options. Banks typically offered better rates to encourage customers to keep deposits for extended periods. The current economic situation has reversed this pattern.
The interest earned from a CD depends on the APY, which accounts for both the base rate and compounding frequency. Interest on these accounts usually compounds daily or monthly.
For example, a $1,000 investment in a one-year CD with a 1.63% APY would yield $16.42 in interest over twelve months with monthly compounding. The total balance would reach $1,016.42.
With the 4% APY from Marcus, the same $1,000 deposit would generate $40.74 in interest, resulting in a final balance of $1,040.74. Larger deposits produce proportionally greater returns.
A $10,000 investment in the 4% APY CD would earn $407.42 in interest, bringing the total to $10,407.42 at maturity.
Several CD types exist beyond traditional accounts. Bump-up CDs permit one rate increase during the term if bank rates rise. No-penalty CDs allow early withdrawal without fees.
Jumbo CDs require minimum deposits of $100,000 or more. Brokered CDs are purchased through brokerage firms rather than directly from banks.