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Sallie Mae, typically known as a student loan provider, also provides savings options. Sallie Mae’s money market account has a APY, check-writing privileges, no monthly maintenance fees and no ...
Competitive savings and 1-year CD rates. Cons: Some online banks do offer stronger rates. ... The rates are very competitive at Sallie Mae Bank. Its savings account offers an APY of 0.70%, making ...
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
Sallie Mae — 4.65% APY; no minimum deposit. Note: The annual percentage yields (APYs) shown are as of March 25, 2024. The rates for some products may vary by region.
MMAs offer rates of 4.5% APY or higher, which make them a lot like a high-yield savings account (HYSA) that can grow your money more quickly than an everyday savings account.
3. Sallie Mae Bank. APY: APY. Term: 60 months. Account minimum to open: $2,500. Sallie Mae Bank offers excellent rates on CDs. Plus, an automatic renewal option makes it simple to continue growing ...
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