Available nationwide, Sallie Mae Bank is offering a 3.90% APY Rate on their High Yield Savings Account. Continue reading to learn everything you need to know about the attractive rate and account.
Update 3/6/25: The rate has decreased to 3.90% APY (from 4.10%).
About Sallie Mae Bank Savings Review
Sallie Mae Bank started as a government-sponsored enterprise, but in 2004, they became a fully privatized company. They believe in the power of education, and it drives everything they do. They’re a partner helping families save, plan, and pay for college with the motto “Let’s Make College Happen.”
I’ll review Sallie Mae Bank High Yield Savings below.
Sallie Mae Bank High Yield Savings Rate
When you sign up for their High Yield Savings Account, you can start maximizing your savings and it takes just minutes to open an account online!
- What you’ll get: 3.90% APY
- Eligible account: High Yield Savings
- Credit inquiry: Soft Pull
- Where it’s available: Nationwide (Online)
- Opening Deposit: None
- Monthly fee: None listed
- Early Termination Fee: None
(FDIC Insured)
| PROMOTIONAL LINK | OFFER | REVIEW |
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| American First Credit Union Money Market | 3.90% APY + $1200 Bonus | Review |
| Western Alliance Bank High-Yield Savings | 3.80% APY + $1200 Bonus | Review |
| Live Oak Bank Savings | 3.80% APY | Review |
| CIT Bank Platinum Savings | 3.75% APY | Review |
| CIT Bank Savings Connect | 3.65% APY | Review |
| Quontic Bank High Yield Savings | 3.50% APY | Review |
| Robinhood Gold | 3.25% APY | Review |
| Betterment Cash Reserve | 3.25% APY | Review |
| Upgrade Premier Savings | 3.05% APY | Review |
How to Earn Sallie Mae Bank Rate
- Apply and sign up online. You must provide all of your personal credentials.
- Open a High Yield Savings Account
- Earn the 3.90% rate and gain access with all of their features.
| Balance Requirement | APY Rate |
| Any balance | 3.90% APY |
Account Features
- No minimum balance or monthly fees
- Free transfers with a maximum of 6 withdrawals per month
- Easy online account management
- APY compounded daily and paid monthly
- FDIC-insured for your peace of mind
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Conclusion
Check out this great offer from Sallie Mae Bank. You can enjoy earning an attractive rate. Take advantage of the services they have to offer along with these savings. With a great account like this, I recommend signing up today so you can start saving and growing your money for the future!
In addition to the rate from Sallie Mae Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Let us know about your experience with this bank and comment below.
