Marcus, Goldman Sachs' online bank, has lowered the rate on all of its CD offerings by at least 15 basis points. Their one-year CD product is now at 2.25%, down from 2.40%. They have also eliminated all of their No Penalty CDs, except the 7-month one which is now offered at 2.10%. BestCashCow previously wrote very favorably about the No Penalty CDs, and we still see the 7-Month No Penalty CD as being an attractive alternative to their 2.00% savings online rate.
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Last Update on March 18, 2024
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